WM Waste Management

FY2025 10-K
Filed: Feb 9, 2026
Utilities
Refuse SystemsSEC EDGAR

Waste Management (WM) filed its fiscal year 2025 10-K annual report with the SEC on Feb 9, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Integrated waste management with collection, landfill, recycling, renewable energy, and healthcare solutions services
  • New emphasis: Integration and expansion of Healthcare Solutions segment post-Stericycle acquisition in Nov 2024
+3 more insights

Management Discussion & Analysis

  • Revenue not explicitly stated; Stericycle acquisition added Healthcare Solutions segment with $7.2B enterprise value
  • Acquisition-related costs $120M in 2025 vs $160M in 2024 impacting SG&A and restructuring expense
+7 more insights

Risk Factors

  • Cybersecurity risk overseen by Audit Committee, including compliance with NIST framework and AI governance policies
  • Potential liability exposure from significant cybersecurity incidents impacting customer and vendor relationships
+2 more insights

Financial Summary
XBRL

Revenue

$25.2B

Net Income

$2.7B

Operating Margin

17.1%

Net Margin

10.7%

ROE

27.1%

Total Assets

$45.8B

EPS (Diluted)

$6.70

Operating Cash Flow

$6.0B

Source: XBRL data from Waste Management FY2025 10-K filing on SEC EDGAR. All figures in USD.

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