WM · Earnings call · 2026Q3T · Full report

Revenue Performance and Mix

WASTE MANAGEMENT INC · 2026-10-27 · Importance 49 · Surprise 32

Third-quarter revenue grew 6.3% year over year, while core price was 5.8% and core price and yield were tracking toward the high end of full-year guidance. Collection and disposal volume was modestly negative; residential volume declined 2.6% in the quarter, while industrial roll-off was flat to slightly positive and commercial volume declined about 1.3%. Health care solutions revenue increased 3.7%, and higher recycling and renewable energy volumes from completed growth projects, together with year-over-year increases in recycling commodity prices, added to revenue.

Key facts

• Waste Management said disposal pricing was more pressured, in part due to volume shifts on the West Coast toward higher-priced, but not necessarily higher-profit, volume.
• WM's residential core price, yield, and revenue build increased revenue by about $40 million despite residential volume losses.
• WM's third-quarter 2026 revenue grew 6.3%.