Waste Management (WM) Operating Income (2009 - 2026)
Waste Management's (WM) quarterly Operating Income came in at $1.3 billion in Q2 2026, up 8.86% year-over-year from $1.2 billion in Q2 2025, and up 12.58% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
Waste Management (WM) Operating Income (2009 - 2026) Analysis & Trends
Waste Management has disclosed Operating Income across 18 years of filings, most recently posting $1.3 billion for Q2 2026.
- In Q2 2026, Operating Income rose 8.86% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $4.5 billion (up 7.33% YoY), while the FY2025 annual figure was $4.3 billion, up 6.03% from the prior year.
- Operating Income came in at $1.3 billion for Q2 2026 at Waste Management, up from $1.1 billion in the prior quarter.
- In the past five years, Operating Income ranged from a high of $1.3 billion in Q2 2026 to a low of $765.0 million in Q4 2022.
- Average Operating Income over 5 years is $982.1 million, with a median of $999.0 million recorded in 2024.
- The largest YoY upside for Operating Income was 25.68% in 2025 against a maximum downside of 11.62% in 2025.
- Over 5 years, Operating Income stood at $765.0 million in 2022, then rose by 2.61% to $785.0 million in 2023, then gained by 17.07% to $919.0 million in 2024, then gained by 25.68% to $1.2 billion in 2025, then advanced by 8.48% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $1.3 billion in Q2 2026, $1.1 billion in Q1 2026, and $1.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.70 Bn | 86.15 Bn | 2.73 Bn | 1.25 Bn |
| 2 | Republic Services | 68.30 Bn | 68.20 Bn | 1.87 Bn | 901.00 Mn |
| 3 | Waste Connections | 40.78 Bn | 40.69 Bn | 1.08 Bn | 437.55 Mn |
| 4 | GFL Environmental | 15.50 Bn | 15.31 Bn | 385.80 Mn | -214.30 Mn |
| 5 | Casella Waste Systems | 5.77 Bn | 5.74 Bn | 178.80 Mn | 19.96 Mn |
| 6 | Comstock | 230.47 Mn | 230.47 Mn | -896,073.00 | -26.94 Mn |
| 7 | Quest Resource Holding | 30.08 Mn | 29.06 Mn | 10.43 Mn | -9.96 Mn |
| 8 | ReTo Eco-Solutions | 52,556.85 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 1.11 Bn |
| Dec 31, 2025 | 1.16 Bn |
| Sep 30, 2025 | 989.00 Mn |
| Jun 30, 2025 | 1.15 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 919.00 Mn |
| Sep 30, 2024 | 1.12 Bn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | 785.00 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 944.00 Mn |
| Mar 31, 2023 | 825.00 Mn |
| Dec 31, 2022 | 765.00 Mn |
| Sep 30, 2022 | 942.00 Mn |
| Jun 30, 2022 | 890.00 Mn |
| Mar 31, 2022 | 768.00 Mn |
| Dec 31, 2021 | 718.00 Mn |
| Sep 30, 2021 | 806.00 Mn |