Waste Management (WM) Operating Income (2009 - 2026)
Waste Management's Operating Income was $1.28 billion in Q3 2026, up 29.3% from $989 million a year earlier and up 2.1% from the prior quarter.
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Analysis
Waste Management (WM) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Waste Management's Operating Income was $4.8 billion through Sep 30, 2026, up 17.9% year-over-year; for FY2025, it came in at $4.31 billion, up 6.0% from FY2024.
- Operating Income has now increased for five consecutive years, with a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- In earlier years, Operating Income was $4.06 billion in FY2024 (+13.7%), $3.58 billion in FY2023 (+6.2%), $3.37 billion in FY2022 (+13.5%) and $2.97 billion in FY2021 (+21.8%).
- The Q3 2026 figure marks the highest quarterly Operating Income in data going back to Q1 2009.
- Compared with a year earlier, Operating Income has increased for four straight quarters, with growth averaging 11.6% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q3 2026 (growth of 29.3%); the worst was Q3 2025 (a decline of 11.6%).
- Per Business Quant data, WM's Operating Income in the three quarters before Q3 2026 was $1.25 billion (Q2 2026), $1.11 billion (Q1 2026) and $1.16 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | 1.28 Bn |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 921.00 Mn |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 541.75 Mn |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | 318.11 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 19.96 Mn |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | 12.28 Mn |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 23.55 Mn |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -3.67 Mn |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | 2.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.28 Bn |
| 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 |
API Access
Waste Management Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=WM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "WM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();