---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-007338"
form_type: "8-K"
ticker: "WM"
cik: "0000823768"
company_name: "WASTE MANAGEMENT INC"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T06:11:20.263133+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WM Q4 adj. EPS $1.70, revenue $5.89B; 2025 adj. EBITDA guidance $7.55B midpoint

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-007338
- form_type: 8-K
- ticker: WM
- cik: 0000823768
- company_name: WASTE MANAGEMENT INC
- filed_at: 2025-01-30T23:59:59+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/823768/000110465925007338/0001104659-25-007338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823768/000110465925007338/tm254559d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-007338
- JSON: https://secwatch.observer/filing/0001104659-25-007338.json
- Plain text: https://secwatch.observer/filing/0001104659-25-007338.txt

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