Waste Management Service Center, Inc.
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Waste Management Service Center, Inc. - overview
Established
2021
Location
Houston, TX, US
Primary Industry
Power & Utilities
About
Waste Management Service Center, Inc. is a prominent provider of waste management and recycling services in the US, specializing in environmentally responsible solutions for both residential and commercial waste disposal. Founded in 1987, Waste Management Service Center, Inc. was founded by Aleksandr Narizhnyi, Michael J, Nic Byron, Ribhu Vohra, and Zinnia Khajotia.
The company operates its headquarters in Houston, US, and has expanded its services across several regions in North America. The firm's strategy has consistently focused on enhancing sustainability practices within the waste management sector. WM, formerly known as Waste Management, is a leading provider of comprehensive environmental solutions, primarily focused on waste management and recycling services. The company's core offerings include residential and commercial curbside trash collection, recycling pickup, roll-off dumpster rentals, and specialized waste disposal services for construction and bulk waste.
WM employs efficient operational practices to ensure that materials are effectively repurposed, aiming to solve challenges related to waste disposal and environmental sustainability. The end users of these services include households, businesses, and construction firms across various geographical markets, such as urban and suburban areas in the United States and Canada. WM's commitment to sustainability is further emphasized through its educational initiatives, such as Recycling 101, which guides clients on proper recycling practices. In the most recent fiscal year 2024, WM reported a revenue of USD 22.
06 bn and an EBITDA of USD 6. 33 bn. The company's revenue model is structured around a combination of subscription-based services, direct-to-consumer transactions, and B2B partnerships. The company generates revenue primarily through recurring fees from residential and commercial waste collection services, alongside one-time charges for roll-off dumpster rentals and specialized waste disposal.
Clients typically enter into service agreements that outline the frequency and scope of waste collection, contributing to a predictable revenue stream. Additionally, WM offers flagship services such as its Bagster® – Dumpster in a Bag®, which provides a convenient solution for waste disposal. This diversified service portfolio allows WM to cater to a broad range of customers from individual homeowners to large corporate clients, enhancing its market presence in the waste management sector.
Primary Industry
Power & Utilities
Sub Industries
Waste Management, Recycling
Website
www.wm.com
Verticals
Clean Technology
Total Amount Raised
Subscriber access only
Waste Management Service Center, Inc. - timeline of key events
Waste Management Service Center, Inc. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 13,996,000,000 | 12,961,000,000 | 13,609,000,000 | 14,485,000,000 | 14,914,000,000 | 15,455,000,000 | 15,218,000,000 | 17,931,000,000 | 19,698,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | (7.4%) | 5.0% | 6.4% | 3.0% | 3.6% | (1.5%) | 17.8% | 9.9% | - | - | - |
| EBITDA (USD) | 3,591,000,000 | 3,290,000,000 | 3,597,000,000 | 4,012,000,000 | 4,266,000,000 | 4,280,000,000 | 4,105,000,000 | 4,964,000,000 | 5,403,000,000 | - | - | - |
| Operating Income (USD) | 2,299,000,000 | 2,045,000,000 | 2,296,000,000 | 2,636,000,000 | 2,789,000,000 | 2,706,000,000 | 2,434,000,000 | 2,965,000,000 | 3,365,000,000 | - | - | - |
| Operating Margin | 16.4% | 15.8% | 16.9% | 18.2% | 18.7% | 17.5% | 16.0% | 16.5% | 17.1% | - | - | - |
| % EBITDA Margin | 25.7% | 25.4% | 26.4% | 27.7% | 28.6% | 27.7% | 27.0% | 27.7% | 27.4% | - | - | - |
| NET Income (USD) | 1,338,000,000 | 752,000,000 | 1,180,000,000 | 1,949,000,000 | 1,923,000,000 | 1,671,000,000 | 1,496,000,000 | 1,817,000,000 | 2,240,000,000 | - | - | - |
| % Net Margin | 9.6% | 5.8% | 8.7% | 13.5% | 12.9% | 10.8% | 9.8% | 10.1% | 11.4% | - | - | - |
Waste Management Service Center, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Winters Brothers Waste Systems | - | ||||||||
| Add-on | Completed | Certain Assets of Advanced Disposal and Waste Management | - | ||||||||
| Trade Sale | Completed | PetroWaste Environmental LLP | - | ||||||||
| N/A | Completed | Bridge Point Powerline Road | - | ||||||||
| Trade Sale | Completed | Deffenbaugh Industries | - |
Displaying 1 - 5 of 10
Waste Management Service Center, Inc. - employee data
Waste Management Service Center, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman (Non-Executive) of Board Of Directors; Member Board of Directors of Supervalu (NYSE: SVU) | BM |
BM Board Member
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