Waste Management (WM) Capital Expenditures (2009 - 2026)
Waste Management's Capital Expenditures came in at $630 million for Q2 2026, down 13.9% from $732 million a year earlier and down 3.1% from the prior quarter.
Waste Management (WM) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Waste Management reported Capital Expenditures of $2.94 billion, down 14.9% year-over-year; for FY2025, it was $3.23 billion, down 0.1% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $3.23 billion in FY2024 (+11.6%), $2.9 billion in FY2023 (+11.9%), $2.59 billion in FY2022 (+35.9%) and $1.9 billion in FY2021 (+16.7%).
- The Q2 2026 figure represents the lowest quarterly Capital Expenditures since Q2 2023.
- Year-over-year, Capital Expenditures has declined for four consecutive quarters, with growth averaging 0.1% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q4 2021 (growth of 96.4%), and the weakest in Q1 2026 (a decline of 21.8%).
- Business Quant data shows WM's Capital Expenditures at $650 million (Q1 2026), $888 million (Q4 2025) and $776 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.84 Bn | 81.75 Bn | 2.73 Bn | 630.00 Mn |
| 2 | Republic Services | 64.88 Bn | 64.50 Bn | 1.87 Bn | 392.00 Mn |
| 3 | Waste Connections | 39.22 Bn | 38.85 Bn | 1.08 Bn | 302.35 Mn |
| 4 | Clean Harbors | 16.45 Bn | 13.46 Bn | 608.78 Mn | 126.20 Mn |
| 5 | GFL Environmental | 15.66 Bn | 13.34 Bn | 385.80 Mn | -287.60 Mn |
| 6 | Casella Waste Systems | 5.02 Bn | 4.14 Bn | 178.80 Mn | 72.31 Mn |
| 7 | Onterris | 495.05 Mn | 454.32 Mn | 82.26 Mn | 5.66 Mn |
| 8 | Perma Fix Environmental Services | 326.81 Mn | 218.37 Mn | -2.50 Mn | 1.82 Mn |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | 57,000.00 |
| 10 | Comstock | 179.25 Mn | 182.57 Mn | -896,073.00 | 4.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 630.00 Mn |
| Mar 31, 2026 | 650.00 Mn |
| Dec 31, 2025 | 888.00 Mn |
| Sep 30, 2025 | 776.00 Mn |
| Jun 30, 2025 | 732.00 Mn |
| Mar 31, 2025 | 831.00 Mn |
| Dec 31, 2024 | 1.12 Bn |
| Sep 30, 2024 | 781.00 Mn |
| Jun 30, 2024 | 667.00 Mn |
| Mar 31, 2024 | 668.00 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 673.00 Mn |
| Jun 30, 2023 | 520.00 Mn |
| Mar 31, 2023 | 660.00 Mn |
| Dec 31, 2022 | 862.00 Mn |
| Sep 30, 2022 | 757.00 Mn |
| Jun 30, 2022 | 550.00 Mn |
| Mar 31, 2022 | 418.00 Mn |
| Dec 31, 2021 | 774.00 Mn |
| Sep 30, 2021 | 464.00 Mn |
Waste Management Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "WM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();