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Refuse Systems SIC 4953
11 companies filing with the SEC under SIC 4953. Median revenue growth +3% year on year in Q3 2026 (middle half +0% to +7%, 6 companies). The growth model expects the industry's combined revenue to grow +7% in Q3 2026. 4 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- BBCP → WM 19% of the supplier's revenue, $74.6M
- MNTK → WM 37% of the supplier's revenue, $65.8M
- MNTK → RSG 22% of the supplier's revenue, $39.2M
- DBHL → U.S. government 91% of the supplier's revenue, $5.6M
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +6.9% | $15.7B | $15.0B – $16.3B |
| Q4 2026 | +8.6% | $15.2B | $14.4B – $15.9B |
| Q1 2027 | +9.4% | $15.8B | $14.9B – $16.6B |
| Q2 2027 | +9.6% | $16.6B | $15.8B – $17.5B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| WM Waste Management | $6.8B | +6% | mature |
| RSG Republic Services | $5.2B | +8% | mature |
| WCN Waste Connections | $2.6B | +7% | mature |
| CWST Casella Waste Systems | $544M | — | expansion |
| NVRI Enviri | $325M | +0.1% | mature |
| QRHC Quest Resource Holding | $63.8M | +0.7% | deceleration |
| VIVK Vivakor | $32.1M | — | reacceleration |
| AWX Avalon Holdings | $24.3M | -6% | contraction |
| RENX RenX Enterprises | $4.3M | — | deceleration |
| DBHL Deep Isolation Nuclear | $1.3M | — | contraction |
| SNRG SusGlobal Energy | $17K | — | transition |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.