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
DateValue
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