Why Invest

We are the leading environmental services provider in North America. We have an empowered team of 43,700 employees dedicated to meeting the needs of our 20 million customers. Our strong balance sheet provides us with strategic flexibility.


Investment Thesis

Industry Leadership

  • Largest and most diverse asset and customer base
  • Unmatched return on invested capital
  • Experienced and committed management team and employees

Strategic Focus

  • Customer-centric culture
  • Pricing discipline
  • Volume growth in our highest return businesses
  • Continuous improvement to reduce costs and expand margins
  • Earnings and free cash flow growth

Financial & Business Profile

  • Recession-resilient revenues
  • Strong and consistent cash flow to fund balanced return of cash to shareholders
  • Strong balance sheet that provides strategic flexibility


Message from our CEO

As the industry leader, we partner with our customers to develop solutions to their ever-changing waste management needs. The critical services that we provide generate recession-resilient revenues that drive strong and consistent cash flow and unmatched return on invested capital. The cash generation capability of our business allows for a healthy balance of investment in the business to continue to provide growth opportunities and cash returned to shareholders.

- James C. Fish Jr.

Ceo message


Strong Financial Performance


($ Billion)

Operating EBITDA*

($ Billion)





*These measures are non-GAAP financial measures that management believes can supplement investors’ understanding of operating results. Please see our latest investor presentation for the discussion of these measures and related reconciliations, including adjustments, to GAAP. Operating EBITDA is defined as income from operations before depreciation and amortization.


North American Footprint

North American Map


Strategic Execution

How we will CompeteFocused Differentiation & Continuous ImprovementOur Unique ResourcesPeople Asset NetworkTechnologyGrowth EngineWhat we will DeliverCustomer Service, Culture, DiversityEPS, Operating EBITDA and FCF GrowthOperating:Financial:

What we will Deliver


Customer Service, Culture, Diversity


EPS, Operating EBITDA and FCF Growth

Our Unique Resources

Disposal Network
Growth Engine

How we will Compete

Focused Differentiation & Continuous Improvement