Loading
Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“you had the session with Caterpillar at the Consumer Electronics Show.”
WM and Caterpillar, a heavy-equipment supplier, held a joint session at CES tied to WM's connected-landfill and heavy-equipment technology efforts, signaling a technology-oriented supplier relationship.
“the debt issued last year to fund the acquisition of Stericycle.”
WM referenced its late-2024 debt-funded acquisition of Stericycle (now WM Healthcare Solutions), whose integration and ERP conversion are driving synergy capture and near-term revenue softness.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Tyler Brown | Raymond James | 14 (14%) |
| Noah Kaye | Oppenheimer | 14 (0%) |
| Jim Schumm | TD Cowen | 13 (8%) |
| Toni Kaplan | Morgan Stanley | 12 (0%) |
| Trevor Romeo | William Blair | 12 (0%) |
| Konark Gupta | Scotiabank | 11 (0%) |
| Faiza Alwy | Deutsche Bank | 10 (10%) |
| Sabahat Khan | RBC Capital Markets | 10 (0%) |
| Jerry Revich | Wells Fargo | 8 (0%) |
| Bryan Burgmeier | Citigroup | 8 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Oppenheimer | 1 | 14 (0%) |
| Raymond James | 1 | 14 (14%) |
| TD Cowen | 1 | 13 (8%) |
| Morgan Stanley | 1 |
| 12 (0%) |
| William Blair | 1 | 12 (0%) |
| Scotiabank | 1 | 11 (0%) |
| RBC Capital Markets | 1 | 10 (0%) |
| Deutsche Bank | 1 | 10 (10%) |
Waste Management closed FY2025 with a record full-year 30.1% EBITDA margin including Q4 at 31.3%, as free cash flow grew 27% to $2.94B with improving conversion. The company introduced FY2026 guidance of operating EBITDA $8.15-$8.25B representing 6.2% growth and FCF of approximately $3.8B up 30%, supported by the first full year with operating expenses below 60% of revenue. A $3.5B shareholder return target including a $3B buyback program was announced for 2026.
M&A | Pricing | Margin | Revenue Growth | Demand | Capex Investment | Guidance Reliability | Macroeconomic | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 10 | 5 | 6 | 8 | 3 | 5 | 2 | 1 |
| 2025Q1 | 11 | 6 | 7 | 5 | 3 | 2 | 4 | 1 |
| 2025Q2 | 8 | 6 | 5 | 4 | 6 | 3 | 5 | 1 |
| 2025Q3 | 13 | 6 | 5 | 4 | 5 | 4 | 3 | 1 |
| 2025Q4 | 8 | 7 | 8 | 6 | 5 | 7 | 6 | 4 |
| 2026Q1 | 7 | 10 | 7 | 2 | 7 | 1 | 1 | 6 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| M&A | 10 | 11 | 8 | 13 | 8 | 7 |
| Pricing | 5 | 6 | 6 | 6 | 7 | 10 |
| Margin | 6 | 7 | 5 | 5 | 8 | 7 |
| Revenue Growth | 8 | 5 | 4 | 4 | 6 | 2 |
| Demand | 3 | 3 | 6 | 5 | 5 | 7 |
| Capex Investment | 5 | 2 | 3 | 4 | 7 | 1 |
| Guidance Reliability | 2 | 4 | 5 | 3 | 6 | 1 |
| Macroeconomic | 1 | 1 | 1 | 1 | 4 | 6 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
WM Waste Management | 6 | +3.5% | |
| RSG Republic Services | 5 | +2.6% |