WM Q2 2022 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q2 2022 Earnings

Industrials Waste Management

Income Statement

Revenue

$5.0B+12.3% YoY

Gross Profit

$1.4B27.4% margin

Operating Income

$890M17.7% margin

Net Income

$587M11.7% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$497M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$30.1B

Total Liabilities

$22.9B

Stockholders' Equity

$7.2B

Cash & Equivalents

$894M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.0B	$4.5B	+12.3%
Gross Profit	$1.4B	$1.2B	+11.0%
Operating Income	$890M	$795M	+11.9%
Net Income	$587M	$351M	+67.2%

Revenue Segments

Commercial

$1.4B24%

Landfill

$1.2B21%

Residential

$942M17%

Industrial

$942M17%

Transfer

$554M10%

Recycling Processing and Sales

$468M8%

Other Collection

$181M3%