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WM · Waste Management Inc · Financials

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$224.96 -1.90 (-0.84%)
Market Cap
$90.68B
Shares
399.72M
Volume · Oct 16 2.58M Avg daily vol (3M) 2.14M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$25.2B +14.2%
FY2025 Revenue FY2007–FY2025
Net Income
$2.71B -1.4%
FY2025 Net Income FY2007–FY2025
Gross Margin
40.44% +1.1pp
FY2025 Gross Margin FY2011–FY2025
Operating Margin
17.09% -1.3pp
FY2025 Operating Margin FY2007–FY2025
Diluted EPS
$6.70 -1.6%
FY2025 Diluted EPS FY2007–FY2025
Operating Cash Flow
$6.04B +12.1%
FY2025 Operating Cash Flow FY2007–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007
$26.28B – $26.48B $25.67B $25.2BG $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 — — — — —
— $15.25B $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 — — — —
— $10.42B $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% — — — —
— $2.73B $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 — — — — — — — —
— $2.98B $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 —
— $36M $51M $4M $5M $1M $8M $9M $6M $4M — $4M $15M $82M $18M $67M $19M -$2M $50M $2M $10M
— $21.16B $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
— $4.51B $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%
— $7.49B $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 — —
— $11M $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
— $3.63B $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 —
— $771M $717M $713M $745M $678M $532M $397M $434M $453M $242M $642M $308M $413M $364M $443M $511M $629M $413M $669M $540M
— $2.85B $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 — — — — —
— $2.77B $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 — $7.09 $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 — $7.06 $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. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

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.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Debt and lease obligations 2026-06-30 USD 23,356,000,000 10-Q filed 2026-07-29
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current debt and lease obligations
USD 1,075,000,000
Noncurrent long-term debt and lease obligations
USD 22,281,000,000
1 filing observation remains unmatched and is excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.42×
Peer median 4.39×
EV/EBIT
25.16×
Peer median 25.93×
P/E (TTM)
32.13×
Peer median 38.84×

Peer medians compare against the 3 similar-size Waste Management companies (of 23 listed).

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 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Collection and Disposal $25,545,000,000 $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 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
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 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
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 $3,560,000,000
Residential $3,597,000,000 $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 $1,890,000,000 $1,576,000,000 — — — — —
Renewable Energy Segment $478,000,000 $321,000,000 $273,000,000 — — — — —
Service Other $22,000,000 $23,000,000 $24,000,000 — — — — —
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 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
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 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Collection and Disposal 22.6% 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) 417 filings 393 filers Visit website Investor relations