secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001104659-25-007338
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465925007338/0001104659-25-007338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465925007338/tm254559d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-007338

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