secwatch.observer — SEC 8-K summary
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Issuer:     WASTE MANAGEMENT INC (WM)
CIK:        0000823768
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001104659-25-102615
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Q3 2025: adj EPS $1.98, rev $6.44B (+14.9%); record C&D margin; reaffirms FY guidance
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- Revenue $6.44B (+14.9%); WM Legacy Business revenue $5.82B (+3.7%).
- Adjusted operating EBITDA $1.97B (+15.2% YoY); margin 30.6%.
- Free cash flow YTD $2.11B (+13.5%); FY 2025 FCF guidance reaffirmed $2.8-2.9B.
- Collection & Disposal adjusted operating EBITDA margin 38.4% (record).
- Four new sustainability projects completed; 10 of 20 planned RNG facilities operational.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/823768/000110465925102615/0001104659-25-102615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/823768/000110465925102615/tm2529298d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-102615

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