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  3. INDUSTRY : ENVIRONMENTAL SERVICES
  4. WASTE MANAGEMENT, INC.
Waste Management, Inc.
XNYS: WM
208.83-1.27(-0.60%)
1.6M
XNYS Volume

XNYS 09 Oct, 2026 5:30 PM (EDT)

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Waste Management quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Waste Management share price target, revenues, EPS, net income and more

Waste Management quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Waste Management Jun-2026 Quarterly Revenue is $6,684 Million which is growth of 4.0% YoY.

  • POSITIVE

    Quarterly Net Profit Waste Management Jun-2026 Quarterly Net Profit is $785 Million which is growth of 8.1% YoY.

Waste Management, Inc., Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
6,6846,2276,3136,4436,4306,0185,8935,6095,4025,1595,2175,1985,119
Cost Of Rev.
3,9553,6943,6933,8333,8393,6473,5533,3993,2913,1403,1463,1883,186
Gross Profit
2,7292,5332,6202,6102,5912,3712,3402,2102,1112,0192,0712,0101,933
⌄
1,4601,4421,4441,3941,4041,3431,3991,0831,0441,0051,039989988
Operating Profit
1,2691,0911,1761,2161,1871,0289411,1271,0671,0141,0321,021945
-233-225-223-225-232-232-201-131-136-130-128-127-125
Profit Before Tax
1,024891935775928788700995894869644872809
Tax
238168193172201151102235214162175210196
⌄
785723742603726637598760680708493663615
Diluted NI Avail to Com Stockholders Ann.
785723742603726637598760680708493663615
Basic EPS
21.81.81.51.81.61.51.91.71.81.21.61.5
Diluted EPS After ExtraOrdinary
21.81.921.91.71.721.81.81.71.61.5
Number Of Shares End
401.5403.2403403402.6402.3401.5401.5401.3401.7402.2404405.9
Net Income Continuing Discontinued Operations
785723742603726637598760680708493663615
Normalized Income
813731780801777673688790732706703664617
Interest Income
-------------
Interest
233225223225232232201131136130128127125
Net Interest Income
-233-225-223-225-232-232-201-131-136-130-128-127-125
EBIT
1,2571,1161,1581,0001,1601,0209011,1261,030999772999934
EBITDA
1,9951,8121,9281,7291,8681,6761,5531,6841,5731,5131,2981,5181,455
Reconciled Cost Of Rev.
3,9553,6943,6933,8333,8393,6473,5533,3993,2913,1403,1463,1883,186
Reconciled Depr.
738696770729708656652558543514526519521
Profit From Continuing Operations
786723742603727637598760680707469662613
Normalized EBITDA
2,0111,7901,9491,9561,9041,6911,5821,6921,6311,5111,5451,5181,456
*All financials are in USD Million and price data in USD

Waste Management competitor comparison and performance snapshot within industry

Waste Management annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Waste Management Dec-2025 Annual Revenue is $25,204 Million which is growth of 14.2% YoY.

  • NEGATIVE

    Annual Net Profit Waste Management Dec-2025 Annual Net Profit is $2,708 Million which is growth of -1.4% YoY.

Waste Management, Inc., Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
8.6%
10.6%
 25,20422,06320,42619,69817,93115,21815,45514,91414,48513,60912,961
Cost Of Rev. Ann.
6.9%
10%
15,17515,01213,38312,60612,29411,1119,3419,4969,2499,0218,4868,231
Gross Profit Ann.
11.2%
11.6%
10,49210,1928,6807,8207,4046,8205,8775,9595,6655,4645,1234,730
Operating Exp. Ann.
12%
10.4%
5,7405,5854,5313,9973,9763,8633,3993,2052,9302,8442,7112,588
Operating Profit Ann.
10.4%
13.2%
4,7524,6074,1493,8233,4282,9572,4782,7542,7352,6202,4122,142
-
-
-906-912-598-500-378-365-425-411-374-363-376-385
Other Exp. Ann.
-
-
 -269-93-302-132-243-160-23815-66-214-697
PBT Ann.
5.5%
12.6%
3,6253,4263,4583,0212,9182,3491,8932,1052,3762,1911,8221,060
Tax Ann.
1.9%
12.6%
771717713745678532397434453242642308
⌄
6.6%
12.6%
2,8532,7082,7462,3042,2381,8161,4961,6701,9251,9491,182753
Diluted NI Avail to Com Stockholders Ann.
6.6%
12.6%
2,8532,7082,7462,3042,2381,8161,4961,6701,9251,9491,182753
EPS Ann.
7.5%
13.9%
 6.76.85.75.44.33.53.94.54.42.71.7
Diluted EPS Ann.
7.5%
13.9%
 6.76.85.75.44.33.53.94.54.42.71.7
Number Of Shares End
-0.5%
-0.9%
 403401.5402.2409.2417.7422.7424.6425.5434.3441.1447.3
Total Exp. Ann.
8.2%
10.1%
 20,59717,91416,60316,27014,97412,74012,70112,17911,86511,19710,819
Net Income Continuing Discontinued Operations Ann.
6.6%
12.6%
2,8532,7082,7462,3042,2381,8161,4961,6701,9251,9491,182753
Normalized Income Ann.
9.3%
12.1%
3,1253,0312,9162,5192,3212,0461,7131,8811,8131,4251,2961,188
Interest Income Ann.
-
-
 -----------
Interest Ann.
34.1%
16.5%
906912598500378365425411374363376385
EBITDA Ann.
10.5%
12.5%
7,4647,2016,3235,5925,3344,7133,9894,0904,2273,9303,4992,690
Reconciled Cost Of Rev. Ann.
6.9%
10%
15,17515,01213,38312,60612,29411,1119,3419,4969,2499,0218,4868,231
Reconciled Depr. Ann.
12%
11.4%
2,9332,8632,2672,0712,0381,9991,6711,5741,4771,3761,3011,245
Profit From Continuing Operations Ann.
6.5%
12.6%
2,8542,7092,7452,2762,2401,8171,4961,6711,9231,9491,180752
Normalized EBITDA Ann.
11.6%
12.9%
7,7067,5006,4165,8405,3974,9254,0864,2234,1733,9203,6193,342
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
14.2%
2Y CAGR
11.1%
3Y CAGR
8.6%
5Y CAGR
10.6%
7Y CAGR
7.8%
10Y CAGR
6.9%
Total Revenue Annual growth is higher than historical averages.
Net Profit Ann.
1Y CHG
-1.4%
2Y CAGR
8.4%
3Y CAGR
6.6%
5Y CAGR
12.6%
7Y CAGR
5%
10Y CAGR
13.7%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
23.3%
2Y CAGR
18.2%
3Y CAGR
12%
5Y CAGR
10.4%
7Y CAGR
9.7%
10Y CAGR
8%
Operating Expenses Annual Cr growth is higher than historical averages.

Waste Management balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Waste Management Dec-2025 Total Shareholders Fund is $9,990 Million which is growth of 21.1% YoY.

  • POSITIVE

    Total Assets Waste Management Dec-2025 Total Assets is $45,835 Million which is growth of 2.8% YoY.

Waste Management, Inc., Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
13.5%
9.3%
45,83544,56732,82331,36729,09729,34527,74322,65021,82920,85920,419
⌄
13.5%
10.4%
35,84436,31325,92724,50321,97121,89120,67316,37415,78715,53915,052
⌄
13.4%
6%
9,9908,2526,9036,8497,1247,4527,0686,2756,0195,2975,345
Total Capitalization Ann.
14.5%
9.2%
32,18630,79322,79821,41919,82120,71120,34815,86914,77114,19014,073
Tangible Assets Ann.
-
-
-7,657-9,374-3,110-3,301-2,802-2,56615-727-775-1,509-1,116
Working Capital Ann.
-
-
-614-1,484-422-843-1,013-133,065-463-638-418-165
Invested Capital Ann.
14.6%
9.1%
32,89732,15223,13221,83320,52921,26220,56616,30115,51014,60714,326
Tangible Book Value Ann.
-
-
-7,657-9,374-3,110-3,301-2,802-2,56615-727-775-1,509-1,116
Borrowings Ann.
15.2%
10.7%
22,90723,90016,22914,98413,40513,81013,49810,0269,4919,3108,981
Net Debt Ann.
15.8%
11.4%
22,70623,48615,77114,63313,28713,2579,9379,9659,4699,2788,942
Share Issued Ann.
0%
0%
630.3630.3630.3630.3630.3630.3630.3630.3630.3630.3630.3
Number Of Shares End
-0.5%
-0.9%
403401.5402.2409.2417.7422.7424.6425.5434.3441.1447.3
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
2.8%
2Y CAGR
18.2%
3Y CAGR
13.5%
5Y CAGR
9.3%
7Y CAGR
10.6%
10Y CAGR
8.4%
Total Assets Annual growth is lower than historical averages.
Total Current Liabilities Ann.
1Y CHG
-11.7%
2Y CAGR
14.3%
3Y CAGR
7.9%
5Y CAGR
9.2%
7Y CAGR
8.6%
10Y CAGR
8.2%
Total Current Liabilities Annual Cr is falling faster than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
21.1%
2Y CAGR
20.3%
3Y CAGR
13.4%
5Y CAGR
6%
7Y CAGR
6.9%
10Y CAGR
6.5%
Total ShareHolders Funds Annual growth is higher than historical averages.

Waste Management ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • POSITIVE

    Book Value Per Share Waste Management Book Value Per Share is $25 which is growth of 20.7% YoY.

  • NEUTRAL

    ROE Waste Management ROE is 0% which is growth of 0% YoY.

Waste Management, Inc., Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-7.10%7.18%7.40%6.21%5.24%6.63%8.66%9.13%5.73%3.60%
ROE Ann. %
-
-
-36.24%33.51%32.03%24.92%20.61%25.03%31.32%34.45%22.21%13.43%
ROIC %
-
-
-2.72.62.72.82.72.73.76.42.72.4
OPM Ann. %
1.7%
2.3%
18.28%18.81%18.72%17.40%16.49%16.28%17.82%18.34%18.09%17.72%16.53%
Inventory Turnover Ratio Ann.
-
-
-70.674.882.285.881.291.393.49793.383.1
Asset Turnover Ann. %
-
-
-0.60.60.70.60.50.60.70.70.70.6
Working Capital Turnover Ann.
-
-
-41.1-14.9-48.4-23.4-17.7-1,170.65-32.2-22.7-32.6-78.6
Quick Ratio Ann.
-
-
-0.70.80.70.70.91.90.80.70.80.9
Current Ratio Ann.
-
-
-0.80.90.80.8120.90.80.90.9
Interest Coverage Ratio Ann.
-
-
-6.878.77.45.56.17.475.93.8
LT Debt To Equity Ann.
-
-
-2.72.32.11.81.81.91.51.51.71.6
*All financials are in USD Million and price data in USD

Waste Management cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity Waste Management Dec-2025 Cash From Operating Activity is $6,043 Million which is growth of 12.1% YoY.

  • NEGATIVE

    Net Cash Flow Waste Management Dec-2025 Net Cash Flow is $-196 Million which is growth of -250.0% YoY.

Waste Management, Inc., Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
10%
12.2%
6,0435,3904,7194,5364,3383,4033,8743,5703,1802,9602,498
-
-
-3,566-10,601-3,091-3,063-1,894-4,847-2,376-2,169-1,379-1,932-1,608
-
-
-2,6735,155-1,524-1,216-2,900-1,5591,964-1,508-1,811-1,035-2,155
Cash Plus Cash Eqv. End Of Year Ann.
-12.6%
-14.4%
2974875524451946483,647183223239
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-196-56104257-456-3,0033,462-107-10-7-1,265
Cash Plus Cash Eqv. Begin Of Year Ann.
35.9%
-33.1%
4875524451946483,64718329332391,307
Income Tax Paid Supplemental Data Ann.
-
-
494656636--------
Interest Paid Supplemental Data Ann.
-
-
927530447--------
Capex Ann.
-
-
-3,227-3,231-2,895-2,587-1,904-1,632-1,818-1,694-1,509-1,339-1,233
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
32.9%
21.9%
20,41424,57821,3068,6887,9487,5984,6838121,5403,0572,337
Repayment Of Debt Ann.
-
-
-21,747-17,870-20,394-7,328-8,404-7,807-1,534-499-1,907-2,682-2,764
Repurchase Of Capital Stock Ann.
-
-
-262-1,302-1,500-1,350-402-248-1,004-750-725-600
Free Cash Flow Ann.
13.1%
9.7%
2,8162,1591,8241,9492,4341,7712,0561,8761,6711,6211,265
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
12.1%
2Y CAGR
13.2%
3Y CAGR
10%
5Y CAGR
12.2%
7Y CAGR
7.8%
10Y CAGR
9.2%
Cash from Operating Activity Annual growth is stable compared to historical averages.