Waste Management, Inc. (WM) Financials
Key financial figures for Waste Management, Inc. (Q3 2026).
WM grew Q3 2026 revenue 6.3% to $6.846 billion and adjusted EPS to $2.15 from $1.98, with adjusted operating EBITDA margin of 31.0% against 31.1% a year earlier, and said revenue and free cash flow should land at the high end of unchanged 2026 ranges. Revenue rose 6.3% to $6.846 billion (Q3 2025: $6.443 billion), on core price of 5.8%, Collection and Disposal yield of 3.4%, higher energy surcharges, and higher recycling and renewable energy volumes from completed growth projects. Adjusted EPS was $2.15 versus $1.98 a year earlier; GAAP diluted EPS was $2.05 versus $1.49, with the prior-year quarter carrying $218 million of impairment and unusual items in income from operations. On the outlook: Management affirmed its 2026 guidance ranges and expects revenue at the high end of $26.275-$26.475 billion, adjusted operating EBITDA within $8.15-$8.25 billion, and free cash flow at the high end of $3.75-$3.85 billion. Figures are for Q3 2026, as Waste Management, Inc. reported them.
- Revenue
- $6.8B
- Net Income
- $820M
- EPS
- $2.06
- Total Assets
- $46.5B
- Operating Cash Flow
- $1.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $6.8B | $820M | $2.05 | 18.68% | $983M |
| Q2 FY2026 | $6.7B | $785M | $1.95 | 18.75% | $1.1B |
| Q1 FY2026 | $6.2B | $723M | $1.79 | 17.87% | $851M |
| Q4 FY2025 | $6.3B | $742M | $1.83 | 18.63% | $810M |
| Q3 FY2025 | $6.4B | $603M | $1.49 | 18.87% | $816M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $25.2B | $2.7B | $6.70 | 18.28% | $2.8B |
| FY2024 | $22.1B | $2.7B | $6.81 | 18.81% | $2.2B |
| FY2023 | $20.4B | $2.3B | $5.66 | 18.72% | $1.8B |
Frequently asked questions
What was Waste Management, Inc.'s revenue last quarter?
Waste Management, Inc. reported revenue of $6.85 billion for Q3 FY2026, up 6.3% from the same period a year earlier.
Is Waste Management, Inc. profitable?
Yes. Waste Management, Inc. reported net income of $820.0 million for Q3 FY2026, a net margin of 11.98% on revenue.
How has Waste Management, Inc.'s margin trended?
Operating margin was 18.68% in Q3 FY2026, compared with 18.87% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Waste Management, Inc. generate?
Waste Management, Inc. generated free cash flow of $983.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Waste Management, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.