Waste Management, Inc. (WM)
NYSE: WM · Real-Time Price · USD
226.60
-1.08 (-0.47%)
Aug 10, 2026, 4:00 PM EDT - Market closed

Waste Management Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
25,66725,20422,06320,42619,69817,931
Revenue Growth
7.17%14.24%8.01%3.70%9.85%17.83%
Gross Profit
10,49210,1928,6807,8207,4046,820
Operating Income
4,5104,3084,0633,5753,3652,965
Net Income
2,8532,7082,7462,3042,2381,816
Earnings Per Share
7.066.706.815.665.394.29
EPS Growth
4.75%-1.62%20.32%5.01%25.64%21.88%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Recycling Processing and Sales
1,4981,4921,6031,2641,5161,528
WM Renewable Energy
588478318273312276
WM Healthcare Solutions
2,4952,508403---
Corporate and Other
252223242728
Total Collection
15,75315,42114,89014,35613,61512,244
Landfill
3,7733,7813,4453,2523,0622,750
Transfer
1,5351,5021,3811,2571,1661,105
Revenue (Total)
25,66725,20422,06320,42619,69817,931

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
557201414458351118
Total Debt
23,35622,90723,90016,22914,98413,405
Net Cash (Debt)
-22,799-22,706-23,486-15,771-14,633-13,287
Net Cash Growth
------
Net Cash Per Share
-56.45-56.18-58.22-38.76-35.26-31.42

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6,5176,0435,3904,7194,5364,338
Capital Expenditures
-2,944-3,227-3,231-2,895-2,587-1,904
Free Cash Flow
3,5732,8162,1591,8241,9492,434
Free Cash Flow Growth
65.19%30.43%18.37%-6.41%-19.93%37.44%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.88%40.44%39.34%38.28%37.59%38.03%
Operating Margin
17.57%17.09%18.42%17.50%17.08%16.54%
Pretax Margin
14.12%13.59%15.67%14.79%14.81%13.10%
Profit Margin
11.12%10.75%12.44%11.14%11.37%10.13%
FCF Margin
13.92%11.17%9.79%8.93%9.89%13.57%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.7803.3003.0002.8002.6002.300
Dividend Per Share Growth
12.38%10.00%7.14%7.69%13.04%5.50%
Dividend Yield
1.67%1.51%1.49%1.57%1.66%1.38%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
32.0532.7929.6331.6429.1138.90
Forward PE
26.5427.2325.7427.4026.2230.82
P/FCF Ratio
25.3531.4437.5339.4232.8328.53
PS Ratio
3.533.513.673.523.253.87