Waste Management, Inc (WM) FY2024 Annual P&L / Income Statement

Revenue by Business Segment by Subsegment

2024-01-01 to 2024-12-31

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Waste Management, Inc (WM) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Segments by Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETCollection and Disposal - East Tier {Member]Collection and Disposal - West TierCollection and Disposal - Other AncillaryRecycling Processing and SalesWM Healthcare SolutionsWM Renewable EnergyCorporate and OtherOperating revenuesRevenue before reconciliation (calculated)Components above reported revenue (calculated)Gross profit (calculated)OperatingIncome from operationsOperating expenses (calculated)Depreciation, depletion and amortizationSelling, general and administrative(Gain) loss from divestitures, asset impairments and unusual items, netRestructuringIncome before income taxesOther income (expense), net (calculated)Consolidated net incomeIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$22.39 BGross profit (calculated)Gross profit(calculated)$8.68 BOperating revenuesOperating revenues$22.06 BIncome from operationsIncome from operations$4.06 BIncome before income taxesPretax income$3.46 BConsolidated net incomeConsolidatednet income$2.75 BCollection and Disposal - East Tier {Member]Collection andDisposal - EastTier {Member]$8.70 BOperating expenses (calculated)Operating expenses(calculated)$4.62 BIncome tax expenseIncome tax expense$713.00 MDepreciation, depletion and amortizationDepreciation, depletionand amortization$2.27 BOther income (expense), net (calculated)Other income,net (calculated)−$605.00 MOperatingOperating$13.38 BCollection and Disposal - West TierCollection andDisposal - West Tier$8.29 BSelling, general and administrativeSelling, general and administrative$2.26 BCollection and Disposal - Other AncillaryCollectionand Disposal -Other Ancillary$2.73 B(Gain) loss from divestitures, asset impairments and unusual items, net(Gain) loss from divestitures,asset impairments andunusual items, net$82.00 MRecycling Processing and SalesRecyclingProcessing and Sales$1.89 BRestructuringRestructuring$4.00 MComponents above reported revenue (calculated)Components abovereported revenue(calculated)−$325.00 MWM Healthcare SolutionsWM HealthcareSolutions$413.00 MWM Renewable EnergyWM Renewable Energy$321.00 MCorporate and OtherCorporate and Other$48.00 M
Chart details

Waste Management, Inc (WM) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Segments by Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Operating revenues
22,063,000,000 US dollars
Operating
13,383,000,000 US dollars
Gross profit (calculated)
8,680,000,000 US dollars
Operating expenses (calculated)
4,617,000,000 US dollars
Income from operations
4,063,000,000 US dollars
Other income (expense), net (calculated)
negative 605,000,000 US dollars
Income before income taxes
3,458,000,000 US dollars
Income tax expense
713,000,000 US dollars
Consolidated net income
2,745,000,000 US dollars
Corporate and Other
48,000,000 US dollars
WM Healthcare Solutions
413,000,000 US dollars
Recycling Processing and Sales
1,890,000,000 US dollars
WM Renewable Energy
321,000,000 US dollars
Collection and Disposal - East Tier {Member]
8,703,000,000 US dollars
Collection and Disposal - Other Ancillary
2,728,000,000 US dollars
Collection and Disposal - West Tier
8,285,000,000 US dollars
Selling, general and administrative
2,264,000,000 US dollars
Depreciation, depletion and amortization
2,267,000,000 US dollars
Restructuring
4,000,000 US dollars
(Gain) loss from divestitures, asset impairments and unusual items, net
82,000,000 US dollars
Revenue before reconciliation (calculated)
22,388,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Components above reported revenue (calculated)
negative 325,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
  • Of which attributable to Waste Management, Inc: $2.75 B; to noncontrolling interests: −$1.00 M.
Waste Management, Inc (WM) FY2024 Annual Revenue by Business Segment by Subsegment Sankey chart
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Gross margin

39.3%

Gross profit / revenue

Operating margin

18.4%

Operating profit / revenue

Cash conversion

196.4%

Operating cash / net income, same period

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