WM Q1 2024 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q1 2024 Earnings

Industrials Waste Management

Income Statement

Revenue

$5.2B+5.5% YoY

Gross Profit

$1.5B29.2% margin

Operating Income

$1.0B19.7% margin

Net Income

$708M13.7% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$699M

Stock-Based Comp.

$30M

Balance Sheet

Total Assets

$32.7B

Total Liabilities

$25.6B

Stockholders' Equity

$7.1B

Cash & Equivalents

$322M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$4.9B	+5.5%
Gross Profit	$1.5B	$1.3B	+15.7%
Operating Income	$1.0B	$825M	+22.9%
Net Income	$708M	$533M	+32.8%

Revenue Segments

Commercial

$1.3B26%

Residential

$854M17%

Landfill

$792M15%

Industrial

$747M14%

Other Collection

$698M14%

Recycling Processing and Sales

$368M7%

Transfer

$309M6%

WM Renewable Energy

$70M1%