Waste Management (WM) Operating Income (2009 - 2026)
Waste Management's Operating Income was $1.25 billion in Q2 2026, up 8.9% from $1.15 billion a year earlier and up 12.6% 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 $4.51 billion through Jun 30, 2026, up 7.3% 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 Q2 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 three straight quarters, with growth averaging 9.2% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q4 2025 (growth of 25.7%); the worst was Q3 2025 (a decline of 11.6%).
- Per Business Quant data, WM's Operating Income in the three quarters before Q2 2026 was $1.11 billion (Q1 2026), $1.16 billion (Q4 2025) and $989 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.59 Bn | 81.50 Bn | 2.73 Bn | 1.25 Bn |
| 2 | Republic Services | 65.21 Bn | 64.82 Bn | 1.87 Bn | 901.00 Mn |
| 3 | Waste Connections | 39.38 Bn | 39.00 Bn | 1.08 Bn | 437.55 Mn |
| 4 | Clean Harbors | 16.54 Bn | 13.55 Bn | 608.78 Mn | 268.90 Mn |
| 5 | GFL Environmental | 15.37 Bn | 13.05 Bn | 385.80 Mn | -214.30 Mn |
| 6 | Casella Waste Systems | 5.11 Bn | 4.23 Bn | 178.80 Mn | 19.96 Mn |
| 7 | Onterris | 512.61 Mn | 471.88 Mn | 82.26 Mn | 6.45 Mn |
| 8 | Perma Fix Environmental Services | 331.69 Mn | 223.25 Mn | -2.50 Mn | -6.51 Mn |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -3.24 Mn |
| 10 | Comstock | 185.32 Mn | 188.64 Mn | -896,073.00 | -26.94 Mn |
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 |
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();