Waste Management (WM) Free Cash Flow (2009 - 2026)
Waste Management's (WM) quarterly Free Cash Flow came in at $851.0 million in Q1 2026, up 125.73% year-on-year from $377.0 million in Q1 2025, and up 5.06% quarter-over-quarter from $810.0 million in Q4 2025.
Waste Management (WM) Free Cash Flow (2009 - 2026) Analysis & Trends
Waste Management has disclosed Free Cash Flow across 18 years of filings, most recently posting $851.0 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $851.0 million, up 125.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.3 billion (up 79.1% YoY), and the FY2025 annual result was $2.8 billion, up 30.43% from the prior year.
- Free Cash Flow came in at $851.0 million for Q1 2026 at Waste Management, up from $810.0 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $851.0 million in Q1 2026 to a low of $187.0 million in Q4 2022.
- The 5-year median for Free Cash Flow is $510.0 million (2023), against an average of $564.6 million.
- Across the five-year window, Free Cash Flow tumbled 54.29% in 2023 and soared 125.73% in 2026, its largest moves.
- Waste Management's Free Cash Flow stood at $187.0 million in 2022, then surged by 81.82% to $340.0 million in 2023, then climbed by 16.47% to $396.0 million in 2024, then jumped by 104.55% to $810.0 million in 2025, then climbed by 5.06% to $851.0 million in 2026.
- The last three Free Cash Flow figures came in at $851.0 million (Q1 2026), $810.0 million (Q4 2025), and $816.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | - |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 249.00 Mn |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | -92.15 Mn |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 12.27 Mn |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | -9.42 Mn |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 851.00 Mn |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -4.64 Mn |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 340.00 Mn |
| Dec 31, 2023 | 340.00 Mn |