WMWaste Management, Inc.

$96B

Q4 2023 Earnings

Industrials Waste Management

Income Statement

Revenue

$5.2B+5.7% YoY

Gross Profit

$1.5B29.6% margin

Operating Income

$1.0B19.8% margin

Net Income

$493M9.4% margin

EPS (Diluted)

$1.22

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$340M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$32.8B

Total Liabilities

$25.9B

Stockholders' Equity

$6.9B

Cash & Equivalents

$458M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.2B	$4.9B	+5.7%
Gross Profit	$1.5B	$1.3B	+19.1%
Operating Income	$1.0B	$810M	+27.4%
Net Income	$493M	$499M	-1.2%

Revenue Segments

Commercial

$1.3B25%

Residential

$856M16%

Landfill

$800M15%

Industrial

$757M15%

Other Collection

$740M14%

Recycling Processing and Sales

$349M7%

Transfer

$317M6%

WM Renewable Energy

$75M1%

WM Q4 2023 Earnings — Waste Management, Inc. Revenue & Financial Results | Market Cap Arena