Waste Management, Inc. (WM)
NYSE: WM · Real-Time Price · USD
239.41
+1.51 (0.63%)
At close: Jul 28, 2026, 4:00 PM EDT
233.50
-5.91 (-2.47%)
After-hours: Jul 28, 2026, 7:59 PM EDT
Waste Management Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 786 | 723 | 742 | 603 | 727 | 637 | 598 | 760 | 680 | 707 | 469 | 662 | 613 | 532 | 500 | 639 | 587 | 514 | 506 | 539 |
Depreciation & Amortization | 777 | 735 | 770 | 729 | - | 691 | 652 | 558 | 543 | 514 | 526 | 519 | 521 | 505 | 545 | 503 | 508 | 482 | 510 | 517 |
Stock-Based Compensation | - | 52 | 34 | 43 | 41 | 51 | 34 | 27 | 27 | 30 | 22 | 24 | 21 | 26 | 13 | 20 | 26 | 25 | 27 | 36 |
Other Adjustments | - | 114 | 193 | 422 | 65 | 71 | 97 | 78 | 3 | 107 | 155 | 91 | 35 | 81 | 191 | 74 | -1 | 55 | 46 | -8 |
Change in Receivables | - | 30 | -58 | -130 | -374 | 51 | -83 | -103 | -303 | 176 | 36 | -92 | -243 | 138 | -228 | -13 | -181 | 93 | 84 | -32 |
Changes in Accounts Payable | - | -178 | 6 | -7 | 329 | -287 | 132 | 64 | 187 | -102 | 27 | 85 | 123 | -145 | 68 | 75 | 149 | 101 | -183 | 176 |
Changes in Other Operating Activities | - | 25 | 11 | -68 | 15 | -6 | 74 | -26 | 18 | -65 | -21 | -26 | -40 | -93 | -40 | -116 | -41 | -12 | 1 | -44 |
Operating Cash Flow | 1,726 | 1,501 | 1,698 | 1,592 | 1,545 | 1,208 | 1,511 | 1,358 | 1,154 | 1,367 | 1,382 | 1,263 | 1,030 | 1,044 | 1,049 | 1,182 | 1,047 | 1,258 | 991 | 1,184 |
Operating Cash Flow Growth (YoY) | 11.71% | 24.25% | 12.38% | 17.23% | 33.88% | -11.63% | 9.33% | 7.52% | 12.04% | 30.94% | 31.75% | 6.85% | -1.62% | -17.01% | 5.85% | -0.17% | 0.38% | 12.32% | 31.61% | 15.06% |
Investing Activities
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -630 | -650 | -888 | -776 | -732 | -831 | -1,115 | -781 | -667 | -668 | -1,042 | -673 | -520 | -660 | -862 | -757 | -550 | -418 | -774 | -464 |
Sale of Property, Plant & Equipment | 8 | 69 | 13 | 5 | 5 | 98 | 59 | 41 | 43 | 15 | 10 | 22 | 35 | 11 | 9 | 7 | 6 | 5 | 26 | 53 |
Cash Acquisitions | -85 | - | 0 | -29 | -363 | -3 | -6,706 | -539 | -232 | -11 | -31 | -21 | -84 | -34 | -170 | -197 | -1 | -9 | -64 | -1 |
Other Investing Activities | 11 | -150 | 8 | 16 | 4 | -93 | 0 | 799 | -748 | -91 | -21 | 4 | 8 | -95 | -4 | 11 | 17 | -150 | 24 | 14 |
Investing Cash Flow | -696 | -731 | -867 | -784 | -1,086 | -829 | -7,762 | -480 | -1,604 | -755 | -1,084 | -668 | -561 | -778 | -1,027 | -936 | -528 | -572 | -788 | -398 |
Financing Activities
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | 6,775 | 6,048 | 5,458 | 5,821 | 4,142 | 4,993 | 13,664 | 1,734 | 4,768 | 4,412 | 3,987 | 5,963 | 4,471 | 6,885 | 2,772 | 556 | 2,998 | 2,362 | 1,520 | 4,721 |
Long-Term Debt Repaid | -6,359 | -6,125 | -5,975 | -6,538 | -4,071 | -5,163 | -7,251 | -1,867 | -4,182 | -4,570 | -3,403 | -5,917 | -4,526 | -6,548 | -1,899 | -746 | -2,212 | -2,471 | -1,167 | -4,911 |
Net Long-Term Debt Issued (Repaid) | 416 | -77 | -517 | -717 | 71 | -170 | 6,413 | -133 | 586 | -158 | 584 | 46 | -55 | 337 | 873 | -190 | 786 | -109 | 353 | -190 |
Issuance of Common Stock | 6 | 26 | 7 | 4 | 25 | 25 | 11 | 6 | 4 | 32 | 15 | 4 | 13 | 12 | 5 | 18 | 12 | 9 | 6 | 19 |
Repurchase of Common Stock | -659 | -384 | -1 | -1 | -4 | -45 | -3 | -1 | -12 | -298 | -315 | -370 | -270 | -378 | -439 | -545 | -271 | -284 | -350 | -500 |
Net Common Stock Issued (Repurchased) | -653 | -358 | 6 | 3 | 21 | -20 | 8 | 5 | -8 | -266 | -300 | -366 | -257 | -366 | -434 | -527 | -259 | -275 | -344 | -481 |
Common Dividends Paid | -379 | -385 | -333 | -332 | -333 | -336 | -301 | -301 | -301 | -307 | -281 | -283 | -283 | -289 | -266 | -267 | -269 | -275 | -240 | -241 |
Other Financing Activities | -15 | -1 | 1 | -3 | -4 | -10 | -62 | -10 | -4 | -6 | -2 | -3 | -5 | -1 | 2 | 0 | -30 | 24 | 17 | 36 |
Financing Cash Flow | -631 | -821 | -843 | -1,049 | -245 | -536 | 6,058 | -439 | 273 | -737 | 1 | -606 | -600 | -319 | 175 | -984 | 228 | -635 | -214 | -876 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -6 | -1 | 1 | -3 | 7 | 1 | -7 | 2 | -2 | -2 | 4 | -3 | 2 | - | 0 | -7 | 0 | 1 | 0 | -2 |
Net Cash Flow | 393 | -52 | -11 | -244 | 221 | -156 | -200 | 441 | -179 | -127 | 303 | -14 | -129 | -53 | 197 | -745 | 747 | 52 | -11 | -92 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 1,096 | 851 | 810 | 816 | 813 | 377 | 396 | 577 | 487 | 699 | 340 | 590 | 510 | 384 | 187 | 425 | 497 | 840 | 217 | 720 |
Free Cash Flow Growth (YoY) | 34.81% | 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% |
FCF Margin | 16.40% | 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% |
Free Cash Flow Per Share | 2.72 | 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 |
Levered Free Cash Flow | 1,348 | 578 | 124 | -236 | 409 | 34 | 6,754 | 442 | 1,347 | 229 | 567 | 614 | 644 | 477 | 1,083 | 154 | 1,439 | 557 | 413 | 533 |
Unlevered Free Cash Flow | 1,109 | 835.14 | 815.59 | 647.51 | 513.7 | 385.88 | 528.09 | 669.71 | 848.47 | 505.6 | 61.68 | 680.12 | 799.29 | 237.6 | 305.87 | 431.98 | 739.23 | 741.3 | 119.9 | 800.35 |