Waste Management stock trades below its 52-week high

Published on 09/23/2026 at 20:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waste Management stock stood at USD 207.26 on September 23, 2026, 16.47 percent below its 52-week high. Q2 revenue reached USD 6.684 billion, while free cash flow rose 34.5 percent.

Recyclinganlage mit Förderbändern und Arbeitern in Schutzkleidung bei der Sortierung — Waste Management (ISIN US94106L1098) betreibt moderne Recyclinganlagen, in denen Arbeiter Wertstoffe sorgfältig sortieren, Illustration mit AI erstellt.

Waste Management stock (ISIN US94106L1098) stood at USD 207.26 on the NYSE at 2:22 p.m. ET on September 23, 2026, down 0.20 percent from the prior close and 16.47 percent below its 52-week high of USD 248.13. The latest operating figures show revenue growth alongside stronger cash generation.

Q2 revenue reaches USD 6.684 billion

Waste Management reported second-quarter 2026 revenue of USD 6.684 billion, up 4.0 percent from the year-earlier period, according to Stock Titan. Income from operations reached USD 1.253 billion, while net income attributable to WM was USD 785 million.

The quarter also delivered adjusted operating EBITDA of USD 2.067 billion. Its adjusted operating EBITDA margin increased to 30.9 percent from 30.5 percent, a 0.4 percentage point improvement.

Cash flow outpaces revenue growth

Free cash flow rose 34.5 percent year over year to USD 1.104 billion in Q2 2026, while net cash from operating activities reached USD 1.726 billion, the filing summary from Stock Titan shows. The cash figure grew much faster than revenue, making operating efficiency the more important investor signal in the quarter.

Waste Management also returned USD 1.04 billion to shareholders through USD 659 million in repurchases and USD 379 million in dividends. For 2026, the company guidance cited in the filing calls for adjusted operating EBITDA of USD 8.15 billion to USD 8.25 billion and free cash flow of USD 3.75 billion to USD 3.85 billion.

Estimates point to USD 8.13 EPS

Erste Group raised its fiscal 2026 EPS estimate from USD 8.12 to USD 8.13 on September 18, 2026, matching the consensus estimate, according to MarketBeat. The same report lists an average analyst price target of USD 258.89, which is USD 51.63 above the current share price.

Stock remains below its yearly high

At USD 207.26, Waste Management stock was above its 52-week low of USD 194.11 and below its high of USD 248.13 on September 23, 2026. The market capitalization was USD 82,846,967,368 at the same timestamp.