Veolia is the largest waste management company in the world based on revenue. The French provider of water, waste, and energy management services reported revenue of over 50 billon U.S. dollars in the financial year ended December 2023. One year prior, Veolia completed the acquisition of Suez, another French waste management company, for 12.9 billion euros.
Which is the largest waste company in the United States?
A number of the world's leading waste management companies are based in the United States, the largest of which is Waste Management Inc, headquartered in Houston, Texas. In 2023, Waste Management's operating revenue was 20.4 billion U.S. dollars, an increase of some 3.7 percent in comparison to the previous year. The company provides its waste services to the United States and Canada.
Waste management technology
Despite the waste industry being perceived as slow moving, investment into digitalizing the waste management industry is expected to grow. The smart waste management market, which uses technologies that typically incorporate Internet of Things (IoT) monitoring tools to make waste management more efficient and sustainable, is expected to grow considerably in the coming years.
Revenue of selected major waste management companies worldwide in FY 2023
(in billion U.S. dollars)
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Figures have been rounded Figures for Veolia, Remondis, Suez, and Renewi have been converted from EUR to USD at a rate of 1 EUR = 1.1038 USD (as of December 31, 2023). Figure for Biffa has been converted from GBP to USD at a rate of 1 GBP = 1.273 USD (as of December 31, 2023). Figure for GFL Environmental has been converted from CAD to USD at a rate of 1 CAD = 0.7547 USD (as of December 31, 2023).
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Statista. (July 11, 2024). Revenue of selected major waste management companies worldwide in FY 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/
Statista. "Revenue of selected major waste management companies worldwide in FY 2023 (in billion U.S. dollars)." Chart. July 11, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/
Statista. (2024). Revenue of selected major waste management companies worldwide in FY 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/
Statista. "Revenue of Selected Major Waste Management Companies Worldwide in Fy 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jul 2024, https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/
Statista, Revenue of selected major waste management companies worldwide in FY 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/ (last visited July 22, 2024)
Revenue of selected major waste management companies worldwide in FY 2023 (in billion U.S. dollars) [Graph], Statista, July 11, 2024. [Online]. Available: https://www.statista.com/statistics/264503/leading-waste-management-companies-in-the-world-based-on-revenue/