Waste Management (WM) Revenue & Revenue Breakdown

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Waste Management Revenue Highlights

Latest Revenue (Y)

$25.20B

Latest Revenue (Q)

$6.44B

Main Segment (Y)

Commercial

Main Geography (Y)

C [A]

Waste Management Revenue by Period

Waste Management Revenue by Year

Date	Revenue	Change
2025-12-31	$25.20B	14.24%
2024-12-31	$22.06B	8.01%
2023-12-31	$20.43B	3.70%
2022-12-31	$19.70B	9.85%
2021-12-31	$17.93B	17.83%
2020-12-31	$15.22B	-1.53%
2019-12-31	$15.46B	3.63%
2018-12-31	$14.91B	2.96%
2017-12-31	$14.48B	6.44%
2016-12-31	$13.61B	5.00%
2015-12-31	$12.96B	-7.39%
2014-12-31	$14.00B	0.09%
2013-12-31	$13.98B	2.45%
2012-12-31	$13.65B	2.03%
2011-12-31	$13.38B	6.90%
2010-12-31	$12.52B	6.14%
2009-12-31	$11.79B	-11.93%
2008-12-31	$13.39B	0.59%
2007-12-31	$13.31B	-0.40%
2006-12-31	$13.36B	2.21%
2005-12-31	$13.07B	4.46%
2004-12-31	$12.52B	8.14%
2003-12-31	$11.57B	3.88%
2002-12-31	$11.14B	-1.59%
2001-12-31	$11.32B	-9.37%
2000-12-31	$12.49B	-4.84%
1999-12-31	$13.13B	3.33%
1998-12-31	$12.70B	386.02%
1997-12-31	$2.61B	99.01%
1996-12-31	$1.31B	187.33%
1995-12-31	$457.10M	-

Waste Management generated $25.20B in revenue during NA 2025, up 14.24% compared to the previous quarter, and up 165.62% compared to the same period a year ago.

Waste Management Revenue by Quarter

Date	Revenue	Change
2025-09-30	$6.44B	0.20%
2025-06-30	$6.43B	6.85%
2025-03-31	$6.02B	2.12%
2024-12-31	$5.89B	5.06%
2024-09-30	$5.61B	3.83%
2024-06-30	$5.40B	4.71%
2024-03-31	$5.16B	-1.11%
2023-12-31	$5.22B	0.37%
2023-09-30	$5.20B	1.54%
2023-06-30	$5.12B	4.64%
2023-03-31	$4.89B	-0.87%
2022-12-31	$4.93B	-2.76%
2022-09-30	$5.08B	0.95%
2022-06-30	$5.03B	7.85%
2022-03-31	$4.66B	-0.36%
2021-12-31	$4.68B	0.28%
2021-09-30	$4.67B	4.22%
2021-06-30	$4.48B	8.85%
2021-03-31	$4.11B	1.11%
2020-12-31	$4.07B	5.34%
2020-09-30	$3.86B	8.42%
2020-06-30	$3.56B	-4.51%
2020-03-31	$3.73B	-3.04%
2019-12-31	$3.85B	-3.05%
2019-09-30	$3.97B	0.53%
2019-06-30	$3.95B	6.76%
2019-03-31	$3.70B	-3.80%
2018-12-31	$3.84B	0.52%
2018-09-30	$3.82B	2.22%
2018-06-30	$3.74B	6.49%
2018-03-31	$3.51B	-3.86%
2017-12-31	$3.65B	-1.72%
2017-09-30	$3.72B	1.06%
2017-06-30	$3.68B	6.89%
2017-03-31	$3.44B	-0.58%
2016-12-31	$3.46B	-2.48%
2016-09-30	$3.55B	3.59%
2016-06-30	$3.42B	7.84%
2016-03-31	$3.18B	-2.16%
2015-12-31	$3.25B	-3.39%
2015-09-30	$3.36B	1.36%
2015-06-30	$3.31B	9.05%
2015-03-31	$3.04B	-11.55%
2014-12-31	$3.44B	-4.58%
2014-09-30	$3.60B	1.15%
2014-06-30	$3.56B	4.86%
2014-03-31	$3.40B	-2.97%
2013-12-31	$3.50B	-3.34%
2013-09-30	$3.62B	2.69%
2013-06-30	$3.53B	5.70%
2013-03-31	$3.34B	-2.85%
2012-12-31	$3.43B	-0.78%
2012-09-30	$3.46B	0.06%
2012-06-30	$3.46B	4.98%
2012-03-31	$3.29B	-3.26%
2011-12-31	$3.41B	-3.29%
2011-09-30	$3.52B	5.23%
2011-06-30	$3.35B	7.86%
2011-03-31	$3.10B	-2.64%
2010-12-31	$3.19B	-1.48%
2010-09-30	$3.23B	2.44%
2010-06-30	$3.16B	7.60%
2010-03-31	$2.94B	-2.36%
2009-12-31	$3.01B	-

Waste Management generated $6.44B in revenue during Q3 2025, up 0.20% compared to the previous quarter, and up 119.27% compared to the same period a year ago.

Waste Management Revenue Breakdown

Waste Management Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Residential	$3.60B	$3.47B	$3.34B	$3.17B	-
Commercial	$6.52B	$5.37B	$5.45B	$4.76B	-
Healthcare Solutions	$2.95B	$403.00M	-	-	-
Industrial	$3.99B	$3.09B	$3.68B	$3.21B	-
Landfill	$5.35B	$3.44B	-	-	-
Other Collection	$3.46B	$2.96B	$699.00M	$533.00M	-
Recycling Processing and Sales	$1.87B	$1.60B	-	-	-
Transfer	$2.63B	$1.38B	$2.14B	$2.07B	-
Collection	-	$24.21B	$23.27B	$13.17B	$11.68B
Recycling	-	$1.89B	$1.58B	$1.70B	$1.68B
WM Renewable Energy	-	$318.00M	$276.00M	-	-
Landfill Line Of Business	-	-	-	$4.60B	$4.15B

Waste Management's latest annual revenue breakdown by segment (product or service), as of Dec 25: Commercial (21.47%), Landfill (17.61%), Industrial (13.14%), Residential (11.85%), Other Collection (11.41%), Healthcare Solutions (9.72%), Transfer (8.66%), and Recycling Processing and Sales (6.15%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Transfer	$1.51B	$396.00M	$681.00M	$336.00M	$585.00M	$540.00M	$541.00M	$562.00M	$554.00M	$486.00M	$525.00M	$550.00M	$532.00M	$465.00M	$493.00M	$482.00M	-	-	-	-
Residential	$969.00M	$884.00M	$894.00M	$872.00M	$866.00M	$854.00M	$856.00M	$846.00M	$832.00M	$805.00M	$801.00M	$795.00M	$794.00M	$782.00M	$747.00M	$662.00M	-	-	-	-
Recycling Processing and Sales	$729.00M	$372.00M	$482.00M	$384.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Collection	$1.09B	$819.00M	$864.00M	$753.00M	$191.00M	$172.00M	$178.00M	$187.00M	$181.00M	$153.00M	$142.00M	$140.00M	$135.00M	$116.00M	$118.00M	$120.00M	-	-	-	-
Commercial	$2.32B	$1.42B	$1.62B	$1.38B	$1.42B	$1.41B	$1.42B	$1.39B	$1.35B	$1.29B	$1.24B	$1.21B	$1.18B	$1.13B	$1.09B	$1.02B	-	-	-	-
Healthcare Solutions	$1.06B	$628.00M	$647.00M	$619.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Industrial	$1.65B	$808.00M	$1.01B	$741.00M	$974.00M	$933.00M	$937.00M	$966.00M	$942.00M	$836.00M	$827.00M	$829.00M	$811.00M	$743.00M	$743.00M	$709.00M	-	-	-	-
Landfill	$2.48B	$995.00M	$1.45B	$840.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
WM Renewable Energy	-	$115.00M	$115.00M	$91.00M	$163.00M	$88.00M	$70.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
Landfill Line Of Business	-	-	-	$1.19B	$1.26B	$1.15B	$1.16B	$1.20B	$1.19B	$1.05B	$1.06B	$1.10B	$1.07B	$915.00M	$960.00M	$946.00M	-	-	-	-
Recycling	-	-	-	$465.00M	$912.00M	$503.00M	$475.00M	$848.00M	$370.00M	$358.00M	$360.00M	$420.00M	$468.00M	$453.00M	$478.00M	$464.00M	$397.00M	$342.00M	$308.00M	$290.00M
Collection	-	-	-	$10.29B	$11.86B	$6.27B	$6.08B	$16.45B	$3.46B	$3.37B	$3.39B	$3.39B	$3.31B	$3.08B	$3.01B	$2.98B	$2.92B	$2.77B	$2.69B	$2.52B
All Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$513.00M	$477.00M	$479.00M	$458.00M

Waste Management's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Landfill (20.97%), Commercial (19.67%), Industrial (13.97%), Transfer (12.77%), Other Collection (9.27%), Healthcare Solutions (8.96%), Residential (8.21%), and Recycling Processing and Sales (6.17%).

Waste Management Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
C [A]	$967.00M	$852.00M	-	-	-
U [S]	-	$21.11B	-	-	-
Western	-	-	$9.99B	$10.19B	$9.37B
Eastern	-	-	-	$10.28B	$9.28B

Waste Management's latest annual revenue breakdown by geography, as of Dec 25: C [A] (100.00%).

Quarterly Revenue by Country

Country	Sep 25	Jun 25	Mar 25	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21
Western	$2.79B	$2.81B	$2.59B	$2.69B	$2.62B	$7.45B	$2.54B	$2.55B	$2.62B	$2.61B	$2.41B	-	-	-
Other	-	-	-	-	-	-	$843.00M	$812.00M	$779.00M	-	-	-	-	-
Eastern	-	-	-	-	-	-	-	$2.64B	$2.64B	$2.65B	$2.61B	$2.38B	-	-

Waste Management's latest quarterly revenue breakdown by geography, as of Sep 25: Western (100.00%).

Waste Management Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
UPS	United Parcel Service	$88.66B	$21.41B
NOC	Northrop Grumman	$41.95B	$10.42B
WM	Waste Management	$25.20B	$6.44B
MMM	3M	$24.95B	$6.52B
JCI	Johnson Controls	$23.60B	$5.80B
EMR	Emerson Electric	$18.02B	$4.35B
RSG	Republic Services	$16.59B	$4.21B
ITW	Illinois Tool Works	$16.04B	$4.06B
CTAS	Cintas	$10.34B	$2.80B
WCN	Waste Connections	$9.47B	$3.71B
TDG	TransDigm Group	$8.83B	$2.29B

WM Revenue FAQ

What is Waste Management’s yearly revenue?

Waste Management's yearly revenue for 2025 was $25.2B, representing an increase of 14.24% compared to 2024. The company's yearly revenue for 2024 was $22.06B, representing an increase of 8.01% compared to 2023. WM's yearly revenue for 2023 was $20.43B, representing an increase of 3.70% compared to 2022.

What is Waste Management’s quarterly revenue?

Waste Management's quarterly revenue for Q3 2025 was $6.44B, a 0.20% increase from the previous quarter (Q2 2025), and a 14.87% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $6.43B, a 6.85% increase from the previous quarter (Q1 2025), and a 19.03% increase year-over-year (Q2 2024). WM's quarterly revenue for Q1 2025 was $6.02B, a 2.12% increase from the previous quarter (Q4 2024), and a 16.65% increase year-over-year (Q1 2024).

What is Waste Management’s revenue growth rate?

Waste Management's revenue growth rate for the last 3 years (2023-2025) was 23.39%, and for the last 5 years (2021-2025) was 40.56%.

What are Waste Management’s revenue streams?

Waste Management's revenue streams in c 25 are Residential, Commercial, Healthcare Solutions, Industrial, Landfill, Other Collection, Recycling Processing and Sales, and Transfer. Residential generated $3.6B in revenue, accounting 11.85% of the company's total revenue, up 3.78% year-over-year. Commercial generated $6.52B in revenue, accounting 21.47% of the company's total revenue, up 21.39% year-over-year. Healthcare Solutions generated $2.95B in revenue, accounting 9.72% of the company's total revenue, up 632.26% year-over-year. Industrial generated $3.99B in revenue, accounting 13.14% of the company's total revenue, up 29.14% year-over-year. Landfill generated $5.35B in revenue, accounting 17.61% of the company's total revenue, up 55.21% year-over-year. Other Collection generated $3.46B in revenue, accounting 11.41% of the company's total revenue, up 16.84% year-over-year. Recycling Processing and Sales generated $1.87B in revenue, accounting 6.15% of the company's total revenue, up 16.41% year-over-year. Transfer generated $2.63B in revenue, accounting 8.66% of the company's total revenue, up 90.37% year-over-year.

What is Waste Management’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Waste Management was Commercial. This segment made a revenue of $6.52B, representing 21.47% of the company's total revenue.