WM 4Q Results–Finishes the Year Strong & Beats on Revenue.

Collection and disposal yield was 2.3% in the fourth quarter of 2020 compared to 3.2% in the fourth quarter of 2019. On the recycling front, sales grew by 28% YOY to $308mm B Cost Management b Total Company operating expenses were 61.5% of revenue in the fourth quarter of 2020 compared to 60.2% in the fourth quarter of 2019. B Profitability b Total Company operating EBITDA was $1.09 billion, or 26.8% of revenue, for the fourth quarter of 2020 compared to $1.05 billion, or 27.3% of revenue, for the fourth quarter of 2019. [Extracted from the article]