sector: Industrials ·
industry: Environmental Services ·
As of
24 Nov 2009
33.53USD
Waste Management, Inc. (WMI) is a provider of integrated waste services in North America. Through its subsidiaries the Company provides collection, transfer, recycling, disposal and waste-to-energy services. WMI’s customers include commercial, industrial, municipal and residential customers, other waste management companies, electric utilities and governmental entities. The Company operates in six operating groups, of which four are organized by geographic area and two are organized by function. The geographic groups include WMI’s Eastern, Midwest, Southern and Western Groups, and the two functional groups are its Wheelabrator Group and WM Recycle America (WMRA) Group. The Company also provides additional waste management services that are not managed through its six Groups. These services include in-plant services, methane gas recovery and third-party sub-contracted and administrative services.
BRIEF: For the nine months ended 30 September 2009, Waste Management, Inc.'s revenues decreased 15% to $8.79B. Net income decreased 22% to $679M. Revenues reflect a decrease in income from Collection, decreased income from Landfill and lower income from Transfer Lines of Business. Net income also reflects the presence of restructuring expenses, lower interest income and the presence of expenses from divestitures, assets impairment& Unusual items.
Waste Management, Inc.
1001 Fannin
Suite 4000
Houston 77002
P: +1713.5126200