Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of global waste management, two titans stand out: Waste Management, Inc. and Ferrovial SE. Over the past decade, these companies have showcased contrasting trajectories in their cost of revenue. Waste Management, Inc., a leader in North America, has seen its cost of revenue rise by approximately 40% from 2014 to 2023, reflecting its expanding operations and market dominance. In contrast, Ferrovial SE, a European powerhouse, experienced a more modest fluctuation, with a peak in 2017 and a subsequent stabilization.

Key Insights

• Waste Management, Inc.: From 2014 to 2023, the cost of revenue surged from $9 billion to over $12.6 billion, highlighting its aggressive growth strategy.
• Ferrovial SE: Despite a peak in 2017, the cost of revenue remained relatively stable, indicating a focus on efficiency and consolidation.

These trends underscore the diverse strategies employed by these industry leaders in navigating the challenges of the waste management sector.