secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001104659-24-015422
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/0001104659-24-015422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465924015422/tm245359d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-015422

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer