Waste Management, Inc. and Quanta Services, Inc.: A Detailed Gross Profit Analysis

A Decade of Gross Profit Growth: Waste Management vs. Quanta Services

In the ever-evolving landscape of the waste management and infrastructure sectors, Waste Management, Inc. and Quanta Services, Inc. have emerged as industry leaders. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable growth in gross profit, reflecting their strategic prowess and market adaptability.

Waste Management, Inc. has consistently outperformed, with a gross profit increase of approximately 57% over the period, peaking at $7.82 billion in 2023. This growth underscores the company's robust operational efficiency and expanding market share.

Meanwhile, Quanta Services, Inc. has shown an impressive upward trajectory, with its gross profit more than doubling, reaching nearly $2.94 billion in 2023. This surge highlights Quanta's successful expansion into renewable energy and infrastructure projects.

These trends not only showcase the resilience of these companies but also reflect broader industry shifts towards sustainability and infrastructure development.