WM Q2 2023 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q2 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$5.1B+1.8% YoY

Gross Profit

$1.4B27.6% margin

Operating Income

$945M18.5% margin

Net Income

$615M12.0% margin

EPS (Diluted)

$1.51

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$510M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$31.6B

Total Liabilities

$24.7B

Stockholders' Equity

$6.9B

Cash & Equivalents

$144M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$5.0B	+1.8%
Gross Profit	$1.4B	$1.4B	+2.5%
Operating Income	$945M	$890M	+6.2%
Net Income	$615M	$587M	+4.8%

Revenue Segments

Commercial

$1.3B25%

Landfill

$846M17%

Residential

$841M16%

Industrial

$782M15%

Other Collection

$689M13%

Transfer

$320M6%

Recycling Processing and Sales

$316M6%

WM Renewable Energy

$62M1%