![]() ![]() Its main strategy is to acquire other businesses and implement new and better technologies to improve the efficiency of its operations 3. The company experienced significant growth in the last four decades. The company was established in 1971, and its head office is located in Houston, Texas. is a leading waste management company operating in the U.S. The major influences including consumer spending, economic growth, government regulations, public-private investments, collection and transport networks, consumer behavior, and new technologies. The industry grew by 2.7% in the last five years 2. Current PositionĬurrently, the industry has 2,879 businesses performing different activities. ![]() Moreover, the emphasis on recycling has increased significantly in the last few years as municipal lands do not allow hazardous materials to be disposed of without recycling. Therefore, it could be stated that the main factors of growth include an increase in consumer spending and economic activity, which generates high volumes of waste that have to be managed. The growth of the industry is directly correlated to consumer spending, which is anticipated to accelerate in the coming periods. It has experienced significant growth in the last few decades. The waste management industry is valued at $73 billion per annum. The price competition between companies has made it difficult to earn extra cash for further investment. There are major challenges faced by the industry, including the rapid growth of waste generation that makes it challenging for companies and municipal authorities to manage, collect, and transport to waste management companies. Since then, the government, through private partnerships, have focused on recycling, and these companies recycle almost 20 million tons of waste and garbage every year 1. However, the problem became severe in the 1990s when the country’s landfills refused to accept any additional waste. Mostly, landfills were used to unload millions of tons of garbage collected from different parts of the country. indicates that garbage collection and disposal was very difficult. The history of waste management in the U.S. A brief overview of the industry is provided in the following. The company’s stock traded at higher price multiples, which implied that the capital market’s participants expected the stock price to increase in the coming periods. On the other hand, it is highlighted that the company had strong profitability and effective asset management. The main weaknesses indicated in the analysis were the company’s high debt position and poor liquidity. ![]()
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