WM · 10-Q · 2026Q2 · Full report

Capital Allocation

WASTE MANAGEMENT INC · 2026-07-29 · Importance 34 · Surprise 56 · In source text

Waste Management allocated $1,038 million of second-quarter 2026 available cash to shareholders through dividends and common-stock repurchases. Six-month free cash flow was $1,104 million, up $286 million from $818 million in the prior year. The free-cash-flow increase reflected $1,726 million of operating cash flow, up $181 million, and lower capital spending from fewer collection-vehicle purchases and planned reductions in sustainability-project investment. The company stated that cash generation funds dividends, capital expenditures, tuck-in acquisitions and strategic sustainability investments.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativerealized-2.2%During the second quarter of 2026, the Company allocated $1,038 million of available cash to shareholders through dividends and common…