Waste Management financials
$207.09+0.31%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.68B | $6.23B | $6.31B | $6.44B | $6.43B | $6.02B | $5.89B | $5.61B | $5.40B | $5.16B | $5.22B | $5.20B |
| Gross profit | $2.73B | $2.53B | $2.62B | $2.61B | $2.63B | $2.41B | $2.34B | $2.21B | $2.11B | $2.02B | $2.07B | $2.01B |
| Gross margin | 40.8% | 40.7% | 41.5% | 40.5% | 40.9% | 40.0% | 39.7% | 39.4% | 39.1% | 39.1% | 39.7% | 38.7% |
| Operating income | $1.25B | $1.11B | $1.16B | $989.0M | $1.15B | $1.01B | $919.0M | $1.12B | $1.01B | $1.02B | $785.0M | $1.02B |
| Net income | $785.0M | $723.0M | $742.0M | $603.0M | $726.0M | $637.0M | $598.0M | $760.0M | $680.0M | $708.0M | $493.0M | $663.0M |
| Net margin | 11.7% | 11.6% | 11.8% | 9.4% | 11.3% | 10.6% | 10.1% | 13.5% | 12.6% | 13.7% | 9.4% | 12.8% |
| Diluted EPS | $1.95 | $1.79 | $1.84 | $1.49 | $1.80 | $1.58 | $1.48 | $1.88 | $1.69 | $1.75 | $1.22 | $1.63 |
| EBITDA | $2.05B | $1.83B | $1.95B | $1.96B | $1.93B | $1.72B | $1.59B | $1.74B | $1.56B | $1.53B | $1.55B | $1.54B |
| Operating cash flow | $1.73B | $1.50B | $1.70B | $1.59B | $1.54B | $1.21B | $1.51B | $1.36B | $1.15B | $1.37B | $1.38B | $1.26B |
| Free cash flow | $1.10B | $851.0M | $810.0M | $816.0M | $813.0M | $377.0M | $396.0M | $577.0M | $487.0M | $699.0M | $340.0M | $590.0M |
| Diluted shares | 402.4M | 404.4M | 404.3M | 404.3M | 404.3M | 403.9M | 403.7M | 403.2M | 403.2M | 403.5M | 405.0M | 405.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $557.0M | $158.0M | $201.0M | $175.0M | $440.0M | $216.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $23.36B | $22.89B | $22.91B | $23.36B | $24.02B | $23.84B |
| Total assets | $46.44B | $45.70B | $45.84B | $45.61B | $45.72B | $44.49B |
| Total liabilities | $36.52B | $35.68B | $35.84B | $36.09B | $36.52B | $35.84B |
| Shareholders' equity | $9.93B | $10.02B | $9.99B | $9.52B | $9.20B | $8.65B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology