Waste Management (WM) Capital Expenditures (2009 - 2025)
Waste Management's Capital Expenditures came in at $657 million for Q3 2026, down 15.3% from $776 million a year earlier but up 4.3% from the prior quarter.
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Analysis
Waste Management (WM) Capital Expenditures (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Waste Management reported Capital Expenditures of $2.83 billion, down 18.2% 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 five-year range for quarterly Capital Expenditures is $418 million (Q1 2022) to $1.12 billion (Q4 2024).
- Year-over-year, Capital Expenditures has declined for five consecutive quarters, with an average decline of 3.9% 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 $630 million (Q2 2026), $650 million (Q1 2026) and $888 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | - |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 495.00 Mn |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 294.78 Mn |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | -170.73 Mn |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 172.84 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | 78.19 Mn |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | 879,000.00 |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | 21.29 Mn |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | 2.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 396.00 Mn |
| Mar 31, 2021 | 270.00 Mn |
API Access
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_KEYimport 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();