WM financials
Waste Management, Inc. · end-of-day data as of Oct 16, 2026
Waste Management, Inc.
$226.86-4.6%
Buy · 28 analystsPT $247.61 +9.1%
WM reported revenue of $6.68B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 4.0% from a year earlier. It posted diluted EPS of $1.95, free cash flow of $1.1B and a net margin of 11.7%.
Valuation
- P/E32.1x
- P/E vs own-2.9%
- P/E vs sector+12.7%
- FCF yield+3.9%
- Market cap$90.68B
Quarterly results
Q2 FY2026: Revenue +4.0% year over year, free cash flow 16.4% of revenue, operating margin 18.7%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $6.68B | 1.95 | $1.1B | 40.8% | 18.7% | 11.7% |
| Q1 FY2026 | Mar 31, 2026 | $6.23B | 1.79 | $851M | 40.7% | 17.9% | 11.6% |
| Q4 FY2025 | Dec 31, 2025 | $6.31B | 1.83 | $810M | 29.3% | 18.6% | 11.8% |
| Q3 FY2025 | Sep 30, 2025 | $6.44B | 1.49 | $816M | 29.2% | 18.9% | 9.4% |
| Q2 FY2025 | Jun 30, 2025 | $6.43B | 1.80 | $813M | 29.3% | 18.5% | 11.3% |
| Q1 FY2025 | Mar 31, 2025 | $6.02B | 1.58 | $377M | 28.5% | 17.1% | 10.6% |
| Q4 FY2024 | Dec 31, 2024 | $5.89B | 1.48 | $396M | 28.6% | 16.0% | 10.1% |
| Q3 FY2024 | Sep 30, 2024 | $5.61B | 1.88 | $577M | 29.5% | 20.1% | 13.5% |
| Q2 FY2024 | Jun 30, 2024 | $5.4B | 1.69 | $487M | 29.0% | 19.8% | 12.6% |
| Q1 FY2024 | Mar 31, 2024 | $5.16B | 1.75 | $699M | 29.2% | 19.7% | 13.7% |
| Q4 FY2023 | Dec 31, 2023 | $5.22B | 1.22 | $340M | 29.6% | 19.8% | 9.4% |
| Q3 FY2023 | Sep 30, 2023 | $5.2B | 1.63 | $590M | 28.7% | 19.6% | 12.8% |