Waste Management, Inc. (WM)

Waste Management Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021
Revenue	6,227	6,313	6,443	6,430	6,018	5,893	5,609	5,402	5,159	5,217	5,198	5,119	4,892	4,935	5,075	5,027	4,661	4,678	4,665	4,476
Revenue Growth (YoY)	3.47%	7.13%	14.87%	19.03%	16.65%	12.96%	7.91%	5.53%	5.46%	5.71%	2.42%	1.83%	4.96%	5.49%	8.79%	12.31%	13.35%	15.02%	20.82%	25.70%
Cost of Revenue	3,694	3,693	3,833	3,839	3,612	3,553	3,399	3,291	3,140	3,146	3,188	3,186	3,086	3,093	3,156	3,142	2,903	2,955	2,906	2,736
Gross Profit	2,533	2,620	2,610	2,591	2,406	2,340	2,210	2,111	2,019	2,071	2,010	1,933	1,806	1,842	1,919	1,885	1,758	1,723	1,759	1,740
Selling, General & Admin	707	674	665	696	687	747	525	501	491	513	470	467	476	487	473	487	491	492	469	445
Depreciation & Amortization Expenses	735	770	729	708	691	652	558	543	514	526	519	521	505	545	503	508	482	510	517	500
Other Operating Expenses	-22	21	227	36	15	22	8	58	0	247	-	1	0	45	1	1	17	3	-33	4
Total Operating Expenses	1,420	1,465	1,621	1,440	1,393	1,421	1,091	1,102	1,005	1,286	989	989	981	1,077	977	996	990	1,005	953	949
Operating Income	1,113	1,155	989	1,151	1,013	919	1,119	1,009	1,016	785	1,021	944	825	765	942	890	768	718	806	791
Interest Expense	-225	-223	-225	-232	-232	-201	-131	-136	-130	-128	-127	-125	-120	-109	-91	-93	-85	-83	-87	-98
Other Non-Operating Income (Expense)	3	3	11	9	7	-11	7	21	-17	-13	-22	-10	-9	-13	-23	-21	-12	7	-13	-237
Total Non-Operating Income (Expense)	-222	-220	-214	-223	-225	-212	-124	-115	-147	-141	-149	-135	-129	-122	-114	-114	-97	-76	-100	-335
Pretax Income	891	935	775	928	788	700	995	894	869	644	872	809	696	643	828	776	671	642	706	456
Provision for Income Taxes	168	193	172	201	151	102	235	214	162	175	210	196	164	143	189	189	157	136	167	105
Net Income	723	742	603	726	637	598	760	680	708	493	663	615	533	499	639	587	513	506	538	351
Minority Interest in Earnings	-	1	1	1	-	0	-	-	-1	-24	-1	-2	-1	1	-	-	1	0	1	-
Net Income to Common	723	742	603	726	637	598	760	680	708	493	663	615	533	499	639	587	513	506	538	351
Net Income Growth	13.50%	24.08%	-20.66%	6.77%	-10.03%	21.30%	14.63%	10.57%	32.83%	-1.20%	3.76%	4.77%	3.90%	-1.38%	18.77%	67.24%	21.85%	15.53%	37.95%	14.33%
Shares Outstanding (Basic)	403	403	403	403	402	402	402	401	402	402	404	406	407	409	412	414	416	418	420	422
Shares Outstanding (Diluted)	404	405	404	404	404	404	403	403	404	404	406	408	409	412	414	416	418	421	422	424
Shares Change (YoY)	0.12%	0.22%	0.27%	0.27%	0.10%	-0.15%	-0.66%	-1.10%	-1.34%	-1.77%	-2.03%	-2.09%	-2.11%	-2.16%	-1.82%	-1.70%	-1.53%	-1.06%	-0.61%	-0.07%
EPS (Basic)	1.79	1.84	1.50	1.80	1.58	1.49	1.89	1.70	1.76	1.23	1.64	1.52	1.31	1.22	1.55	1.42	1.24	1.21	1.28	0.83
EPS (Diluted)	1.79	1.83	1.49	1.80	1.58	1.48	1.88	1.69	1.75	1.22	1.63	1.51	1.30	1.21	1.54	1.41	1.23	1.20	1.28	0.83
EPS Growth	13.29%	23.65%	-20.75%	6.51%	-9.71%	21.31%	15.34%	11.92%	34.62%	0.83%	5.84%	7.09%	5.69%	0.83%	20.31%	69.88%	24.24%	16.50%	39.13%	15.28%
Shares Outstanding	402.27	402.94	402.86	402.6	402.37	401.49	401.35	401.1	401.3	401.46	402.83	404.88	406.79	407.89	410.54	413.28	415.18	416.12	418.29	420.82
Free Cash Flow	851	810	816	813	377	396	577	487	699	340	590	510	384	187	425	497	840	217	720	647
Free Cash Flow Growth	125.73%	104.55%	41.42%	66.94%	-46.07%	16.47%	-2.20%	-4.51%	82.03%	81.82%	38.82%	2.62%	-54.29%	-13.83%	-40.97%	-23.18%	-1.18%	-39.55%	4.96%	54.05%
Free Cash Flow Per Share	2.10	2.00	2.02	2.01	0.93	0.98	1.43	1.21	1.73	0.84	1.45	1.25	0.94	0.45	1.03	1.19	2.01	0.52	1.71	1.53
Dividends Per Share	0.945	0.825	0.825	0.825	0.825	0.750	0.750	0.750	0.750	0.700	0.700	0.700	0.700	0.650	0.650	0.650	0.650	0.575	0.575	0.575
Dividend Growth	14.54%	10.00%	10.00%	10.00%	10.00%	7.14%	7.14%	7.14%	7.14%	7.69%	7.69%	7.69%	7.69%	13.04%	13.04%	13.04%	13.04%	5.50%	5.50%	5.50%
Gross Margin	40.68%	41.50%	40.51%	40.30%	39.98%	39.71%	39.40%	39.08%	39.14%	39.70%	38.67%	37.76%	36.92%	37.33%	37.81%	37.50%	37.72%	36.83%	37.71%	38.87%
Operating Margin	17.87%	18.30%	15.35%	17.90%	16.83%	15.59%	19.95%	18.68%	19.69%	15.05%	19.64%	18.44%	16.86%	15.50%	18.56%	17.70%	16.48%	15.35%	17.28%	17.67%
Profit Margin	11.61%	11.75%	9.36%	11.31%	10.58%	10.15%	13.55%	12.59%	13.70%	8.99%	12.74%	11.97%	10.87%	10.13%	12.59%	11.68%	11.03%	10.82%	11.55%	7.84%
FCF Margin	13.67%	12.83%	12.66%	12.64%	6.26%	6.72%	10.29%	9.02%	13.55%	6.52%	11.35%	9.96%	7.85%	3.79%	8.37%	9.89%	18.02%	4.64%	15.43%	14.45%
EBITDA	1,848	1,925	1,718	1,833	1,704	1,571	1,677	1,552	1,530	1,311	1,540	1,465	1,330	1,310	1,445	1,398	1,250	1,228	1,323	1,291
EBITDA Margin	29.68%	30.49%	26.66%	28.51%	28.32%	26.66%	29.90%	28.73%	29.66%	25.13%	29.63%	28.62%	27.19%	26.55%	28.47%	27.81%	26.82%	26.25%	28.36%	28.84%
EBIT	1,113	1,155	989	1,151	1,013	919	1,119	1,009	1,016	785	1,021	944	825	765	942	890	768	718	806	791
EBIT Margin	17.87%	18.30%	15.35%	17.90%	16.83%	15.59%	19.95%	18.68%	19.69%	15.05%	19.64%	18.44%	16.86%	15.50%	18.56%	17.70%	16.48%	15.35%	17.28%	17.67%
Effective Tax Rate	18.86%	20.64%	22.19%	21.66%	19.16%	14.57%	23.62%	23.94%	18.64%	27.17%	24.08%	24.23%	23.56%	22.24%	22.83%	24.36%	23.40%	21.18%	23.65%	23.03%

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q