Company is focused on enhancing employee engagement, reducing costs through technology and automation, and investing in growth through Recycling Processing and Sales and WM Renewable Energy segments. This strategic focus resulted in increased revenue, income from operations and margin.

Company entered into an agreement to acquire Stericycle for approximately $7.2B, including net debt. The acquisition is expected to expand the Company's comprehensive environmental solutions in the growing healthcare market while advancing the Company's sustainability commitments.

The Company continually evaluates potential acquisitions that provide the opportunity for strategic growth. During the nine months ended September 30, 2024, the company completed solid waste and recycling acquisitions primarily in New York, Florida, North Carolina, and Arizona with total consideration of $780 million.

Management is focused on driving operating efficiencies and reducing discretionary spending. Efficiency gains, improved employee retention, and momentum in truck deliveries positioned the company to reduce operating expenses as a percentage of revenue.

Management is making investments in automation and optimization to enhance operational efficiency and improve labor productivity for all lines of business. In Q3, $781 million was allocated to capital expenditures.

Management is focused on optimizing costs and managing discretionary spending in order to drive continuous improvement in these costs as a percentage of revenue. The increase in selling, general and administrative expenses in the current quarter is entirely attributable to transaction and advisory costs incurred to support the pending acquisition of Stericycle.

The company faces intense competition from governmental, quasi-governmental and private service providers based on pricing, and to a lesser extent, the nature of service offerings, particularly in the residential line of business. Competitor actions can impact the company's strategy to negotiate, renew, or expand service contracts and grow the business.

The company's industry is directly affected by changes in general economic factors, including increases and decreases in consumer spending, business expansions and construction activity. These factors generally correlate to volumes of waste generated and impact revenue. Commodity prices for recyclable materials can also impact financial results.

Service or operational disruptions caused by severe storms, extended periods of inclement weather or climate events can significantly affect the operating results of the geographic areas affected. Extreme weather events may also lead to supply chain disruption and delayed project development, or disruption of customers' businesses.

The company is North America's leading provider of comprehensive environmental solutions, providing services throughout the United States and Canada. The company owns or operates the largest network of landfills throughout the U.S. and Canada.

The company has enabled a people-first, technology-led focus to drive its mission to maximize resource value, while minimizing environmental impact, and sustainability and environmental stewardship is embedded in all that is done. The strategy leverages and sustains the strongest asset network in the industry.

The company believes its industry-leading asset network and strategic focus on investing in people and digital platform will give the company the necessary tools to address the evolving challenges impacting the company and its industry.

Company is focused on permanently reducing costs through the use of technology and automation. Investments in automation and optimization to enhance operational efficiency and improve labor productivity are being made.

Management remains focused on delivering outstanding customer service, managing variable costs with changing volumes and investing in technology that will enhance customers' experience and provide operating efficiencies intended to reduce cost to serve.

Extreme weather events may lead to supply chain disruption and delayed project development, or disruption of customers' businesses, reducing the amount of waste generated by their operations.

The company is investing in automation to improve processes and drive operational efficiency combined with a focus on the cost to serve customers. The company is also evaluating and pursuing emerging diversion technologies that may generate additional value.

The company is focused on its digital platform to seamlessly and digitally connect all enterprise functions required to service customers and provide the best experience.

The company is also evaluating and pursuing emerging diversion technologies that may generate additional value.

Capital expenditures increased to $781 million in Q3 2024. The increase in capital expenditures was planned and is to support the growth of the business and sustainability initiatives.

Share repurchases have been temporarily suspended due to the pending Stericycle acquisition. As of September 30, 2024, the Company has authorization for $1.238B of future share repurchases.

The company paid cash dividends of $301 million in Q3 2024 and $909 million for the nine months ended September 30, 2024. The increase in dividend payments is due to the quarterly per share dividend increasing from $0.70 in 2023 to $0.75 in 2024.

Sustainability and environmental stewardship is embedded in all that the company does. The company has published its 2024 Sustainability Report providing details on its sustainability-related performance and outlining progress towards its 2030 sustainability goals.

The company is expanding its renewable energy projects to meet the evolving needs of its diverse customer base. This includes expanding traditional recycling services and increasing organics collection and processing.

The company is focused on, and regulation of, environmental and sustainability-related disclosures, which could lead to increased costs, risk of non-compliance, brand damage and litigation risk related to its sustainability efforts.

The waste industry is a comparatively mature and stable industry. However, customers increasingly expect more of their waste materials to be recovered and those waste streams are becoming more complex.

Customers increasingly expect more of their waste materials to be recovered and those waste streams are becoming more complex. Many state and local governments mandate diversion, recycling and waste reduction at the source and prohibit the disposal of certain types of waste at landfills.

The company's industry is directly affected by changes in general economic factors, including increases and decreases in consumer spending, business expansions and construction activity. These factors generally correlate to volumes of waste generated and impact revenue.