Waste Management Operating Group — Operating Income decreased by 11.6% to $1.10B in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $1.08B to $1.10B. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests improved operational efficiency, better cost control, or higher margins on services provided.
This metric measures the profitability of the operating segment after deducting all direct operating expenses, including...
Comparable to segment operating income or segment EBIT reported by peers in the environmental services sector.
wm_segment_operating_group_operating_income_loss| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $1.06B | $1.10B | $1.08B | $1.08B | $1.21B | $1.24B | $1.10B |
| QoQ Change | — | +3.4% | -1.3% | -0.1% | +11.7% | +2.6% | -11.6% |
| YoY Change | — | — | — | — | +13.9% | +13.0% | +1.2% |