Waste Management said full-year 2024 revenue was $22,063 million, compared with $20,426 million in the prior year, operating EBITDA was $6,330 million with a margin of 28.7%, and adjusted operating EBITDA was $6,563 million with a margin of 29.7%.

1. 01

   Waste Management said full-year 2024 revenue was $22,063 million, compared with $20,426 million in the prior year, operating EBITDA was $6,330 million with a margin of 28.7%, and adjusted operating EBITDA was $6,563 million with a margin of 29.7%.

2. 02

   The company said it completed the acquisition of Stericycle on November 4 for $7.2 billion and will report the medical waste and secure information destruction businesses together as WM Healthcare Solutions. Revenue from that business in Q4 2024 was $403 million.

3. 03

   Waste Management said net cash provided by operating activities in 2024 was $5.39 billion, an increase of 14.2% from the prior year, and free cash flow increased 21.8% to $2.32 billion.

4. 04

   The company said it projects 2025 revenue of $25,550 to $25,800 million and adjusted operating EBITDA of $7,450 to $7,650 million. It also said it now expects synergies from the Stericycle acquisition of $250 million, double its original estimate, and expects to achieve this run-rate in 2027.

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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