---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-008880"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:28:00.954625+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WM Q4 adjusted EPS $1.30 vs $1.26 YoY; guides 2023 EBITDA $5.825-$5.975B

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-008880
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823768/000110465923008880/0001104659-23-008880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465923008880/tm234918d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-008880
- JSON: https://secwatch.observer/filing/0001104659-23-008880.json
- Plain text: https://secwatch.observer/filing/0001104659-23-008880.txt

## Key facts
- Earnings Releases
  WASTE MANAGEMENT INC reported the fiscal year ended December 31, 2022 results: revenue $19,698, net income $2,238, EPS $5.39.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $19,698
  - Net income: $2,238
  - EPS: $5.39
  - Result: reported results
  source text: Revenue $4,935 $4,935 $4,678 $4,678 $19,698 $19,698 $17,931 $17,931 eegl@wm.com Income from Operations $765 $814 $718 $739 $3,365 $3,474 $2,965 $3,033 Media Toni Werner Operating EBITDA (b) $1,310 $1,359 $1,228 $1,249 $5,403 $5,512 $4,964 $5,032 media@wm.com Operating EBITDA Margin 26.5% 27.5% 26.3% 26.7% 27.4% 28.0% 27.7% 28.1% Net Income (c) $499 $537 $506 $528 $2,238 $2,321 $1,816 $2,046 Diluted EPS $1.21 $1.30 $1.20 $1.26 $5.39 $5.59 $4.29 $4.84
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465923008880/0001104659-23-008880-index.htm
- Earnings Releases
  WASTE MANAGEMENT INC reported the fourth quarter ended December 31, 2022 results: revenue $4,935, net income $499, EPS $1.21.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $4,935
  - Net income: $499
  - EPS: $1.21
  - Result: reported results
  source text: Revenue $4,935 $4,935 $4,678 $4,678 $19,698 $19,698 $17,931 $17,931 eegl@wm.com Income from Operations $765 $814 $718 $739 $3,365 $3,474 $2,965 $3,033 Media Toni Werner Operating EBITDA (b) $1,310 $1,359 $1,228 $1,249 $5,403 $5,512 $4,964 $5,032 media@wm.com Operating EBITDA Margin 26.5% 27.5% 26.3% 26.7% 27.4% 28.0% 27.7% 28.1% Net Income (c) $499 $537 $506 $528 $2,238 $2,321 $1,816 $2,046 Diluted EPS $1.21 $1.30 $1.20 $1.26 $5.39 $5.59 $4.29 $4.84
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465923008880/0001104659-23-008880-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.