WM Q3 2025 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena

WMWaste Management, Inc.

$96B

Q3 2025 Earnings

Industrials Waste Management

Income Statement

Revenue

$6.4B+14.9% YoY

Gross Profit

$1.9B29.2% margin

Operating Income

$1.2B18.9% margin

Net Income

$603M9.4% margin

EPS (Diluted)

$1.49

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$816M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$45.6B

Total Liabilities

$36.1B

Stockholders' Equity

$9.5B

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$5.6B	+14.9%
Gross Profit	$1.9B	$1.7B	+13.9%
Operating Income	$1.2B	$1.1B	+7.9%
Net Income	$603M	$760M	-20.7%

Revenue Segments

Commercial

$1.4B22%

Landfill

$995M15%

Residential

$884M14%

Other Collection

$819M13%

Industrial

$808M13%

Healthcare Solutions

$628M10%

Transfer

$396M6%

Recycling Processing and Sales

$372M6%

WM Renewable Energy

$115M2%

Geographic Segments

Western

$2.8B100%