Operating Income for Waste Management (WM)
According to Waste Management's latest reported financial statements, the company's current operating income (TTM) is $4.61B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$4.61B
YoY change
+11.0%
5Y CAGR
+13.2%
Peak year (2025)
$4.61B
Cumulative operating income
$67.82B
Operating Income history chart for Waste Management (WM) from 1987 to 2025
Operating Income history table for Waste Management (WM) from 1987 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $4.61B | +11.0% | ||
| 2024 | $4.15B | +8.5% | ||
| 2023 | $3.82B | +11.2% | ||
| 2022 | $3.44B | +14.3% | ||
| 2021 | $3.01B | +21.4% | ||
| 2020 | $2.48B | -10.0% | ||
| 2019 | $2.75B | +0.7% | ||
| 2018 | $2.73B | +4.4% | ||
| 2017 | $2.62B | +8.6% | ||
| 2016 | $2.41B | +12.6% | ||
| 2015 | $2.14B | -5.2% | ||
| 2014 | $2.26B | +8.7% | ||
| 2013 | $2.08B | +4.4% | ||
| 2012 | $1.99B | -3.3% | ||
| 2011 | $2.06B | +1.1% | ||
| 2010 | $2.04B | +0.8% | ||
| 2009 | $2.02B | -8.5% | ||
| 2008 | $2.21B | -1.4% | ||
| 2007 | $2.24B | +9.0% | ||
| 2006 | $2.05B | +13.7% | ||
| 2005 | $1.81B | +7.2% | ||
| 2004 | $1.69B | +9.4% | ||
| 2003 | $1.54B | -6.3% | ||
| 2002 | $1.64B | +28.1% | ||
| 2001 | $1.28B | -28.2% | ||
| 2000 | $1.79B | +35.0% | ||
| 1999 | $1.32B | -47.3% | ||
| 1998 | $2.51B | +269.3% | ||
| 1997 | $679.90M | +130.6% | ||
| 1996 | $294.80M | +248.5% | ||
| 1995 | $84.60M | +157.9% | ||
| 1994 | $32.80M | +66.5% | ||
| 1993 | $19.70M | +38.7% | ||
| 1992 | $14.20M | +173.1% | ||
| 1991 | $5.20M | +2500.0% | ||
| 1990 | $200,000 | -200.0% | ||
| 1989 | -$200,000 | -200.0% | ||
| 1988 | $200,000 | -71.4% | ||
| 1987 | $700,000 | — |
Operating Income values are taken from Waste Management's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Waste Management (WM) most recent annual operating income stands at $4.61B (2025) – grew 11.0% year-over-year.
Waste Management operating income has grown for 5 consecutive years, with a +13.2% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum operating income sits at $4.61B (2025); the minimum reading of -$200,000 dates to 1989.
Waste Management (WM) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Waste Management Operating Income by Year
Waste Management Operating Income 2025: $4.61B
Waste Management operating income in 2025 was $4.61B, grew 11.0% from 2024. This figure represents the highest annual value in the available history.
Waste Management Operating Income 2024: $4.15B
Waste Management operating income in 2024 was $4.15B, grew 8.5% from 2023.
Waste Management Operating Income 2023: $3.82B
Waste Management operating income in 2023 was $3.82B, grew 11.2% from 2022.
Waste Management Operating Income 2022: $3.44B
Waste Management operating income in 2022 was $3.44B, grew 14.3% from 2021.
Waste Management Operating Income 2021: $3.01B
Waste Management operating income in 2021 was $3.01B.
See more financial history for Waste Management (WM).
Sector peers — Operating Income
Companies in the same sector as Waste Management, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Waste Management's operating income?
- Latest reported operating income for Waste Management (WM) is $4.61B (period ending December 31, 2025).
How has Waste Management operating income changed year-over-year?
- Waste Management (WM) operating income changed +11.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Waste Management operating income?
- Waste Management (WM) operating income compound annual growth rate is +13.2% over the most recent 5 years available.
When did Waste Management operating income hit its highest annual value?
- Waste Management operating income reached its highest annual value of $4.61B in 2025.
What was Waste Management operating income in 2024?
- Waste Management (WM) operating income in 2024 was $4.15B.
What was Waste Management operating income in 2025?
- Waste Management (WM) operating income in 2025 was $4.61B.
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