WM · XBRL financial data

Waste Management financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	15,218	17,931	19,698	20,426	22,063	25,204
Cost of goods and services sold	9,341	11,111	12,294	12,606	13,383	15,012
Selling, general and administrative	1,728	1,864	1,938	1,926	2,264	2,722
Operating income (loss)	2,434	2,965	3,365	3,575	4,063	4,308
Other income (expense)	5	5	(2)	6	(4)	20
Income tax expense (benefit)	397	532	678	745	713	717
Net income (loss)	1,496	1,816	2,238	2,304	2,746	2,708
Earnings per share, basic USD per share	3.54	4.32	5.42	5.69	6.84	6.72
Earnings per share, diluted USD per share	3.52	4.29	5.39	5.66	6.81	6.70
Weighted average shares, basic millions of shares	423	420	413	405	402	403
Weighted average shares, diluted millions of shares	425	423	415	407	403	404

Fiscal years (WM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	553	118	351	458	414	201
Accounts receivable	2,097	2,278	2,461	2,633	3,272	3,435
Total current assets	3,540	3,069	3,551	3,804	4,774	4,910
Right-of-use asset	466	451	456	453	996	959
Goodwill	8,994	9,028	9,323	9,254	13,438	13,880
Total assets	29,345	29,097	31,367	32,823	44,567	45,835
Accounts payable	1,121	1,375	1,766	1,709	2,046	1,867
Accrued liabilities	1,342	1,428	1,625	1,605	2,180	2,211
Current portion of long-term debt	—	—	—	—	—	711
Total current liabilities	3,553	4,082	4,394	4,226	6,258	5,524
Lease liability, non-current	453	459	460	452	878	845
Total liabilities	21,891	21,971	24,503	25,927	36,313	35,844
Retained earnings	11,159	12,004	13,167	14,334	15,858	17,232
Total stockholders' equity	7,452	7,124	6,849	6,903	8,252	9,990
Total liabilities and equity	29,345	29,097	31,367	32,823	44,567	45,835
Common shares outstanding (cover page) millions of shares	423	415	408	402	402	403

Fiscal years (WM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	1,496	1,816	2,238	2,304	2,746	2,708
Stock-based compensation	94	108	84	93	118	169
Depreciation and amortization	1,671	1,999	2,038	2,071	2,267	2,863
Net cash from operating activities	3,403	4,338	4,536	4,719	5,390	6,043
Purchases of property and equipment	1,585	2,039	2,809	—	—	—
Net cash from investing activities	(4,847)	(1,894)	(3,063)	(3,091)	(10,601)	(3,566)
Share repurchases	402	1,350	1,500	1,302	262	—
Dividends paid	927	970	1,077	1,136	1,210	1,334
Net cash from financing activities	(1,559)	(2,900)	(1,216)	(1,524)	5,155	(2,673)
Net change in cash	(2,999)	(454)	251	107	(65)	(190)

SIC 4953 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 4953 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (4953) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Waste Management	247	6,846	1,640*	397.6M	—	Q3 FY26 10-QSep 30, 2026
Republic Services	92	4,559	1,139*	304.6M	—	Q3 FY26 10-QSep 30, 2026
Waste Connections	96	2,638	692*	250.2M	—	Q3 FY26 10-QSep 30, 2026
Casella Waste Systemsadded: same SIC	26	544	99*	not reported	—	Q2 FY26 10-QJun 30, 2026
Enviriadded: same SIC	253	187	(297)*	28.2M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
Safe & Green Developmentadded: same SIC	2.2	4.3	not reported	2.6M	—	Q2 FY26 10-QJun 30, 2026
Vivakoradded: same SIC	0.3	32	(0.3)*	8.2M	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Quest Resource Holdingadded: same SIC	1	64	4.5*	21.1M	—	Q2 FY26 10-QJun 30, 2026
Deep Isolation Nuclearadded: same SIC	19	1.3	(2.8)*	57.7M	6.9 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.