WM Announces Third Quarter 2026 Earnings
Business Wire•27/10/2026•16:30 ET
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Key Highlights
- ➤Revenue $6,846 million, up 6.3% year over year, in Q3 2026
- ➤Adjusted operating EBITDA rose 5.8% to $2,121 million in Q3
- ➤Free cash flow reached $3.01 billion through nine months, up more than 42%
- ➤WM returned $957 million to shareholders during the third quarter
- ➤2026 revenue expected at high end of $26.275 to $26.475 billion guidance range
Expert Statements
Jim Fish, CEO of WM
“WM delivered another quarter of solid operating and financial performance, in line with our expectations, underscoring the consistent execution of our strategy. Adjusted operating EBITDA increased 5.8% in the third quarter driven by strong price-to-cost spread in Collection and Disposal and growing contributions from our healthcare and sustainability businesses. Notably, Healthcare Solutions revenue grew 3.7% in the quarter and operating EBITDA increased more than 30%, driven by effective cost management, synergy capture, and pricing growth. Overall, our results reflect the earnings power of our diversified business and our ability to consistently create value for shareholders.”
Jim Fish, CEO of WM
“The quality of our earnings is evident in the strength of our cash flow generation. Net cash flow from operations increased 12% through the first nine months of the year, reflecting disciplined operational execution and continued strong returns on investments that are improving productivity, enhancing service and supporting sustainable long-term growth. We are affirming our 2026 guidance ranges, as we remain on track to meet our financial objectives.”
Strong Cash Flow from Operations Supports Return of $957 Million to Shareholders During the Quarter
Healthcare Solutions Increases Income from Operations by $41 Million Driven by 3.7% Revenue Growth and Growing Cost Improvements
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