Waste Management balance sheet

At the end of fiscal 2025, Waste Management had total assets of $45.84bn, total liabilities of $35.84bn and shareholders' equity of $9.99bn. It held $201m in cash against $22.91bn of debt.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Waste Management: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	1.1	0.5	0.3	0.2	0.1	1.3	0.0	0.0	0.0	0.1	3.6	0.6	0.1	0.4	0.5	0.4	0.2	0.2
Receivables	1.4	1.5	1.6	1.7	1.7	1.6	1.5	1.7	1.8	1.9	1.9	2.1	2.3	2.5	2.6	3.3	3.4	3.7
Total current assets	3.0	2.5	2.4	2.4	2.5	3.5	2.3	2.4	2.7	2.6	6.2	3.5	3.1	3.6	3.8	4.8	4.9	5.3
Goodwill	5.6	5.7	6.2	6.3	6.1	5.7	6.0	6.2	6.2	6.4	6.5	9.0	9.0	9.3	9.3	13.4	13.9	14.0
Total assets	21.2	21.5	22.6	23.1	22.5	21.3	20.4	20.9	21.8	22.7	27.7	29.3	29.1	31.4	32.8	44.6	45.8	46.5
Accounts payable	0.6	0.7	0.8	0.8	0.7	0.7	0.7	0.8	1.0	1.0	1.1	1.1	1.4	1.8	1.7	2.0	1.9	2.0
Deferred revenue (current)	—	—	—	—	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.6	0.6	0.6	0.7	0.7	0.8
Total current liabilities	2.9	2.5	3.1	3.0	3.0	3.5	2.5	2.8	3.3	3.1	3.1	3.6	4.1	4.4	4.2	6.3	5.5	6.4
Short-term debt	0.7	0.2	0.6	0.7	0.7	1.1	0.3	0.4	0.7	0.4	0.2	0.6	0.7	0.4	0.3	1.4	0.7	1.5
Long-term debt	8.1	8.7	9.1	9.2	9.5	8.3	8.7	8.9	8.8	9.6	13.3	13.3	12.7	14.6	15.9	22.5	22.2	21.8
Total debt	8.9	8.9	9.8	9.9	10.2	9.4	8.9	9.3	9.5	10.0	13.5	13.8	13.4	15.0	16.2	23.9	22.9	23.4
Total liabilities	14.6	14.9	16.2	16.4	16.6	15.4	15.0	15.5	15.8	16.4	20.7	21.9	22.0	24.5	25.9	36.3	35.8	36.7
Shareholders' equity	6.3	6.3	6.1	6.4	5.7	5.9	5.3	5.3	6.0	6.3	7.1	7.5	7.1	6.8	6.9	8.3	10.0	9.9
Shares outstanding	486m	475m	461m	464m	464m	459m	447m	439m	433m	424m	424m	423m	416m	408m	402m	402m	403m	398m

US$ billions unless shown otherwise. Fiscal quarters.

Waste Management: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	3.3	3.3	3.4	3.4	3.4	3.4	3.5	3.7
Total current assets	4.8	4.5	5.0	4.8	4.9	4.8	5.4	5.3
Goodwill	13.4	13.5	13.9	13.9	13.9	13.9	14.0	14.0
Total assets	44.6	44.5	45.7	45.6	45.8	45.7	46.4	46.5
Accounts payable	2.0	1.9	2.0	2.1	1.9	1.8	2.0	2.0
Deferred revenue (current)	0.7	0.7	0.7	0.7	0.7	0.8	0.8	0.8
Total current liabilities	6.3	5.3	5.8	5.7	5.5	5.1	5.9	6.4
Short-term debt	1.4	1.0	1.0	0.9	0.7	0.6	1.1	1.5
Long-term debt	22.5	22.9	23.1	22.5	22.2	22.3	22.3	21.8
Total debt	23.9	23.8	24.0	23.4	22.9	22.9	23.4	23.4
Total liabilities	36.3	35.8	36.5	36.1	35.8	35.7	36.5	36.7
Shareholders' equity	8.3	8.7	9.2	9.5	10.0	10.0	9.9	9.9
Shares outstanding	402m	402m	403m	403m	403m	402m	400m	398m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Waste Management's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Waste Management.