Us was Waste Management’s largest region in fiscal 2025, bringing in $23.91B of $25.20B (95%).
| Geography | FY 2012 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Us | — | $19.60B | $21.11B | $23.91B | |||||||||
| U.S | $18.86B | — | — | — | |||||||||
| United States & Puerto Rico | — | — | — | — | |||||||||
| Canada | $838.00M | $813.00M | $852.00M | $967.00M | |||||||||
| Western Europe & Other | — | $18.00M | $104.00M | $326.00M | |||||||||
| Total | $19.70B | $20.43B | $22.06B | $25.20B |
Waste Management brought in $25.20B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 14.2% from $22.06B in fiscal 2024. Us was the largest at $23.91B (94.9%), ahead of Canada at $967.00M (3.8%) and Western Europe & Other at $326.00M (1.3%).
Compared with fiscal 2024, Canada grew 13.5% to $967.00M and Us grew 13.3% to $23.91B.
Waste Management began breaking out Western Europe & Other in fiscal 2023, when it brought in $18.00M. Waste Management stopped reporting U.S as a separate region after fiscal 2022, when it brought in $18.86B.
Commercial was Waste Management’s largest revenue line in fiscal 2020, bringing in $4.10B of $15.24B (27%).
| Products and Services | FY 2008 | FY 2009 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Collection | — | — | — | — | ||||
| Commercial | $3.71B | $3.97B | $4.23B | $4.10B | ||||
| Landfill | $3.37B | $3.56B | $3.85B | $3.67B | ||||
| Revenues | — | — | — | — | ||||
| Net Operating Revenues | — | — | — | — | ||||
| Industrial | $2.58B | $2.77B | — | — | ||||
| Residential | — | $2.53B | $2.61B | $2.72B | ||||
| Other Revenue | $1.71B | — | $1.76B | $1.78B | ||||
| Transfer | $1.59B | $1.71B | $1.82B | $1.86B | ||||
| Recycling | $1.43B | — | $1.04B | $1.13B | ||||
| Wheelabrator | — | — | — | — | ||||
| Other Collection | — | $450.00M | — | — | ||||
| Intercompany Revenue | — | — | — | — | ||||
| Total | $14.40B | $15.00B | $15.31B | $15.24B |
Waste Management brought in $15.24B from its six revenue lines in fiscal 2020, the year ended December 31, 2020. That was down 0.4% from $15.31B in fiscal 2019. Commercial was the largest at $4.10B (26.9%), ahead of Landfill at $3.67B (24.1%) and Residential at $2.72B (17.8%). The other three revenue lines brought in $4.76B combined.
Compared with fiscal 2019, Recycling grew fastest, up 8.4% to $1.13B, while Landfill fell the most, down 4.7% to $3.67B.
Waste Management began breaking out Residential in fiscal 2018, when it brought in $2.53B. Waste Management stopped reporting Industrial ($2.77B in fiscal 2018) and Other Collection ($450.00M in fiscal 2018) as separate revenue lines.
West Tier was Waste Management’s largest segment in fiscal 2020, bringing in $8.24B of $12.06B (68%).
| Segment | FY 2012 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|---|---|---|---|
| Operating Group Total | $14.49B | $14.91B | -$3.25B | -$3.26B | ||||
| West Tier | — | — | $8.29B | $8.24B | ||||
| East Tier | — | — | $8.10B | $7.87B | ||||
| Other | — | — | $2.20B | $2.36B | ||||
| Solid Waste | — | — | -$3.13B | -$3.16B | ||||
| Total | $14.49B | $14.91B | $12.21B | $12.06B |
Waste Management brought in $12.06B from its five segments in fiscal 2020, the year ended December 31, 2020. That is less than the $15.24B it reports by products and services, so these segments do not cover all of its revenue. West Tier was the largest at $8.24B (68.3%), ahead of East Tier at $7.87B (65.3%) and Other at $2.36B (19.6%).
Compared with fiscal 2019, Other grew fastest, up 7.7% to $2.36B, while East Tier fell the most, down 2.8% to $7.87B.
Waste Management began breaking out West Tier in fiscal 2019, East Tier in fiscal 2019, Other in fiscal 2019 and Solid Waste in fiscal 2019. The total is net of Operating Group Total, which took $3.26B off revenue in fiscal 2020.
Waste Management (WM) reports its revenue by geography, by products and services and by segment. In fiscal 2025, Us was its largest region, bringing in $23.91B (94.9% of the total), followed by Canada at $967.00M (3.8%).
Us was Waste Management's largest region in fiscal 2025, bringing in $23.91B, or 94.9% of the $25.20B total across its three regions.
Commercial was Waste Management's largest revenue line in fiscal 2020, bringing in $4.10B, or 26.9% of the $15.24B total across its six revenue lines.
West Tier was Waste Management's largest segment in fiscal 2020, bringing in $8.24B, or 68.3% of the $12.06B total across its five segments.
Canada grew faster than Us in fiscal 2025, up 13.5% from $852.00M to $967.00M. Us grew 13.3% to $23.91B.
Every figure comes from Waste Management's annual financial filings, as reported. Each line keeps the name Waste Management gives it, and years follow its fiscal calendar.
Waste Management's revenue by geography goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.