Waste Management Inc. Q3 2025 Earnings Release

Waste Management, Inc. (WM) announced its financial results for the third quarter of 2025, reporting revenue of $6.443 billion, a 14.9% increase compared to the same period in 2024. The company's net income for the quarter was $603 million, or $1.49 per diluted share. Adjusted operating EBITDA for the quarter was $1.970 billion, representing a 30.6% margin. WM highlighted strong performance in its Collection and Disposal business, which achieved a record operating EBITDA margin of 37.5%. The company also advanced its sustainability investments, completing two new renewable natural gas facilities and two recycling projects. WM reaffirmed its full-year adjusted operating EBITDA guidance of $7.475 to $7.625 billion and free cash flow guidance of $2.8 to $2.9 billion. The company will host a conference call on October 28, 2025, to discuss the results.