Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Waste Management Inc. Revenue & Financial Statements
Waste Management Inc. reported revenue of $25.2B for the fiscal year ended December 31, 2025, up 14.2% year over year, with net income of $2.7B and diluted EPS of $6.70.
- Company
- Waste Management Inc. WM · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 17.9B | 19.7B | 20.4B | 22.1B | 25.2B |
| Cost of revenue | 11.1B | 12.3B | 12.6B | 13.4B | 15.0B |
| Gross profit | 6.8B | 7.4B | 7.8B | 8.7B | 10.2B |
| Operating income | 3.0B | 3.4B | 3.6B | 4.1B | 4.3B |
| Pretax income | 2.2B | 2.8B | 2.9B | 3.3B | 119.0M |
| Net income | 1.8B | 2.2B | 2.3B | 2.7B | 2.7B |
| Diluted EPS | 4.29 | 5.39 | 5.66 | 6.81 | 6.70 |
| EBITDA | 5.0B | 5.4B | 5.6B | 6.3B | 7.2B |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.2B | 5.4B | 5.6B | 5.9B | 6.0B | 6.4B | 6.4B | 6.3B |
| Cost of revenue | 3.1B | 3.3B | 3.4B | 3.6B | 3.6B | 3.8B | 3.8B | 3.7B |
| Gross profit | 2.0B | 2.1B | 2.2B | 2.3B | 2.4B | 2.6B | 2.6B | 2.6B |
| Operating income | 1.0B | 1.0B | 1.1B | 919.0M | 1.0B | 1.2B | 989.0M | 1.2B |
| Pretax income | 869.0M | 894.0M | 995.0M | 700.0M | 788.0M | 928.0M | 775.0M | 935.0M |
| Net income | 708.0M | 680.0M | 760.0M | 598.0M | 637.0M | 726.0M | 603.0M | 742.0M |
| Diluted EPS | 1.75 | 1.69 | 1.88 | 1.48 | 1.58 | 1.80 | 1.49 | 1.83 |
| EBITDA | 1.5B | 1.6B | 1.7B | 1.6B | 1.7B | 1.9B | 1.7B | 1.9B |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 29.1B | 31.4B | 32.8B | 44.6B | 45.8B |
| Current assets | 3.1B | 3.6B | 3.8B | 4.8B | 4.9B |
| Cash & equivalents | 118.0M | 351.0M | 458.0M | 414.0M | 201.0M |
| Total liabilities | 22.0B | 24.5B | 25.9B | 36.3B | 35.8B |
| Current liabilities | 4.1B | 4.4B | 4.2B | 6.3B | 5.5B |
| Long-term debt | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Stockholders’ equity | 7.1B | 6.8B | 6.9B | 8.3B | 10.0B |
| Net debt | — | — | — | — | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 4.3B | 4.5B | 4.7B | 5.4B | 6.0B |
| Investing cash flow | (1.9B) | (3.1B) | (3.1B) | (10.6B) | (3.6B) |
| Financing cash flow | (2.9B) | (1.2B) | (1.5B) | 5.2B | (2.7B) |
| Capital expenditure | 2.0B | 2.8B | — | — | — |
| Free cash flow | 2.3B | 1.7B | — | — | — |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 108.0M | 84.0M | 93.0M | 118.0M | 169.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
Every WM filing, connected
Financials beside price, insider trades, and 8-K events — with alerts the moment something new is filed.