Waste Management, Inc.
197.53-6.70 (-3.28%)
Oct 29, 4:00:02 PM EDT · NYSE · WM · USD
Key Stats
Market Cap
79.58BP/E (TTM)
31.16Basic EPS (TTM)
6.34Dividend Yield
0.02%Recent Filings
8-K
8-K
WM grants retention RSUs
Waste Management's board approved a one-time $2.1 million retention award of restricted stock units to Senior Vice President and Chief Sustainability Officer Tara J. Hemmer on August 21, 2025, granting on September 2. The RSUs vest 50% after two years and 50% after three, with protections for death, disability, or involuntary termination without cause. This move locks in key sustainability leadership amid growing environmental pressures.
8-K
WM CFO Rankin retires; Reed succeeds
Waste Management's CFO Devina Rankin announced her resignation on August 21, 2025, effective November 1, 2025, or shortly after the Q3 10-Q filing, to pursue education and nonprofit work; she'll advise through March 2026. David Reed, current VP for West Tier operations and former treasurer, succeeds her with a $700,000 base salary and $565,000 in RSUs vesting over three years. This smooth transition bolsters WM's finance leadership amid growth focus. Continuity reigns.
10-Q
Q2 FY2025 results
Waste Management's Q2 FY2025 results showed revenue climbing 19.0% year-over-year to $6.43B, fueled by the Stericycle acquisition and stronger yields in collection and disposal, though residential volumes dipped slightly. Operating income rose 14.1% to $1.15B, with margins dipping to 17.9% amid integration costs and higher depreciation from the deal, yet core segments like East and West Tiers delivered solid gains from pricing and wildfire-driven landfill volumes. Diluted EPS hit $1.80, up from $1.69, aligning with 404.3 million weighted shares and no notable anti-dilution. Cash from operations reached $2.75B year-to-date, yielding $1.29B free cash flow after $1.56B capex, while $24.0B total debt includes $1.5B commercial paper and $3.5B revolver availability; the November 2024 Stericycle close added $3.75B goodwill and $3.47B intangibles amortized over 15 years on average. Regulatory pressures from Superfund sites linger as a key risk.
8-K
WM Q2 earnings surge 19%
Waste Management reported Q2 2025 revenue of $6.43 billion, up 19% year-over-year, fueled by the Stericycle acquisition and 7.1% legacy business growth from 6.4% core pricing. Adjusted operating EBITDA hit $1.92 billion with a 29.9% margin, boosted by double-digit gains in recycling and renewables, while Healthcare Solutions added $110 million. Integration advances, with $11 million in cross-selling synergies secured; the company affirms $7.475-$7.625 billion full-year EBITDA guidance but notes recycled commodity price declines. Cash flow surged over 33%. Risks include integration delays and regulatory hurdles.
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