Highest-materiality recent filing
WM Q1 adj. operating EBITDA +5.9%, cash flow +24%, reaffirms FY outlook
Revenue $6.23B (+3.5% YoY); adjusted EPS $1.81 vs $1.67 prior year.
WM Q4 adj EPS $1.93, FY record margin 30.1%; guides FY2026 FCF ~$3.8B, dividend to $3.78
Q4 revenue $6,313M (+7.1% YoY), adjusted diluted EPS $1.93 vs $1.70 YoY.
WM Q3 2025: adj EPS $1.98, rev $6.44B (+14.9%); record C&D margin; reaffirms FY guidance
Revenue $6.44B (+14.9%); WM Legacy Business revenue $5.82B (+3.7%).
WM CFO Devina Rankin to retire; David Reed named successor as EVP & CFO
Devina Rankin, CFO since 2017, retiring to focus on education and not-for-profit; effective Nov 2025; will remain executive advisor through Mar 2026.
WM Q2 2025: revenue +19% to $6.43B, adjusted EPS $1.92, FCF guidance raised $125M
Q2 2025 revenue $6.430B (+19% total, +7.1% legacy); GAAP EPS $1.80, adjusted EPS $1.92 vs $1.82 prior year.
WM Q1 revenue up 17% to $6.02B; adjusted EPS $1.67 vs $1.75 YoY
Revenue $6,018M (+16.7% YoY); adjusted operating EBITDA $1,715M (+12.2% YoY).
WM Q4 adj. EPS $1.70, revenue $5.89B; 2025 adj. EBITDA guidance $7.55B midpoint
Full-year 2024 revenue $22.06B (+8%); adjusted operating EBITDA $6.56B (+11%) with 29.7% margin.
WM closes $62/share acquisition of Stericycle for ~$7.2B enterprise value
Stericycle shareholders received $62.00 per share in cash; total enterprise value ~$7.2B.
Competition Bureau of Canada approved the merger under the Canadian Competition Act on Oct 30, 2024.
Waste Management prices $5.2B multi-tranche senior notes offering
$5.2B total: $1B 4.500% '28, $700M 4.650% '30, $750M 4.800% '32, $1.5B 4.950% '35, $1.25B 5.350% '54.
WM Q3 2024: adjusted EPS $1.96 vs $1.63 YoY; raises revenue guidance to ~6%
Revenue $5,609M (+7.9% YoY) driven by core price of 6.5%; adjusted operating EBITDA $1,711M, record margin 30.5%.
Waste Management receives Canadian competition information request for Stericycle merger
On Sep 23, 2024, WM and Stericycle received a Supplementary Information Request from Canada's Competition Bureau.
Waste Management clears HSR, UK, Portugal antitrust hurdles for Stericycle acquisition
HSR waiting period expired September 5, 2024; antitrust clearance also from Portugal Competition Authority.
Waste Management enters $7.2B term credit agreement to finance Stericycle acquisition
Up to $7.2B delayed draw term credit facility with JPMorgan as administrative agent; proceeds for pending Stericycle acquisition and refinancing of certain Stericycle debt.
WM Q2 revenue $5.4B (+5.5%), adjusted EBITDA margin 30.0% first time, raises full-year outlook
Revenue $5.402B (+5.5% YoY) driven by core price +6.8% and higher recycled commodity values.
WM to acquire Stericycle for $62/share, ~$7.2B enterprise value
Total enterprise value of ~$7.2B includes $1.4B of Stericycle's net debt; $62/share cash represents 24% premium to 60-day VWAP.
WM acquires Stericycle for $7.2B ($62/share); expects >$125M annual synergies
All-cash deal at $62.00 per share; enterprise value ~$7.2B including $1.4B net debt.
WM Q1 adjusted EBITDA margin expands 240 bps to 29.6%; raises FY outlook by $100M
Revenue $5.16B (+5.5% YoY); reported EPS $1.75; adjusted EPS $1.75.
WM Q4 revenue up 5.7% to $5.22B, adjusted EPS $1.74, guides 2024 EBITDA $6.275-6.425B
Q4 revenue $5,217M, +5.7% YoY; adjusted operating EBITDA $1,558M, +14.7%; record adjusted margin 29.9%.
WM Q3 2023 revenue $5.20B, adj. operating EBITDA $1.54B, margin expands 100bps to 29.6%
Adjusted diluted EPS $1.63 vs $1.56 YoY; net income $664M adjusted.
WM Q2 adj EPS $1.51, revenue $5.12B; FY adj EBITDA guidance trimmed to $5.775-$5.875B
Q2 adj diluted EPS $1.51 vs $1.44 y/y; revenue $5.12B, up 1.8% y/y.
WM Q1 revenue $4.89B (+5% YoY); adjusted EPS $1.31 vs $1.29 YoY; free cash flow $395M
Revenue $4,892M (+5% YoY); reported diluted EPS $1.30, adjusted $1.31; net income $533M vs $513M.
WM targets nearly doubling 2019 adjusted EBITDA and free cash flow by 2027
Virtual Sustainability Investor Day held April 5, 2023; focuses on renewable energy and recycling investments.
WM prices $1.25B of 4.625% senior notes due 2030 and 2033
Priced $750M 4.625% Senior Notes due 2030 and $500M 4.625% Senior Notes due 2033.
WM Q4 adjusted EPS $1.30 vs $1.26 YoY; guides 2023 EBITDA $5.825-$5.975B
Q4 revenue $4.935B vs $4.678B YoY; full-year revenue $19.698B vs $17.931B.
Mr. Rafael E. Carrasco, Senior Vice President, Enterprise Strategy and President, WM Healthcare Solutions of Waste Management, Inc. (the “Company”), provided notice of his decision to retire as of July 17, 2026.
the Company announced that its Board of Directors (the “Board”) has promoted Ms. Tara J. Hemmer to the position of Executive Vice President and Chief Operating Officer, reporting to President John J. Morris, Jr.
Mr. Morris voluntarily resigned from the position of Chief Operating Officer.
On May 14, 2025, Waste Management, Inc. (the “Company”) announced that its Board of Directors (the “Board”) has promoted John J. Morris, Jr. to the position of President, reporting to Chief Executive Officer James C. Fish, Jr.,
Mr. Fish voluntarily resigned from the position of President.
he will not stand for re-election and his term as a director of the Company will expire at the 2024 Annual Meeting
elected Mr. Thomas L. Bené as an additional member of the Board
the Board of Directors (the “Board”) of Waste Management, Inc. (the “Company”) elected Mr. John A. Carroll to succeed Ms. Leslie K. Nagy as Vice President and Chief Accounting Officer.
Mr. Reed is now serving as Vice President, Business Partner – Western Tier Field Operations.
The Board elected Ms. Nagy to succeed Mr. David L. Reed as Vice President and Treasurer.
elected Mr. Bruce E. Chinn as an additional member of the Board, effective as of February 10, 2023
Director Thomas H. Weidemeyer has reached the retirement age set forth in the Company’s Corporate Governance Guidelines; therefore, he will not stand for re-election and his term as a director of the Company will expire at the 2023 Annual Meeting.
Max materiality 0.90 · Median 0.57 · Most common event earnings