WASTE MANAGEMENT INC

WM 10-Q · Q1 2026

WM Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 6,227 6,018 +3.5%
Show Product Lines breakouts
Collection [Member] 3,869 3,746 +3.3%
Collection [Member] · Intersegment Elimination 541 507 +6.7%
Collection [Member] · Operating Segments 4,410 4,253 +3.7%
Collection and Disposal [Member] 5,081 4,922 +3.2%
Collection and Disposal [Member] · Intersegment Elimination 1,194 1,116 +7.0%
Collection and Disposal [Member] · Operating Segments 6,275 6,038 +3.9%
Commercial [Member] 1,429 1,380 +3.6%
Commercial [Member] · Intersegment Elimination 229 214 +7.0%
Commercial [Member] · Operating Segments 1,658 1,594 +4.0%
Healthcare Solutions [Member] 614 619 -0.8%
Healthcare Solutions [Member] · Intersegment Elimination 107 102 +4.9%
Healthcare Solutions [Member] · Operating Segments 721 721 0.0%
Industrial [Member] 758 741 +2.3%
Industrial [Member] · Intersegment Elimination 222 199 +11.6%
Industrial [Member] · Operating Segments 980 940 +4.3%
Landfill 864 840 +2.9%
Landfill · Intersegment Elimination 382 353 +8.2%
Landfill · Operating Segments 1,246 1,193 +4.4%
Other Collection [Member] 794 753 +5.4%
Other Collection [Member] · Intersegment Elimination 72 72 0.0%
Other Collection [Member] · Operating Segments 866 825 +5.0%
Recycling Processing and Sales [Member] 368 384 -4.2%
Recycling Processing and Sales [Member] · Intersegment Elimination 87 81 +7.4%
Recycling Processing and Sales [Member] · Operating Segments 455 465 -2.2%
Renewable Energy [Member] 159 91 +74.7%
Renewable Energy [Member] · Intersegment Elimination 2 1 +100.0%
Renewable Energy [Member] · Operating Segments 161 92 +75.0%
Residential [Member] 888 872 +1.8%
Residential [Member] · Intersegment Elimination 18 22 -18.2%
Residential [Member] · Operating Segments 906 894 +1.3%
Service Other 5 2 +150.0%
Service Other · Intersegment Elimination 8 8 0.0%
Service Other · Operating Segments 13 10 +30.0%
Transfer [Member] 348 336 +3.6%
Transfer [Member] · Intersegment Elimination 271 256 +5.9%
Transfer [Member] · Operating Segments 619 592 +4.6%
Show Business Segments breakouts
All Other Segments 732 700 +4.6%
All Other Segments · Intersegment Elimination 57 52 +9.6%
All Other Segments · Operating Segments 789 752 +4.9%
Collection and Disposal [Member] 5,081 4,922 +3.2%
Collection and Disposal [Member] · Intersegment Elimination 1,194 1,116 +7.0%
Collection and Disposal [Member] · Operating Segments 6,275 6,038 +3.9%
Corporate And Other 5 2 +150.0%
Corporate And Other · Intersegment Elimination 8 8 0.0%
Corporate And Other · Operating Segments 13 10 +30.0%
East Tier [Member] 2,199 2,140 +2.8%
East Tier [Member] · Intersegment Elimination 600 558 +7.5%
East Tier [Member] · Operating Segments 2,799 2,698 +3.7%
Healthcare Solutions [Member] 614 619 -0.8%
Healthcare Solutions [Member] · Intersegment Elimination 107 102 +4.9%
Healthcare Solutions [Member] · Operating Segments 721 721 0.0%
Recycling Processing and Sales [Member] 368 384 -4.2%
Recycling Processing and Sales [Member] · Intersegment Elimination 87 81 +7.4%
Recycling Processing and Sales [Member] · Operating Segments 455 465 -2.2%
Renewable Energy [Member] 159 91 +74.7%
Renewable Energy [Member] · Intersegment Elimination 2 1 +100.0%
Renewable Energy [Member] · Operating Segments 161 92 +75.0%
West Tier [Member] 2,150 2,082 +3.3%
West Tier [Member] · Intersegment Elimination 537 506 +6.1%
West Tier [Member] · Operating Segments 2,687 2,588 +3.8%
Show Consolidation Items breakouts
Intersegment Elimination 1,398 1,308 +6.9%
Operating Segments 7,625 7,326 +4.1%
Cost of Revenue 3,694 3,612 +2.3%
Show Business Segments breakouts
All Other Segments · Operating Segments 753 718 +4.9%
Collection and Disposal [Member] · Operating Segments 4,103 3,995 +2.7%
Corporate And Other · Operating Segments 32 -3 +1166.7%
East Tier [Member] · Operating Segments 1,701 1,679 +1.3%
Healthcare Solutions [Member] 20 8 +150.0%
Healthcare Solutions [Member] · Operating Segments 500 480 +4.2%
Recycling Processing and Sales [Member] · Operating Segments 368 388 -5.2%
Renewable Energy [Member] · Operating Segments 83 55 +50.9%
West Tier [Member] · Operating Segments 1,649 1,598 +3.2%
Show Consolidation Items breakouts
Intersegment Elimination 1,392 1,303 +6.8%
Operating Segments 5,086 4,915 +3.5%
Selling, General & Administrative 707 687 +2.9%
Show Business Segments breakouts
All Other Segments · Operating Segments 29 30 -3.3%
Collection and Disposal [Member] · Operating Segments 215 206 +4.4%
Corporate And Other · Operating Segments 355 312 +13.8%
East Tier [Member] · Operating Segments 90 90 0.0%
Healthcare Solutions [Member] · Operating Segments 122 156 -21.8%
Recycling Processing and Sales [Member] · Operating Segments 15 15 0.0%
Renewable Energy [Member] · Operating Segments 6 3 +100.0%
West Tier [Member] · Operating Segments 96 86 +11.6%
Show Consolidation Items breakouts
Intersegment Elimination -6 -5 -20.0%
Operating Segments 713 692 +3.0%
Depreciation Depletion Amortization And Accretion 735 691 +6.4%
Show Business Segments breakouts
All Other Segments 7 7 0.0%
Collection and Disposal [Member] 531 509 +4.3%
Corporate And Other 25 27 -7.4%
East Tier [Member] 285 268 +6.3%
Healthcare Solutions [Member] 104 101 +3.0%
Recycling Processing and Sales [Member] 51 39 +30.8%
Renewable Energy [Member] 24 15 +60.0%
West Tier [Member] 239 234 +2.1%
Restructuring Charges 4 13 -69.2%
Gain Loss From Divestitures Asset Impairments And Unusual Items -26 2 -1400.0%
Total Costs & Expenses 5,114 5,005 +2.2%
Operating Income 1,113 1,013 +9.9%
Show Product Lines breakouts
Service · Collection and Disposal [Member] 18 20 -10.0%
Show Business Segments breakouts
Collection and Disposal [Member] 1,460 1,328 +9.9%
Corporate And Other -400 -327 -22.3%
East Tier [Member] 723 661 +9.4%
Healthcare Solutions [Member] -14 -25 +44.0%
Healthcare Solutions [Member] · Intersegment Elimination 101 94 +7.4%
Recycling Processing and Sales [Member] 19 18 +5.6%
Renewable Energy [Member] 48 19 +152.6%
West Tier [Member] 737 670 +10.0%
Interest Income Expense Nonoperating Net -225 -232 +3.0%
Other Non-Operating Income (Expense) 3 7 -57.1%
Interest And Other Income Expense -222 -225 +1.3%
Income Before Taxes 891 788 +13.1%
Income Tax Expense (Benefit) 168 151 +11.3%
Net Income 723 637 +13.5%
Show Equity Components breakouts
Retained Earnings 723 637 +13.5%
Net Income 723 637 +13.5%
EPS (Basic) 1.79 1.58 +13.3%
EPS (Diluted) 1.79 1.58 +13.3%
Comprehensive Income 689 665 +3.6%
Wtd Avg Shares (Basic) 403.2 402.3 +0.2%
Wtd Avg Shares (Diluted) 404.4 403.9 +0.1%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 158 216 -26.9%
Accounts Receivable 3,372
Other Receivables Net Current 592
Supplies 235
Other Assets Current 451
Total Current Assets 4,808
Non-Current Assets
Goodwill 13,873
Restricted Cash And Investments Noncurrent 654
Other Non-Current Assets 1,610
Total Assets 45,700
Show Business Segments breakouts
All Other Segments · Operating Segments 796
Collection and Disposal [Member] · Operating Segments 28,905
Corporate And Other · Operating Segments 3,996
East Tier [Member] · Operating Segments 15,910
Healthcare Solutions [Member] · Operating Segments 8,873
Recycling Processing and Sales [Member] · Operating Segments 2,770
Renewable Energy [Member] · Operating Segments 1,987
West Tier [Member] · Operating Segments 12,199
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 141
Show Consolidation Items breakouts
Intersegment Elimination -831
Other Assets
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization 20,335
Intangible Assets Net Excluding Goodwill 3,664
Investments In Affiliates Subsidiaries Associates And Joint Ventures 756
Current Liabilities
Accounts Payable 1,803
Accrued Liabilities 1,938
Deferred Revenue (Current) 764
Debt Current 641
Total Current Liabilities 5,146
Commercial Paper (Q)
Show Debt Instrument breakouts
Commercial Paper Program [Member] 1.1 1.5 -26.7%
Non-Current Liabilities
Deferred Tax Liabilities 3,266
Accrued Capping Closure Post Closure And Environmental Costs Noncurrent 3,310
Other Non-Current Liabilities 1,706
Total Liabilities 35,678
Other Liabilities
Long Term Debt And Capital Lease Obligations 22,250
Stockholders' Equity
Common Stock 6
Additional Paid In Capital Common Stock 5,708
Retained Earnings 17,571
Accumulated Other Comprehensive Income -44
Treasury Stock Common Value -13,220
Total Stockholders' Equity 10,021
Minority Interest 1
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 10,022 8,651 +15.8%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 7
Accumulated Gain Loss Net Cash Flow Hedge Parent 33
Accumulated Net Unrealized Investment Gain Loss 25
Accumulated Other Comprehensive Income -44 -87 +49.4%
Accumulated Translation Adjustment -109
Additional Paid In Capital 5,708 5,515 +3.5%
Common Stock 6 6 0.0%
Noncontrolling Interest 1 1 0.0%
Retained Earnings 17,571 16,160 +8.7%
Treasury Stock Common -13,220 -12,944 -2.1%
Total Liabilities & Equity 45,700

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 735 691 +6.4%
Deferred Income Taxes 112 59 +89.8%
Provision For Doubtful Accounts And Other Credit Losses 29 19 +52.6%
Stock-Based Compensation 52 51 +2.0%
Gain Loss On Sale Of Property Plant Equipment -1 -9 +88.9%
Gain Loss From Divestitures Asset Impairments And Other Noncash Portion -26 2 -1400.0%
Increase Decrease In Accounts And Other Receivables 30 51 -41.2%
Increase Decrease In Other Current Assets -46 -91 +49.5%
Increase Decrease In Other Noncurrent Assets 67 56 +19.6%
Increase Decrease In Accounts Payable And Accrued Liabilities -178 -287 +38.0%
Increase Decrease In Deferred Revenue And Other Operating Liabilities 4 29 -86.2%
Net Cash from Operations 1,501 1,208 +24.3%
Investing Activities
Payments To Acquire Productive Assets -650 -831 +21.8%
Proceeds From Divestiture Of Businesses Net Of Cash Divested And Proceeds From Sales Of Assets Investing Activities 69 98 -29.6%
Show Disposal Group Classification breakouts
Disposal Group Disposed Of By Sale Not Discontinued Operations 69 98 -29.6%
Other Investing Activities -150 -93 -61.3%
Net Cash from Investing -731 -829 +11.8%
Financing Activities
Proceeds From Issuance Of Long Term Debt And Capital Securities Net 6,048 4,993 +21.1%
Repayments Of Long Term Debt And Capital Securities -6,125 -5,163 -18.6%
Show Debt Instrument breakouts
Financing leases and other [Member] -49
Share Repurchases -344
Show Share Repurchase Program breakouts
10b5-1 Plan [Member] -354
Payments Of Dividends Common Stock -385 -336 -14.6%
Proceeds From Stock Options Exercised 26 25 +4.0%
Tax Withholding for Share Compensation -40 -45 +11.1%
Proceeds From Payments For Other Financing Activities -1 -10 +90.0%
Net Cash from Financing -821 -536 -53.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations -1 1 -200.0%
Net Change in Cash -52 -156 +66.7%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 245 331 -26.0%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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