WM Q2 2021 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q2 2021 Earnings

Industrials Waste Management

Income Statement

Revenue

$4.5B+25.7% YoY

Gross Profit

$1.2B27.7% margin

Operating Income

$795M17.8% margin

Net Income

$351M7.8% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+8.9%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$647M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$29.0B

Total Liabilities

$21.7B

Stockholders' Equity

$7.4B

Cash & Equivalents

$148M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$3.6B	+25.7%
Gross Profit	$1.2B	$967M	+28.2%
Operating Income	$795M	$590M	+34.7%
Net Income	$351M	$307M	+14.3%

Revenue Segments

Commercial

$1.2B24%

Landfill

$1.1B22%

Industrial

$811M16%

Residential

$794M16%

Transfer

$532M11%

Recycling Processing and Sales

$397M8%

Other Collection

$135M3%