---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-051322"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:53:18.448947+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WM Q1 adjusted EBITDA margin expands 240 bps to 29.6%; raises FY outlook by $100M

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-051322
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823768/000110465924051322/0001104659-24-051322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465924051322/tm2412128d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-051322
- JSON: https://secwatch.observer/filing/0001104659-24-051322.json
- Plain text: https://secwatch.observer/filing/0001104659-24-051322.txt

## Key facts
- Earnings Releases
  WASTE MANAGEMENT INC reported the quarter ended March 31, 2024 results: revenue $5,159, net income $708, EPS $1.75.
  - Period: the quarter ended March 31, 2024
  - Revenue: $5,159
  - Net income: $708
  - EPS: $1.75
  - Result: reported results
  source text: Revenue $5,159 $5,159 $4,892 $4,892 Income from Operations $1,016 $1,014 $825 $828 Operating EBITDA (b) $1,530 $1,528 $1,330 $1,333 Operating EBITDA Margin 29.7% 29.6% 27.2% 27.2% Net Income (c) (d) $708 $706 $533 $535 Diluted EPS (d) $1.75 $1.75 $1.30 $1.31
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465924051322/0001104659-24-051322-index.htm
- Earnings Releases
  WASTE MANAGEMENT INC updated its full-year 2024 guidance (raised).
  - Period: full-year 2024
  - Guidance: raised
  - Result: guidance update
  source text: UPDATED 2024 OUTLOOK Current Expectations Original Expectations Revenue 5% - 5.75% Growth from Prior Year 6% - 7% Growth from Prior Year Adjusted Operating EBITDA (a) (b) $6.375 - $6.525 Billion $6.275 - $6.425 Billion Adjusted Operating EBITDA Margin (a) 29.7% - 30.2% 29.0% - 29.4% Free Cash Flow (a) $2.0 - $2.15 Billion $1.9 - $2.05 Billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/823768/000110465924051322/0001104659-24-051322-index.htm

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