WM Q1 revenue $4.89B (+5% YoY); adjusted EPS $1.31 vs $1.29 YoY; free cash flow $395M

WASTE MANAGEMENT INC

2023-Q1 EPS reported $1.30 revenue$4,892,000,000

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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WASTE MANAGEMENT INC reported quarter ended March 31, 2023 results: revenue $4,892, net income $533, EPS $1.30.

Period: quarter ended March 31, 2023
Revenue: $4,892
Net income: $533
EPS: $1.30
Result: reported results

Exact text from the filing

except per share amounts) March 31, 2022 (in millions, except per share amounts) 713.265.1656 eegl@wm.com As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $4,892 $4,892 $4,661 $4,661 Media Toni Werner Income from Operations $825 $828 $768 $803 media@wm.com Operating EBITDA (b) $1,330 $1,333 $1,250 $1,285 Operating EBITDA Margin 27.2% 27.2%

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51 earnings releases filed in the last 30 days. Browse all earnings releases →

WASTE MANAGEMENT INC filing history →

Source: SEC EDGAR

accession 0001104659-23-050476

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