Quarterly ResultApr 28, 2026, 04:48 PM
WM Q1 Revenue $6.23B, EPS $1.79; Cash Flow +24%; Reaffirms Outlook
AI Summary
WM reported strong first quarter 2026 financial results, with revenue increasing 3.5% to $6.23 billion and diluted EPS reaching $1.79. The company saw a significant 24% increase in cash flow from operations to $1.5 billion and nearly doubled free cash flow to $920 million. WM reaffirmed its full-year financial outlook and completed three new recycling facilities, adding substantial processing capacity.
Key Highlights
- Q1 2026 Revenue grew 3.5% to $6.227 billion.
- Q1 2026 Diluted EPS was $1.79, up from $1.58 in prior year.
- Adjusted Operating EBITDA increased 5.9% to $1.853 billion, with margin expanding 70 basis points.
- Net cash from operating activities rose 24% to $1.5 billion.
- Free cash flow nearly doubled to $920 million.
- Collection and Disposal operating EBITDA grew $154 million, with margin expanding 190 basis points.
- Returned $729 million to shareholders via $385 million in dividends and $344 million in share repurchases.
- Completed three new recycling facilities, adding nearly 300,000 tons of processing capacity.