WM Q2 2024 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q2 2024 Earnings

Industrials Waste Management

Income Statement

Revenue

$5.4B+5.5% YoY

Gross Profit

$1.6B29.0% margin

Operating Income

$1.1B19.8% margin

Net Income

$680M12.6% margin

EPS (Diluted)

$1.69

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$487M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$34.0B

Total Liabilities

$26.5B

Stockholders' Equity

$7.5B

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.4B	$5.1B	+5.5%
Gross Profit	$1.6B	$1.4B	+11.0%
Operating Income	$1.1B	$945M	+12.9%
Net Income	$680M	$615M	+10.6%

Revenue Segments

Commercial

$1.3B25%

Landfill

$873M16%

Residential

$863M16%

Industrial

$779M14%

Other Collection

$729M14%

Recycling Processing and Sales

$405M8%

Transfer

$348M6%

WM Renewable Energy

$69M1%