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Waste Management WM Deferred Revenue

Deferred Revenue at other companies

Enviri logo
EnviriNVRI
$8.83M+20.9%
Clean Harbors logo
Clean HarborsCLH
$84.04M-4.3%
Casella Waste Systems logo
Casella Waste SystemsCWST
$45.71M-8.1%
Republic Services logo
Republic ServicesRSG
$480M-4.8%
Waste Connections logo
Waste ConnectionsWCN
$429.9M+4.2%
Terex logo
TerexTEX
$215M+1,165%

Other financials

Income statement

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Revenue$6.7B+4.0%
Gross profit$2.7B+5.3%
Operating income$1.3B+8.9%
Net income$785.0M+8.1%
EPS (diluted)$1.95+8.3%

Balance sheet

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Cash & equivalents$557.0M+26.6%
Total debt$23.4B
Total equity$9.9B+7.9%
Total assets$46.4B+1.6%

Cash flow

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Operating cash flow$1.7B+11.7%
CapEx$630.0M-13.9%
Free cash flow$1.1B+34.8%

Valuation

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Market cap$96.14B+1.4%
Enterprise value$118.94B
P/E33.7×-1.1×
P/S3.8×-0.2×

Profitability

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Gross margin40.9%+1.2pp
Operating margin17.6%0.0pp
Net margin11.1%-0.2pp
FCF margin13.9%+4.9pp

Returns & leverage

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Return on equity29.8%-2.8pp
Debt / equity2.4×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Waste Management in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Waste Management’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Management's deferred revenue?
Waste Management (WM) reported deferred revenue of $767M in Q2 2026.
How has Waste Management's deferred revenue changed year-over-year?
Waste Management's deferred revenue increased by 11.3% year-over-year, from $689M to $767M.
What is the long-term trend for Waste Management's deferred revenue?
Over 5 years (2020 to 2025), Waste Management's deferred revenue has grown at a 6.4% compound annual growth rate (CAGR), from $539M to $735M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.