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Sep 30, 2021

Waste Management Q3 2021 Earnings Report

Reported strong revenue growth leading to double digit growth in income from operations, net cash provided by operating activities, and diluted EPS.

Key Takeaways

Waste Management announced strong Q3 2021 results, driven by robust revenue growth from organic sources and the integration of Advanced Disposal. The company is on track to meet full-year financial targets despite accelerating cost inflation.

Strong organic growth and Advanced Disposal integration powered robust revenue growth.

Adjusted operating EBITDA increased by more than 14%.

Net cash provided by operating activities increased by more than 15%.

Company is on track to meet full-year financial targets despite accelerating cost inflation.

Total Revenue
$4.67B
Previous year: $3.86B
+20.8%
EPS
$1.26
Previous year: $1.09
+15.6%
Gross Profit
$1.76B
Previous year: $1.53B
+15.0%
Cash and Equivalents
$116M
Previous year: $703M
-83.5%
Total Assets
$28.8B
Previous year: $24.8B
+16.4%

Waste Management

Waste Management