WM Q2 2026: Revenue $6.68B, Adj. EPS $2.02, Cash Flow Up 12%

WASTE MANAGEMENT INC

Revenue $6.68B (+4.0% YoY); adjusted diluted EPS $2.02 vs $1.92; adjusted operating EBITDA $2.07B (+5.5%).
Cash from operations $1.73B (+11.6%); free cash flow $1.10B (+34.5%).
Returned $1.04B to shareholders: $659M in buybacks, $379M in dividends.
Full-year guidance: adjusted EBITDA $8.15-8.25B; free cash flow $3.75-3.85B; revenue revised to $26.275-26.475B.
Completed four sustainability growth projects: three RNG facilities and one recycling facility.

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