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Waste Management WM Landfill — Revenue

Other product segments

Commercial
$1.72B+6.4%
Industrial
$1.07B+5.1%
Residential
$930M+4.0%
Other Collection
$923M+6.8%
Transfer
$710M+4.3%
Service Other
$15M0.0%

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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$89.66B-3.9%
Enterprise value$112.46B
P/E31.4×-2.9×
P/S3.5×-0.4×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Waste Management’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 12:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088016
Three Months Ended June 30:Net / Operating / RevenuesIntercompany / Operating / Revenues (a)Gross / Operating / Revenues
Residential91119930
Other collection84974923
Total collection4,0655744,639
Landfill1,0044291,433
Transfer410300710
Total Collection and Disposal5,4791,3036,782
Recycling Processing and Sales40388491
Renewable Energy157157

Item 1. Financial Statements.

FAQ

What is Waste Management's landfill — revenue?
Waste Management (WM) reported landfill — revenue of $1.43B in Q2 2026.
How has Waste Management's landfill — revenue changed year-over-year?
Waste Management's landfill — revenue decreased by 0.9% year-over-year, from $1.45B to $1.43B.
What is the long-term trend for Waste Management's landfill — revenue?
Over 4 years (2021 to 2025), Waste Management's landfill — revenue has grown at a 6.5% compound annual growth rate (CAGR), from $4.15B to $5.35B.
What does landfill — revenue mean?
This metric represents the total gross revenue generated from landfill disposal services provided to residential, commercial, and industrial customers, excluding any pass-through taxes or environmental fees. It serves as a primary indicator of the pricing power and volume throughput within the company's core waste disposal infrastructure. By isolating core service revenue, it allows investors to assess the underlying demand for landfill capacity and the effectiveness of the company's yield management strategies.

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