WM Q1 2023 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q1 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$4.9B+5.0% YoY

Gross Profit

$1.3B26.6% margin

Operating Income

$825M16.9% margin

Net Income

$533M10.9% margin

EPS (Diluted)

$1.30

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$384M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$31.3B

Total Liabilities

$24.5B

Stockholders' Equity

$6.8B

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$4.7B	+5.0%
Gross Profit	$1.3B	$1.3B	+2.0%
Operating Income	$825M	$785M	+5.1%
Net Income	$533M	$513M	+3.9%

Revenue Segments

Commercial

$1.3B26%

Residential

$829M17%

Landfill

$759M16%

Industrial

$756M15%

Other Collection

$639M13%

Recycling Processing and Sales

$294M6%

Transfer

$289M6%

WM Renewable Energy

$69M1%