Waste Management, Inc.'s Stock Analysis

Waste Management Grants $2.1 Million Retention Award to Executive

Waste Management, Inc. has approved a one-time retention award of restricted stock units valued at $2,100,000 for Ms. Tara J. Hemmer, the Senior Vice President and Chief Sustainability Officer. This award will be granted on September 2, 2025, and the number of restricted stock units will be determined based on the average stock price over the 30 trading days prior to the grant date.

The retention award is part of the Company’s 2023 Stock Incentive Plan and is intended to incentivize key executives. Further details regarding the terms of the restricted stock units are outlined in the associated award agreement, which is referenced in the filing.

Aug 27, 2025 16:24:21

Change in CFO Position at Waste Management Announced

Devina A. Rankin has announced her resignation as Executive Vice President and Chief Financial Officer of Waste Management, effective November 1, 2025. She will remain as an executive advisor until March 2026 to facilitate a smooth transition. Rankin has been with the company for nearly 23 years and has played a significant role in its financial strategy and growth.

David L. Reed has been elected to succeed Rankin as CFO, effective the same date. Reed, who has been with Waste Management for eight years, previously served as Vice President and Treasurer. His annual base salary will be increased to $700,000, and he will also receive a stock award valued at $565,000. The changes come as the company continues to focus on long-term growth and sustainability initiatives.

Aug 22, 2025 16:17:22

Waste Management Reports Q2 2025 Earnings and Cash Flow Growth

Waste Management, Inc. announced its financial results for the second quarter of 2025, reporting a significant increase in net cash provided by operating activities, which rose by more than 33%. The company achieved strong organic revenue growth in its Collection and Disposal business and saw double-digit growth in operating EBITDA across its Recycling Processing, Sales, and Renewable Energy segments. The CEO highlighted the company's operational excellence and customer relationships as key drivers of these results, alongside the integration of the new WM Healthcare Solutions segment.

Additionally, Waste Management released its 2025 Sustainability Report, noting a 22% reduction in greenhouse gas emissions since 2021. The company is confident in meeting its full-year outlook for adjusted operating EBITDA and expects to exceed its free cash flow targets. A conference call is scheduled for July 29, 2025, to discuss these results further, with a live audio webcast available for investors.

Jul 28, 2025 16:33:16

WM to Host Investor Day with Growth Strategies Discussion

WM will hold its Investor Day today at the New York Stock Exchange, starting at 8:30 a.m. EDT. The event aims to provide an in-depth review of the company's long-term vision, growth strategies, and financial objectives, featuring presentations from senior leadership and a question and answer session. CEO Jim Fish emphasized the company's focus on a people-first culture and its commitment to delivering growth and value for shareholders.

WM, previously known as Waste Management, is a leading provider of environmental solutions in North America, offering services such as collection, recycling, and disposal. The company operates the largest disposal network and collection fleet in North America and is a leader in recycling and renewable energy. WM also provides specialized services in healthcare waste management and information destruction across multiple regions.

Jun 24, 2025 07:16:17

WM Appoints John Morris as President, Retains COO Role

WM has appointed John J. Morris, Jr. as President, effective immediately, while he continues to serve as Chief Operating Officer. In his new role, Morris will oversee all field operations and lead the company’s Chief Officers in Sustainability, Customer Experience, and Enterprise Strategy. The appointment reflects the company's commitment to developing future leaders and enhancing shareholder value, according to CEO Jim Fish.

Morris has over 30 years of experience in the industry and has held various leadership positions within WM, including Market Area General Manager and Chief Strategy Officer. He expressed gratitude for the opportunity and emphasized his commitment to advancing WM's strategy and delivering lasting value for customers, shareholders, and communities. WM is recognized as a leading provider of environmental solutions across North America.

May 14, 2025 17:08:52

WM Reports 16.7% Revenue Growth in Q1 2025 Earnings

WM announced its financial results for the first quarter of 2025, reporting a revenue increase of 16.7% and adjusted operating EBITDA growth of 12.2% compared to the same period last year. The company attributes this growth to disciplined revenue strategies, cost optimization, and the performance of its new WM Healthcare Solutions business, which includes medical waste and secure information destruction services. Integration efforts from the Stericycle acquisition are also progressing as planned, contributing to overall business performance.

The company emphasized its focus on operational efficiency and maximizing growth opportunities from acquisitions and sustainability investments. WM's strong performance in the first quarter positions it favorably for continued financial growth throughout 2025. Investors can access further details through a conference call scheduled for April 29, 2025, where additional insights into the quarterly results will be discussed.

Apr 28, 2025 17:11:15

Company Reports $7.45 Billion Operating EBITDA for 2025

The company achieved its best full-year operating EBITDA, driven by growth in its solid waste business and the commissioning of four renewable natural gas facilities in the fourth quarter. The financial outlook for 2025 shows expected revenue growth of 16.4% and adjusted operating EBITDA projected between $7.45 billion and $7.65 billion, indicating a continued focus on optimizing operations and achieving synergies from the integration of Stericycle, estimated at $250 million.

However, the company faces challenges, including potential impacts from commodity price variability, which could affect total operating EBITDA significantly. Additionally, there are concerns related to the integration of Stericycle, as well as regulatory and environmental issues that may pose risks to achieving projected growth and operational efficiency. The company also highlighted increased capital expenditures, which may impact free cash flow despite a projected growth of 17.6%.

Jan 29, 2025 20:55:32

Waste Management Completes $485 Million Exchange Offer for Notes

Waste Management, Inc. successfully completed a merger with Stericycle, Inc., resulting in Stericycle becoming a wholly owned subsidiary. Following the merger, Waste Management executed an exchange offer where eligible holders could exchange $485,416,000 of Stericycle's Senior Notes for new notes and cash. The exchange was completed on November 8, 2024, and the majority of the previously outstanding notes were accepted and subsequently canceled, leaving $14,584,000 still outstanding. The amendments to the indenture governing the notes were also implemented, removing many restrictive covenants.

On the same day, Waste Management issued $485,084,000 in new Senior Notes due 2029, guaranteed by its subsidiary. Additionally, a registration rights agreement was established to facilitate the future exchange of these new notes for registered notes. The agreement includes provisions for additional interest payments if registration requirements are not met by specified deadlines. Overall, while the exchange resulted in significant retirements of debt, the remaining outstanding notes and potential registration defaults could pose future challenges.

Nov 08, 2024 16:15:04

Company Report Submission Under Securities Exchange Act

The company has fulfilled its regulatory obligations by submitting the required report under the Securities Exchange Act of 1934. This action demonstrates compliance with legal requirements for corporate governance and transparency.

However, the press release lacks specific financial metrics or performance indicators that could provide insights into the company's current status or outlook. The absence of detailed information may limit stakeholders' understanding of the company's performance.

Nov 07, 2024 16:51:55

WM Acquires Stericycle for $7.2 Billion in Cash

WM has successfully completed its acquisition of Stericycle, Inc. for a total enterprise value of approximately $7.2 billion, with a purchase price of $62.00 per share. This acquisition is expected to enhance WM's growth strategy and sustainability commitments, providing a complementary business in the medical waste sector and secure information destruction services. The integration of Stericycle is anticipated to yield cost synergies exceeding $125 million, thereby potentially strengthening WM's operating EBITDA and cash flows. The new WM Healthcare Solutions division will focus on these areas to deliver effective solutions while prioritizing community health and safety.

However, the press release also highlights various risks and uncertainties associated with the acquisition and integration process. Potential challenges include the failure to achieve projected cost synergies, legal and regulatory hurdles, and broader economic factors that could impact WM's operational performance. Additionally, the company faces risks related to labor costs, environmental regulations, and competition in the waste management industry, which could affect its overall success and ability to meet its sustainability goals.

Nov 04, 2024 08:59:17