Analyzing Cost of Revenue: Waste Management, Inc. vs. ZTO Express

In the ever-evolving landscape of global logistics and waste management, understanding cost efficiency is paramount. Over the past decade, Waste Management, Inc. and ZTO Express (Cayman) Inc. have showcased contrasting trajectories in their cost of revenue. From 2014 to 2023, Waste Management's cost of revenue grew by approximately 40%, reflecting a steady increase in operational expenses. In contrast, ZTO Express experienced a staggering 866% rise, highlighting its rapid expansion in the logistics sector.

Key Insights

• Waste Management, Inc.: The cost of revenue increased from $9 billion in 2014 to $12.6 billion in 2023, indicating a consistent growth pattern.
• ZTO Express (Cayman) Inc.: Starting at $2.8 billion in 2014, the cost of revenue soared to $26.8 billion by 2023, underscoring its aggressive market penetration.

These trends underscore the dynamic nature of these industries, with ZTO Express's growth outpacing Waste Management's by a significant margin.