Waste Management, Inc. (WM)

Waste Management Income Statement

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

Fiscal Quarter	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	Q1 2021	Q4 2020	Q3 2020	Q2 2020
Period Ending	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	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue	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	4,112	4,067	3,861	3,561
Revenue Growth (YoY)	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%	10.27%	5.75%	-2.67%	-9.76%
Cost of Revenue	3,647	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	2,514	2,500	2,332	2,180
Gross Profit	2,371	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	1,598	1,567	1,529	1,381
Selling, General & Admin	687	587	525	501	491	513	470	467	476	487	473	487	491	492	469	445	458	360	416	377
Operating Expenses	1,343	1,239	1,083	1,044	1,005	1,039	989	988	981	1,032	976	995	973	1,002	986	945	930	796	835	791
Operating Income	1,028	1,101	1,127	1,067	1,014	1,032	1,021	945	825	810	943	890	785	721	773	795	668	771	694	590
Interest Expense	-232	-201	-131	-136	-130	-128	-127	-125	-120	-109	-91	-93	-85	-83	-87	-98	-97	-97	-97	-119
Earnings From Equity Investments	5	-	1	22	-19	-19	-18	-12	-11	-18	-17	-17	-15	-2	-14	-11	-9	-12	-16	-14
Other Non Operating Income (Expenses)	2	-11	6	-1	2	6	-4	2	2	5	-6	-4	3	9	1	-6	1	3	1	1
EBT Excluding Unusual Items	803	889	1,003	952	867	891	872	810	696	688	829	776	688	645	673	680	563	665	582	458
Merger & Restructuring Charges	-13	-162	-2	-	-	-1	-	-1	-3	-	-1	-	-	-2	-1	-4	-1	-150	-7	-2
Impairment of Goodwill	-	-	-	-	-	-168	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-14	-	-	-107	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	26	-	-58	-	-	-	-	-	5	-	-	-	1	35	-	8	33	-	-
Asset Writedown	-	-90	-	-	-	-	-	-	-	-50	-	-	-	-2	-	-	-6	-	-7	-61
Other Unusual Items	-2	37	8	-	2	29	-	-	3	-	-	-	-17	-	-1	-220	-19	-1	-52	-
Pretax Income	788	700	995	894	869	644	872	809	696	643	828	776	671	642	706	456	545	547	516	395
Income Tax Expense	151	102	235	214	162	175	210	196	164	143	189	189	157	136	167	105	124	109	126	88
Earnings From Continuing Operations	637	598	760	680	707	469	662	613	532	500	639	587	514	506	539	351	421	438	390	307
Minority Interest in Earnings	-	-	-	-	1	24	1	2	1	-1	-	-	-1	-	-1	-	-	-	-	-
Net Income	637	598	760	680	708	493	663	615	533	499	639	587	513	506	538	351	421	438	390	307
Net Income to Common	637	598	760	680	708	493	663	615	533	499	639	587	513	506	538	351	421	438	390	307
Net Income Growth	-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%	16.62%	-2.01%	-21.21%	-19.42%
Shares Outstanding (Basic)	402	402	402	401	402	402	404	406	407	409	412	414	416	418	420	422	423	423	423	422
Shares Outstanding (Diluted)	404	404	403	403	404	404	406	408	409	412	414	416	418	421	422	424	424	425	425	424
Shares Change (YoY)	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%	-0.49%	-0.54%	-0.66%	-0.84%
EPS (Basic)	1.58	1.49	1.89	1.69	1.76	1.23	1.64	1.52	1.31	1.22	1.55	1.42	1.23	1.21	1.28	0.83	1.00	1.04	0.92	0.73
EPS (Diluted)	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	0.99	1.03	0.92	0.72
EPS Growth	-9.71%	21.42%	15.34%	11.92%	34.62%	1.02%	5.84%	7.09%	5.69%	0.56%	20.31%	69.88%	24.24%	16.58%	39.13%	15.28%	16.47%	-1.93%	-20.69%	-19.10%
Free Cash Flow	377	396	577	487	699	340	590	510	384	187	425	497	840	217	720	647	850	359	686	420
Free Cash Flow Per Share	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	2.00	0.84	1.62	0.99
Dividend Per Share	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	0.575	0.545	0.545	0.545
Dividend Growth	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%	5.50%	6.34%	6.34%	6.34%
Gross Margin	39.40%	39.71%	39.40%	39.08%	39.13%	39.70%	38.67%	37.76%	36.92%	37.33%	37.81%	37.50%	37.72%	36.83%	37.71%	38.87%	38.86%	38.53%	39.60%	38.78%
Operating Margin	17.08%	18.68%	20.09%	19.75%	19.66%	19.78%	19.64%	18.46%	16.86%	16.41%	18.58%	17.70%	16.84%	15.41%	16.57%	17.76%	16.25%	18.96%	17.97%	16.57%
Profit Margin	10.59%	10.15%	13.55%	12.59%	13.72%	9.45%	12.75%	12.01%	10.90%	10.11%	12.59%	11.68%	11.01%	10.82%	11.53%	7.84%	10.24%	10.77%	10.10%	8.62%
Free Cash Flow Margin	6.26%	6.72%	10.29%	9.01%	13.55%	6.52%	11.35%	9.96%	7.85%	3.79%	8.37%	9.89%	18.02%	4.64%	15.43%	14.46%	20.67%	8.83%	17.77%	11.79%
EBITDA	1,684	1,753	1,685	1,610	1,528	1,558	1,540	1,466	1,330	1,355	1,446	1,398	1,267	1,231	1,290	1,295	1,140	1,207	1,113	1,004
EBITDA Margin	27.98%	29.75%	30.04%	29.80%	29.62%	29.86%	29.63%	28.64%	27.19%	27.46%	28.49%	27.81%	27.18%	26.31%	27.65%	28.93%	27.72%	29.68%	28.83%	28.19%
D&A For EBITDA	656	652	558	543	514	526	519	521	505	545	503	508	482	510	517	500	472	436	419	414
EBIT	1,028	1,101	1,127	1,067	1,014	1,032	1,021	945	825	810	943	890	785	721	773	795	668	771	694	590
EBIT Margin	17.08%	18.68%	20.09%	19.75%	19.66%	19.78%	19.64%	18.46%	16.86%	16.41%	18.58%	17.70%	16.84%	15.41%	16.57%	17.76%	16.25%	18.96%	17.97%	16.57%
Effective Tax Rate	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%	22.75%	19.93%	24.42%	22.28%

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q