Who Generates Higher Gross Profit? Waste Management, Inc. or Watsco, Inc.

A Decade of Gross Profit: Waste Management, Inc. vs. Watsco, Inc.

In the ever-evolving landscape of American business, Waste Management, Inc. and Watsco, Inc. have emerged as significant players in their respective industries. Over the past decade, Waste Management has consistently outperformed Watsco in terms of gross profit. From 2014 to 2023, Waste Management's gross profit surged by approximately 57%, peaking in 2023. In contrast, Watsco's gross profit grew by about 108% during the same period, showcasing its impressive growth trajectory despite a smaller base.

Waste Management's dominance is evident, with its gross profit consistently being 3 to 5 times higher than that of Watsco. However, Watsco's rapid growth, especially between 2021 and 2022, highlights its potential in the HVAC industry. As we look to the future, these trends offer valuable insights into the strategic directions and market dynamics of these two industry giants.