earnings
confidence high
sentiment positive
materiality 0.80
WM Q4 adj. EPS $1.70, revenue $5.89B; 2025 adj. EBITDA guidance $7.55B midpoint
WASTE MANAGEMENT INC
2024-FY EPS reported
$6.81
revenue$22,063,000,000
- Full-year 2024 revenue $22.06B (+8%); adjusted operating EBITDA $6.56B (+11%) with 29.7% margin.
- Stericycle acquisition completed Nov. 4; now expects $250M in synergies (double original estimate), with $100M in 2025.
- Board intends to increase annual dividend by $0.30 to $3.30 per share in 2025; share repurchases temporarily suspended.
- 2025 revenue guidance $25.55B-$25.80B; adjusted operating EBITDA $7.45B-$7.65B (15% growth); free cash flow $2.68B-$2.78B.
- Sustainability growth: 7 RNG facilities completed; 2025 renewable energy EBITDA expected $150M-$160M, recycling $120M-$130M.