WASTE MANAGEMENT INC (WM)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-312013-Dec-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue6,443,000,000$6,430,000,000$6,018,000,000$5,893,000,000$5,609,000,000$5,402,000,000$5,159,000,000$5,217,000,000$5,198,000,000$5,119,000,000$4,892,000,000$4,935,000,000$5,075,000,000$5,027,000,000$4,661,000,000$4,678,000,000$4,665,000,000$4,476,000,000$4,112,000,000$4,067,000,000$3,861,000,000$3,561,000,000$3,729,000,000$3,846,000,000$3,967,000,000$3,946,000,000$3,696,000,000$3,842,000,000$3,822,000,000$3,739,000,000$3,511,000,000$3,652,000,000$3,716,000,000$3,677,000,000$3,440,000,000$3,460,000,000$3,548,000,000$3,425,000,000$3,176,000,000$3,246,000,000$3,360,000,000$3,315,000,000$3,040,000,000$3,437,000,000$3,602,000,000$3,561,000,000$3,396,000,000$3,500,000,000$
QoQ%.20%6.85%2.12%5.06%3.83%4.71%(1.11%).37%1.54%4.64%(.87%)(2.76%).96%7.85%(.36%).28%4.22%8.85%1.11%5.34%8.43%(4.51%)(3.04%)(3.05%).53%6.76%(3.80%).52%2.22%6.49%(3.86%)(1.72%)1.06%6.89%(.58%)(2.48%)3.59%7.84%(2.16%)(3.39%)1.36%9.05%(11.55%)(4.58%)1.15%4.86%(2.97%)(3.34%)
YoY%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%10.27%5.75%(2.67%)(9.76%).89%.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%)(.53%).99%1.80%1.92%
Cost Of Revenue3,833,000,000$3,839,000,000$3,647,000,000$3,553,000,000$3,399,000,000$3,291,000,000$3,140,000,000$3,146,000,000$3,188,000,000$3,186,000,000$3,086,000,000$3,093,000,000$3,156,000,000$3,142,000,000$2,903,000,000$2,955,000,000$2,906,000,000$2,736,000,000$2,514,000,000$2,500,000,000$2,332,000,000$2,180,000,000$2,329,000,000$2,314,000,000$2,441,000,000$2,443,000,000$2,298,000,000$2,379,000,000$2,373,000,000$2,313,000,000$2,184,000,000$2,263,000,000$2,302,000,000$2,290,000,000$2,166,000,000$2,147,000,000$2,216,000,000$2,130,000,000$1,993,000,000$2,027,000,000$2,095,000,000$2,163,000,000$1,946,000,000$2,170,000,000$2,299,000,000$2,301,000,000$2,232,000,000$2,267,000,000$
Gross Profit2,610,000,000$2,591,000,000$2,371,000,000$2,340,000,000$2,210,000,000$2,111,000,000$2,019,000,000$2,071,000,000$2,010,000,000$1,933,000,000$1,806,000,000$1,842,000,000$1,919,000,000$1,885,000,000$1,758,000,000$1,723,000,000$1,759,000,000$1,740,000,000$1,598,000,000$1,567,000,000$1,529,000,000$1,381,000,000$1,400,000,000$1,532,000,000$1,526,000,000$1,503,000,000$1,398,000,000$1,463,000,000$1,449,000,000$1,426,000,000$1,327,000,000$1,389,000,000$1,414,000,000$1,387,000,000$1,274,000,000$1,313,000,000$1,332,000,000$1,295,000,000$1,183,000,000$1,219,000,000$1,265,000,000$1,152,000,000$1,094,000,000$1,267,000,000$1,303,000,000$1,260,000,000$1,164,000,000$1,233,000,000$
Gross Margin40.51%40.30%39.40%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%38.86%38.53%39.60%38.78%37.54%39.83%38.47%38.09%37.83%38.08%37.91%38.14%37.80%38.03%38.05%37.72%37.04%37.95%37.54%37.81%37.25%37.55%37.65%34.75%35.99%36.86%36.17%35.38%34.28%35.23%
Operating Expenses1,621,000,000$1,440,000,000$1,358,000,000$1,421,000,000$1,091,000,000$1,102,000,000$1,003,000,000$1,286,000,000$989,000,000$989,000,000$981,000,000$1,077,000,000$977,000,000$995,000,000$990,000,000$1,005,000,000$953,000,000$949,000,000$948,000,000$913,000,000$849,000,000$854,000,000$827,000,000$877,000,000$792,000,000$807,000,000$777,000,000$696,000,000$750,000,000$711,000,000$719,000,000$685,000,000$713,000,000$714,000,000$716,000,000$696,000,000$772,000,000$684,000,000$675,000,000$717,000,000$664,000,000$650,000,000$654,000,000$515,000,000$757,000,000$728,000,000$695,000,000$1,643,000,000$
Operating Income989,000,000$1,151,000,000$1,013,000,000$919,000,000$1,119,000,000$1,009,000,000$1,016,000,000$785,000,000$1,021,000,000$944,000,000$825,000,000$765,000,000$942,000,000$890,000,000$768,000,000$718,000,000$806,000,000$791,000,000$650,000,000$654,000,000$680,000,000$527,000,000$573,000,000$655,000,000$734,000,000$696,000,000$621,000,000$767,000,000$699,000,000$715,000,000$608,000,000$704,000,000$701,000,000$673,000,000$558,000,000$617,000,000$560,000,000$611,000,000$508,000,000$502,000,000$601,000,000$502,000,000$440,000,000$752,000,000$546,000,000$532,000,000$469,000,000$(410,000,000$)
Operating Margin15.35%17.90%16.83%15.60%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%15.81%16.08%17.61%14.80%15.37%17.03%18.50%17.64%16.80%19.96%18.29%19.12%17.32%19.28%18.86%18.30%16.22%17.83%15.78%17.84%16.00%15.47%17.89%15.14%14.47%21.88%15.16%14.94%13.81%(11.71%)
Interest Income0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$2,000,000$
Interest Expenses225,000,000$232,000,000$232,000,000$201,000,000$131,000,000$136,000,000$130,000,000$128,000,000$127,000,000$125,000,000$120,000,000$109,000,000$91,000,000$93,000,000$85,000,000$83,000,000$87,000,000$98,000,000$97,000,000$97,000,000$97,000,000$119,000,000$112,000,000$110,000,000$105,000,000$100,000,000$96,000,000$97,000,000$93,000,000$93,000,000$91,000,000$91,000,000$90,000,000$90,000,000$92,000,000$94,000,000$94,000,000$93,000,000$95,000,000$91,000,000$95,000,000$95,000,000$104,000,000$114,000,000$116,000,000$115,000,000$121,000,000$116,000,000$
Income Before Tax775,000,000$928,000,000$788,000,000$700,000,000$995,000,000$894,000,000$869,000,000$644,000,000$872,000,000$809,000,000$696,000,000$643,000,000$828,000,000$776,000,000$671,000,000$642,000,000$706,000,000$456,000,000$545,000,000$547,000,000$516,000,000$395,000,000$435,000,000$531,000,000$615,000,000$497,000,000$462,000,000$659,000,000$597,000,000$609,000,000$511,000,000$584,000,000$603,000,000$570,000,000$434,000,000$510,000,000$457,000,000$459,000,000$396,000,000$397,000,000$496,000,000$389,000,000$(222,000,000$)599,000,000$414,000,000$402,000,000$336,000,000$(603,000,000$)
Tax Expenses172,000,000$201,000,000$151,000,000$102,000,000$235,000,000$214,000,000$162,000,000$175,000,000$210,000,000$196,000,000$164,000,000$143,000,000$189,000,000$189,000,000$157,000,000$136,000,000$167,000,000$105,000,000$124,000,000$109,000,000$126,000,000$88,000,000$74,000,000$84,000,000$120,000,000$115,000,000$115,000,000$128,000,000$99,000,000$110,000,000$116,000,000$(319,000,000$)215,000,000$209,000,000$137,000,000$176,000,000$153,000,000$173,000,000$140,000,000$124,000,000$159,000,000$116,000,000$(91,000,000$)1,000,000$133,000,000$180,000,000$99,000,000$(4,000,000$)
Net Income603,000,000$727,000,000$637,000,000$598,000,000$760,000,000$680,000,000$707,000,000$469,000,000$662,000,000$613,000,000$532,000,000$500,000,000$639,000,000$587,000,000$514,000,000$506,000,000$539,000,000$351,000,000$421,000,000$438,000,000$390,000,000$307,000,000$361,000,000$447,000,000$495,000,000$382,000,000$347,000,000$531,000,000$498,000,000$499,000,000$395,000,000$903,000,000$388,000,000$361,000,000$297,000,000$334,000,000$304,000,000$286,000,000$256,000,000$273,000,000$337,000,000$273,000,000$(131,000,000$)598,000,000$281,000,000$222,000,000$237,000,000$(599,000,000$)
Profit Margin9.36%11.31%10.59%10.15%13.55%12.59%13.70%8.99%12.74%11.98%10.88%10.13%12.59%11.68%11.03%10.82%11.55%7.84%10.24%10.77%10.10%8.62%9.68%11.62%12.48%9.68%9.39%13.82%13.03%13.35%11.25%24.73%10.44%9.82%8.63%9.65%8.57%8.35%8.06%8.41%10.03%8.24%(4.31%)17.40%7.80%6.23%6.98%(17.11%)
TTM10.35%11.37%11.67%12.44%12.23%12.00%11.85%11.14%11.45%11.41%11.33%11.37%11.55%11.28%10.34%10.13%10.10%9.69%9.97%9.83%10.04%10.66%10.88%10.81%11.36%11.49%12.42%12.89%15.59%14.95%14.06%13.46%9.66%9.18%8.80%8.67%8.35%8.72%8.70%5.80%8.19%7.62%7.11%9.56%1.00%1.12%1.36%.93%
Earnings to Minority0$1,000,000$0$0$0$(1,000,000$)(24,000,000$)(1,000,000$)(2,000,000$)(1,000,000$)1,000,000$0$0$1,000,000$0$1,000,000$0$0$1,000,000$0$(1,000,000$)0$(1,000,000$)2,000,000$(1,000,000$)(1,000,000$)(1,000,000$)2,000,000$(1,000,000$)(2,000,000$)0$2,000,000$(1,000,000$)(2,000,000$)8,000,000$11,000,000$12,000,000$9,000,000$6,000,000$
Earnings to Common Shareholders603,000,000$726,000,000$637,000,000$598,000,000$760,000,000$680,000,000$708,000,000$493,000,000$663,000,000$615,000,000$533,000,000$499,000,000$639,000,000$587,000,000$513,000,000$506,000,000$538,000,000$351,000,000$421,000,000$438,000,000$390,000,000$307,000,000$361,000,000$447,000,000$495,000,000$381,000,000$347,000,000$531,000,000$499,000,000$499,000,000$396,000,000$903,000,000$386,000,000$362,000,000$298,000,000$335,000,000$302,000,000$287,000,000$258,000,000$273,000,000$335,000,000$274,000,000$(129,000,000$)590,000,000$270,000,000$210,000,000$228,000,000$(605,000,000$)
QoQ%(16.94%)13.97%6.52%(21.32%)11.77%(3.96%)43.61%(25.64%)7.81%15.39%6.81%(21.91%)8.86%14.43%1.38%(5.95%)53.28%(16.63%)(3.88%)12.31%27.04%(14.96%)(19.24%)(9.70%)29.92%9.80%(34.65%)6.41%.00%26.01%(56.15%)133.94%6.63%21.48%(11.05%)10.93%5.23%11.24%(5.50%)(18.51%)22.26%312.40%(121.86%)118.52%28.57%(7.90%)137.69%(307.90%)
YoY%(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%16.62%(2.01%)(21.21%)(19.42%)4.04%(15.82%)(.80%)(23.65%)(12.37%)(41.20%)29.28%37.85%32.89%169.55%27.82%26.13%15.50%22.71%(9.85%)4.75%300.00%(53.73%)24.07%30.48%(156.58%)197.52%(7.22%)(13.93%)35.71%(370.09%)
Earnings Per Share, Basic1.50$1.80$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$0.85$1.05$1.17$0.90$0.82$1.25$1.17$1.16$0.91$2.08$0.88$0.82$0.68$0.76$0.68$0.65$0.58$0.61$0.75$0.60$(0.28$)1.29$0.59$0.45$0.49$(1.29$)
Earnings Per Share, Diluted1.49$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$1.27$0.83$0.99$1.03$0.92$0.72$0.85$1.04$1.16$0.89$0.81$1.24$1.16$1.15$0.91$2.06$0.88$0.81$0.67$0.75$0.68$0.64$0.58$0.60$0.74$0.60$(0.28$)1.27$0.58$0.45$0.49$(1.28$)
Unlevered FCF Per Share, Basic3.95$3.84$3.00$3.76$3.38$2.88$3.40$3.44$3.13$2.54$2.56$2.56$2.87$2.53$3.03$2.37$2.82$2.47$2.65$1.78$2.43$2.03$1.80$2.41$2.24$2.38$2.10$2.14$2.04$2.27$1.87$1.82$1.95$1.84$1.64$1.70$1.28$
Unlevered FCF Per Share, Diluted3.94$3.82$2.99$3.74$3.37$2.86$3.39$3.41$3.11$2.53$2.55$2.55$2.85$2.51$3.01$2.35$2.81$2.46$2.64$1.77$2.42$2.02$1.79$2.39$2.23$2.36$2.08$2.12$2.03$2.26$1.86$1.81$1.94$1.83$1.63$1.69$1.26$
Average Shares, Basic403,000,000402,600,000402,300,000401,500,000401,500,000401,300,000401,700,000402,300,000404,000,000405,900,000407,400,000409,100,000412,000,000414,400,000415,700,000417,600,000419,500,000421,600,000422,900,000422,800,000422,700,000422,300,000424,200,000424,600,000424,500,000424,800,000424,500,000425,300,000427,900,000429,900,000433,300,000434,200,000437,800,000441,900,000441,300,000441,000,000442,900,000444,000,000446,100,000447,200,000449,600,000455,500,000458,500,000458,500,000460,800,000465,900,000465,200,000467,900,000
Average Shares, Diluted404,300,000404,300,000403,900,000403,700,000403,200,000403,200,000403,500,000405,000,000405,900,000407,700,000409,000,000411,500,000414,300,000416,400,000417,800,000421,700,000422,000,000423,600,000424,300,000425,500,000424,600,000423,900,000426,400,000428,200,000427,400,000427,500,000426,900,000429,900,000430,800,000432,300,000435,800,000438,300,000440,800,000444,400,000444,100,000445,000,000445,700,000446,700,000448,600,000454,400,000452,700,000458,000,000458,500,000463,900,000463,600,000468,000,000466,900,000472,100,000
EBIT1,000,000,000$1,160,000,000$1,020,000,000$901,000,000$1,126,000,000$1,030,000,000$999,000,000$772,000,000$999,000,000$934,000,000$816,000,000$752,000,000$919,000,000$869,000,000$756,000,000$725,000,000$793,000,000$554,000,000$642,000,000$644,000,000$613,000,000$514,000,000$547,000,000$641,000,000$720,000,000$597,000,000$558,000,000$756,000,000$690,000,000$702,000,000$602,000,000$675,000,000$693,000,000$660,000,000$526,000,000$604,000,000$551,000,000$552,000,000$491,000,000$488,000,000$591,000,000$484,000,000$(118,000,000$)713,000,000$530,000,000$517,000,000$457,000,000$(487,000,000$)
EBITDA1,729,000,000$1,868,000,000$1,676,000,000$1,553,000,000$1,684,000,000$1,573,000,000$1,513,000,000$1,298,000,000$1,518,000,000$1,455,000,000$1,321,000,000$1,297,000,000$1,422,000,000$1,377,000,000$1,238,000,000$1,235,000,000$1,310,000,000$1,054,000,000$1,114,000,000$1,080,000,000$1,032,000,000$928,000,000$949,000,000$1,036,000,000$1,124,000,000$1,006,000,000$924,000,000$1,126,000,000$1,066,000,000$1,086,000,000$949,000,000$1,017,000,000$1,043,000,000$1,016,000,000$854,000,000$917,000,000$887,000,000$892,000,000$803,000,000$789,000,000$921,000,000$806,000,000$174,000,000$1,020,000,000$859,000,000$856,000,000$774,000,000$(160,000,000$)