Waste Management's Income Statement Analysis: Revenue to Profit Breakdown
Waste Management's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$17.93 B | $19.70 B | $20.43 B | $22.06 B | $25.20 B | $25.41 B |
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Cost of Revenue Direct cost of goods/services. |
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$13.11 B | $14.33 B | $14.68 B | $15.65 B | $17.88 B | $17.27 B |
Gross Profit Revenue minus cost of revenue. |
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$4.82 B | $5.37 B | $5.75 B | $6.41 B | $7.33 B | $8.15 B |
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Operating Expense
Costs to run business. |
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$1.81 B | $1.93 B | $1.93 B | $2.26 B | $2.72 B | $3.46 B |
Research and Development Investment in innovation. |
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- | - | - | - | - | - |
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Sales, General and Administrative
Selling and admin costs. |
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$1.81 B | $1.93 B | $1.93 B | $2.26 B | $2.72 B | $2.74 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | $707.00 M |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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- | - | - | - | - | $713.00 M |
Operating Income Profit from operations. |
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$3.01 B | $3.44 B | $3.82 B | $4.15 B | $4.61 B | $4.69 B |
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Net Interest Income
Interest income minus expense. |
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-$365.00 M | -$378.00 M | -$500.00 M | -$598.00 M | -$912.00 M | -$905.00 M |
Interest Income Income from investments. |
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- | - | - | - | - | - |
Interest Expense Cost of borrowing. |
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$365.00 M | $378.00 M | $500.00 M | $598.00 M | $912.00 M | $905.00 M |
Non-Operating Income (ex-Int) Income outside core operations. |
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$294.00 M | $142.00 M | $302.00 M | $93.00 M | $269.00 M | $264.00 M |
Total Other Income (Net) Net non-operating items. |
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-$659.00 M | -$520.00 M | -$802.00 M | -$691.00 M | -$1.18 B | -$1.16 B |
Income Before Tax Profit before taxes. |
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$2.35 B | $2.92 B | $3.02 B | $3.46 B | $3.43 B | $3.53 B |
Income Tax Expense Taxes on income. |
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$532.00 M | $678.00 M | $745.00 M | $713.00 M | $717.00 M | $734.00 M |
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Net Income
Final profit. |
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$1.82 B | $2.24 B | $2.30 B | $2.75 B | $2.71 B | $2.79 B |
Net Income From Continuing Operations Profit from core business. |
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$1.82 B | $2.24 B | $2.28 B | $2.75 B | $2.71 B | $2.80 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$4.32 | $5.42 | $5.69 | $6.84 | $6.72 | $6.93 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$4.29 | $5.39 | $5.66 | $6.81 | $6.70 | $6.91 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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420.40 M | 412.80 M | 404.90 M | 401.50 M | 402.70 M | 403.20 M |
Diluted Average Shares Outst. Shares including dilution. |
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422.90 M | 415.00 M | 406.90 M | 403.40 M | 404.20 M | 404.40 M |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$2.71 B | $3.30 B | $3.52 B | $4.06 B | $4.34 B | $4.43 B |
EBITDA Earnings before interest, tax, D&A. |
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$4.82 B | $5.45 B | $5.72 B | $6.46 B | $7.20 B | $7.41 B |
Depreciation and Amortization Non-cash expense for assets. |
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$2.11 B | $2.15 B | $2.20 B | $2.40 B | $2.86 B | $2.98 B |
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Waste Management's Assets vs Liabilities & Equity
Waste Management's Assets vs Liabilities & Equity
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