WM: financial statements from SEC — TradeAlmanac

Waste Management, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	25.20bn	22.06bn
Cost of revenue	15.01bn	13.38bn
Selling, general and administrative	2.72bn	2.26bn
Operating expenses	20.90bn	18.00bn
Operating income	4.31bn	4.06bn
Pre-tax income	3.43bn	3.46bn
Income tax	717m	713m
Net income	2.71bn	2.75bn
Earnings per share	6.72	6.84
Earnings per share, diluted	6.70	6.81

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	158m	201m	175m	440m	216m	414m	614m	172m
Receivables	3.37bn	3.44bn	3.40bn

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	6.04bn	5.39bn
Depreciation and amortisation	2.86bn	2.27bn
Share-based compensation	169m	118m
Capital expenditure	3.23bn	3.23bn
Investing cash flow	−3.57bn	−10.60bn
Dividends paid	1.33bn

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)