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Mar 31, 2022

Waste Management Q1 2022 Earnings Report

Reported double-digit growth in revenue, operating EBITDA, and net cash provided by operating activities.

Key Takeaways

Waste Management reported strong Q1 2022 results with double-digit growth in revenue, operating EBITDA, and net cash provided by operating activities. The company is on track to achieve its full-year guidance, driven by effective responses to inflationary pressures and advancements in strategic priorities.

Achieved double-digit growth in revenue, operating EBITDA, and net cash provided by operating activities.

Responded effectively to inflationary pressures.

Advanced long-term strategic priorities, including providing the best workplace for employees, progressing technology and automation, and leveraging the sustainability platform for growth.

Observed strong economic activity based on key leading performance indicators such as special waste volumes and new business formation.

Total Revenue
$4.66B
Previous year: $4.11B
+13.4%
EPS
$1.29
Previous year: $1.06
+21.7%
Gross Profit
$1.76B
Previous year: $1.6B
+10.0%
Cash and Equivalents
$155M
Previous year: $476M
-67.4%
Total Assets
$29.2B
Previous year: $29.1B
+0.5%

Waste Management

Waste Management

Forward Guidance

Company is on track to achieve its full-year guidance.