The company said adjusted operating EBITDA for Q4 2023 rose 14.7% to $1.56 billion, and adjusted margin expanded 240 basis points to 29.9%.

1. 01

   The company said adjusted operating EBITDA for Q4 2023 rose 14.7% to $1.56 billion, and adjusted margin expanded 240 basis points to 29.9%.

2. 02

   WM said net cash provided by operating activities for 2023 rose 4.0% to $4.72 billion, and free cash flow, including investments in sustainability projects, fell 3.7% to $1.90 billion.

3. 03

   The company expects adjusted operating EBITDA for 2024 to be in the range of $6.275 to $6.425 billion, an increase of about $450 million at the midpoint of the range.

4. 04

   The company said it returned $2.44 billion to shareholders in 2023, consisting of $1.30 billion in share repurchases and $1.14 billion in cash dividends.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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