Waste ManagementWMEarnings & Financial Report
Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment, and disposal of waste, together with monitoring and regulation of the waste management process and waste-related laws, technologies, and economic mechanisms.
Revenue
$5.4B
Gross Profit
$2.1B
Operating Profit
$1.0B
Net Profit
$680.0M
Gross Margin
39.1%
Operating Margin
18.7%
Net Margin
12.6%
YoY Growth
5.5%
EPS
$1.69
Waste Management Q2 FY2024 Financial Summary
Waste Management reported revenue of $5.4B (up 5.5% YoY) for Q2 FY2024, with a net profit of $680.0M (up 10.6% YoY) (12.6% margin). Cost of goods sold was $3.3B, operating expenses totaled $1.1B.
Key Financial Metrics
| Total Revenue | $5.4B |
|---|---|
| Net Profit | $680.0M |
| Gross Margin | 39.1% |
| Operating Margin | 18.7% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Waste Management Q2 FY2024 revenue of $5.4B breaks down across 7 segments, led by Commercial at $1.5B (28.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Commercial | $1.5B | 28.2% |
| Industrial | $978.0M | 18.1% |
| Residential | $886.0M | 16.4% |
| Other Collection | $781.0M | 14.5% |
| Other Ancillary | $713.0M | 13.2% |
| Recycling Processing And Sales | $475.0M | 8.8% |
| Renewable Energy Segment | $70.0M | 1.3% |
Waste Management Revenue by Segment — Quarterly Trend
Waste Management revenue by segment across the last 4 reported quarters, showing how each business line (such as Commercial and Industrial) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Commercial | — | $1.4B | $1.4B | $1.4B |
| Industrial | — | $767.0M | $808.0M | $790.0M |
| Residential | — | $882.0M | $884.0M | $872.0M |
| Other Collection | — | $807.0M | $819.0M | $796.0M |
Waste Management Annual Revenue by Year
Waste Management annual revenue history includes year-by-year totals (for example, 2025 revenue was $25.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $25.2B |
| 2024 | $22.1B |
| 2023 | $20.4B |
| 2022 | $19.7B |
Waste Management Quarterly Revenue & Net Profit History
Waste Management results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $6.2B | +3.5% | $723.0M | 11.6% |
| Q4 FY2025 | $6.3B | +7.1% | $742.0M | 11.8% |
| Q3 FY2025 | $6.4B | +14.9% | $603.0M | 9.4% |
| Q2 FY2025 | $6.4B | +19.0% | $726.0M | 11.3% |
| Q1 FY2025 | $6.0B | +16.7% | $637.0M | 10.6% |
| Q4 FY2024 | $5.9B | +13.0% | $598.0M | 10.1% |
| Q3 FY2024 | $5.6B | +7.9% | $760.0M | 13.5% |
| Q2 FY2024 | $5.4B | +5.5% | $680.0M | 12.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.40B | $5.61B | $5.89B | $6.02B | $6.43B | $6.44B | $6.31B | $6.23B |
| YoY Growth | 5.5% | 7.9% | 13.0% | 16.7% | 19.0% | 14.9% | 7.1% | 3.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $34.00B | $34.73B | $44.57B | $44.49B | $45.72B | $45.61B | $45.84B | $45.70B |
| Liabilities | $26.55B | $26.76B | $36.31B | $35.84B | $36.52B | $36.09B | $35.84B | $35.68B |
| Equity | $7.46B | $7.98B | $8.25B | $8.65B | $9.20B | $9.52B | $9.99B | $10.02B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.15B | $1.36B | $1.51B | $1.21B | $1.54B | $1.59B | $1.70B | $1.50B |