Discontinued — last reported Q3 '23
Solid Waste — Operating Income
Waste Management Solid Waste — Operating Income increased by 6.5% to $1.32B in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $1.24B to $1.32B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests improved operational efficiency, better cost control, or higher margins through pricing optimization. A decrease indicates rising operational costs, such as labor or fuel, or declining segment profitability.
Detailed definition
This metric measures the profitability of the solid waste segment by subtracting direct operating costs, depreciation, a...
Peer comparison
Comparable to segment-level operating income reported by other integrated waste management or industrial service providers.
wm_segment_solid_waste_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.06B | $1.09B | $1.08B | $1.08B | $1.19B | $1.24B | $1.09B | $1.12B | $1.24B | $1.32B |
| QoQ Change | — | +2.9% | -0.7% | +0.1% | +10.1% | +4.1% | -12.1% | +3.1% | +10.8% | +6.5% |
| YoY Change | — | — | — | — | +12.6% | +13.9% | +0.8% | +3.9% | +4.5% | +6.9% |
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Frequently Asked Questions
- What is Waste Management's solid waste — operating income?
- Waste Management (WM) reported solid waste — operating income of $1.32B in Q3 2023.
- How has Waste Management's solid waste — operating income changed year-over-year?
- Waste Management's solid waste — operating income increased by 6.9% year-over-year, from $1.24B to $1.32B.
- What does solid waste — operating income mean?
- The profit or loss generated by the solid waste business segment after accounting for direct operating expenses.