Waste Management, Inc. (WM) — Financial statements
Income statement, balance sheet, and cash flow for Waste Management, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 25,204↑14.2% | 22,063↑8.0% | 20,426↑3.7% | 19,698↑9.9% | 17,931 | |
| Cost of Revenue | 17,875↑14.2% | 15,650↑6.6% | 14,677↑2.4% | 14,332↑9.3% | 13,110 | |
| Gross Profit | 7,329↑14.3% | 6,413↑11.5% | 5,749↑7.1% | 5,366↑11.3% | 4,821 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,722↑20.2% | 2,264↑17.5% | 1,926↓0.1% | 1,928↑6.3% | 1,813 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,722↑20.2% | 2,264↑17.5% | 1,926↓0.1% | 1,928↑6.3% | 1,813 | |
| Total Costs & Expenses | 20,597↑15.0% | 17,914↑7.9% | 16,603↑2.1% | 16,260↑9.0% | 14,923 | |
| Operating Results | ||||||
| Operating Income | 4,607↑11.0% | 4,149↑8.5% | 3,823↑11.2% | 3,438↑14.3% | 3,008 | |
| Depreciation & Amortization | 2,863↑19.3% | 2,400↑9.0% | 2,201↑2.4% | 2,150↑1.9% | 2,110 | |
| EBITDA | 7,201↑11.5% | 6,456↑12.8% | 5,722↑5.1% | 5,446↑12.9% | 4,824 | |
| EBIT | 4,338↑7.0% | 4,056↑15.2% | 3,521↑6.8% | 3,296↑21.4% | 2,714 | |
| Interest & Other Income | ||||||
| Net Interest Income | -912↓52.5% | -598↓19.6% | -500↓32.3% | -378↓3.6% | -365 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 912↑52.5% | 598↑19.6% | 500↑32.3% | 378↑3.6% | 365 | |
| Non-Operating Income | 269↑189.2% | 93↓69.2% | 302↑112.7% | 142↓51.7% | 294 | |
| Other Income / Expenses | -1,181↓70.9% | -691↑13.8% | -802↓54.2% | -520↑21.1% | -659 | |
| Income Before Tax | 3,426↓0.9% | 3,458↑14.5% | 3,021↑3.5% | 2,918↑24.2% | 2,349 | |
| Income Tax Expense | 717↑0.6% | 713↓4.3% | 745↑9.9% | 678↑27.4% | 532 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,709↓1.3% | 2,745↑20.6% | 2,276↑1.6% | 2,240↑23.3% | 1,817 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,708↓1.4% | 2,746↑19.2% | 2,304↑2.9% | 2,238↑23.2% | 1,816 | |
| Bottom-Line Net Income | 2,708↓1.4% | 2,746↑19.2% | 2,304↑2.9% | 2,238↑23.2% | 1,816 | |
| EPS (Basic) | 6.72↓1.8% | 6.84↑20.2% | 5.69↑5.0% | 5.42↑25.5% | 4.32 | |
| EPS (Diluted) | 6.70↓1.6% | 6.81↑20.3% | 5.66↑5.0% | 5.39↑25.6% | 4.29 | |
| Weighted Average Shares | 403↑0.3% | 402↓0.8% | 405↓1.9% | 413↓1.8% | 420 | |
| Weighted Average Diluted Shares | 404↑0.2% | 403↓0.9% | 407↓2.0% | 415↓1.9% | 423 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.