Welcome to our dedicated page for Waste Management news (Ticker: WM), a resource for investors and traders seeking the latest updates and insights on Waste Management stock.
News and investor communications about WM (Waste Management) focus on its role as North America's leading provider of comprehensive environmental solutions and on developments across its solid waste, recycling, renewable energy and healthcare-related businesses. WM regularly issues press releases on quarterly and annual financial results, capital allocation decisions, and sustainability initiatives, giving investors and other stakeholders insight into how the business is performing and evolving.
Visitors to this WM news page can expect updates on earnings announcements, including details on revenue, operating EBITDA, margins and cash flow, as reported in the company’s quarterly results. WM also uses news releases to outline its capital allocation plans, such as dividend declarations, planned dividend increases and share repurchase authorizations, as well as commentary on leverage, free cash flow and investment priorities.
Because WM emphasizes sustainability and environmental solutions, its news often highlights investments in recycling infrastructure, recycling automation projects and renewable natural gas facilities, along with updates on landfill gas-to-electricity projects and its heavy-duty natural gas truck fleet. The company also publishes reports and survey-based research on recycling behaviors and trends, and announces changes in recycling programs, such as expanded acceptance of certain materials in curbside collection.
Additional WM news items may cover developments at WM Healthcare Solutions, integration progress following acquisitions, leadership and executive transitions, and information about investor events and webcasts. For anyone following WM stock (NYSE: WM) or tracking developments in environmental services, this page provides a centralized view of the company’s official announcements and disclosures over time.
Waste Management, Inc. (NYSE: WM) has priced a public offering of
Waste Management (NYSE: WM) has elected Bruce Chinn, the CEO of Chevron Phillips Chemical, to its board of directors effective February 10, 2023. Chinn brings over 40 years of leadership experience, emphasizing operational excellence and a dedication to safety. His appointment enriches the board, which now has 10 members, 9 of whom are independent. Chairman Tom Weidemeyer and CEO Jim Fish expressed confidence in Chinn’s ability to advance WM's circular solutions and renewable energy focus. His role will include participation in the Audit Committee, aiming to enhance operational efficiencies and safety culture.
WM (NYSE: WM) has declared a quarterly cash dividend of $0.70 per share, scheduled for payment on March 24, 2023, to stockholders on record as of March 10, 2023. The company, headquartered in Houston, Texas, is North America's largest waste management provider, offering comprehensive environmental solutions including collection, recycling, and disposal services. WM is committed to sustainability and innovation, operating the largest disposal network and collection fleet in North America.
Waste Management, Inc. (WM) reported robust financial performance for the year ended December 31, 2022, showcasing double-digit growth in income from operations, net income, and diluted EPS. Revenue increased to $19.7 billion, up from $17.9 billion in 2021. Adjusted operating EBITDA reached $5.5 billion, representing 28% of revenue. The company's collection and disposal business notably exceeded expectations, contributing to a 9.5% growth in adjusted operating EBITDA for the year. Looking forward, WM anticipates a revenue growth of 4% to 5.5% for 2023 with a core price increase of 6.5% to 7%. Additionally, a dividend increase of $0.20 per share is planned, marking the 20th consecutive year of dividend growth.
WM (NYSE: WM) will release its fourth quarter and full-year 2022 financial results on February 1, 2023, before the market opens. Following the announcement, an investor conference call will take place at 10 a.m. ET. Investors can access the live audio webcast on the company’s investor relations website. WM is North America's largest waste management solutions provider, focusing on collection, recycling, and disposal services across the U.S. and Canada, emphasizing sustainability and efficiency through a significant natural gas truck fleet and renewable energy initiatives.
WM announced a 7.7% increase in its annual dividend per share, raising it from
WM and Dow have launched a new collaboration to enhance residential recycling for hard-to-recycle plastic films in select U.S. markets. Only 1.9% of U.S. households currently recycle plastic films at curbside. This initiative aims to divert over 120,000 metric tons of plastic film from landfills annually. The program starts in Hickory Hills, Illinois, with plans to expand to more cities. WM will invest over $800 million by 2025 to improve recycling infrastructure, with expectations to reach 8% of U.S. households using film recycling by then.
WM (NYSE: WM) has declared a quarterly cash dividend of
WM reported strong financial results for Q3 2022, with revenue reaching $5.075 billion, up from $4.665 billion in Q3 2021. Income from operations increased to $942 million. Adjusted diluted EPS rose to $1.56, reflecting an 11% increase in adjusted operating EBITDA driven by organic revenue growth and cost management. However, the recycling business faced a 32% decline in commodity prices, impacting overall profitability. Free cash flow decreased to $432 million due to increased sustainability investments and capital expenditures. The company aims to enhance its sustainability investments in the coming years.
WM (NYSE: WM) will release its third quarter 2022 financial results on Wednesday, Oct. 26, 2022, before market opening. An investor conference call is scheduled for 10 a.m. ET the same day. Participants can access the live audio webcast at investors.wm.com. WM is North America's largest waste management provider, offering comprehensive services and pioneering sustainability initiatives through its extensive fleet, including almost 11,000 natural gas trucks. For further details on investor presentations, visit investors.wm.com.