Waste Management, Inc.'s Stock Analysis

Waste Management Amends Credit Agreement Affecting Financial Metrics

Waste Management, Inc. has amended its revolving credit agreement to modify the definitions of EBIT and EBITDA. The changes allow for the inclusion of equity-based compensation and interest accretion as non-cash items in the leverage ratio financial covenant calculation.

These amendments aim to enhance comparability with industry peers by aligning the treatment of these non-cash items. This adjustment may influence investors' assessment of the company's financial health and leverage ratios.

Mar 25, 2026 16:23:32

CFO Resignation and Transition Bonus Impacting Waste Management

Devina Rankin has resigned from her role as Executive Vice President and Chief Financial Officer of Waste Management, effective November 1, 2025, after 23 years with the company. She will continue to assist as an executive advisor at her previous salary until March 13, 2026, to ensure a smooth transition of her duties.

On March 13, 2026, Ms. Rankin received a cash bonus of $1 million in recognition of her contributions to the company, particularly in facilitating the transition to her successor and integrating the Healthcare Solutions business. This bonus is in addition to her annual cash incentive for 2025.

Mar 13, 2026 16:30:42

Waste Management Grants Performance Shares and Stock Options to Executives

Waste Management, Inc. has granted annual incentive awards to its key executives, including the Chief Executive Officer and Chief Financial Officer, as part of its compensation strategy. The awards, which were issued on March 3, 2026, include performance share units (PSUs) and stock options under the 2023 Stock Incentive Plan, with specific quantities allocated to each executive based on their roles.

In addition to PSUs and stock options, the executives are eligible for annual cash incentive awards linked to performance metrics such as operating EBITDA and revenue growth. The potential payouts for these cash incentives can vary significantly, depending on the achievement of set performance measures, and can be adjusted based on individual performance. To qualify for these cash awards, executives must remain employed by the company through the end of 2026, with provisions for beneficiaries in case of death.

Mar 06, 2026 16:33:35

Waste Management Reports Strong Financial Performance for 2025

Waste Management, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, highlighting record performance in operating expenses as a percentage of revenue. The company reported a more than 12% growth in cash flow from operations and aims to return approximately $3.5 billion to shareholders through dividends and share repurchases in 2026. Investments in technology and automation have contributed to improved margins and cash generation, supporting ongoing growth in their recycling, renewable energy, and healthcare solutions sectors.

Looking ahead, Waste Management expects continued growth driven by strength in the solid waste business and contributions from sustainability investments. The company plans to enhance its renewable energy and recycling capabilities, with goals to complete additional projects in 2026. The anticipated adjusted operating EBITDA for 2027 is projected to approach $1 billion, reflecting the expected benefits from these strategic initiatives.

Jan 28, 2026 17:08:51

Waste Management Announces Blackout Period for Retirement Plan Changes

Waste Management, Inc. will change recordkeepers for its Retirement Savings Plan, effective January 1, 2026. This change will impose a blackout period starting at 4:00 p.m. ET on December 24, 2025, during which participants will be unable to make changes to their contribution rates, direct or diversify their investments, or access loans and withdrawals from the Plan. The blackout period is expected to conclude during the week of January 18, 2026.

During the blackout period, directors and executive officers are prohibited from purchasing, selling, or transferring any equity securities of the Company. This restriction aligns with the Sarbanes-Oxley Act and the Company's Insider Trading Policy, which will be in effect throughout the blackout period. Interested parties may obtain information regarding the blackout period's dates by contacting the Company directly.

Nov 20, 2025 16:38:15

Waste Management Reports Third Quarter 2025 Financial Results

Waste Management, Inc. announced its financial results for the third quarter of 2025, highlighting significant growth in cash flow from operations driven by disciplined growth and cost optimization. The company reported record margins in its Collection and Disposal business and growth in adjusted operating EBITDA across its Recycling Processing and Renewable Energy segments, despite facing commodity price challenges. The CEO emphasized the strength of their operating platform and customer base, along with advancements in sustainability initiatives, including new renewable natural gas facilities and recycling projects.

The company is confident in achieving its full-year earnings and free cash flow guidance, projecting a free cash flow of approximately $3.8 billion for 2026. Waste Management will host a conference call to discuss these results and provide further insights into its financial performance and strategic priorities. Investors can access the call via the company’s investor relations website, where a replay will also be available.

Oct 27, 2025 16:40:02

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