{"filings":[{"id":78441,"accession_number":"0001104659-26-060755","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-05-14T13:00:43+00:00","items":["5.07","9.01"],"status":"ready","headline":"Waste Management shareholders approve ESPP share increase, elect directors at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; Victoria Holt received highest oppose count at 17.4M.","Ratification of Ernst & Young as auditor for 2026 approved (321.7M for, 23.1M against).","Advisory say-on-pay vote passed (281.8M for, 18.0M against, 44.3M broker non-votes).","Amendment to Employee Stock Purchase Plan approved, adding 3,000,000 authorized shares.","Meeting turnout: 345.3M shares voted, 85.7% of outstanding common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":51241,"accession_number":"0001104659-26-059860","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-05-13T13:09:10+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM promotes Tara Hemmer to COO; Rafa Carrasco retiring in July","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hemmer promoted to EVP & COO, reporting to President John Morris; she continues overseeing Sustainability businesses.","Hemmer's base salary raised to $850k, target cash incentive 105%, receives RSU grant valued at $575k.","Carrasco, SVP Enterprise Strategy & President WM Healthcare Solutions, retires effective July 17, 2026.","Carrasco led Stericycle acquisition & integration; Healthcare Solutions will now report to President Morris.","Hemmer has 27-year WM tenure, previously Chief Sustainability Officer, led addition of 14 RNG sites and 37 recycling facilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99077,"accession_number":"0001104659-26-050425","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q1 adj. operating EBITDA +5.9%, cash flow +24%, reaffirms FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $6.23B (+3.5% YoY); adjusted EPS $1.81 vs $1.67 prior year.","Adjusted operating EBITDA $1.85B, margin 29.8% (+70 bps); collection & disposal margin +110 bps.","Cash from ops $1.5B (+24%); free cash flow $920M (nearly double prior year $475M).","Returned $729M to shareholders: $385M dividends, $344M buybacks.","Reaffirms full-year financial outlook; completed three recycling facilities adding ~300K tons capacity."],"consensus_eps_estimate":1.7941,"consensus_eps_actual":1.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":6227000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114887,"accession_number":"0001104659-26-034537","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-03-25T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Waste Management Amends Credit Agreement to Adjust EBIT/EBITDA Definitions for Covenant Calculation","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On March 20, 2026, Waste Management entered into Amendment No. 2 to its Seventh Amended and Restated Revolving Credit Agreement.","The amendment modifies EBIT and EBITDA definitions to add back equity-based compensation and interest accretion as non-cash items.","The changes are intended to enhance comparability with industry peers for the leverage ratio covenant under Section 9.","Bank of America acted as Administrative Agent; multiple banks including JPMorgan, Barclays, and Mizuho are parties.","The amendment also involves Waste Management of Canada Corporation, WM Quebec Inc., and Waste Management Holdings as Guarantor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114886,"accession_number":"0001104659-26-027703","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM CFO transition completed; former CFO Rankin receives $1M success bonus","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Former EVP/CFO Devina Rankin resigned Nov 1, 2025, served as executive advisor through March 13, 2026.","Rankin received a $1 million cash transition success bonus for orderly CFO transition to David Reed and Healthcare Solutions integration.","Bonus is in addition to her 2025 annual incentive payout; she released claims against WM.","No other compensation owed beyond unpaid salary and 2025 bonus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114885,"accession_number":"0001104659-26-024739","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-03-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM grants 2026 PSUs, stock options, and cash incentives to top executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Fish receives 49,350 PSUs and 57,034 stock options; COO Morris 16,450 PSUs and 19,011 options.","CFO Reed gets 9,350 PSUs and 10,806 options; Hemmer and Carrasco each receive 7,272 PSUs and 8,405 options.","Stock option exercise price set at $241.55 per share; vesting over 3 years.","PSU performance measures: 50% cash flow generation (target $12.36B), 50% TSR relative to S&P 500.","Cash incentive targets based on operating EBITDA, income from operations margin, and internal revenue growth plus sustainability scorecard."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114884,"accession_number":"0001104659-26-007476","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q4 adj EPS $1.93, FY record margin 30.1%; guides FY2026 FCF ~$3.8B, dividend to $3.78","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $6,313M (+7.1% YoY), adjusted diluted EPS $1.93 vs $1.70 YoY.","FY adjusted operating EBITDA margin 30.1% (first >30%), operating cash flow $6.04B (+12.1%), free cash flow $2.94B (+26.8%).","Healthcare Solutions revenue $2,508M; adjusted EBITDA margin 16.9%, up from 1.0% in 2024.","2026 guidance: revenue $26.4-$26.6B, adjusted operating EBITDA $8.15-$8.25B, free cash flow $3.75-$3.85B (~29% growth).","Board indicates intention to increase annual dividend by $0.48 to $3.78/share; expects ~$2B share repurchases in 2026."],"consensus_eps_estimate":2.0001,"consensus_eps_actual":6.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":25204000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131277,"accession_number":"0001104659-25-114641","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["5.04","9.01"],"status":"ready","headline":"Waste Management imposes blackout period on insider trading due to plan recordkeeper change","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Blackout period from Dec 24, 2025 (4:00 PM ET) to ~week of Jan 18, 2026 for Retirement Savings Plan participants.","Directors and executive officers prohibited from trading WM equity securities during blackout under Sarbanes-Oxley.","Plan recordkeeper change effective Jan 1, 2026; participants cannot change contributions, investments, or get loans/distributions.","Company will be in closed trading window per Insider Trading Policy throughout blackout duration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131276,"accession_number":"0001104659-25-102615","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q3 2025: adj EPS $1.98, rev $6.44B (+14.9%); record C&D margin; reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $6.44B (+14.9%); WM Legacy Business revenue $5.82B (+3.7%).","Adjusted operating EBITDA $1.97B (+15.2% YoY); margin 30.6%.","Free cash flow YTD $2.11B (+13.5%); FY 2025 FCF guidance reaffirmed $2.8-2.9B.","Collection & Disposal adjusted operating EBITDA margin 38.4% (record).","Four new sustainability projects completed; 10 of 20 planned RNG facilities operational."],"consensus_eps_estimate":2.079,"consensus_eps_actual":4.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":18891000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147855,"accession_number":"0001104659-25-084026","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-08-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Waste Management grants $2.1M retention RSU award to SVP/CSO Tara Hemmer","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Award of $2.1M in RSUs to Tara J. Hemmer, SVP and Chief Sustainability Officer, on September 2, 2025.","RSUs vest 50% on second anniversary of grant, 50% on third anniversary; each converts to one share of WM common stock.","Dividend equivalents accrue and are paid in cash upon vesting.","Ms. Hemmer is not retirement-eligible until reaching age 55 in October 2027.","Award granted under Waste Management's 2023 Stock Incentive Plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147854,"accession_number":"0001104659-25-081894","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-08-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM CFO Devina Rankin to retire; David Reed named successor as EVP & CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Devina Rankin, CFO since 2017, retiring to focus on education and not-for-profit; effective Nov 2025; will remain executive advisor through Mar 2026.","David Reed, current VP & Business Partner for West Tier, elected EVP & CFO effective Nov 2025; previously VP Treasurer (2017-2022).","Reed's compensation: base salary $700,000, target cash incentive 100% of base, RSU award valued at $565,000 vesting over three years.","Reed brings experience in investment banking, corporate finance, treasury, and operations enablement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147853,"accession_number":"0001104659-25-071187","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q2 2025: revenue +19% to $6.43B, adjusted EPS $1.92, FCF guidance raised $125M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2025 revenue $6.430B (+19% total, +7.1% legacy); GAAP EPS $1.80, adjusted EPS $1.92 vs $1.82 prior year.","Adjusted operating EBITDA $1.923B (29.9% margin); WM Healthcare Solutions contributed $110M. Legacy margin improved 150 bps.","2025 guidance: reaffirms adjusted EBITDA midpoint $7.550B, narrows range. Free cash flow raised to $2.8-$2.9B (up $125M).","Revenue guidance lowered to $25.275-$25.475B due to lower recycled commodity prices and weather; EBITDA margin guidance raised to 29.6%-29.9%.","Sustainability: 22% GHG reduction since 2021; three growth projects started. Cross-selling synergies target $300M by 2027."],"consensus_eps_estimate":1.9525,"consensus_eps_actual":3.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":12448000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166570,"accession_number":"0001104659-25-061923","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-06-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WM holds 2025 Investor Day; no specific financial targets disclosed in furnished materials","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor Day held June 24, 2025 at NYSE; presentations from senior leadership.","CEO Jim Fish emphasized people-first culture and long-term growth engine.","Press release and slide deck furnished as exhibits; no new quantitative guidance provided.","Event included Q&A; replay available on investor relations website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166569,"accession_number":"0001104659-25-048609","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"WM shareholders elect nine directors, ratify EY as auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected (e.g., Thomas L. Bené: 297.5M for, 1.9M against).","Ratification of Ernst & Young as auditor for FY2025: 321.4M for, 22.4M against, 0.6M abstain.","Advisory vote on exec compensation approved: 281.6M for, 16.8M against, 1.4M abstain; 44.6M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166568,"accession_number":"0001104659-25-048604","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM promotes John Morris to President; Fish resigns President role but stays CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John J. Morris promoted to President, retains COO role; reports to CEO Jim Fish.","Morris's base salary increased to $1M; target annual cash incentive 125% of base.","Awarded RSUs valued at $1.05M with three-year graded vesting (34%/33%/33%).","Morris has over 30 years in the industry; previously EVP and COO since 2019."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166567,"accession_number":"0001104659-25-040282","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q1 revenue up 17% to $6.02B; adjusted EPS $1.67 vs $1.75 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $6,018M (+16.7% YoY); adjusted operating EBITDA $1,715M (+12.2% YoY).","GAAP diluted EPS $1.58; adjusted diluted EPS $1.67 (prior year $1.75).","WM Healthcare Solutions (Stericycle) contributed $95M adjusted EBITDA; on track for $80-100M synergies.","WM Legacy Business adjusted EBITDA margin 30% for fourth consecutive quarter.","Free cash flow $475M; $128M invested in sustainability growth projects in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":6018000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183980,"accession_number":"0001104659-25-019125","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Waste Management grants 2025 LTI awards to NEOs; CEO Fish receives 43,636 PSUs, 50,580 options","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["CEO Fish: 43,636 PSUs (50% cash flow gen, 50% relative TSR) and 50,580 stock options at $231.195.","Other NEOs: Morris 11,272 PSUs/13,066 options; Rankin 9,818/11,380; Hemmer 7,636/8,851; Carrasco 7,636/8,851.","PSU performance period Jan 1, 2025–Dec 31, 2027; cash flow generation target $9.89B, threshold $9.14B, max $10.64B.","2025 annual cash incentive based on operating EBITDA, income margin, internal revenue growth; payout 0-200% of target.","Options vest 34%/33%/33% over 3 years; all grants awarded Feb 25, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183979,"accession_number":"0001104659-25-007338","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q4 adj. EPS $1.70, revenue $5.89B; 2025 adj. EBITDA guidance $7.55B midpoint","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2024 revenue $22.06B (+8%); adjusted operating EBITDA $6.56B (+11%) with 29.7% margin.","Stericycle acquisition completed Nov. 4; now expects $250M in synergies (double original estimate), with $100M in 2025.","Board intends to increase annual dividend by $0.30 to $3.30 per share in 2025; share repurchases temporarily suspended.","2025 revenue guidance $25.55B-$25.80B; adjusted operating EBITDA $7.45B-$7.65B (15% growth); free cash flow $2.68B-$2.78B.","Sustainability growth: 7 RNG facilities completed; 2025 renewable energy EBITDA expected $150M-$160M, recycling $120M-$130M."],"consensus_eps_estimate":null,"consensus_eps_actual":6.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":22063000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200589,"accession_number":"0001104659-24-115866","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-11-08T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Waste Management completes $485.4M exchange of Stericycle Notes for new WM Notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchanged $485.4M of Stericycle 3.875% Senior Notes due 2029 for $485.1M of WM 3.875% Senior Notes due 2029 and cash.","$14.6M of Stericycle Notes remain outstanding; restrictive covenants eliminated via consent solicitation.","Registration Rights Agreement requires WM to file exchange offer or shelf; 0.25% additional interest if not completed by Nov 9, 2025.","WM Notes are senior unsecured and guaranteed by Waste Management Holdings, Inc.","Exchange is part of Stericycle merger completed on November 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200588,"accession_number":"0001104659-24-115364","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["1.02","1.01"],"status":"ready","headline":"Waste Management terminates $5.2B credit facility after senior notes issuance","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Repaid $5.2B borrowings under delayed draw Term Credit Agreement on Nov 5, 2024.","Credit agreement dated Aug 28, 2024 was used to fund Stericycle acquisition that closed Nov 4.","Repayment funded by proceeds from $5.2B senior notes issuance also closed Nov 4.","Credit agreement terminated concurrently with repayment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200587,"accession_number":"0001104659-24-113690","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.01","7.01","8.01","9.01"],"status":"ready","headline":"WM closes $62/share acquisition of Stericycle for ~$7.2B enterprise value","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Stericycle shareholders received $62.00 per share in cash; total enterprise value ~$7.2B.","Acquisition funded via delayed draw term loan, commercial paper, and cash on hand; includes $0.5B debt assumption.","WM expects run-rate cost synergies exceeding $125 million from the Stericycle deal.","Stericycle common stock ceased trading on NASDAQ as of November 4, 2024.","Exchange offer for Stericycle's 3.875% senior notes due 2029 expires Nov 5, settlement expected Nov 8."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200586,"accession_number":"0001104659-24-113361","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-11-01T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Waste Management receives Canadian antitrust clearance for Stericycle acquisition; closing expected Nov 4","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Competition Bureau of Canada approved the merger under the Canadian Competition Act on Oct 30, 2024.","All antitrust and foreign direct investment conditions to closing are now satisfied.","Remaining conditions subject to satisfaction; closing expected on November 4, 2024.","Merger agreement announced June 3, 2024; Stericycle to become indirect wholly-owned subsidiary of WM."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200585,"accession_number":"0001104659-24-113072","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Waste Management prices $5.2B multi-tranche senior notes offering","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$5.2B total: $1B 4.500% '28, $700M 4.650% '30, $750M 4.800% '32, $1.5B 4.950% '35, $1.25B 5.350% '54.","Closing expected Nov 4, 2024; WM Holdings provides full unconditional guarantee.","Proceeds to repay outstanding borrowings under term credit agreement and commercial paper program.","Underwriters: J.P. Morgan, Barclays, Deutsche Bank, Goldman Sachs, Mizuho, Scotia Capital.","Certain underwriters or affiliates may receive 5%+ of net proceeds from repayment of existing credit facilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200584,"accession_number":"0001104659-24-111884","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q3 2024: adjusted EPS $1.96 vs $1.63 YoY; raises revenue guidance to ~6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5,609M (+7.9% YoY) driven by core price of 6.5%; adjusted operating EBITDA $1,711M, record margin 30.5%.","Diluted EPS reported $1.88, adjusted $1.96 (vs $1.63 YoY); net income $760M.","Full-year revenue guidance raised to ~6% (above prior 5.75%); expects adjusted EBITDA near $6.5B (upper end).","Free cash flow on track for $2.15B (high end); capex $3.15-3.25B with ~$950M for sustainability growth.","Stericycle acquisition expected to close in Q4 2024; integration planning progressing."],"consensus_eps_estimate":null,"consensus_eps_actual":5.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":16170000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216596,"accession_number":"0001104659-24-102483","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Waste Management receives Canadian competition information request for Stericycle merger","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["On Sep 23, 2024, WM and Stericycle received a Supplementary Information Request from Canada's Competition Bureau.","The SIR extends the Canadian waiting period to 30 days after both parties respond to the request.","Hart-Scott-Rodino waiting period expired; clearances obtained from Portugal, UK, and Spain.","Stericycle stockholders approved the merger on Aug 14, 2024; closing expected in Q4 2024.","Merger remains subject to Canadian Competition Act clearance and other customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216595,"accession_number":"0001104659-24-098609","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-09-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"WM launches exchange offer for Stericycle's $500M 3.875% Notes due 2029, part of pending merger","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["WM offers to exchange any and all of $500M aggregate principal of Stericycle's 3.875% Senior Notes due 2029 for new WM Notes.","Early tender by Sept 23, 2024, yields $1,000 WM Notes per $1,000 SRCL Notes plus cash consideration of $2.50–$5.00.","Late tenders (after Sept 23 to Oct 8) receive $970 WM Notes per $1,000 SRCL Notes, no cash consideration.","Consent solicitation seeks majority consent to eliminate restrictive covenants; exchange conditioned on merger consummation.","WM Notes carry same interest rate, maturity, and payment dates as SRCL Notes but differ in redemption provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216594,"accession_number":"0001104659-24-097567","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-09-06T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Waste Management clears HSR, UK, Portugal antitrust hurdles for Stericycle acquisition","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["HSR waiting period expired September 5, 2024; antitrust clearance also from Portugal Competition Authority.","UK CMA has no further questions; UK Investment Security Unit approved foreign investment.","Stericycle stockholders voted to approve merger on August 14, 2024.","Closing expected in Q4 2024, subject to Canadian, Spanish antitrust and Spanish foreign investment clearances."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216593,"accession_number":"0001104659-24-096357","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-09-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Waste Management enters $7.2B term credit agreement to finance Stericycle acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Up to $7.2B delayed draw term credit facility with JPMorgan as administrative agent; proceeds for pending Stericycle acquisition and refinancing of certain Stericycle debt.","364-day maturity from Funding Date; interest at SOFR plus margin tied to WM's debt rating, currently 0.90% for Term SOFR loans.","Financial covenant: max total debt/EBITDA ratio of 3.75:1, can increase to 4.25:1 for up to two periods after acquisitions >$200M.","Ticking fee of 0.065%–0.10% p.a. on undrawn commitments; additional extension and duration fees.","Commitments automatically terminate if Acquisition Agreement is terminated; WM may reduce or terminate commitments at any time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216592,"accession_number":"0001104659-24-082358","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-07-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WM Q2 revenue $5.4B (+5.5%), adjusted EBITDA margin 30.0% first time, raises full-year outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.402B (+5.5% YoY) driven by core price +6.8% and higher recycled commodity values.","Adjusted operating EBITDA $1.618B (+10.3%); margin 130 bps expansion to 30.0%, a company record.","Adjusted diluted EPS $1.82 vs $1.51 YoY; net income $680M ($1.69 GAAP EPS).","Full-year outlook reaffirmed: adjusted operating EBITDA $6.375-6.525B, free cash flow $2.0-2.15B.","Closed >$750M solid waste acquisitions YTD; Stericycle acquisition progressing through regulatory reviews."],"consensus_eps_estimate":null,"consensus_eps_actual":3.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":10561000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236257,"accession_number":"0001104659-24-074797","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Waste Management prices $1.5B senior notes offering at 4.950%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $750M 4.950% Senior Notes due 2027 and $750M 4.950% Senior Notes due 2031.","Notes are fully guaranteed by wholly-owned subsidiary Waste Management Holdings, Inc.","Proceeds expected to repay outstanding commercial paper; closing July 3, 2024.","Underwriters include BNP Paribas, SMBC Nikko, Truist, and Wells Fargo Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236256,"accession_number":"0001104659-24-068410","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"WM acquires Stericycle for $7.2B ($62/share); expects >$125M annual synergies","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-cash deal at $62.00 per share; enterprise value ~$7.2B including $1.4B net debt.","24% premium to Stericycle's 60-day VWAP as of May 23, 2024, prior to sale speculation.","Expected annual run-rate synergies >$125M from WM's logistics, technology, and disposal network.","Accretive to WM's earnings and cash flow within one year; target leverage 2.75-3.0x 18 months post-close.","Boards unanimously approved; anticipated close in Q4 2024, subject to regulatory and shareholder approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236252,"accession_number":"0001104659-24-068691","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K/A","filed_at":"2024-06-05T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"WM to acquire Stericycle for $62/share, ~$7.2B enterprise value","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Total enterprise value of ~$7.2B includes $1.4B of Stericycle's net debt; $62/share cash represents 24% premium to 60-day VWAP.","Expected annual run-rate synergies >$125M driven by logistics, tech optimization, and disposal network.","Transaction accretive to WM earnings and cash flow within 1 year; leverage target 2.75x-3.0x net debt/EBITDA within 18 months.","Closing expected as early as Q4 2024, subject to regulatory approvals and Stericycle stockholder vote.","Termination fees: Stericycle pays $175M in certain circumstances; WM pays $262.5M if regulatory conditions not met."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236255,"accession_number":"0001104659-24-063047","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-05-17T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Waste Management shareholders approve officer exculpation amendment; elect directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Charter amendment to limit officer liability for breach of duty of care approved by 266M votes (88.3% of votes cast).","All nine director nominees elected; average votes for ~295M, against ~4.7M per nominee.","Ratification of Ernst & Young as auditor for 2024: 327.5M for, 16.5M against.","Advisory vote on executive compensation passed with 279.7M for, 21.6M against.","Certificate of Amendment filed with Delaware Secretary of State effective May 14, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236254,"accession_number":"0001104659-24-059949","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Waste Management amends credit facility to $3.5B, extends maturity to 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total commitment remains $3.5B with a $1B accordion feature; maturity extended to May 8, 2029.","Two one-year extension options available; no borrowings outstanding at closing.","$872M in commercial paper borrowings supported by the facility; $2.4B unused capacity.","Financial covenant: max total debt/EBITDA ratio of 3.75:1, rising to 4.25:1 for up to 3 quarters after large acquisitions.","Facility also includes a $100M swing line sub-facility and permits up to $375M in Canadian-dollar borrowings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236253,"accession_number":"0001104659-24-051322","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q1 adjusted EBITDA margin expands 240 bps to 29.6%; raises FY outlook by $100M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $5.16B (+5.5% YoY); reported EPS $1.75; adjusted EPS $1.75.","Adjusted operating EBITDA $1.53B, +14.6% YoY; margin 29.6% (up from 27.2%).","Collection & Disposal yield +5.1%; volume -0.1% (+0.3% workday adjusted).","New FY24 guidance: adj. EBITDA $6.375-6.525B, margin 29.7-30.2%, FCF $2.0-2.15B.","Returned $557M to shareholders in Q1: $250M buybacks and $307M dividends."],"consensus_eps_estimate":null,"consensus_eps_actual":1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":5159000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253940,"accession_number":"0001104659-24-031504","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-03-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Waste Management grants 2024 long-term incentive awards to top executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Fish receives 40,206 PSUs and 45,349 stock options at $204.76 strike.","PSUs split 50% cash-flow (threshold $7.05B, target $7.65B, max $8.25B) and 50% relative TSR (25th/50th/75th percentile vs S&P 500).","COO Morris gets 12,164 PSUs and 13,721 options; CFO Rankin 9,484 PSUs and 10,698 options; CSO Hemmer 8,248 PSUs and 9,302 options.","Annual cash incentives tied to EBITDA, margin, and revenue growth, with sustainability scorecard (up to ±10%) and discretion (up to ±25%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253939,"accession_number":"0001104659-24-030004","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM elects Tom Bené to board; director John C. Pope to retire at 2024 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tom Bené, president and CEO of Breakthru Beverage Group, elected as independent director effective March 1, 2024.","Board expands to 10 members (9 independent); will reduce to 9 after Pope's term expires.","John C. Pope reaches retirement age and will not stand for re-election at 2024 annual meeting.","Bené appointed to Management Development & Compensation Committee; receives pro-rated stock award of ~$67,770 and cash of $45,180.","Bené brings four decades of experience from Sysco, PepsiCo, and current role at Breakthru Beverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253938,"accession_number":"0001104659-24-015422","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q4 revenue up 5.7% to $5.22B, adjusted EPS $1.74, guides 2024 EBITDA $6.275-6.425B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $5,217M, +5.7% YoY; adjusted operating EBITDA $1,558M, +14.7%; record adjusted margin 29.9%.","Full-year 2023 adjusted EPS $6.19 vs $5.59 prior; revenue $20,426M; operating cash flow $4.72B.","2024 guidance: revenue growth 6-7%, adj EBITDA $6.275-6.425B, adj margin 29.0-29.4%.","Board intends to raise annual dividend $0.20 to $3.00 per share; $1.5B share repurchase authorization refreshed.","Sustainability growth investments $2.8-2.9B through 2026 targeting ~$800M incremental run-rate adjusted EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":5.66,"consensus_revenue_estimate":null,"consensus_revenue_actual":20426000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271403,"accession_number":"0001104659-23-115047","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Waste Management amends by-laws to update stockholder proposal and nomination procedures","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amends Sections 2.13 and 2.14 to require additional disclosures about affiliates and associates of proposing stockholders.","Stockholders soliciting proxies must use a proxy card color other than white.","Updates by-laws to align with recent Delaware General Corporation Law changes and clarify voting standards for separate class votes.","Makes gender-neutral and other ministerial revisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271402,"accession_number":"0001104659-23-111131","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-10-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q3 2023 revenue $5.20B, adj. operating EBITDA $1.54B, margin expands 100bps to 29.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted diluted EPS $1.63 vs $1.56 YoY; net income $664M adjusted.","Adjusted operating EBITDA margin 29.6%, up from 28.6% YoY, driven by 100bps core price above cost inflation.","Free cash flow $612M, up from $432M; returned $653M to shareholders via dividends and buybacks.","Sustainability growth capex guided at ~$750M for 2023; FY free cash flow expected $1.825-1.925B.","Collection and disposal volumes up 0.7% on workday-adjusted basis; operating expense ratio improved to 61.3%."],"consensus_eps_estimate":null,"consensus_eps_actual":4.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":15209000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288263,"accession_number":"0001104659-23-089111","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["1.02","1.01"],"status":"ready","headline":"Waste Management prepays $1.0B term loan using senior note proceeds","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Prepaid in full all borrowings + accrued interest under $1.0B term loan dated May 27, 2022.","Payment funded by proceeds from senior notes issuance that closed August 3, 2023.","Term loan was originally reported in June 2022 8-K; this terminates that agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288262,"accession_number":"0001104659-23-086363","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-08-01T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Waste Management prices $2B in 4.875% senior notes with two maturities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$750M of 4.875% notes due 2029 and $1.25B of 4.875% notes due 2034 priced.","Notes fully and unconditionally guaranteed by subsidiary Waste Management Holdings.","Closing expected August 3, 2023, subject to customary conditions.","Underwriters include Barclays, BofA Securities, Deutsche Bank, Goldman Sachs, and Scotia."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288261,"accession_number":"0001104659-23-083891","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-07-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q2 adj EPS $1.51, revenue $5.12B; FY adj EBITDA guidance trimmed to $5.775-$5.875B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 adj diluted EPS $1.51 vs $1.44 y/y; revenue $5.12B, up 1.8% y/y.","Adj operating EBITDA margin 28.7% (+60 bps y/y) on disciplined pricing and cost optimization.","FY 2023 adj EBITDA guidance reduced to $5.775-$5.875B (down ~$75M midpoint); revenue growth lowered to 3.25%-4.25%.","Recycling EBITDA down $41M and renewable energy down $22M y/y due to commodity price declines.","Free cash flow guidance raised to $1.675-$1.775B (up $175M midpoint) on lower sustainability capex timing."],"consensus_eps_estimate":null,"consensus_eps_actual":2.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":10011000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308724,"accession_number":"0001104659-23-058503","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Waste Management shareholders approve 2023 Stock Incentive Plan and re-elect all directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved 2023 Stock Incentive Plan, effective May 9, 2023; no new shares authorized.","15,160,725 shares previously approved under 2014 Plan will be reserved for 2023 Plan awards.","All nine director nominees elected, including CEO James C. Fish, Jr. with 305M votes for.","Ernst & Young ratified as independent auditor for FY2023 with 334M votes for.","Advisory vote on executive compensation approved; future say-on-pay votes to be held annually."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308723,"accession_number":"0001104659-23-050476","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"WM Q1 revenue $4.89B (+5% YoY); adjusted EPS $1.31 vs $1.29 YoY; free cash flow $395M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $4,892M (+5% YoY); reported diluted EPS $1.30, adjusted $1.31; net income $533M vs $513M.","Organic revenue growth 7.0% in collection & disposal; core price 7.4%; total volumes up 1.2% (0.9% workday adj).","Operating expenses margin 63.1% (+80 bps YoY) on wage inflation, repair costs, and acquisitions; SG&A improved to 9.7%.","Free cash flow $395M (down from $845M) on higher sustainability growth capex and vehicle delivery timing.","Returned $639M to shareholders: $350M buybacks and $289M dividends during Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":4892000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308722,"accession_number":"0001104659-23-041897","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-04-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"WM targets nearly doubling 2019 adjusted EBITDA and free cash flow by 2027","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Virtual Sustainability Investor Day held April 5, 2023; 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grants PSUs and stock options to executives","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Carroll elected VP and CAO, succeeding Leslie Nagy who becomes VP and Treasurer; Reed moves to field operations.","Carroll's annual base salary increased to $330,400; no other compensatory modifications.","PSUs to CEO Fish (51,316), COO Morris (14,210), CFO Rankin (12,106) with 0-200% payout based on cash flow & TSR through 2025.","Stock options to same executives: Fish 59,415, Morris 16,453, Rankin 14,016; exercise price $150.115, vest 3yr, term 10yr."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327496,"accession_number":"0001104659-23-019722","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-02-13T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"WM prices $1.25B of 4.625% senior notes due 2030 and 2033","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $750M 4.625% Senior Notes due 2030 and $500M 4.625% Senior Notes due 2033.","Closing expected February 15, 2023, subject to customary conditions.","Notes fully and unconditionally guaranteed by subsidiary Waste Management Holdings, Inc.","Underwriters include J.P. Morgan, Mizuho, SMBC Nikko, Wells Fargo; some also serve as lenders under WM's $3.5B revolver."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327495,"accession_number":"0001104659-23-011281","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"WM adds Bruce Chinn to Board; Director Weidemeyer to retire at 2023 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bruce Chinn elected as additional director effective Feb 10, 2023; appointed to Audit Committee.","Chinn is President & CEO of Chevron Phillips Chemical Company LLC.","Compensation for current six-month period: stock award of $70,200 and cash of $46,800.","Chairman Thomas Weidemeyer will not stand for re-election; Board to reduce from 10 to 9 members."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327494,"accession_number":"0001104659-23-008880","cik":823768,"company_name":"WASTE MANAGEMENT INC","ticker":"WM","form_type":"8-K","filed_at":"2023-02-01T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"WM Q4 adjusted EPS $1.30 vs $1.26 YoY; guides 2023 EBITDA $5.825-$5.975B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $4.935B vs $4.678B YoY; full-year revenue $19.698B vs $17.931B.","Full-year adjusted operating EBITDA $5.512B, up 9.5% YoY; adjusted EPS $5.59 vs $4.84.","2023 guidance: adjusted EBITDA $5.825-$5.975B, revenue growth 4%-5.5%, core price 6.5%-7%.","Board intends to raise annual dividend by $0.20 to $2.80/share, 20th consecutive increase.","Plans $980M for recycling and renewable energy capex; $125M for plastic film recycling."],"consensus_eps_estimate":null,"consensus_eps_actual":5.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":19698000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":89286350000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-02-01T23:59:59+00:00|327494"}