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Waste Management, Inc.

EDGAR
WM Quarterly report (10-Q) · filed 2026-10-28

Annual consolidated revenue for 2025: about Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 25.2B, using the latest reported figures. The previous period, 2024, was about Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 22.06B.

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Watchlist

Latest quarter

Revenue

6.85 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 6846000000 USD Source

Operating margin

18.68%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 1279000000 USD Source
  • Revenue: 6846000000 USD Source
Cash and cash equivalents
247 million USD Source
Exact value

247000000 USD

Long-term debt including current maturities
Not available
Shares outstanding
398 million shares Source
Exact value

397700000 shares

Reported share-count change

-1.29% · -5.2 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 402900000 shares · 2025-09-30· Source
  • 397700000 shares · 2026-09-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-28.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2022-12-31
  • Total assets: Multiple units; comparison withheld· newest 2025-12-31
  • Total liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Current assets: Multiple units; comparison withheld· newest 2025-12-31
  • Current liabilities: Multiple units; comparison withheld· newest 2025-12-31
  • Cash and cash equivalents: Multiple units; comparison withheld· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 3 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +14.2%

    Prior period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 22.06 billion

    –

    Current period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 25.2 billion

    –

    Exact inputs and evidence

    25204000000 − 22063000000 = 3141000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

    22063000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    25204000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2025-01-01 – 2025-12-31

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  • Net income

    -1.4%

    Prior period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.75 billion

    –

    Current period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.71 billion

    –

    Exact inputs and evidence

    2708000000 − 2746000000 = -38000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

    2746000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2708000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +12.1%

    Prior period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 5.39 billion

    –

    Current period

    Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 6.04 billion

    –

    Exact inputs and evidence

    6043000000 − 5390000000 = 653000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

    5390000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2024-01-01 – 2024-12-31

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    6043000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 25.2 billion 100% of revenue
  • Operating costs Derived Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 20.9 billion 83% of revenue
  • Operating income Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 4.31 billion 17% of revenue
  • Tax, interest and other Derived Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 1.6 billion 6.3% of revenue
  • Net income Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.71 billion 11% of revenue

Cash

  • Operating cash flow Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 6.04 billion 24% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 11%82%
  • 2024 12%82%
  • 2025 11%83%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-3120426000000 16851000000 Derived 3575000000 1271000000 Derived 2304000000 Unavailable
Source
2024 2024-01-01 – 2024-12-3122063000000 18000000000 Derived 4063000000 1317000000 Derived 2746000000 Unavailable
Source
2025 2025-01-01 – 2025-12-3125204000000 20896000000 Derived 4308000000 1600000000 Derived 2708000000 Unavailable
Source

Amounts are exact, in Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 25.2B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.27.2B20.4B13.6B6.8B0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA)Source evidence
2023Revenue20426000000
2024Revenue22063000000
2025Revenue25204000000

Revenue growth

Change in revenue from the same financial period one year earlier.

14.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.4%11.5%7.7%3.8%0.0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year8%
2025Year over year14.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 17.1% 2025
Net margin 10.7% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.9%14.9%9.9%5.0%0.0%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin17.5%
2024Operating margin18.4%
2025Operating margin17.1%
2023Net margin11.3%
2024Net margin12.4%
2025Net margin10.7%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 6B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.5B4.9B3.3B1.6B0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA)Source evidence
2023Operating cash flow4719000000
2024Operating cash flow5390000000
2025Operating cash flow6043000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA)Source evidence
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Liabilities / assetsNot reportedNo source recorded
2024-12-31Liabilities / assetsNot reportedNo source recorded
2025-12-31Liabilities / assetsNot reportedNo source recorded

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.3 billion
Exact value

Exact value: 2304000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2023-01-01 – 2023-12-31: 2304000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Net Income Open source
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Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 4.72 billion
Exact value

Exact value: 4719000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2023-01-01 – 2023-12-31: 4719000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.75 billion
Exact value

Exact value: 2746000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2024-01-01 – 2024-12-31: 2746000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Net Income Open source
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Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 5.39 billion
Exact value

Exact value: 5390000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2024-01-01 – 2024-12-31: 5390000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 2.71 billion
Exact value

Exact value: 2708000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2025-01-01 – 2025-12-31: 2708000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Net Income Open source
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Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA 6.04 billion
Exact value

Exact value: 6043000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA

2025-01-01 – 2025-12-31: 6043000000 Unit_Standard_USD_ueWfyj4nEkScDEKGXYaYbA Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

165 filings · 22,462 latest values · 22,462 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000823768, 823768, WM, edgar:823768

Also known as USA WASTE SERVICES INC, WASTE MANAGEMENT INC, Waste Management, Inc, Waste Management, Inc.