Q3 earnings results for major waste and recycling companies in 2025
Follow the latest results from Casella Waste Systems, Republic Services, WM, Waste Connections, Clean Harbors, GFL, Montrose Environmental and Enviri.
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Enviri’s potential sale of Clean Earth moves forward
By Jacob Wallace • Nov. 10, 2025
The environmental services company is seeing strong interest in its hazardous waste business as it looks to unlock value from the high-performing segment. Read the full article ➔
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Montrose Environmental again raises guidance, noting strong PFAS, water treatment demand
By Megan Quinn • Nov. 7, 2025
Executives said Montrose is still seeing steady demand for services, particularly from the waste and energy industries, as state regulations drive air and water treatment management. Read the full article ➔
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Early EPR tailwinds propel GFL to highest-ever margin
By Jacob Wallace • Nov. 6, 2025
GFL Environmental reported its highest-ever margin for adjusted EBITDA. In addition to volume growth related to EPR, the company is retooling its pricing strategy to better reflect internal inflation. Read the full article ➔
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Casella again raises revenue guidance, notes improvements in mid-Atlantic region
By Megan Quinn • Oct. 31, 2025
Casella increased the lower end of its guidance ranges for revenue and adjusted EBITDA, citing limited commodity exposure. The company says it is also making headway on key New York landfill permits. Read the full article ➔
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Republic Services retools environmental services pricing after segment decline
By Jacob Wallace • Oct. 31, 2025
The company saw better performance in its core recycling and waste business that powered another quarter of overall revenue growth. Read the full article ➔
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Waste volumes, PFAS carry revenues in Clean Harbors’ Q3
By Jacob Wallace • Oct. 30, 2025
The company expects full-year revenue from its business treating per- and polyfluoroalkyl substances to reach more than $100 million. Headwinds in industrial and field services limited Clean Harbors’ financial returns in Q3. Read the full article ➔
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WM healthcare integration affects results in otherwise profitable quarter
By Megan Quinn • Oct. 28, 2025
Strong collection and disposal business helped boost WM in the quarter, but the company faced headwinds in the Healthcare Solutions segment and a $152M impairment charge for the closure of Natura PCR. Read the full article ➔
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Waste Connections reports Florida acquisitions, stable pricing
By Megan Quinn • Oct. 22, 2025
CEO Ron Mittelstaedt noted the company weathered economic headwinds but got a boost from its E&P business and rail improvements meant to help boost the Arrowhead Landfill, which takes about 7,500 tons a day. Read the full article ➔
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