StocksUpdated•Originally published 29 April 2026•Updated 1 May 2026•
1 min read
Waste Management FCF Jumps 93.7% Despite Revenue Miss; Dividends Hiked
Key Facts
1The company recorded Q1 revenue growth of 3.5% year-over-year, which missed estimates.
2Free cash flow jumped 93.7%, supporting a 14.5% dividend hike.
3The company repurchased $344 million worth of shares during the period.
Waste Management reported mixed first-quarter results, with revenue growth of 3.5% missing estimates despite an exceptional 93.7% surge in free cash flow. In a broader sector update, peer Republic Services (RSG) issued optimistic 2026 financial guidance, targeting revenue of up to $17.15 billion. RSG also expects its adjusted EPS to reach $7.28 by 2026, signaling long-term growth confidence within the waste management industry. These developments follow Waste Management's 14.5% dividend hike and $344 million in share repurchases. Analysts maintain a positive outlook on the sector, highlighting disciplined expense management and robust cash flow generation as key drivers for shareholder value.