Waste Management (WM) Free Cash Flow (2009 - 2026)
Waste Management (WM) posted Free Cash Flow of $1.1 billion for Q2 2026, up 28.79% sequentially from $851.0 million in Q1 2026, and up 34.81% YoY from $813.0 million in Q2 2025.
Waste Management (WM) Free Cash Flow (2009 - 2026) Analysis & Trends
Waste Management has reported Free Cash Flow for 18 years, with the latest figure at $1.1 billion in Q2 2026.
- Quarterly Free Cash Flow rose 34.81% year-over-year to $1.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.6 billion (up 65.19% YoY) and the FY2025 annual result came in at $2.8 billion, up 30.43% from the prior year.
- Free Cash Flow rose to $1.1 billion in Q2 2026 per WM's latest filing, from $851.0 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.1 billion in Q2 2026 and troughed at $187.0 million in Q4 2022.
- A 5-year average of $594.2 million and a median of $543.5 million in 2023 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2026: Free Cash Flow tumbled 54.29% in 2023, then surged 125.73% in 2026.
- Over 5 years, Free Cash Flow stood at $187.0 million in 2022, then jumped by 81.82% to $340.0 million in 2023, then increased by 16.47% to $396.0 million in 2024, then soared by 104.55% to $810.0 million in 2025, then surged by 35.31% to $1.1 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.1 billion, $851.0 million, and $810.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | 1.10 Bn |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 761.00 Mn |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 430.94 Mn |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | 112.98 Mn |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | 558.46 Mn |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 26.46 Mn |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -911,621.00 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | 499,000.00 |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -6.99 Mn |
| 10 | American Battery Technology | 339.53 Mn | 300.24 Mn | 737,749.00 | -9.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Bn |
| Jun 30, 2026 | 1.10 Bn |
| Mar 31, 2026 | 851.00 Mn |
| Mar 31, 2026 | 851.00 Mn |
| Dec 31, 2025 | 810.00 Mn |
| Dec 31, 2025 | 810.00 Mn |
| Sep 30, 2025 | 816.00 Mn |
| Sep 30, 2025 | 816.00 Mn |
| Jun 30, 2025 | 813.00 Mn |
| Jun 30, 2025 | 813.00 Mn |
| Mar 31, 2025 | 377.00 Mn |
| Mar 31, 2025 | 377.00 Mn |
| Dec 31, 2024 | 396.00 Mn |
| Dec 31, 2024 | 396.00 Mn |
| Sep 30, 2024 | 577.00 Mn |
| Sep 30, 2024 | 577.00 Mn |
| Jun 30, 2024 | 487.00 Mn |
| Jun 30, 2024 | 487.00 Mn |
| Mar 31, 2024 | 699.00 Mn |
| Mar 31, 2024 | 699.00 Mn |