Oct 27, 4:38 PM ET
Waste Management reported its third quarter 2026 financial results, posting revenue of $6.85 billion and net income of $820 million, or $2.05 per diluted share. The company returned $957 million to shareholders during the quarter through share repurchases and cash dividends, and affirmed its full-year 2026 financial guidance.
- Total company revenue grew 6.3% to $6.85 billion for the third quarter of 2026.
- Net cash provided by operating activities reached $4.87 billion for the first nine months of the year.
- The company returned $957 million to shareholders during the third quarter, consisting of $580 million in share repurchases and $377 million in cash dividends.
- WM expects full-year 2026 revenue to be at the high end of its guidance range of $26.275 to $26.475 billion.
Read the filing on SEC.gov ↗
Aug 26, 8:37 AM ET
WM said CEO Jim Fish will retire as chief executive and resign from the board effective January 4, 2027, and will serve in an advisory role until mid-February 2027. The board named President John Morris, Jr. to succeed him as President and CEO and as a director on the same date, which matters to shareholders as a planned leadership transition to an internal candidate; the filing gives no financial results or guidance.
- Jim Fish steps down as CEO and resigns from the board effective January 4, 2027; advisory role expected until mid-February 2027.
- John J. Morris, Jr., age 57, has been WM President since May 2025 and will become President, CEO and a director on January 4, 2027.
- Morris was previously President and Chief Operating Officer (May 2025 to May 2026) and Executive Vice President and Chief Operating Officer (January 2019 to May 2025).
- The filing states Morris was not appointed under any arrangement with another person and has no family relationship with any director or executive officer; it includes no financial results or guidance.
Read the filing on SEC.gov ↗
Jul 28, 4:42 PM ET
WM reported second-quarter 2026 revenue of $6.7 billion, up 4.0%, and diluted EPS of $1.95 versus $1.80 a year earlier. The company kept its full-year adjusted operating EBITDA ($8.15 billion to $8.25 billion) and free cash flow ($3.75 billion to $3.85 billion) outlooks but lowered its revenue outlook by approximately 0.6%, which matters to shareholders because it trims the top-line forecast even as profit measures improved.
- Q2 2026 revenue $6,684 million vs. $6,430 million in Q2 2025; diluted EPS $1.95 vs. $1.80 as reported
- Q2 2026 net cash provided by operating activities $1.73 billion vs. $1.55 billion; free cash flow $1.10 billion vs. $818 million
- Full-year 2026 revenue outlook now $26.275 billion to $26.475 billion, a reduction of approximately 0.6%; adjusted operating EBITDA and free cash flow outlooks unchanged
- Company returned $1.04 billion to shareholders in Q2, including $659 million in share repurchases and $379 million in dividends; webcast set for July 29, 2026 at 10:00 a.m. ET
Read the filing on SEC.gov ↗
May 13, 9:09 AM ET
WM's Board promoted Tara Hemmer, an WM veteran since 1999, to Executive Vice President and Chief Operating Officer, replacing John Morris, who voluntarily resigned from that role and remains President. Healthcare Solutions leader Rafael Carrasco will retire on July 17, 2026, and that business will report directly to Morris. The filing describes a leadership change and a compensation package for Hemmer, but gives no financial results.
- Tara Hemmer, age 53, promoted to EVP and Chief Operating Officer; base salary raised to $850,000 with a 105% target annual cash incentive
- Hemmer receives RSUs with a $575,000 grant value on May 20, 2026, vesting 34%, 33% and 33% over three years
- Rafael Carrasco, SVP Enterprise Strategy and President of WM Healthcare Solutions, retires effective July 17, 2026
- John Morris voluntarily resigned as Chief Operating Officer and remains WM President
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
