Waste Management revenue

Waste Management's revenue was $25.20bn in fiscal 2025, up 14.2% on the year before. Since fiscal 2009 ($11.79bn) it has grown at a compound 4.9% a year. Over the last twelve months it was $26.07bn.

Revenue history

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

Waste Management: revenue history, 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
Revenue	11.8	12.5	13.4	13.6	14.0	14.0	13.0	13.6	14.5	14.9	15.5	15.2	17.9	19.7	20.4	22.1	25.2	26.1
Growth on the year before	—	+6.1%	+6.9%	+2.0%	+2.4%	+0.1%	−7.4%	+5.0%	+6.4%	+3.0%	+3.6%	−1.5%	+17.8%	+9.9%	+3.7%	+8.0%	+14.2%	—
Gross profit	—	—	—	4.8	4.9	5.0	4.7	5.1	5.5	5.7	6.0	5.9	6.8	7.4	7.8	8.7	10.2	10.5

US$ millions unless shown otherwise. Fiscal quarters.

Waste Management: revenue history, 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
Revenue	5,893	6,018	6,430	6,443	6,313	6,227	6,684	6,846
Growth on the same quarter a year before	—	—	—	—	+7.1%	+3.5%	+4.0%	+6.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025

Segments
Line of business	Revenue	Share	YoY
Collection and Disposal	$20.7B	82.1%	▲ 5.0%
East Tier Region Areas (part of Collection and Disposal)	$9B	43.6%	▲ 3.8%
West Tier Region Areas (part of Collection and Disposal)	$8.7B	42.1%	▲ 5.2%
All Other Segments (part of Collection and Disposal)	$2.9B	14.2%	▲ 8.1%
Healthcare Solutions	$2.5B	10.0%	▲ 522.3%
Recycling Processing and Sales	$1.5B	5.9%	▼ 6.9%
Renewable Energy	$478M	1.9%	▲ 50.3%
Corporate and Other	$22M	0.1%	▼ 4.3%

Products and services
Line of business	Revenue	Share	YoY
Collection and Disposal	$20.7B	82.1%	▲ 5.0%
Collection (part of Collection and Disposal)	$15.4B	74.5%	▲ 3.6%
Landfill (part of Collection and Disposal)	$3.8B	18.3%	▲ 9.8%
Transfer (part of Collection and Disposal)	$1.5B	7.3%	▲ 8.8%
Healthcare Solutions	$2.5B	10.0%	▲ 522.3%
Recycling Processing and Sales	$1.5B	5.9%	▼ 6.9%
Renewable Energy	$478M	1.9%	▲ 50.3%
Other services	$22M	0.1%	▼ 4.3%

Geography
Region	Revenue	Share	YoY
United States	$23.9B	94.9%	▲ 13.3%
Canada	$967M	3.8%	▲ 13.5%
Western Europe and Other Countries	$326M	1.3%	▲ 213.5%

From Waste Management's 10-K filed February 9, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Environmental & Facilities Services: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Waste Management	$26.07bn	5.2%	9.0%
Republic Services	$19.71bn	4.1%	5.2%
Waste Connections, Inc.	$9.94bn	6.3%	8.2%
ABM Industries Inc	$9.15bn	6.0%	4.5%
Clean Harbors Inc	$6.56bn	10.1%	7.1%
Veralto	$5.80bn	6.4%	5.2%

Compare with peers

Head to head: RSG vs WM WCN vs WM ABM vs WM

More: Environmental & Facilities Services stocks compared, Industrials sector, rankings of US companies

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.