Waste Management (WM) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
22.1B
Gross Profit
8.7B
39.34%
Operating Income
4.1B
18.81%
Net Income
2.7B
12.44%
EPS (Diluted)
$6.81
Balance Sheet Metrics
Total Assets
44.6B
Total Liabilities
36.3B
Shareholders Equity
8.3B
Debt to Equity
4.40
Cash Flow Metrics
Operating Cash Flow
5.1B
Free Cash Flow
2.2B
Revenue & Profitability Trend
Waste Management Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 22.1B | 20.4B | 19.7B | 17.9B | 15.2B |
| Cost of Goods Sold | 13.4B | 12.6B | 12.3B | 11.1B | 9.3B |
| Gross Profit | 8.7B | 7.8B | 7.4B | 6.8B | 5.9B |
| Operating Expenses | 2.2B | 1.9B | 1.9B | 1.8B | 1.7B |
| Operating Income | 4.1B | 3.8B | 3.4B | 3.0B | 2.5B |
| Pre-tax Income | 3.5B | 3.0B | 2.9B | 2.3B | 1.9B |
| Income Tax | 713.0M | 745.0M | 678.0M | 532.0M | 397.0M |
| Net Income | 2.7B | 2.3B | 2.2B | 1.8B | 1.5B |
| EPS (Diluted) | $6.81 | $5.66 | $5.39 | $4.29 | $3.52 |
Income Statement Trend
Waste Management Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 4.8B | 3.8B | 3.6B | 3.1B | 3.5B |
| Non-Current Assets | 39.8B | 29.0B | 27.8B | 26.0B | 25.8B |
| Total Assets | 44.6B | 32.8B | 31.4B | 29.1B | 29.3B |
| Liabilities | |||||
| Current Liabilities | 6.3B | 4.2B | 4.4B | 4.1B | 3.6B |
| Non-Current Liabilities | 30.1B | 21.7B | 20.1B | 17.9B | 18.3B |
| Total Liabilities | 36.3B | 25.9B | 24.5B | 22.0B | 21.9B |
| Equity | |||||
| Total Shareholders Equity | 8.3B | 6.9B | 6.9B | 7.1B | 7.5B |
Balance Sheet Composition
Waste Management Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 2.7B | 2.3B | 2.2B | 1.8B | 1.5B |
| Operating Cash Flow | 5.1B | 4.3B | 4.0B | 3.9B | 3.2B |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | -7.4B | -196.0M | -476.0M | 10.0M | -3.2B |
| Financing Activities | |||||
| Dividends Paid | -1.2B | -1.1B | -1.1B | -970.0M | -927.0M |
| Financing Cash Flow | 5.1B | -1.6B | -1.3B | -3.0B | -1.6B |
| Free Cash Flow | 2.2B | 1.8B | 1.9B | 2.4B | 1.8B |
Cash Flow Trend
Waste Management Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
35.32
Forward P/E
29.06
Price to Book
10.91
Price to Sales
4.12
PEG Ratio
29.06
Profitability Ratios
Profit Margin
11.67%
Operating Margin
17.08%
Return on Equity
34.01%
Return on Assets
7.00%
Financial Health
Current Ratio
0.83
Debt to Equity
275.54
Beta
0.67
Per Share Data
EPS (TTM)
$6.64
Book Value per Share
$21.50
Revenue per Share
$57.07
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wm | 94.4B | 35.32 | 10.91 | 34.01% | 11.67% | 275.54 |
| Republic Services | 78.3B | 37.81 | 6.71 | 18.55% | 12.88% | 115.99 |
| Waste Connections | 48.6B | 77.43 | 6.06 | 7.96% | 6.93% | 108.77 |
| GFL Environmental | 18.4B | 347.30 | 2.28 | -9.64% | 35.79% | 90.27 |
| Clean Harbors | 12.3B | 31.90 | 4.80 | 16.02% | 6.58% | 125.04 |
| Casella Waste | 7.5B | 535.59 | 4.83 | 1.00% | 0.79% | 79.27 |
Financial data is updated regularly. All figures are in the company's reporting currency.