Growth Metrics

Waste Management (WM) Cost of Revenue (2016 - 2025)

Waste Management's Cost of Revenue history spans 17 years, with the latest figure at $3.7 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 3.94% year-over-year to $3.7 billion; the TTM value through Dec 2025 reached $15.0 billion, up 12.17%, while the annual FY2025 figure was $15.0 billion, 12.17% up from the prior year.
  • Cost of Revenue for Q4 2025 was $3.7 billion at Waste Management, down from $3.8 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.8 billion in Q2 2025 and bottomed at $2.5 billion in Q1 2021.
  • The 5-year median for Cost of Revenue is $3.2 billion (2022), against an average of $3.2 billion.
  • The largest annual shift saw Cost of Revenue grew 25.5% in 2021 before it grew 1.01% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $3.0 billion in 2021, then rose by 4.67% to $3.1 billion in 2022, then rose by 1.71% to $3.1 billion in 2023, then rose by 12.94% to $3.6 billion in 2024, then grew by 3.94% to $3.7 billion in 2025.
  • Per Business Quant, the three most recent readings for WM's Cost of Revenue are $3.7 billion (Q4 2025), $3.8 billion (Q3 2025), and $3.8 billion (Q2 2025).