Waste Management (WM) Cash from Operations (2009 - 2026)
Waste Management (WM) reported Cash from Operations of $1.73 billion for Q2 2026, up 11.7% from $1.55 billion a year earlier and up 15.0% from the prior quarter.
Waste Management (WM) Cash from Operations (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Waste Management's Cash from Operations came in at $6.52 billion, up 15.9% year-over-year; for FY2025, it came in at $6.04 billion, up 12.1% from FY2024.
- Cash from Operations has increased for five consecutive years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- By year, Cash from Operations came in at $5.39 billion in FY2024 (+14.2%), $4.72 billion in FY2023 (+4.0%), $4.54 billion in FY2022 (+4.6%) and $4.34 billion in FY2021 (+27.5%).
- The Q2 2026 figure ranks as the highest quarterly Cash from Operations in data going back to Q1 2009.
- Year over year, Cash from Operations has now increased in each of the last five quarters, with growth averaging 13.1% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q2 2025 (growth of 33.9%); the low point was Q1 2023 (a decline of 17.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.5 billion (Q1 2026), $1.7 billion (Q4 2025) and $1.59 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 1.73 Bn |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 1.15 Bn |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 733.29 Mn |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 239.17 Mn |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | 417.30 Mn |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 98.77 Mn |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | 6.16 Mn |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -5.18 Mn |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | -2.80 Mn |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -10.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 Bn |
| Mar 31, 2026 | 1.50 Bn |
| Dec 31, 2025 | 1.70 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.55 Bn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | 1.51 Bn |
| Sep 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 1.38 Bn |
| Sep 30, 2023 | 1.26 Bn |
| Jun 30, 2023 | 1.03 Bn |
| Mar 31, 2023 | 1.04 Bn |
| Dec 31, 2022 | 1.05 Bn |
| Sep 30, 2022 | 1.18 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.26 Bn |
| Dec 31, 2021 | 991.00 Mn |
| Sep 30, 2021 | 1.18 Bn |
Waste Management Cash from Operations 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=cash-from-operations&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();