U.S. COMPANY FILING
WASTE MANAGEMENT INC — Form 10-K filed 2026-02-09
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Waste Management's 2025 revenue rose 14.2% to $25,204 million, driven by the Stericycle acquisition. Net income was $2,708 million, down $38 million due to higher interest expense. Operating cash flow was $6,043 million and free cash flow was $2,937 million. The company announced a 14.5% dividend increase to $0.945 per share for 2026 and a $3.0 billion share repurchase authorization.
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