Waste Management Total Operating Expenses decreased by 5.4% to $5.16B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.7%, from $4.97B to $5.16B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 8.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.69B | $3.86B | $3.96B | $3.89B | $4.14B | $4.13B | $4.17B | $4.07B | $4.18B | $4.18B | $4.43B | $4.14B | $4.39B | $4.49B | $4.97B | $5.01B | $5.28B | $5.45B | $5.16B |
| QoQ Change | — | +4.7% | +2.6% | -1.7% | +6.3% | -0.1% | +0.9% | -2.5% | +2.7% | +0.0% | +6.1% | -6.5% | +6.0% | +2.2% | +10.8% | +0.6% | +5.5% | +3.3% | -5.4% |
| YoY Change | — | — | — | — | +12.3% | +7.1% | +5.3% | +4.5% | +0.9% | +1.1% | +6.3% | +1.9% | +5.2% | +7.5% | +12.2% | +20.8% | +20.2% | +21.5% | +3.7% |