WM
Waste Management Inc
NYSE: WM · INDUSTRIALS · WASTE MANAGEMENT
$230.31
+1.30% today
Updated 2026-04-29
Market cap
$92.58B
P/E ratio
34.26
P/S ratio
3.67x
EPS (TTM)
$6.70
Dividend yield
1.42%
52W range
$193 – $247
Volume
2.1M
Waste Management Inc (WM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.36B | $13.31B | $13.39B | $11.79B | $12.52B | $13.38B | $13.65B | $13.98B | $14.00B | $12.96B | $13.61B | $14.48B | $14.91B | $15.46B | $15.22B | $17.93B | $19.70B | $20.43B | $22.06B | $25.20B |
| Revenue growth (YoY) | — | -0.4% | +0.6% | -11.9% | +6.1% | +6.9% | +2.0% | +2.4% | +0.1% | -7.4% | +5.0% | +6.4% | +3.0% | +3.6% | -1.5% | +17.8% | +9.9% | +3.7% | +8.0% | +14.2% |
| Cost of revenue | $9.92B | $9.64B | $9.70B | $8.41B | $9.02B | $9.77B | $10.18B | $10.45B | $10.29B | $9.48B | $9.79B | $10.40B | $10.73B | $11.07B | $11.01B | $13.11B | $14.33B | $14.68B | $15.65B | $17.88B |
| Gross profit | $3.44B | $3.67B | $3.68B | $3.38B | $3.50B | $3.61B | $3.46B | $3.55B | $3.71B | $3.48B | $3.82B | $4.09B | $4.19B | $4.38B | $4.21B | $4.82B | $5.37B | $5.75B | $6.41B | $7.33B |
| Gross margin | 25.8% | 27.6% | 27.5% | 28.7% | 27.9% | 27.0% | 25.4% | 25.4% | 26.5% | 26.9% | 28.1% | 28.2% | 28.1% | 28.4% | 27.6% | 26.9% | 27.2% | 28.1% | 29.1% | 29.1% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.39B | $1.43B | $1.48B | $1.36B | $1.46B | $1.55B | $1.47B | $1.43B | $1.44B | $1.31B | $1.37B | $1.43B | $1.40B | $1.59B | $1.67B | $1.83B | $1.89B | $1.87B | $2.21B | $2.72B |
| Operating income | $2.05B | $2.24B | $2.21B | $2.02B | $2.04B | $2.06B | $1.99B | $2.08B | $2.26B | $2.14B | $2.41B | $2.62B | $2.73B | $2.75B | $2.48B | $3.01B | $3.44B | $3.82B | $4.15B | $4.61B |
| Operating margin | 15.4% | 16.8% | 16.5% | 17.1% | 16.3% | 15.4% | 14.6% | 14.9% | 16.1% | 16.5% | 17.7% | 18.1% | 18.3% | 17.8% | 16.3% | 16.8% | 17.5% | 18.7% | 18.8% | 18.3% |
| EBITDA | $3.59B | $3.68B | $3.52B | $3.16B | $3.42B | $3.36B | $3.18B | $2.38B | $3.60B | $2.76B | $3.58B | $4.01B | $4.31B | $4.19B | $4.09B | $4.82B | $5.45B | $5.72B | $6.46B | $7.20B |
| EBITDA margin | 26.9% | 27.7% | 26.3% | 26.8% | 27.3% | 25.1% | 23.3% | 17.0% | 25.7% | 21.3% | 26.3% | 27.7% | 28.9% | 27.1% | 26.9% | 26.9% | 27.6% | 28.0% | 29.3% | 28.6% |
| EBIT | $2.18B | $2.34B | $2.16B | $1.95B | $2.13B | $2.02B | $1.79B | $966.00M | $2.21B | $1.43B | $2.19B | $2.54B | $2.74B | $2.52B | $2.32B | $2.71B | $3.30B | $3.52B | $4.06B | $4.34B |
| Interest expense | $663.00M | $593.00M | $363.00M | $472.00M | $502.00M | $504.00M | $486.00M | $472.00M | $455.00M | $369.00M | $365.00M | $351.00M | $363.00M | $411.00M | $425.00M | $365.00M | $378.00M | $500.00M | $598.00M | $912.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.15B | $1.16B | $1.09B | $994.00M | $953.00M | $961.00M | $817.00M | $98.00M | $1.30B | $753.00M | $1.18B | $1.95B | $1.93B | $1.67B | $1.50B | $1.82B | $2.24B | $2.30B | $2.75B | $2.71B |
| Net income growth (YoY) | — | +1.2% | -6.5% | -8.6% | -4.1% | +0.8% | -15.0% | -88.0% | +1224.5% | -42.0% | +57.0% | +64.9% | -1.2% | -13.2% | -10.4% | +21.4% | +23.2% | +2.9% | +19.2% | -1.4% |
| Profit margin | 8.6% | 8.7% | 8.1% | 8.4% | 7.6% | 7.2% | 6.0% | 0.7% | 9.3% | 5.8% | 8.7% | 13.5% | 12.9% | 10.8% | 9.8% | 10.1% | 11.4% | 11.3% | 12.4% | 10.7% |