Waste Management (WM) income statement
NYSE · Industrials · Waste Management · 60,500 employees · CEO James C. Fish Jr.
- Price
- $233.45 +1.10%
- Market cap
- $92.8B
- Enterprise value
- $116B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-01-27 EPS est. $2.07
Waste Management (WM) reported revenue of $6.85B for Q3 '26 (+6.3% year on year), operating income of $1.28B (18.7% of revenue) and net income of $820M. Over the last four quarters revenue was $26.1B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.22B | $5.16B | $5.4B | $5.61B | $5.89B | $6.02B | $6.43B | $6.44B | $6.31B | $6.23B | $6.68B | $6.85B | |
| Cost of revenue | $3.67B | $3.65B | $3.83B | $3.96B | $4.21B | $4.3B | $4.55B | $4.56B | $4.46B | $3.69B | $3.96B | $5.57B | |
| Gross profit | $1.55B | $1.51B | $1.57B | $1.65B | $1.69B | $1.72B | $1.88B | $1.88B | $1.85B | $2.53B | $2.73B | $1.28B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $707M | $0 | $0 | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $713M | $793M | $0 | |
| Operating expenses | $513M | $491M | $501M | $525M | $747M | $687M | $696M | $665M | $674M | $1.42B | $1.48B | $0 | |
| Operating income | $1.03B | $1.01B | $1.07B | $1.13B | $941M | $1.03B | $1.19B | $1.22B | $1.18B | $1.11B | $1.25B | $1.28B | |
| Interest expense | $128M | $130M | $136M | $131M | $201M | $232M | $232M | $225M | $223M | $225M | $233M | $237M | |
| Other non-operating income (gains on investments, FX ...) | $260M | $15M | $37M | $1M | $40M | $8M | $27M | $216M | $18M | $3M | -$4M | -$2M | |
| Total non-operating income | -$388M | -$145M | -$173M | -$132M | -$241M | -$240M | -$259M | -$441M | -$241M | -$222M | -$229M | -$235M | |
| Income before tax | $644M | $869M | $894M | $995M | $700M | $788M | $928M | $775M | $935M | $891M | $1.02B | $1.04B | |
| Income tax | $175M | $162M | $214M | $235M | $102M | $151M | $201M | $172M | $193M | $168M | $238M | $224M | |
| Net income | $493M | $708M | $680M | $760M | $598M | $637M | $726M | $603M | $742M | $723M | $785M | $820M | |
| EPS (basic) | $1.23 | $1.76 | $1.70 | $1.89 | $1.49 | $1.58 | $1.80 | $1.50 | $1.84 | $1.79 | $1.96 | $2.06 | |
| EPS (diluted) | $1.22 | $1.75 | $1.69 | $1.88 | $1.48 | $1.58 | $1.80 | $1.49 | $1.83 | $1.79 | $1.95 | $2.05 | |
| Shares (basic, weighted) | 402M | 402M | 401M | 402M | 402M | 402M | 403M | 403M | 403M | 403M | 402M | 399M | |
| Shares (diluted, weighted) | 404M | 404M | 403M | 403M | 404M | 404M | 404M | 404M | 405M | 404M | 403M | 400M | |
| Depreciation & amortization | $559M | $547M | $576M | $591M | $686M | $691M | $744M | $764M | $806M | $735M | $777M | $792M | |
| EBITDA | $1.33B | $1.55B | $1.61B | $1.72B | $1.59B | $1.71B | $1.9B | $1.76B | $1.96B | $1.85B | $2.03B | $2.07B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.6B | $14.5B | $14.9B | $15.5B | $15.2B | $17.9B | $19.7B | $20.4B | $22.1B | $25.2B | |
| Cost of revenue | $9.79B | $10.4B | $10.7B | $11.1B | $11B | $13.1B | $14.3B | $14.7B | $15.7B | $17.9B | |
| Gross profit | $3.82B | $4.09B | $4.19B | $4.39B | $4.21B | $4.82B | $5.37B | $5.75B | $6.41B | $7.33B | |
| Operating expenses | $1.41B | $1.47B | $1.45B | $1.63B | $1.73B | $1.81B | $1.93B | $1.93B | $2.26B | $2.72B | |
| Operating income | $2.41B | $2.62B | $2.74B | $2.75B | $2.48B | $3.01B | $3.44B | $3.82B | $4.15B | $4.61B | |
| Interest expense | $365M | $351M | $363M | $411M | $425M | $365M | $378M | $500M | $598M | $912M | |
| Other non-operating income (gains on investments, FX ...) | $225M | $78M | -$4M | $238M | $160M | $294M | $142M | $302M | $93M | $269M | |
| Total non-operating income | -$590M | -$429M | -$359M | -$649M | -$585M | -$659M | -$520M | -$802M | -$691M | -$1.18B | |
| Income before tax | $1.82B | $2.19B | $2.38B | $2.11B | $1.89B | $2.35B | $2.92B | $3.02B | $3.46B | $3.43B | |
| Income tax | $642M | $242M | $453M | $434M | $397M | $532M | $678M | $745M | $713M | $717M | |
| Net income | $1.18B | $1.95B | $1.93B | $1.67B | $1.5B | $1.82B | $2.24B | $2.3B | $2.75B | $2.71B | |
| EPS (basic) | $2.66 | $4.44 | $4.49 | $3.93 | $3.54 | $4.32 | $5.42 | $5.69 | $6.84 | $6.72 | |
| EPS (diluted) | $2.65 | $4.41 | $4.45 | $3.91 | $3.52 | $4.29 | $5.39 | $5.66 | $6.81 | $6.70 | |
| Shares (basic, weighted) | 444M | 439M | 429M | 425M | 423M | 420M | 413M | 405M | 402M | 403M | |
| Shares (diluted, weighted) | 447M | 442M | 432M | 428M | 425M | 423M | 415M | 407M | 403M | 404M | |
| Depreciation & amortization | $1.3B | $1.38B | $1.48B | $1.57B | $1.77B | $2.11B | $2.15B | $2.2B | $2.4B | $735M | |
| EBITDA | $3.49B | $3.92B | $4.22B | $4.09B | $4.09B | $4.82B | $5.45B | $5.72B | $6.46B | $5.07B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01