Waste Management, Inc (WM) FY2024 Q3 P&L / Income Statement

Waste Management, Inc (WM) FY2024 Q3 P&L / Income Statement

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.