WM
Waste Management Inc
$236.71
+3.38 (+1.45%)
At close · Jul 13
Market Cap
$95.06B
Shares
401,575,752
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$25.2B
+14.2%
FY2025
Net Income
$2.71B
-1.4%
FY2025
Gross Margin
40.44%
+1.1pp
FY2025
Operating Margin
17.09%
-1.3pp
FY2025
Diluted EPS
$6.70
-1.6%
FY2025
Operating Cash Flow
$6.04B
+12.1%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $25.41B | $25.2B | $22.06B | $20.43B | $19.7B | $17.93B | $15.22B | $15.46B | $14.91B | $14.49B | $13.61B | $12.96B | $14B | $13.98B | $13.65B | $13.38B | $12.52B | $11.79B | $13.39B | $13.31B | |
| -$376M | — | — | — | — | — | — | — | — | — | — | -$385M | -$466M | -$477M | -$484M | — | — | — | — | — | |
| $15.09B | $15.01B | $13.38B | $12.61B | $12.29B | $11.11B | $9.34B | $9.5B | $9.25B | $9.02B | $8.49B | $8.23B | $9B | $9.11B | $8.88B | $1.29B | — | — | — | — | |
| $10.32B | $10.19B | $8.68B | $7.82B | $7.4B | $6.82B | $5.88B | $5.96B | $5.67B | $5.46B | $5.12B | $4.73B | $4.99B | $4.87B | $4.77B | $12.09B | — | — | — | — | |
| — | 40.44% | 39.34% | 38.28% | 37.59% | 38.03% | 38.62% | 38.56% | 37.98% | 37.72% | 37.64% | 36.49% | 35.68% | 34.84% | 34.95% | 90.38% | — | — | — | — | |
| $2.74B | $2.72B | $2.26B | $1.93B | $1.94B | $1.86B | $1.73B | $1.63B | $1.45B | $1.47B | $1.41B | $1.34B | $1.48B | $1.47B | $1.47B | $1.55B | $1.46B | $1.36B | $1.48B | $1.43B | |
| — | $421M | $180M | $129M | $129M | $143M | $107M | $106M | $101M | $96M | $100M | $76M | — | — | — | — | — | — | — | — | |
| $2.91B | $2.86B | $2.27B | $2.07B | $2.04B | $2B | $1.67B | $1.57B | $1.48B | $1.38B | $1.3B | $1.25B | $1.29B | $1.33B | $1.3B | $1.23B | $1.19B | $1.17B | $1.24B | — | |
| $42M | $51M | $4M | $5M | $1M | $8M | $9M | $6M | $4M | — | $4M | $15M | $82M | $18M | $67M | $19M | -$2M | $50M | $2M | $10M | |
| $21.01B | $20.9B | $18B | $16.85B | $16.33B | $14.97B | $12.78B | $12.75B | $12.13B | $11.85B | $11.31B | $10.92B | $11.7B | $12.9B | $11.8B | $11.35B | $10.4B | $9.9B | $11.15B | $11.06B | |
| $4.41B | $4.31B | $4.06B | $3.58B | $3.37B | $2.97B | $2.43B | $2.71B | $2.79B | $2.64B | $2.3B | $2.05B | $2.3B | $1.08B | $1.85B | $2.03B | $2.12B | $1.89B | $2.23B | $2.25B | |
| — | 17.09% | 18.42% | 17.5% | 17.08% | 16.54% | 15.99% | 17.51% | 18.7% | 18.2% | 16.87% | 15.78% | 16.43% | 7.72% | 13.56% | 15.16% | 16.91% | 16% | 16.69% | 16.93% | |
| $7.32B | $7.17B | $6.33B | $5.65B | $5.4B | $4.96B | $4.11B | $4.28B | $4.27B | $4.01B | $3.6B | $3.29B | $3.59B | $2.41B | $3.15B | $3.26B | $3.31B | $3.05B | $3.47B | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $500M | $509M | $503M | $490M | $443M | $472M | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $4M | $4M | $8M | $4M | $13M | — | — | |
| $16M | $20M | -$11M | $6M | -$2M | $5M | $5M | -$50M | $2M | -$8M | -$54M | -$7M | -$29M | -$74M | -$18M | -$4M | $5M | $1M | $3M | $4M | |
| — | $10M | $4M | -$60M | -$67M | -$36M | -$68M | -$55M | -$41M | -$68M | -$44M | -$38M | -$53M | -$34M | -$46M | -$31M | -$21M | -$2M | -$4M | -$35M | |
| $3.53B | $3.43B | $3.46B | $3.02B | $2.92B | $2.35B | $1.89B | $2.11B | $2.38B | $2.19B | $1.82B | $1.06B | $1.75B | $494M | $1.3B | $1.52B | $1.63B | $1.47B | $1.8B | — | |
| $734M | $717M | $713M | $745M | $678M | $532M | $397M | $434M | $453M | $242M | $642M | $308M | $413M | $364M | $443M | $511M | $629M | $413M | $669M | $540M | |
| $2.79B | $2.71B | $2.75B | $2.3B | $2.24B | $1.82B | $1.5B | $1.67B | $1.93B | $1.95B | $1.18B | $753M | $1.3B | $98M | $817M | $961M | $953M | $994M | $1.09B | $1.16B | |
| — | 10.74% | 12.45% | 11.28% | 11.36% | 10.13% | 9.83% | 10.81% | 12.91% | 13.46% | 8.69% | 5.81% | 9.27% | 0.7% | 5.99% | 7.18% | 7.61% | 8.43% | 8.12% | 8.74% | |
| — | $1M | -$1M | -$28M | $2M | $1M | — | $1M | -$2M | — | -$2M | -$1M | $40M | $32M | $43M | $48M | $49M | $66M | $41M | $46M | |
| $1.14B | — | — | — | — | — | — | — | — | — | — | $753M | $1.3B | $98M | $817M | — | — | — | — | — | |
| $2.84B | $2.81B | $2.67B | $2.34B | $2.15B | $1.79B | $1.54B | $1.75B | $1.84B | $2.04B | $1.23B | $603M | $1.17B | $59M | $838M | $903M | $975M | — | — | — | |
| USD/shares | — | $6.72 | $6.84 | $5.69 | $5.42 | $4.32 | $3.54 | $3.93 | $4.49 | $4.44 | $2.66 | $1.66 | $2.80 | $0.21 | $1.76 | $2.05 | $1.98 | $2.02 | $2.21 | $2.25 |
| USD/shares | — | $6.70 | $6.81 | $5.66 | $5.39 | $4.29 | $3.52 | $3.91 | $4.45 | $4.41 | $2.65 | $1.65 | $2.79 | $0.21 | $1.76 | $2.04 | $1.98 | $2.01 | $2.19 | $2.23 |
| shares | — | 402.7M | 401.5M | 404.9M | 412.8M | 420.4M | 423M | 424.6M | 429.1M | 438.8M | 443.5M | 452.7M | 462.6M | 467.7M | 463.6M | 469.7M | 480.2M | 491.2M | 492.1M | — |
| shares | — | 404.2M | 403.4M | 406.9M | 415M | 422.9M | 425.1M | 427.5M | 432.2M | 441.9M | 446.5M | 455.9M | 465.6M | 469.8M | 464.4M | 471.4M | 482.2M | 493.6M | 495.4M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $12.12B in buybacks, $15.37B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
4.64×
Waste Management median 1.26×
EV/EBIT
26.72×
Waste Management median 26.72×
P/E (TTM)
34.26×
Waste Management median 41.43×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Collection and Disposal | $20,704,000,000 | $19,716,000,000 | $18,865,000,000 | $17,843,000,000 | $19,666,000,000 | — | — | — |
| East Tier Region Areas | $9,037,000,000 | $8,703,000,000 | $8,412,000,000 | — | — | — | — | — |
| West Tier Region Areas | $8,718,000,000 | $8,285,000,000 | $7,935,000,000 | — | — | — | — | — |
| All Other Segments | $2,949,000,000 | $2,728,000,000 | $2,518,000,000 | $3,545,000,000 | $3,046,000,000 | $2,364,000,000 | $2,317,000,000 | $2,487,000,000 |
| Healthcare Solutions | $2,508,000,000 | $403,000,000 | — | — | — | — | — | — |
| Recycling Processing and Sales | $1,492,000,000 | $1,603,000,000 | $1,264,000,000 | $1,516,000,000 | $1,760,000,000 | — | — | — |
| Renewable Energy Segment | $478,000,000 | $318,000,000 | $273,000,000 | $312,000,000 | $220,000,000 | — | — | — |
| Corporate And Other | $22,000,000 | $23,000,000 | $24,000,000 | $27,000,000 | $47,000,000 | — | — | — |
| Operating Group | — | — | — | $24,018,000,000 | $21,693,000,000 | $18,478,000,000 | $18,704,000,000 | $18,024,000,000 |
| Operating Segment East Tier | — | — | — | $10,283,000,000 | $9,278,000,000 | $7,873,000,000 | $8,098,000,000 | — |
| Operating Segment West Tier | — | — | — | $10,190,000,000 | $9,369,000,000 | $8,241,000,000 | $8,289,000,000 | — |
| Solid Waste | — | — | — | $20,473,000,000 | $18,647,000,000 | $16,114,000,000 | $16,387,000,000 | $15,537,000,000 |
| Tier One | — | — | — | — | — | $6,052,000,000 | $6,136,000,000 | $5,730,000,000 |
| Tier Three | — | — | — | — | — | $6,235,000,000 | $6,386,000,000 | $6,132,000,000 |
| Tier Two | — | — | — | — | — | $3,827,000,000 | $3,865,000,000 | $3,675,000,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $23,911,000,000 | $21,107,000,000 | $19,595,000,000 | $18,860,000,000 | $17,136,000,000 | $14,505,000,000 | $14,701,000,000 | $14,167,000,000 |
| Canada | $967,000,000 | $852,000,000 | $813,000,000 | $838,000,000 | $795,000,000 | $713,000,000 | $754,000,000 | $747,000,000 |
| Western Europe and Other Countries | $326,000,000 | $104,000,000 | $18,000,000 | — | — | — | — | — |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Collection and Disposal | $20,704,000,000 | $19,716,000,000 | $18,865,000,000 | — | — | — | — | — |
| Collection | $15,421,000,000 | $14,890,000,000 | $14,356,000,000 | $13,169,000,000 | $11,675,000,000 | $10,053,000,000 | $10,240,000,000 | $9,724,000,000 |
| Commercial | $5,630,000,000 | $5,371,000,000 | $5,109,000,000 | $5,450,000,000 | $4,760,000,000 | $4,102,000,000 | $4,229,000,000 | $3,972,000,000 |
| Landfill | $3,781,000,000 | $3,445,000,000 | $3,252,000,000 | $4,600,000,000 | $4,153,000,000 | $3,667,000,000 | $3,846,000,000 | — |
| Residential | $3,510,000,000 | $3,466,000,000 | $3,378,000,000 | $3,339,000,000 | $3,172,000,000 | $2,716,000,000 | $2,613,000,000 | $2,529,000,000 |
| Other Collection | $3,175,000,000 | $2,964,000,000 | $2,786,000,000 | $699,000,000 | $533,000,000 | $465,000,000 | $482,000,000 | $450,000,000 |
| Industrial | $3,106,000,000 | $3,089,000,000 | $3,083,000,000 | $3,681,000,000 | $3,210,000,000 | $2,770,000,000 | $2,916,000,000 | $2,773,000,000 |
| Healthcare Solutions | $2,508,000,000 | $403,000,000 | — | — | — | — | — | — |
| Transfer | $1,502,000,000 | $1,381,000,000 | $1,257,000,000 | $2,143,000,000 | $2,072,000,000 | $1,855,000,000 | $1,820,000,000 | $1,711,000,000 |
| Recycling Processing and Sales | $1,492,000,000 | $1,603,000,000 | $1,264,000,000 | — | — | — | — | — |
| Renewable Energy Segment | $478,000,000 | $318,000,000 | $273,000,000 | — | — | — | — | — |
| Service Other | $22,000,000 | $23,000,000 | $24,000,000 | — | — | — | — | — |
| Landfill Line of Business | — | — | — | — | — | $3,667,000,000 | $3,846,000,000 | $3,560,000,000 |
| Other Lines of Business | — | — | — | $2,405,000,000 | $2,112,000,000 | $1,776,000,000 | $1,758,000,000 | $1,736,000,000 |
| Recycling | — | — | — | $1,701,000,000 | $1,681,000,000 | $1,127,000,000 | $1,040,000,000 | $1,293,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Collection and Disposal | $5,777,000,000 | $5,444,000,000 | $4,821,000,000 | $4,360,000,000 | $3,876,000,000 | — | — | — |
| East Tier Region Areas | $2,904,000,000 | $2,760,000,000 | $2,446,000,000 | — | — | — | — | — |
| West Tier Region Areas | $2,889,000,000 | $2,693,000,000 | $2,383,000,000 | — | — | — | — | — |
| Renewable Energy Segment | $135,000,000 | $99,000,000 | $79,000,000 | $132,000,000 | $108,000,000 | — | — | — |
| All Other Segments | -$16,000,000 | -$9,000,000 | -$8,000,000 | — | — | -$42,000,000 | -$158,000,000 | -$29,000,000 |
| Recycling Processing and Sales | -$80,000,000 | $86,000,000 | -$44,000,000 | $128,000,000 | $217,000,000 | — | — | — |
| Healthcare Solutions | -$88,000,000 | -$69,000,000 | — | — | — | — | — | — |
| Corporate And Other | -$1,436,000,000 | -$1,497,000,000 | -$1,281,000,000 | -$1,255,000,000 | -$1,236,000,000 | — | — | — |
| Operating Group | — | — | — | — | — | $3,430,000,000 | $3,623,000,000 | $3,466,000,000 |
| Operating Segment East Tier | — | — | — | — | — | $1,672,000,000 | $1,847,000,000 | — |
| Operating Segment West Tier | — | — | — | — | — | $1,800,000,000 | $1,934,000,000 | — |
| Solid Waste | — | — | — | — | — | $3,472,000,000 | $3,781,000,000 | $3,495,000,000 |
| Tier One | — | — | — | — | — | $1,575,000,000 | $1,719,000,000 | $1,655,000,000 |
| Tier Three | — | — | — | — | — | $1,071,000,000 | $1,173,000,000 | $1,028,000,000 |
| Tier Two | — | — | — | — | — | $849,000,000 | $881,000,000 | $812,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Collection and Disposal | 27.9% | 27.6% | 25.6% | 24.4% | 19.7% | — | — | — |
| East Tier Region Areas | 32.1% | 31.7% | 29.1% | — | — | — | — | — |
| West Tier Region Areas | 33.1% | 32.5% | 30% | — | — | — | — | — |
| All Other Segments | -0.5% | -0.3% | -0.3% | — | — | -1.8% | -6.8% | -1.2% |
| Healthcare Solutions | -3.5% | -17.1% | — | — | — | — | — | — |
| Recycling Processing and Sales | -5.4% | 5.4% | -3.5% | 8.4% | 12.3% | — | — | — |
| Renewable Energy Segment | 28.2% | 31.1% | 28.9% | 42.3% | 49.1% | — | — | — |
| Corporate And Other | -6527.3% | -6508.7% | -5337.5% | -4648.1% | -2629.8% | — | — | — |
| Operating Group | — | — | — | — | — | 18.6% | 19.4% | 19.2% |
| Operating Segment East Tier | — | — | — | — | — | 21.2% | 22.8% | — |
| Operating Segment West Tier | — | — | — | — | — | 21.8% | 23.3% | — |
| Solid Waste | — | — | — | — | — | 21.5% | 23.1% | 22.5% |
| Tier One | — | — | — | — | — | 26% | 28% | 28.9% |
| Tier Three | — | — | — | — | — | 17.2% | 18.4% | 16.8% |
| Tier Two | — | — | — | — | — | 22.2% | 22.8% | 22.1% |
Key facts
CIK
823768
CUSIP
94106L109
13F (30d)
260 filings
211 filers
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