Waste Management Shares Rise 6.7% with 8.8% Earnings Growth, Seven RNG Facilities
Shares of Waste Management have gained 6.7% over the past month versus 2.5% industry growth, with first-quarter earnings projected to rise 5.4% and full-year earnings growth of 8.8% in 2026 and 14% in 2027. The company commissioned seven renewable natural gas facilities and upgraded five recycling plants.
1. Stock Performance and Growth Projections
In the past month, Waste Management shares have gained 6.7%, outperforming the industry’s 2.5% growth. First-quarter earnings are projected to rise 5.4% year over year, with full-year earnings expected to increase 8.8% in 2026 and 14% in 2027 while revenues are forecast to increase 5.3% in 2026 and 5.6% in 2027.
2. Renewable Energy and Recycling Investments
Waste Management commissioned seven new renewable natural gas facilities and completed automation upgrades at five recycling plants, expanding its renewable energy network. The company also added operations in four new markets and is integrating landfill gas conversion and modern technology to strengthen competitive advantages.
3. Dividend History and Financial Risk
The company has paid dividends since 1998, increasing payouts from $970 million in 2021 to $1.3 billion in 2025, demonstrating strong shareholder returns. However, its current ratio stood at 0.89 in the latest quarter, below the industry average of 1, indicating potential short-term liquidity challenges.