secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001104659-24-082358
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Q2 revenue $5.4B (+5.5%), adjusted EBITDA margin 30.0% first time, raises full-year outlook
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- Revenue $5.402B (+5.5% YoY) driven by core price +6.8% and higher recycled commodity values.
- Adjusted operating EBITDA $1.618B (+10.3%); margin 130 bps expansion to 30.0%, a company record.
- Adjusted diluted EPS $1.82 vs $1.51 YoY; net income $680M ($1.69 GAAP EPS).
- Full-year outlook reaffirmed: adjusted operating EBITDA $6.375-6.525B, free cash flow $2.0-2.15B.
- Closed >$750M solid waste acquisitions YTD; Stericycle acquisition progressing through regulatory reviews.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465924082358/0001104659-24-082358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465924082358/tm2420025d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-082358

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