Waste Management, Inc.
WM Industrials Waste Management
Waste Management, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.2 billion, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue grew 3.95%, EPS grew 8.89%, free cash flow grew 34.8% and total debt fell 2.76%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five; insiders bought in the last twelve months.
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Waste Management, Inc. (WM) Free cash flow
Waste Management, Inc.'s free cash flow for fiscal 2025 was $2.8B, up 30.4% from $2.2B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.6B. Over the past ten years it has ranged from $1.3B (fiscal 2015) to $2.8B (fiscal 2025) — the current reading is the highest in ten years. Waste Management, Inc. ranks 1st of 19 Waste Management companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.8B | 30.43% |
| FY2024 | $2.2B | 18.37% |
| FY2023 | $1.8B | (6.41%) |
| FY2022 | $1.9B | (19.93%) |
| FY2021 | $2.4B | 37.44% |
| FY2020 | $1.8B | (13.86%) |
| FY2019 | $2.1B | 9.59% |
| FY2018 | $1.9B | 12.27% |
| FY2017 | $1.7B | 0.42% |
| FY2016 | $1.7B | 28.49% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $1.1B | 28.79% |
| Mar 2026 | $851.0M | 5.06% |
| Dec 2025 | $810.0M | (0.74%) |
| Sep 2025 | $816.0M | 0.37% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| WM Waste Management, Inc. | $3.6B |
| RSG Republic Services, Inc. compare | $2.7B |
| WCN Waste Connections, Inc. compare | $1.2B |
| CLH Clean Harbors, Inc. compare | $479.1M |
| GFL GFL Environmental Inc. compare | $193.5M |
| CWST Casella Waste Systems, Inc. compare | $106.6M |
| ONT Onterris, Inc. compare | $52.9M |
| PESI Perma-Fix Environmental Services, Inc. compare | −$22.1M |
| ABAT American Battery Technology Company compare | −$37.8M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on WM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement