Waste Management Inc at Bank of America Global Agriculture and Materials Conference Transcript

Mar 02, 2023 / 04:30PM GMT
Michael J. Feniger - BofA Securities, Research Division - Director

Everyone, thanks for joining us. I know this is the slot read before lunch. So good time always -- as always, talk about waste. We're joined here, as you know, we have 5 of the public waste companies. And today, we have the industry leader, Waste Management joining us.

Questions and Answers:

Michael J. Feniger - BofA Securities, Research Division - Director

And I think maybe just to kick it off because there's a lot to unpack in the story. I think with Waste Management being the industry leader, maybe we can just talk about what investors should normally expect through cycle for Waste Management in terms of what some would call like the algorithm for the outlook. So in 2019, you guys hosted an Investor Day. I know you have another event coming up in April, which we'll get to. But in 2019, Waste Management had its first Investor Day in like a decade. And you provided this long-term outlook of revenue growth, I think it's 4% to 6%, EBITDA growth, 5% to 7%, free cash flow growth, 5% to 7%.
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