Loading
Sentiment · FY2026 Q2
| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $5.89B | +13.0% | $1.48 | +21.3% | 16.0% | 10.1% | $396M |
| FY2025 Q1 | $6.02B | +16.7% | $1.58 | -9.7% | 17.1% | 10.6% | $377M |
| FY2025 Q2 | $6.43B | +19.0% | $1.80 | +6.5% | 18.5% | 11.3% | $813M |
| FY2025 Q3 | $6.44B | +14.9% | $1.49 | -20.7% | 18.9% | 9.4% | $816M |
| FY2025 Q4 | $6.31B | +7.1% | $1.83 | +23.6% | 18.6% | 11.8% | $810M |
| FY2026 Q1 | $6.23B | +3.5% | $1.79 | +13.3% | 17.9% | 11.6% | $851M |
| FY2026 Q2 | $6.68B | +4.0% | $1.95 | +8.3% | 18.7% | 11.7% | $1.10B |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
Waste Management delivered Q1 with operating EBITDA growing nearly 6% on core price of 6.3% and yield of 3.9%, while free cash flow of $920M nearly doubled from the prior year. Sustainability businesses delivered accelerating returns and Healthcare Solutions integration progressed on plan, supporting full-year guidance confidence. Severe winter weather drove a volume shortfall but technology and AI initiatives drove operational excellence, and the $2B buyback program ramped shareholder returns.
M&A | Pricing | Margin | Demand | Revenue Growth | Capex Investment | Guidance Reliability | Cost Pressure | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 10 | 5 | 6 | 3 | 8 | 5 | 2 | 4 |
| 2025Q1 | 11 | 6 | 7 | 3 | 5 | 2 | 4 | 2 |
| 2025Q2 | 8 | 6 | 5 | 6 | 4 | 3 | 5 | 2 |
| 2025Q3 | 13 | 6 | 5 | 5 | 4 | 4 | 3 | 2 |
| 2025Q4 | 8 | 7 | 8 | 5 | 6 | 7 | 6 | 2 |
| 2026Q1 | 7 | 10 | 7 | 7 | 2 | 1 | 1 | 2 |
| '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 |
| Demand | 3 | 3 | 6 | 5 | 5 | 7 |
| Revenue Growth | 8 | 5 | 4 | 4 | 6 | 2 |
| Capex Investment | 5 | 2 | 3 | 4 | 7 | 1 |
| Guidance Reliability | 2 | 4 | 5 | 3 | 6 | 1 |
| Cost Pressure | 4 | 2 | 2 | 2 | 2 | 2 |
What WM and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Part of that 10%, David, is having the Stericycle business onboard because prior to Stericycle, the number was approaching 9%.”
WM discusses its acquired Stericycle business (now WM Healthcare Solutions), whose high-teens SG&A ratio is being brought down through synergy capture toward WM's core cost structure.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
WM Waste Management | 6 | +3.5% | |
| RSG Republic Services | 5 | +2.6% |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Noah Kaye | Oppenheimer | 16 (0%) |
| Tyler Brown | Raymond James | 14 (14%) |
| Toni Kaplan | Morgan Stanley |
| Trevor Romeo | William Blair | 14 (0%) |
| Faiza Alwy | Deutsche Bank | 13 (23%) |
| Konark Gupta | Scotiabank | 13 (8%) |
| Jim Schumm | TD Cowen | 13 (8%) |
| Sabahat Khan | RBC Capital Markets | 12 (0%) |
| Jerry Revich | Wells Fargo | 11 (0%) |
| Bryan Burgmeier | Citigroup | 10 (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 | 16 (0%) |
| Raymond James | 1 | 14 (14%) |
| William Blair | 1 | 14 (0%) |
| Morgan Stanley | 1 | 14 (0%) |
| Deutsche Bank | 1 | 13 (23%) |
| Scotiabank | 1 | 13 (8%) |
| TD Cowen | 1 | 13 (8%) |
| RBC Capital Markets | 1 | 12 (0%) |