{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-071187","form_type":"8-K","ticker":"WM","cik":"0000823768","company_name":"WASTE MANAGEMENT INC","filed_at":"2025-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.454968+00:00","generated_at":"2026-05-18T00:41:04.023959+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"WM Q2 2025: revenue +19% to $6.43B, adjusted EPS $1.92, FCF guidance raised $125M","bullets":["Q2 2025 revenue $6.430B (+19% total, +7.1% legacy); GAAP EPS $1.80, adjusted EPS $1.92 vs $1.82 prior year.","Adjusted operating EBITDA $1.923B (29.9% margin); WM Healthcare Solutions contributed $110M. Legacy margin improved 150 bps.","2025 guidance: reaffirms adjusted EBITDA midpoint $7.550B, narrows range. Free cash flow raised to $2.8-$2.9B (up $125M).","Revenue guidance lowered to $25.275-$25.475B due to lower recycled commodity prices and weather; EBITDA margin guidance raised to 29.6%-29.9%.","Sustainability: 22% GHG reduction since 2021; three growth projects started. Cross-selling synergies target $300M by 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-071187","json":"https://secwatch.observer/filing/0001104659-25-071187.json","markdown":"https://secwatch.observer/filing/0001104659-25-071187.md","text":"https://secwatch.observer/filing/0001104659-25-071187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/823768/000110465925071187/0001104659-25-071187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/823768/000110465925071187/tm2521801d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T00:41:04.023959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}