WM Waste Management (WM) Q1 FY25 earnings call
Waste Management delivered a strong Q1 FY25, exceeding expectations with over 12% total operating EBITDA growth, driven by robust performance in collection and disposal, and significant contributions from sustainability and WM Healthcare Solutions. The company is focused on leveraging technology for cost optimization and executing strategic investments, while navigating volume pressures from residential shedding and industrial softness, and managing integration of recent acquisitions. Management remains confident in achieving full-year guidance, emphasizing predictable execution and strategic
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
WM operating KPIs by quarter
| KPI | Dec 2024 Q4 FY24 | This call Mar 2025 Q1 FY25 | Sep 2025 Q3 FY25 | Mar 2026 Q1 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Churn rate Collection and Disposal | ~9%Our revenue grew across all lines of business supported by a collection and disposal yield of 4.5% and core price of 6.7% with churn remaining at about 9%.Source: earnings call transcript | ~9%Revenue has once again grown across all lines of business, driven by collection and disposal yield of 4% and core price of 6.5% with churn remaining stable at around 9%.Source: earnings call transcript | — | ~10%I don't have it in front of me, but I think it was right around 10%, it varies quarter in and quarter out, national account business can affect that, but we haven't seen any wide swings there.Source: earnings call transcript | — |
| Turnover rate Drivers and technicians | — | — | 16.8%Turnover improved by an impressive 300 basis points, bringing the combined rate for drivers and technicians down to a record low of 16.8%.Source: earnings call transcript | 17.2%total driver and technician turnover, both voluntary and involuntary remained low at 17.2%, improving 130 basis points year-over-year.Source: earnings call transcript | +0.4 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.