# Waste Management, Inc (WM) FY2024 Q3 P&L / Income Statement - Company: Waste Management, Inc (WM) - Period: 2024-07-01 to 2024-09-30 - Filing: Q3 FY2024 10-Q, filed 2024-10-28, accession number 0001558370-24-013762 - Page: https://plicit.ai/financials/wm/fy2024-q3-income-statement - Chart image: https://plicit.ai/charts/wm-fy2024-q3-income-statement-sankey.png ## Chart details: Revenue by Business Segment by Product and Service Income statement for 2024-07-01 through 2024-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Operating revenues**: 5,609,000,000 US dollars - **Operating**: 3,399,000,000 US dollars - **Gross profit (calculated)**: 2,210,000,000 US dollars - **Operating expenses (calculated)**: 1,091,000,000 US dollars - **Income from operations**: 1,119,000,000 US dollars - **Other income (expense), net (calculated)**: negative 124,000,000 US dollars - **Income before income taxes**: 995,000,000 US dollars - **Income tax expense**: 235,000,000 US dollars - **Consolidated net income**: 760,000,000 US dollars - **Corporate and Other**: 12,000,000 US dollars - **Recycling Processing and Sales**: 503,000,000 US dollars - **WM Renewable Energy**: 88,000,000 US dollars - **Collection and Disposal - Landfill**: 923,000,000 US dollars - **Collection and Disposal - Commercial**: 1,359,000,000 US dollars - **Collection and Disposal - Industrial**: 797,000,000 US dollars - **Collection and Disposal - Other Collection**: 765,000,000 US dollars - **Collection and Disposal - Residential**: 875,000,000 US dollars - **Collection and Disposal - Transfer**: 365,000,000 US dollars - **Selling, general and administrative**: 525,000,000 US dollars - **Depreciation, depletion and amortization**: 558,000,000 US dollars - **Restructuring**: 2,000,000 US dollars - **(Gain) loss from divestitures, asset impairments and unusual items, net**: 6,000,000 US dollars - **Revenue before reconciliation (calculated)**: 5,687,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Components above reported revenue (calculated)**: negative 78,000,000 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. ## Chart details: Revenue by Business Segment (4 categories) - Page: https://plicit.ai/financials/wm/fy2024-q3-income-statement/revenue-by-business-segment-4-categories - Chart image: https://plicit.ai/charts/wm-fy2024-q3-revenue-by-business-segment-4-categories-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Business segment (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Operating revenues**: 5,609,000,000 US dollars - **Operating**: 3,399,000,000 US dollars - **Gross profit (calculated)**: 2,210,000,000 US dollars - **Operating expenses (calculated)**: 1,091,000,000 US dollars - **Income from operations**: 1,119,000,000 US dollars - **Other income (expense), net (calculated)**: negative 124,000,000 US dollars - **Income before income taxes**: 995,000,000 US dollars - **Income tax expense**: 235,000,000 US dollars - **Consolidated net income**: 760,000,000 US dollars - **Collection and Disposal**: 5,084,000,000 US dollars - **Recycling Processing and Sales**: 432,000,000 US dollars - **WM Renewable Energy**: 87,000,000 US dollars - **Corporate and Other**: 6,000,000 US dollars - **Selling, general and administrative**: 525,000,000 US dollars - **Depreciation, depletion and amortization**: 558,000,000 US dollars - **Restructuring**: 2,000,000 US dollars - **(Gain) loss from divestitures, asset impairments and unusual items, net**: 6,000,000 US dollars ### 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. ## Chart details: Revenue by Business Segment (8 categories) - Page: https://plicit.ai/financials/wm/fy2024-q3-income-statement/revenue-by-business-segment-8-categories - Chart image: https://plicit.ai/charts/wm-fy2024-q3-revenue-by-business-segment-8-categories-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Operating revenues**: 5,609,000,000 US dollars - **Operating**: 3,399,000,000 US dollars - **Gross profit (calculated)**: 2,210,000,000 US dollars - **Operating expenses (calculated)**: 1,091,000,000 US dollars - **Income from operations**: 1,119,000,000 US dollars - **Other income (expense), net (calculated)**: negative 124,000,000 US dollars - **Income before income taxes**: 995,000,000 US dollars - **Income tax expense**: 235,000,000 US dollars - **Consolidated net income**: 760,000,000 US dollars - **Collection and Disposal**: 6,272,000,000 US dollars - **Recycling Processing and Sales**: 503,000,000 US dollars - **WM Renewable Energy**: 88,000,000 US dollars - **Corporate and Other**: 12,000,000 US dollars - **Selling, general and administrative**: 525,000,000 US dollars - **Depreciation, depletion and amortization**: 558,000,000 US dollars - **Restructuring**: 2,000,000 US dollars - **(Gain) loss from divestitures, asset impairments and unusual items, net**: 6,000,000 US dollars - **Revenue before reconciliation (calculated)**: 6,875,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Collection and Disposal**: negative 1,188,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Recycling Processing and Sales**: negative 71,000,000 US dollars. Reported reconciliation to consolidated revenue. - **WM Renewable Energy**: negative 1,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Corporate and Other**: negative 6,000,000 US dollars. Reported reconciliation to consolidated revenue. ### 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. ## Chart details: Revenue by Business Segment by Subsegment - Page: https://plicit.ai/financials/wm/fy2024-q3-income-statement/revenue-by-business-segment-by-subsegment - Chart image: https://plicit.ai/charts/wm-fy2024-q3-revenue-by-business-segment-by-subsegment-sankey.png Income statement for 2024-07-01 through 2024-09-30. View: Segments by Subsegments. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Operating revenues**: 5,609,000,000 US dollars - **Operating**: 3,399,000,000 US dollars - **Gross profit (calculated)**: 2,210,000,000 US dollars - **Operating expenses (calculated)**: 1,091,000,000 US dollars - **Income from operations**: 1,119,000,000 US dollars - **Other income (expense), net (calculated)**: negative 124,000,000 US dollars - **Income before income taxes**: 995,000,000 US dollars - **Income tax expense**: 235,000,000 US dollars - **Consolidated net income**: 760,000,000 US dollars - **Corporate and Other**: 12,000,000 US dollars - **Recycling Processing and Sales**: 503,000,000 US dollars - **WM Renewable Energy**: 88,000,000 US dollars - **Collection and Disposal - East Tier**: 2,242,000,000 US dollars - **Collection and Disposal - Other Ancillary**: 704,000,000 US dollars - **Collection and Disposal - West Tier**: 2,138,000,000 US dollars - **Selling, general and administrative**: 525,000,000 US dollars - **Depreciation, depletion and amortization**: 558,000,000 US dollars - **Restructuring**: 2,000,000 US dollars - **(Gain) loss from divestitures, asset impairments and unusual items, net**: 6,000,000 US dollars - **Revenue before reconciliation (calculated)**: 5,687,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Components above reported revenue (calculated)**: negative 78,000,000 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.