Waste Management stock gains support from healthcare margin progress

Published on 11/07/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Waste Management stock entered the week with stronger healthcare profitability and firm 2026 guidance. Fuel costs and softer collection volumes remain key risks.

Healthcare progress shapes weekly outlook

Third-quarter revenue rose 6.3 percent and adjusted operating EBITDA increased 5.8 percent.
Healthcare Solutions lifted operating EBITDA by more than 30 percent as pricing and cost improvements supported margins.
WM affirmed its 2026 guidance and expects revenue and free cash flow at the high end of its ranges.

Waste Management, US94106L1098, Illustration mit AI erstellt.

Waste Management's third-quarter performance remained the central theme for investors during the week through Friday, November 6, after the company released its results on October 27. In its third-quarter release, WM said revenue increased 6.3 percent year over year and adjusted operating EBITDA rose 5.8 percent.

Healthcare margins improve ahead of plan

Healthcare Solutions revenue increased 3.7 percent, while operating performance rose by more than 30 percent. WM attributed the progress to pricing, cost management and synergy capture following the integration of the healthcare business.

The broader operating picture remained mixed. Collection and Disposal volumes declined 0.4 percent, or 0.5 percent on a workday-adjusted basis, while higher fuel and risk-management costs offset part of the benefit from pricing. Adjusted operating EBITDA margin was 31.0 percent in the quarter.

Guidance keeps cash flow in focus

WM affirmed its 2026 guidance. The company expects revenue at the high end of its 26.275 billion US dollar to 26.475 billion US dollar range, adjusted operating EBITDA within a range of 8.15 billion US dollars to 8.25 billion US dollars, and free cash flow at the high end of a 3.75 billion US dollar to 3.85 billion US dollar range.

For investors, the combination of resilient pricing and stronger healthcare profitability supports the earnings profile. Softer collection volumes, fuel expenses and risk costs remain the main operating pressure points to monitor as the company moves toward 2027.

Waste Management stock traded at 212.00 euros on Lang & Schwarz at 11:26 CET on Saturday, November 7. The real-time quote of Waste Management stock provides the latest trading view.