Waste Management Inc
WM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$247.00 | Qfjx | Kvvdbsqfs |
Waste Management Caps Off Strong 2022 and Guides to Another Strong Year in 2023
Business Strategy and Outlook
Waste industry leader WM enjoys leading market share and unmatched dominance in landfill ownership, which is nearly impossible to replicate given immense regulatory hurdles. This leadership position expanded after the firm's October 2020 acquisition of Advanced Disposal, which had been the fourth-largest publicly traded waste collection and disposal company in the United States.