WASTE MANAGEMENT INC
WASTE MANAGEMENT INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 158 | 201 | 175 | 440 | 216 | 414 | 614 | 172 | 322 | 458 | 150 | 144 | |||||
Accounts Receivable Net Current | 3,372 | 3,435 | 3,397 | 3,407 | 3,260 | 3,272 | 2,841 | 2,728 | 2,530 | 2,633 | 2,646 | 2,576 | |||||
Other Receivables Net Current | 592 | 620 | 620 | 524 | 328 | 415 | 284 | 252 | 155 | 237 | 271 | 270 | |||||
Assets Current | |||||||||||||||||
Assets Current | 4,808 | 4,910 | 4,839 | 4,984 | 4,455 | 4,774 | 4,259 | 4,439 | 3,529 | 3,804 | 3,562 | 3,480 | |||||
Supplies | 235 | 225 | 223 | 224 | 218 | 206 | 184 | 183 | 189 | 173 | 175 | 170 | |||||
Other Assets Current | 451 | 429 | 424 | 389 | 433 | 467 | 336 | 1,104 | 333 | 303 | 320 | 320 | |||||
Property Plant And Equipment And Finance Lease Rig… | 20,335 | 20,378 | 20,069 | 19,963 | 19,553 | 19,340 | 17,931 | 17,420 | 17,044 | 16,968 | 16,229 | 15,917 | |||||
Goodwill | 13,873 | 13,880 | 13,894 | 13,886 | 13,529 | 13,438 | 9,822 | 9,363 | 9,246 | 9,254 | 9,398 | 9,399 | |||||
Intangible Assets Net Excluding Goodwill | 3,664 | 3,767 | 3,873 | 3,964 | 4,015 | 4,188 | 742 | 753 | 728 | 759 | 779 | 809 | |||||
Restricted Cash And Investments Noncurrent | 654 | 513 | 541 | 553 | 554 | 413 | 457 | 465 | 524 | 422 | 424 | 459 | |||||
Investments In Affiliates Subsidiaries Associates … | 756 | 779 | 791 | 810 | 824 | 846 | 524 | 552 | 589 | 606 | 542 | 564 | |||||
Other Assets Noncurrent | 1,610 | 1,608 | 1,601 | 1,562 | 1,556 | 1,568 | 995 | 1,007 | 1,006 | 1,010 | 1,001 | 986 | |||||
Assets | 45,700 | 45,835 | 45,608 | 45,722 | 44,486 | 44,567 | 34,730 | 33,999 | 32,666 | 32,823 | 31,935 | 31,614 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Current | 1,803 | 1,867 | 2,082 | 2,025 | 1,901 | 2,046 | 1,853 | 1,785 | 1,617 | 1,709 | 1,738 | 1,626 | |||||
Accrued Liabilities Current | 1,938 | 2,211 | 2,077 | 2,138 | 1,807 | 2,180 | 1,651 | 1,525 | 1,410 | 1,605 | 1,596 | 1,544 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 5,146 | 5,524 | 5,737 | 5,816 | 5,347 | 6,258 | 4,779 | 4,136 | 3,949 | 4,226 | 4,218 | 4,251 | |||||
Contract With Customer Liability Current | 764 | 735 | 698 | 689 | 685 | 673 | 599 | 584 | 586 | 578 | 587 | 568 | |||||
Debt Current | 641 | 711 | 880 | 964 | 954 | 1,359 | 676 | 242 | 336 | 334 | 297 | 513 | |||||
Long Term Debt And Capital Lease Obligations | 22,250 | 22,196 | 22,482 | 23,056 | 22,883 | 22,541 | 15,977 | 16,501 | 15,762 | 15,895 | 15,133 | 14,855 | |||||
Deferred Income Tax Liabilities Net | 3,266 | 3,160 | 3,025 | 2,865 | 2,841 | 2,815 | 1,883 | 1,826 | 1,880 | 1,826 | 1,811 | 1,778 | |||||
Accrued Capping Closure Post Closure And Environme… | 3,310 | 3,278 | 3,132 | 3,086 | 3,081 | 3,048 | 2,965 | 2,936 | 2,912 | 2,888 | 2,727 | 2,734 | |||||
Other Liabilities Noncurrent | 1,706 | 1,686 | 1,712 | 1,697 | 1,683 | 1,651 | 1,154 | 1,149 | 1,085 | 1,092 | 1,080 | 1,068 | |||||
Liabilities | 35,678 | 35,844 | 36,088 | 36,520 | 35,835 | 36,313 | 26,758 | 26,548 | 25,588 | 25,927 | 24,969 | 24,686 | |||||
Common Stock Value | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | |||||
Additional Paid In Capital Common Stock | 5,708 | 5,676 | 5,640 | 5,566 | 5,515 | 5,496 | 5,485 | 5,433 | 5,352 | 5,351 | 5,385 | 5,341 | |||||
Retained Earnings Accumulated Deficit | 17,571 | 17,232 | 16,823 | 16,553 | 16,160 | 15,858 | 15,563 | 15,104 | 14,738 | 14,334 | 14,124 | 13,744 | |||||
Stockholders Equity | 10,021 | 9,991 | 9,520 | 9,202 | 8,650 | 8,254 | 7,972 | 7,451 | 7,082 | 6,896 | 6,966 | 6,909 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -44 | -10 | -31 | 9 | -87 | -115 | -76 | -73 | -60 | -37 | -58 | -32 | |||||
Treasury Stock Common Value | -13,220 | -12,914 | -12,919 | -12,933 | -12,944 | -12,993 | -12,999 | -13,013 | -12,954 | -12,751 | -12,507 | -12,150 | |||||
Minority Interest | 1 | 1 | 1 | 1 | 1 | 2 | -7 | -6 | -4 | -7 | 16 | 19 | |||||
Liabilities And Stockholders Equity | 45,700 | 45,835 | 45,608 | 45,722 | 44,486 | 44,567 | 34,730 | 33,999 | 32,666 | 32,823 | 31,935 | 31,614 | |||||
Allowance For Doubtful Accounts Receivable Current | 62 | 87 | 122 | 187 | 184 | 165 | 31 | 29 | 27 | 30 | 26 | 25 | |||||
Allowance For Doubtful Other Receivables Current | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 4 | 4 | 5 | |||||
Accumulated Depreciation Depletion And Amortizatio… | 25,451 | 25,096 | 24,781 | 24,477 | 24,100 | 23,777 | 23,620 | 23,310 | 23,144 | 22,826 | 22,702 | 22,400 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | |||||
Common Stock Shares Issued | 630 | 630 | 630 | 630 | 630 | 630 | 630 | 630 | 630 | 630 | 630 | 630 | |||||
Treasury Stock Common Shares | 228 | 227 | 227 | 228 | 228 | 229 | 229 | 229 | 229 | 229 | 227 | 225 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.39% | -6.42% | 4.36% | - | - | - | - | - | - | - | - | - |
| 2025 | 3.50% | 1.72% | -0.30% | -3.63% | -7.79% | -8.18% | 6.07% | 6.34% | 8.74% | 6.75% | 2.54% | -0.36% |
| 2024 | -1.06% | -3.90% | 0.87% | 2.74% | 4.44% | 6.33% | 7.75% | -0.83% | 2.00% | -1.24% | 0.75% | 2.23% |
| 2023 | - | - | - | -3.68% | -2.27% | -3.28% | 3.95% | 6.83% | 11.02% | 4.14% | 4.10% | 4.58% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.93 | 0.89 | 0.84 | 0.86 | 0.83 | 0.76 | 0.89 | 1.07 | 0.89 | 0.90 | 0.84 | 0.82 | |||||
| Quick Ratio | 0.93 | 0.89 | 0.84 | 0.86 | 0.83 | 0.76 | 0.89 | 1.07 | 0.89 | 0.90 | 0.84 | 0.82 | |||||
| Working Capital | -338.00M | -614.00M | -898.00M | -832.00M | -892.00M | -1.48B | -520.00M | 303.00M | -420.00M | -422.00M | -656.00M | -771.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 3.56 | 3.59 | 3.79 | 3.97 | 4.14 | 4.40 | 3.36 | 3.56 | 3.62 | 3.76 | 3.58 | 3.56 | |||||
| Interest Coverage TTM | 4.87 | 4.72 | 4.58 | 5.28 | 5.80 | 6.79 | 7.48 | 7.35 | 7.38 | 7.15 | 7.39 | 7.81 | |||||
| Debt Ratio | 0.78 | 0.78 | 0.79 | 0.80 | 0.81 | 0.81 | 0.77 | 0.78 | 0.78 | 0.79 | 0.78 | 0.78 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.56 | 0.56 | 0.62 | 0.60 | 0.59 | 0.57 | 0.64 | 0.64 | 0.65 | 0.64 | 0.65 | 0.65 | |||||
| Days Sales Outstanding TTM | 47.63 | 48.56 | 45.93 | 46.75 | 46.10 | 48.84 | 46.82 | 46.15 | 43.64 | 45.51 | 46.19 | 46.22 | |||||
| Receivables Turnover TTM | 7.66 | 7.52 | 7.95 | 7.81 | 7.92 | 7.47 | 7.80 | 7.91 | 8.36 | 8.02 | 7.90 | 7.90 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 6.91 | 6.70 | 6.34 | 6.73 | 6.63 | 6.81 | 6.48 | 6.24 | 6.07 | 5.59 | 5.69 | 5.61 | |||||
| Free Cash Flow Per Share TTM | 8.16 | 6.99 | 5.96 | 5.37 | 4.57 | 5.38 | 5.24 | 5.27 | 5.32 | 4.50 | 4.14 | 3.71 | |||||
| Dividend Per Share TTM | 3.43 | 3.31 | 3.23 | 3.16 | 3.08 | 3.01 | 2.96 | 2.92 | 2.87 | 2.81 | 2.77 | 2.72 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 40.61% | 40.44% | 40.13% | 39.86% | 39.56% | 39.34% | 39.33% | 39.14% | 38.82% | 38.28% | 37.68% | 37.46% | |||||
| Operating Profit Margin TTM | 17.35% | 17.09% | 16.43% | 17.54% | 17.71% | 18.42% | 18.37% | 18.26% | 18.20% | 17.50% | 17.65% | 17.36% | |||||
| Net Profit Margin TTM | 11.00% | 10.75% | 10.35% | 11.37% | 11.67% | 12.45% | 12.22% | 11.99% | 11.84% | 11.14% | 11.46% | 11.42% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 10.87% | 14.24% | 15.88% | 14.18% | 10.77% | 8.01% | 6.17% | 4.77% | 3.83% | 3.70% | 3.62% | 5.20% | |||||
| Net Income Growth (1Y) | 4.45% | -1.35% | -1.87% | 8.19% | 9.18% | 20.65% | 13.21% | 10.06% | 8.55% | 1.61% | 2.80% | 6.52% | |||||
| EPS Growth (1Y) | 4.21% | -1.64% | -2.24% | 7.84% | 9.02% | 21.67% | 13.91% | 11.32% | 10.09% | 3.59% | 4.84% | 8.75% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 33.01 | 32.39 | 34.28 | 33.31 | 34.14 | 28.83 | 31.06 | 33.02 | 33.77 | 30.70 | 25.59 | 29.41 | |||||
| P/B TTM | 9.20 | 8.78 | 9.24 | 9.85 | 10.56 | 9.59 | 10.18 | 11.15 | 11.70 | 10.13 | 8.48 | 9.70 | |||||
| P/S TTM | 3.63 | 3.48 | 3.55 | 3.79 | 3.99 | 3.59 | 3.80 | 3.96 | 4.00 | 3.42 | 2.93 | 3.36 | |||||
| Market Cap | 92.25B | 87.75B | 87.92B | 90.67B | 91.35B | 79.17B | 81.18B | 83.08B | 82.78B | 69.86B | 59.09B | 67.23B | |||||
| Enterprise Value | 114.90B | 110.36B | 110.97B | 114.25B | 114.97B | 102.58B | 97.14B | 99.58B | 98.56B | 85.63B | 74.27B | 82.34B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.29B | 2.82B | 2.40B | 2.16B | 1.84B | 2.16B | 2.10B | 2.12B | 2.14B | 1.82B | 1.67B | 1.51B | |||||
| Net Debt | 22.65B | 22.61B | 23.05B | 23.58B | 23.62B | 23.41B | 15.97B | 16.50B | 15.78B | 15.77B | 15.18B | 15.11B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
WASTE MANAGEMENT INC (WM) — SEC Financial Statements & Analysis
WASTE MANAGEMENT INC (WM) is a refuse systems company, incorporated in DE. WASTE MANAGEMENT INC trades on WM: NYSE as: WM. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), WASTE MANAGEMENT INC reported a 10.87% year-over-year revenue growth, a Gross Profit Margin of 40.61% (TTM), a Debt-to-Equity ratio of 3.56x, a Price-to-Sales (P/S) ratio of 3.63x (TTM), a Price-to-Book (P/B) ratio of 9.2 (TTM), at a market cap of $92.25B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 10.87%
- Gross Profit Margin TTM
- 40.61%
- Debt To Equity
- 3.56x
- P/S TTM
- 3.63x
- P/B TTM
- 9.2
- Market Cap
- $92.25B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is WASTE MANAGEMENT INC in?
WASTE MANAGEMENT INC (WM) operates in the Refuse Systems industry.
What is WM's market cap?
WASTE MANAGEMENT INC (WM) has a market capitalization of $92.25B as of 2026-03-31.
What is WM's P/E ratio?
WASTE MANAGEMENT INC (WM)'s trailing twelve month P/E ratio is 33.01x as of 2026-03-31.
What exchange does WM trade on?
WASTE MANAGEMENT INC (WM) trades on the WM: NYSE.
Where is WASTE MANAGEMENT INC incorporated?
WASTE MANAGEMENT INC is incorporated in DE.