Waste Management, Inc. (WM) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Waste Management, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.559 Good day and thank you for standing by. Welcome to the WM Fourth Quarter 2025 00:00:05.559 -- 00:00:10.727 Earnings Conference Call. At this time, all participants are on a listen-only mode. 00:00:10.727 -- 00:00:13.892 After this speaker's presentation, there will be a question and answer session. 00:00:13.892 -- 00:00:19.641 To ask a question during the session, you will need to press star 1-1 on your telephone. 00:00:19.641 -- 00:00:23.106 You will then hear an automated message advising your hand is raised. 00:00:23.106 -- 00:00:26.891 To withdraw your question, please press star 1-1 again. 00:00:26.891 -- 00:00:29.748 Please note that today's conference is being recorded. 00:00:29.748 -- 00:00:34.172 I will now hand the conference over to your speaker host, Ed Eagle, Vice President of 00:00:34.172 -- 00:00:37.175 Investor Relations. Please go ahead. 00:00:37.175 -- 00:00:40.638 Thank you, Olivia. Good morning, everyone, and thank you for joining us for our fourth 00:00:40.638 -- 00:00:44.301 quarter and full year 2025 earnings conference call. 00:00:44.301 -- 00:00:48.344 With me this morning are Jim Fish, Chief Executive Officer, John Morris, President and 00:00:48.344 -- 00:00:52.148 Chief Operating Officer, and David Reed, Executive Vice President and Chief Financial 00:00:52.148 -- 00:00:55.511 Officer. You'll hear prepared comments from each of them today. 00:00:55.511 -- 00:00:58.537 Jim will cover high-level financials and provide a strategic update. 00:00:58.537 -- 00:01:03.105 John will cover our operating overview, and David will cover the details of the financials. 00:01:03.105 -- 00:01:06.772 Before we get started, please note that we have filed a Form 8K that includes the earnings 00:01:06.772 -- 00:01:11.717 pres...