What is Waste Management's operating income?

Waste Management (WM) reported operating income of $1.11B in Q1 2026.

How has Waste Management's operating income changed year-over-year?

Waste Management's operating income increased by 9.9% year-over-year, from $1.01B to $1.11B.

What is the long-term trend for Waste Management's operating income?

Over 4 years (2021 to 2025), Waste Management's operating income has grown at a 9.8% compound annual growth rate (CAGR), from $2.97B to $4.31B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Waste Management WM Operating Income

Operating Income at other companies

EnviriNVRI

$793K-97.3%

Casella Waste SystemsCWST

$4.86M+54.5%

Republic ServicesRSG

$830M+3.2%

Waste ConnectionsWCN

$364.08M-6.7%

TerexTEX

-$82M-219%

Smurfit Kappa GroupSW

$253M-54.2%

Segments

By segment

See full

West Tier Region Areas$737M+10.0%

East Tier Region Areas$723M+9.4%

Corporate And Other-$400M-22.3%

Healthcare Solutions$101M+7.4%

Renewable Energy$48M+153%

Recycling Processing And Sales$19M+5.6%

Other financials

Income statement

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Revenue$6.2B+3.5%

Gross profit$2.5B+5.3%

Net income$723.0M+13.5%

EPS (diluted)$1.79+13.3%

Balance sheet

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Cash & equivalents$158.0M-26.9%

Total debt$1.6B+5.8%

Total equity$10.0B+15.8%

Total assets$45.7B+2.7%

Cash flow

See full

Operating cash flow$1.5B+24.3%

CapEx$650.0M-21.8%

Free cash flow$851.0M+126%

Valuation

See full

Market cap$89.58B-4.0%

P/E32.1×-2.8×

P/S3.5×-0.5×

Profitability

See full

Gross margin40.7%+1.2pp

Operating margin17.3%-0.4pp

Net margin11%-0.7pp

FCF margin12.9%+4.9pp

Returns & leverage

See full

Return on equity29.9%-4.1pp

Debt / equity0.2×0.0×

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Waste Management in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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

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Questions, answered.

What is Waste Management's operating income?: Waste Management (WM) reported operating income of $1.11B in Q1 2026.
How has Waste Management's operating income changed year-over-year?: Waste Management's operating income increased by 9.9% year-over-year, from $1.01B to $1.11B.
What is the long-term trend for Waste Management's operating income?: Over 4 years (2021 to 2025), Waste Management's operating income has grown at a 9.8% compound annual growth rate (CAGR), from $2.97B to $4.31B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.