Waste Management (WM) announced robust Q3 2024 results, with revenue growing 7.9% to $5.61 billion and adjusted operating EBITDA increasing 11% to $1.71 billion. The company achieved a record adjusted operating EBITDA margin of 30.5%, driven by strong pricing and cost optimization efforts.Core price grew 6.5%, while volume increased 1.4%. WM now expects full-year revenue growth of about 6%, above its previous guidance. The company anticipates delivering adjusted operating EBITDA near the upper end of its 2024 guidance range, at about $6.5 billion.WM continues to make progress on its sustainability initiatives, completing 24 out of 39 planned recycling automation projects and bringing three renewable natural gas projects online. The company expects to achieve the high end of its $2.15 billion free cash flow guidance for 2024, positioning it for significant growth in 2025.

Waste Management (WM) announced robust Q3 2024 results, with revenue growing 7.9% to $5.61 billion and adjusted operating EBITDA increasing 11% to $1.71 billion. The company achieved a record adjusted operating EBITDA margin of 30.5%, driven by strong pricing and cost optimization efforts.Core price grew 6.5%, while volume increased 1.4%. WM now expects full-year revenue growth of about 6%, above its previous guidance. The company anticipates delivering adjusted operating EBITDA near the upper end of its 2024 guidance range, at about $6.5 billion.WM continues to make progress on its sustainability initiatives, completing 24 out of 39 planned recycling automation projects and bringing three renewable natural gas projects online. The company expects to achieve the high end of its $2.15 billion free cash flow guidance for 2024, positioning it for significant growth in 2025.