AI English summary of an SEC filing — figures as filed
Waste Management WMWaste Management said that for the 3 months ended June 30, 2026, revenue was $6,684 million, adjusted operating EBITDA was $2,067 million with an adjusted margin of 30.9%, net income as reported was $785 million, and diluted earnings per share as reported was $1.95.
Key points
AI summaryWaste Management said that for the 3 months ended June 30, 2026, revenue was $6,684 million, adjusted operating EBITDA was $2,067 million with an adjusted margin of 30.9%, net income as reported was $785 million, and diluted earnings per share as reported was $1.95.
The company said that for Q2, net cash provided by operating activities was $1.73 billion compared to $1.55 billion in the prior year period, and free cash flow was $1.10 billion compared to $818 million in the prior year period. It returned $1.04 billion to shareholders, consisting of $659 million in share repurchases and $379 million in cash dividends.
Waste Management said revenue grew 4.0% for Q2, driven by core price of 5.7% and Collection and Disposal yield of 3.6%. Collection and Disposal volume declined 1.8%, which the company cited as primarily due to wildfire cleanup activities that benefited the prior year period.
The company said it maintained its full-year 2026 outlook for adjusted operating EBITDA of $8.15 to $8.25 billion and free cash flow of $3.75 to $3.85 billion. It said revenue outlook was now $26.275 to $26.475 billion, representing a reduction of approximately 0.6% compared to the prior outlook.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q2 Revenue, Adjusted Operating EBITDA and Diluted Earnings Per Share
Waste Management said that for the 3 months ended June 30, 2026, revenue was $6,684 million, adjusted operating EBITDA was $2,067 million with an adjusted margin of 30.9%, net income as reported was $785 million, and diluted earnings per share as reported was $1.95.
Source · Based on the filing body and exhibits
Q2 Operating Cash Flow and Shareholder Returns
The company said that for Q2, net cash provided by operating activities was $1.73 billion compared to $1.55 billion in the prior year period, and free cash flow was $1.10 billion compared to $818 million in the prior year period. It returned $1.04 billion to shareholders, consisting of $659 million in share repurchases and $379 million in cash dividends.
Source · Based on the filing body and exhibits
Revenue Growth Rate and Collection and Disposal Volume Change
Waste Management said revenue grew 4.0% for Q2, driven by core price of 5.7% and Collection and Disposal yield of 3.6%. Collection and Disposal volume declined 1.8%, which the company cited as primarily due to wildfire cleanup activities that benefited the prior year period.
Source · Based on the filing body and exhibits
2026 Full-Year Outlook
The company said it maintained its full-year 2026 outlook for adjusted operating EBITDA of $8.15 to $8.25 billion and free cash flow of $3.75 to $3.85 billion. It said revenue outlook was now $26.275 to $26.475 billion, representing a reduction of approximately 0.6% compared to the prior outlook.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…