Waste Management Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Quarter Ended	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	+73 Quarters
Revenue	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	3,729	3,846	3,967	3,946	3,696	3,842	3,822	3,739	3,511	3,652	3,716	3,677	3,440	3,460	3,548	3,425	3,176	3,246	3,360	3,315	3,040	3,437	3,602	3,561	3,396	Upgrade
Revenue Growth (YoY)	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%	0.89%	0.10%	3.79%	5.54%	5.27%	5.20%	2.85%	1.69%	2.06%	5.55%	4.74%	7.36%	8.31%	6.59%	5.60%	3.32%	4.47%	-5.56%	-6.72%	-6.91%	-10.48%	-1.80%	-0.52%	0.99%	1.80%	Upgrade
Cost of Revenue	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	2,329	2,314	2,441	2,443	2,298	2,379	2,373	2,313	2,184	2,263	2,302	2,290	2,166	2,147	2,216	2,130	1,993	2,027	2,095	2,163	1,946	2,170	2,299	2,301	2,232	Upgrade
Gross Profit	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	1,400	1,532	1,526	1,503	1,398	1,463	1,449	1,426	1,327	1,389	1,414	1,387	1,274	1,313	1,332	1,295	1,183	1,219	1,265	1,152	1,094	1,267	1,303	1,260	1,164	Upgrade
Selling, General & Admin	513	470	467	476	487	473	487	491	492	469	445	458	510	416	377	425	445	386	391	409	370	345	365	373	369	356	353	390	378	330	340	362	343	330	322	348	376	377	353	375	Upgrade
Other Operating Expenses	773	519	522	505	590	504	508	499	513	484	504	490	403	433	477	402	432	406	416	368	326	405	346	349	316	357	361	329	318	442	344	314	374	334	328	306	139	380	375	320	Upgrade
Operating Expenses	1,286	989	989	981	1,077	977	995	990	1,005	953	949	948	913	849	854	827	877	792	807	777	696	750	711	722	685	713	714	719	696	772	684	676	717	664	650	654	515	757	728	695	Upgrade
Operating Income	785	1,021	944	825	765	942	890	768	718	806	791	650	654	680	527	573	655	734	696	621	767	699	715	605	704	701	673	555	617	560	611	507	502	601	502	440	752	546	532	469	Upgrade
Interest Expense / Income	128	127	125	120	109	91	93	85	83	87	98	97	97	97	119	112	110	105	100	96	97	93	93	91	91	90	90	92	94	94	93	95	91	95	95	104	114	116	115	121	Upgrade
Other Expense / Income	-11	21	8	8	14	23	21	13	-7	14	237	8	10	67	13	26	14	14	100	63	11	8	13	2	29	10	12	28	12	11	58	14	14	12	17	556	47	27	27	21	Upgrade
Pretax Income	668	873	811	697	642	828	776	670	642	705	456	545	547	516	395	435	531	615	496	462	659	598	609	512	584	601	571	435	511	455	460	398	397	494	390	-220	591	403	390	327	Upgrade
Income Tax	175	210	196	164	143	189	189	157	136	167	105	124	109	126	88	74	84	120	115	115	128	99	110	116	-319	215	209	137	176	153	173	140	124	159	116	-91	1	133	180	99	Upgrade
Net Income	493	663	615	533	499	639	587	513	506	538	351	421	438	390	307	361	447	495	381	347	531	499	499	396	903	386	362	298	335	302	287	258	273	335	274	-129	590	270	210	228	Upgrade
Net Income Growth	-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%	4.03%	-15.82%	-0.80%	-23.65%	-12.37%	-41.20%	29.27%	37.85%	32.89%	169.55%	27.81%	26.13%	15.50%	22.71%	-9.85%	4.74%	-	-53.73%	24.07%	30.48%	-	-	-7.22%	-13.93%	35.71%	Upgrade
Shares Outstanding (Basic)	403	405	407	408	410	413	415	415	418	421	422	423	423	422	422	425	424	424	425	424	426	429	431	434	434	440	442	440	442	442	444	446	446	452	458	459	458	466	465	465	Upgrade
Shares Change	-1.88%	-2.00%	-2.02%	-1.55%	-1.87%	-1.84%	-1.64%	-2.02%	-1.02%	-0.32%	0.02%	-0.37%	-0.39%	-0.42%	-0.64%	0.22%	-0.49%	-1.05%	-1.51%	-2.28%	-1.81%	-2.57%	-2.41%	-1.37%	-1.76%	-0.51%	-0.52%	-1.33%	-1.01%	-2.20%	-2.96%	-2.94%	-2.50%	-3.03%	-1.62%	-1.22%	-2.40%	-0.51%	-0.36%	-0.08%	Upgrade
EPS (Basic)	1.23	1.64	1.52	1.31	1.22	1.55	1.42	1.24	1.21	1.28	0.83	1.00	1.04	0.92	0.73	0.85	1.05	1.17	0.90	0.82	1.25	1.16	1.16	0.91	2.07	0.88	0.82	0.68	0.75	0.68	0.65	0.58	0.60	0.75	0.60	-0.28	1.27	0.59	0.45	0.49	Upgrade
EPS (Diluted)	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	0.85	1.05	1.16	0.89	0.81	1.23	1.16	1.15	0.91	2.05	0.87	0.81	0.67	0.76	0.68	0.64	0.58	0.60	0.74	0.60	-0.28	1.27	0.58	0.45	0.49	Upgrade
EPS Growth	0.83%	5.84%	7.09%	5.69%	0.83%	20.31%	69.88%	24.24%	16.50%	39.13%	15.28%	16.47%	-1.90%	-20.69%	-19.10%	4.94%	-14.63%	0%	-22.61%	-10.99%	-40.00%	33.33%	41.98%	35.82%	169.74%	27.94%	26.56%	15.52%	26.67%	-8.11%	6.67%	-	-52.76%	27.59%	33.33%	-	-	-6.45%	-13.46%	36.11%	Upgrade
Free Cash Flow	340	590	510	384	187	425	497	840	217	720	647	850	359	686	420	306	736	469	432	419	458	470	539	409	264	503	514	390	374	425	450	415	187	322	520	266	150	365	347	318	Upgrade
Free Cash Flow Per Share	0.84	1.46	1.25	0.94	0.46	1.03	1.20	2.03	0.52	1.71	1.53	2.01	0.85	1.62	0.99	0.72	1.74	1.11	1.02	0.99	1.07	1.10	1.25	0.94	0.61	1.14	1.16	0.89	0.85	0.96	1.01	0.93	0.42	0.71	1.14	0.58	0.33	0.78	0.75	0.68	Upgrade
Dividend Per Share	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	0.545	0.512	0.512	0.512	0.512	0.465	0.465	0.465	0.465	0.425	0.425	0.425	0.425	0.410	0.410	0.410	0.410	0.385	0.385	0.385	0.385	0.375	0.375	0.375	0.375	Upgrade
Dividend Growth	7.69%	7.69%	7.69%	7.69%	13.04%	13.04%	13.04%	13.04%	5.50%	5.50%	5.50%	5.50%	6.45%	6.45%	6.45%	6.45%	10.11%	10.11%	10.11%	10.11%	9.41%	9.41%	9.41%	9.41%	3.66%	3.66%	3.66%	3.66%	6.49%	6.49%	6.49%	6.49%	2.67%	2.67%	2.67%	2.67%	2.74%	2.74%	2.74%	2.74%	Upgrade
Gross Margin	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%	37.54%	39.83%	38.47%	38.09%	37.82%	38.08%	37.91%	38.14%	37.80%	38.03%	38.05%	37.72%	37.03%	37.95%	37.54%	37.81%	37.25%	37.55%	37.65%	34.75%	35.99%	36.86%	36.17%	35.38%	34.28%	Upgrade
Operating Margin	15.05%	19.64%	18.44%	16.86%	15.50%	18.56%	17.70%	16.48%	15.35%	17.28%	17.67%	15.81%	16.08%	17.61%	14.80%	15.37%	17.03%	18.50%	17.64%	16.80%	19.96%	18.29%	19.12%	17.23%	19.28%	18.86%	18.30%	16.13%	17.83%	15.78%	17.84%	15.96%	15.47%	17.89%	15.14%	14.47%	21.88%	15.16%	14.94%	13.81%	Upgrade
Profit Margin	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%	9.68%	11.62%	12.48%	9.66%	9.39%	13.82%	13.06%	13.35%	11.28%	24.73%	10.39%	9.84%	8.66%	9.68%	8.51%	8.38%	8.12%	8.41%	9.97%	8.27%	-4.24%	17.17%	7.50%	5.90%	6.71%	Upgrade
Free Cash Flow Margin	6.52%	11.35%	9.96%	7.85%	3.79%	8.37%	9.89%	18.02%	4.64%	15.43%	14.45%	20.67%	8.83%	17.77%	11.79%	8.21%	19.14%	11.82%	10.95%	11.34%	11.92%	12.30%	14.42%	11.65%	7.23%	13.54%	13.98%	11.34%	10.81%	11.98%	13.14%	13.07%	5.76%	9.58%	15.69%	8.75%	4.36%	10.13%	9.74%	9.36%	Upgrade
Effective Tax Rate	26.20%	24.05%	24.17%	23.53%	22.27%	22.83%	24.36%	23.43%	21.18%	23.69%	23.03%	22.75%	19.93%	24.42%	22.28%	17.01%	15.82%	19.51%	23.19%	24.89%	19.42%	16.56%	18.06%	22.66%	-54.62%	35.77%	36.60%	31.49%	34.44%	33.63%	37.61%	35.18%	31.23%	32.19%	29.74%	-	0.17%	33.00%	46.15%	30.28%	Upgrade
EBITDA	1,322	1,519	1,457	1,322	1,296	1,422	1,377	1,237	1,235	1,309	1,054	1,114	1,080	1,032	928	949	1,036	1,124	1,005	924	1,126	1,067	1,086	950	1,017	1,041	1,017	855	918	885	893	805	789	919	807	176	1,012	848	844	765	Upgrade
EBITDA Margin	25.34%	29.22%	28.46%	27.02%	26.26%	28.02%	27.39%	26.54%	26.40%	28.06%	23.55%	27.09%	26.56%	26.73%	26.06%	25.45%	26.94%	28.33%	25.47%	25.00%	29.31%	27.92%	29.05%	27.06%	27.85%	28.01%	27.66%	24.85%	26.53%	24.94%	26.07%	25.35%	24.31%	27.35%	24.34%	5.79%	29.44%	23.54%	23.70%	22.53%	Upgrade
Depreciation & Amortization	526	519	521	505	545	503	508	482	510	517	500	472	436	419	414	402	395	404	409	366	370	376	384	347	342	350	356	328	313	336	340	312	301	330	322	292	307	329	339	317	Upgrade
EBIT	796	1,000	936	817	751	919	869	755	725	792	554	642	644	613	514	547	641	720	596	558	756	691	702	603	675	691	661	527	605	549	553	493	488	589	485	-116	705	519	505	448	Upgrade
EBIT Margin	15.26%	19.24%	18.28%	16.70%	15.22%	18.11%	17.29%	16.20%	15.50%	16.98%	12.38%	15.61%	15.83%	15.88%	14.43%	14.67%	16.67%	18.15%	15.10%	15.10%	19.68%	18.08%	18.78%	17.17%	18.48%	18.60%	17.98%	15.32%	17.49%	15.47%	16.15%	15.52%	15.03%	17.53%	14.63%	-3.82%	20.51%	14.41%	14.18%	13.19%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).