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Waste Management, Inc. (WM) is a publicly traded company that provides waste management environmental services. Its stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol “WM.” The company has a market capitalization of over $60 billion as of 2021, making it one of the largest waste management companies in the world.
In terms of financial performance, Waste Management has consistently delivered strong earnings and revenue growth over the past several years. The company's revenue for the full year 2020 was $14.5 billion, representing an increase of 2.6% compared to the previous year. Its net income for the same period was $1.6 billion, or $4.05 per share, up from $1.5 billion, or $3.76 per share, in 2019.
Waste Management has also demonstrated a strong track record of earnings growth, with its earnings per share (EPS) increasing at a compound annual growth rate (CAGR) of 11.2% over the past five years. This growth is expected to continue in the coming years, with analysts projecting EPS to grow at a CAGR of 7.5% over the next five years.
In addition to its strong financial performance, Waste Management is also committed to sustainability and environmental responsibility. The company has set a number of ambitious sustainability goals, including reducing its greenhouse gas emissions by 45% by 2038 and investing in renewable energy sources.
Overall, Waste Management is a well-established and financially stable company with a strong track record of earnings growth, revenue growth, and commitment to sustainability. As such, it may be a attractive investment opportunity for investors looking for long-term growth potential in the waste management and environmental services sector.