Waste Management, Inc (WM) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Business Segment
2025-01-01 to 2025-12-31
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Waste Management, Inc (WM) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Operating revenues
- 25,204,000,000 US dollars
- Operating
- 15,012,000,000 US dollars
- Gross profit (calculated)
- 10,192,000,000 US dollars
- Operating expenses (calculated)
- 5,884,000,000 US dollars
- Income from operations
- 4,308,000,000 US dollars
- Other income (expense), net (calculated)
- negative 882,000,000 US dollars
- Income before income taxes
- 3,426,000,000 US dollars
- Income tax expense
- 717,000,000 US dollars
- Consolidated net income
- 2,709,000,000 US dollars
- Recycling Processing and Sales
- 1,492,000,000 US dollars
- Renewable Energy
- 478,000,000 US dollars
- Healthcare Solutions
- 2,508,000,000 US dollars
- Corporate and Other
- 22,000,000 US dollars
- East Tier
- 9,037,000,000 US dollars
- West Tier
- 8,718,000,000 US dollars
- Other Ancillary
- 2,949,000,000 US dollars
- Selling, general and administrative
- 2,722,000,000 US dollars
- Depreciation, depletion and amortization
- 2,863,000,000 US dollars
- Restructuring
- 51,000,000 US dollars
- (Gain) loss from divestitures, asset impairments and unusual items, net
- 248,000,000 US dollars
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- 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.
- Of which attributable to Waste Management, Inc: $2.71 B; to noncontrolling interests: $1.00 M.

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Gross margin
40.4%
Gross profit / revenue
Operating margin
17.1%
Operating profit / revenue
Cash conversion
223.1%
Operating cash / net income, same period
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