Waste Management Income Statement
WM / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Waste Management reported $25.2B in revenue and $2.7B in net income for FY2025. Revenue has grown at a 4.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 26.9%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.2B | $22.1B | $17.9B | $19.7B | $17.9B | $14.9B | $14.5B | $13.6B | $3.4B | $14.0B | $14.0B | $14.0B | $14.0B | $13.6B | $13.4B |
| Cost of Revenue | $15.0B | $13.4B | $11.1B | $12.3B | $11.1B | $9.2B | $9.0B | $8.5B | $9.0B | $9.0B | $9.1B | $9.0B | $9.1B | $8.9B | $1.3B |
| SG&A Expense | $2.7B | $2.3B | $1.9B | $1.9B | $1.9B | $1.5B | $1.5B | $1.4B | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $1.5B | $1.6B |
| Operating Income | $4.3B | $4.1B | $3.0B | $3.4B | $3.0B | $2.8B | $2.6B | $2.3B | $2.6B | $2.3B | $1.1B | $2.3B | $1.1B | $1.9B | $2.0B |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | -$477.0M | - | $500.0M | $509.0M | $503.0M |
| Income Tax | $717.0M | $713.0M | $532.0M | $678.0M | $532.0M | $453.0M | $242.0M | $642.0M | $242.0M | $413.0M | $364.0M | $413.0M | $364.0M | $443.0M | $511.0M |
| Net Income | $2.7B | $2.7B | $1.8B | $2.2B | $1.8B | $1.9B | $1.9B | $1.2B | $1.9B | $1.3B | $130.0M | $1.3B | $168.0M | $817.0M | $961.0M |
| EPS (Basic) | $5.69 | $5.42 | $4.32 | $3.54 | $3.93 | $4.49 | $4.44 | $2.66 | $1.66 | $2.80 | $0.21 | $1.76 | $2.05 | $1.98 | $2.02 |
| EPS (Diluted) | $5.66 | $5.39 | $4.29 | $3.52 | $3.91 | $4.45 | $4.41 | $2.65 | $1.65 | $2.79 | $0.21 | $1.76 | $2.04 | $1.98 | $2.01 |
| Shares Outstanding | 401.5M | 407.9M | 416.1M | 422.8M | 424.3M | 424.0M | 433.3M | 439.3M | 447.2M | 458.5M | 464.3M | 464.2M | 460.5M | 475.0M | 486.1M |
| Operating Margin | 17.1% | 18.4% | 16.5% | 17.1% | 16.5% | 18.7% | 18.2% | 16.9% | 76.6% | 16.4% | 7.7% | 16.4% | 7.7% | 13.6% | 15.2% |
| Profit Margin | 10.7% | 12.4% | 10.1% | 11.4% | 10.1% | 12.9% | 13.5% | 8.7% | 56.7% | 9.3% | 0.9% | 9.3% | 1.2% | 6.0% | 7.2% |