Is Waste Management Stock Underperforming the S&P 500?

With a market cap of $94.3 billion, Waste Management, Inc. (WM) is a leading environmental solutions provider serving residential, commercial, industrial, and municipal customers across the United States, Canada, Western Europe, and select international markets. It also delivers specialized services such as regulated and hazardous waste management, secure information destruction, and sustainability-focused recycling and recovery solutions.

Companies valued at $10 billion or more are generally considered “large-cap” stocks and Waste Management fits this criterion perfectly. The company offers comprehensive waste collection, recycling, landfill, and renewable energy services, including landfill gas-to-energy facilities that generate renewable electricity and natural gas.