Waste Management reports USD 820 million profit for Waste Management stock

Published on 10/28/2026 at 12:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue rose 6.3 percent to USD 6.846 billion on September 30, 2026. Waste Management stock traded at EUR 204.70 on October 28, 2026.

Cash flow and outlook

Third-quarter revenue increased 6.3 percent on September 30, 2026.
WM returned USD 957 million to shareholders in the third quarter of 2026.
Waste Management stock traded at EUR 204.70 at 12:15 p.m. CET at Lang & Schwarz on October 28, 2026.

Waste Management, US94106L1098, Illustration mit AI erstellt.

Waste Management (ISIN US94106L1098) reported USD 820 million in net income for the third quarter ended September 30, 2026, while revenue increased 6.3 percent to USD 6.846 billion. The company said its adjusted operating EBITDA rose 5.8 percent to USD 2.121 billion, according to the WM release dated October 27, 2026.

Cash flow supports shareholder returns

Cash generation was the central strength of the quarter. Net cash from operating activities reached USD 4.867 billion in the first nine months of 2026, up from USD 4.345 billion in the same period of 2025, while free cash flow rose to USD 3.009 billion from USD 2.114 billion.

WM returned USD 957 million to shareholders during the third quarter, consisting of USD 580 million in repurchases and USD 377 million in dividends. The company also said it had repurchased USD 1.583 billion of shares during the first nine months and still expects total 2026 repurchases of USD 2 billion, according to WM.

Guidance stays at the upper end

WM expects full-year 2026 revenue of USD 26.275 billion to USD 26.475 billion, with revenue and free cash flow at the high end of their respective ranges. Adjusted operating EBITDA guidance remains USD 8.15 billion to USD 8.25 billion, while free cash flow guidance remains USD 3.75 billion to USD 3.85 billion.

The results also show the trade-off inside the business. Healthcare Solutions revenue grew 3.7 percent in the third quarter, but adjusted operating EBITDA margin compressed to 31.0 percent from 31.1 percent a year earlier as fuel and risk management costs offset operating improvements.

Stock moves after the results

Waste Management stock traded at EUR 204.70 at Lang & Schwarz on October 28, 2026 at 12:15 p.m. CET. The company is listed on the NYSE under ticker WM, and its conference call on the third-quarter results was scheduled for 10:00 a.m. ET on October 28, 2026.

The further course of trading is shown by the continuously updated real-time quote of Waste Management stock.