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Waste Management (WM) Q3 2026 Earnings: Guidance Reaffirmed

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Waste Management reaffirmed its full-year guidance; revenue +6.2% vs a year earlier.

Waste Management's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-27. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$6,846 million (+6.2% vs a year earlier)
Diluted EPS (GAAP)$2.05
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$2.15
Full-year guidanceReaffirmed

Guidance

Affirmed 2026 guidance: revenue at high end of $26.275–$26.475 billion, adjusted operating EBITDA $8.15–$8.25 billion, free cash flow at high end of $3.75–$3.85 billion.

Why this label: 'We are affirming our 2026 guidance ranges'; revenue at the high end of $26.275-26.475B, adjusted operating EBITDA within $8.15-8.25B (unchanged ranges).

MetricPeriodNewPrior (as stated in the release)
revenueFY2026high end of $26.275–$26.475 billion$26.275–$26.475 billion
adjusted operating EBITDAFY2026within $8.15–$8.25 billion$8.15–$8.25 billion
free cash flowFY2026high end of $3.75–$3.85 billion$3.75–$3.85 billion
share repurchasesFY2026$2 billionnot stated

From the release

Revenue: "Operating revenues · $ · 6,846 · $ · 6,443 · $ · 19,757 · $ · 18,891"

Earnings per share: "Diluted EPS · $2.05 · $2.15 · $1.49 · $1.98"

revenue: "The Company expects to achieve its full-year financial guidance, with revenue expected to be at the high end of the guidance range of $26.275 to $26.475 billion"

adjusted operating EBITDA: "adjusted operating EBITDA to be within the guidance range of $8.15 to $8.25 billion"

free cash flow: "free cash flow to be at the high end of the guidance range of $3.75 to $3.85 billion"

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Affirmed 2026 guidance; revenue expected at high end of $26.275–$26.475 billion.

Source

Waste Management earnings release (SEC filing), accession 0001104659-26-119188, filed 2026-10-27.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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