---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-015422"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:57:44.827058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WM Q4 revenue up 5.7% to $5.22B, adjusted EPS $1.74, guides 2024 EBITDA $6.275-6.425B

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-015422
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/0001104659-24-015422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/tm245359d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-015422
- JSON: https://secwatch.observer/filing/0001104659-24-015422.json
- Plain text: https://secwatch.observer/filing/0001104659-24-015422.txt

## Key facts
- Earnings Releases
  WASTE MANAGEMENT INC reported the fourth quarter ended December 31, 2023 results: revenue $5,217, net income $493, EPS $1.22.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $5,217
  - Net income: $493
  - EPS: $1.22
  - Result: reported results
  source text: share amounts) (in millions, except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $5,217 $5,217 $4,935 $4,935 $20,426 $20,426 $19,698 $19,698 Income from Operations $785 $1,032 $765 $814 $3,575 $3,828 $3,365 $3,474 Operating EBITDA (b) $1,311 $1,558 $1,310 $1,359
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/0001104659-24-015422-index.htm
- Earnings Releases
  WASTE MANAGEMENT INC reported the full year ended December 31, 2023 results: revenue $20,426, net income $2,304, EPS $5.66. Guidance initiated.
  - Period: the full year ended December 31, 2023
  - Revenue: $20,426
  - Net income: $2,304
  - EPS: $5.66
  - Guidance: initiated
  - Result: reported results
  source text: except per share amounts) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) As Reported As Adjusted (a) Revenue $5,217 $5,217 $4,935 $4,935 $20,426 $20,426 $19,698 $19,698 Income from Operations $785 $1,032 $765 $814 $3,575 $3,828 $3,365 $3,474 Operating EBITDA (b) $1,311 $1,558 $1,310 $1,359 $5,646 $5,899 $5,403 $5,512
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/0001104659-24-015422-index.htm

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