Waste Management annual free cash flow
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2025
Waste Management Free Cash Flow (FCF) History (WM)
Waste Management reported $2.82B in free cash flow for fiscal 2025, an increase of 30.43% from the previous fiscal year, with a free cash flow margin of 11.17%.
View full Waste Management company overviewWaste Management free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.82B | $657.0M | +30.43% | +11.17% |
| 2024 | 2024-12-31 | $2.16B | $335.0M | +18.37% | +9.79% |
| 2023 | 2023-12-31 | $1.82B | $97.0M | +5.62% | +8.93% |
| 2022 | 2022-12-31 | $1.73B | −$572.0M | −24.88% | +8.77% |
| 2021 | 2021-12-31 | $2.30B | $481.0M | +26.46% | +12.82% |
| 2020 | 2020-12-31 | $1.82B | −$241.0M | −11.70% | +11.95% |
| 2019 | 2019-12-31 | $2.06B | $160.0M | +8.43% | +13.32% |
| 2018 | 2018-12-31 | $1.90B | $287.0M | +17.80% | +12.73% |
| 2017 | 2017-12-31 | $1.61B | −$44.0M | −2.66% | +11.13% |
| 2016 | 2016-12-31 | $1.66B | $357.0M | +27.48% | +12.17% |
| 2015 | 2015-12-31 | $1.30B | $149.0M | +12.96% | +10.02% |
| 2014 | 2014-12-31 | $1.15B | −$38.0M | −3.20% | +8.22% |
| 2013 | 2013-12-31 | $1.19B | $403.0M | +51.34% | +8.50% |
| 2012 | 2012-12-31 | $785.0M | −$360.0M | −31.44% | +5.75% |
| 2011 | 2011-12-31 | $1.15B | −$26.0M | −2.22% | +8.56% |
| 2010 | 2010-12-31 | $1.17B | −$12.0M | −1.01% | +9.36% |
| 2009 | 2009-12-31 | $1.18B | −$171.0M | −12.63% | +10.03% |
| 2008 | 2008-12-31 | $1.35B | $126.0M | +10.26% | +10.11% |
| 2007 | 2007-12-31 | $1.23B | — | — | +9.23% |
Waste Management quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.10B | $283.0M | +34.81% | +16.40% |
| Q1 2026 | 2026-03-31 | $851.0M | $474.0M | +125.73% | +13.67% |
| Q4 2025 | 2025-12-31 | $810.0M | $414.0M | +104.55% | +12.83% |
| Q3 2025 | 2025-09-30 | $816.0M | $239.0M | +41.42% | +12.66% |
| Q2 2025 | 2025-06-30 | $813.0M | $326.0M | +66.94% | +12.64% |
| Q1 2025 | 2025-03-31 | $377.0M | −$322.0M | −46.07% | +6.26% |
| Q4 2024 | 2024-12-31 | $396.0M | $56.0M | +16.47% | +6.72% |
| Q3 2024 | 2024-09-30 | $577.0M | −$13.0M | −2.20% | +10.29% |
| Q2 2024 | 2024-06-30 | $487.0M | −$23.0M | −4.51% | +9.02% |
| Q1 2024 | 2024-03-31 | $699.0M | $315.0M | +82.03% | +13.55% |
| Q4 2023 | 2023-12-31 | $340.0M | $375.0M | — | +6.52% |
| Q3 2023 | 2023-09-30 | $590.0M | $165.0M | +38.82% | +11.35% |
| Q2 2023 | 2023-06-30 | $510.0M | $13.0M | +2.62% | +9.96% |
| Q1 2023 | 2023-03-31 | $384.0M | −$456.0M | −54.29% | +7.85% |
| Q4 2022 | 2022-12-31 | −$35.0M | −$117.0M | — | −0.71% |
| Q3 2022 | 2022-09-30 | $425.0M | −$295.0M | −40.97% | +8.37% |
| Q2 2022 | 2022-06-30 | $497.0M | −$150.0M | −23.18% | +9.89% |
| Q1 2022 | 2022-03-31 | $840.0M | −$10.0M | −1.18% | +18.02% |
| Q4 2021 | 2021-12-31 | $82.0M | −$324.0M | −79.80% | +1.75% |
| Q3 2021 | 2021-09-30 | $720.0M | $34.0M | +4.96% | +15.43% |
| Q2 2021 | 2021-06-30 | $647.0M | $227.0M | +54.05% | +14.45% |
| Q1 2021 | 2021-03-31 | $850.0M | $544.0M | +177.78% | +20.67% |
| Q4 2020 | 2020-12-31 | $406.0M | −$333.0M | −45.06% | +9.98% |
| Q3 2020 | 2020-09-30 | $686.0M | $217.0M | +46.27% | +17.77% |
| Q2 2020 | 2020-06-30 | $420.0M | −$12.0M | −2.78% | +11.79% |
| Q1 2020 | 2020-03-31 | $306.0M | −$113.0M | −26.97% | +8.21% |
| Q4 2019 | 2019-12-31 | $739.0M | $258.0M | +53.64% | +19.21% |
| Q3 2019 | 2019-09-30 | $469.0M | −$1.0M | −0.21% | +11.82% |
| Q2 2019 | 2019-06-30 | $432.0M | −$107.0M | −19.85% | +10.95% |
| Q1 2019 | 2019-03-31 | $419.0M | $10.0M | +2.44% | +11.34% |
| Q4 2018 | 2018-12-31 | $481.0M | $276.0M | +134.63% | +12.52% |
| Q3 2018 | 2018-09-30 | $470.0M | −$33.0M | −6.56% | +12.30% |
| Q2 2018 | 2018-06-30 | $539.0M | $25.0M | +4.86% | +14.42% |
| Q1 2018 | 2018-03-31 | $409.0M | $19.0M | +4.87% | +11.65% |
| Q4 2017 | 2017-12-31 | $205.0M | −$206.0M | −50.12% | +5.61% |
| Q3 2017 | 2017-09-30 | $503.0M | $123.0M | +32.37% | +13.54% |
| Q2 2017 | 2017-06-30 | $514.0M | $64.0M | +14.22% | +13.98% |
| Q1 2017 | 2017-03-31 | $390.0M | −$25.0M | −6.02% | +11.34% |
| Q4 2016 | 2016-12-31 | $411.0M | $220.0M | +115.18% | +11.88% |
| Q3 2016 | 2016-09-30 | $380.0M | $58.0M | +18.01% | +10.71% |
| Q2 2016 | 2016-06-30 | $450.0M | −$70.0M | −13.46% | +13.14% |
| Q1 2016 | 2016-03-31 | $415.0M | $149.0M | +56.02% | +13.07% |
| Q4 2015 | 2015-12-31 | $191.0M | $71.0M | +59.17% | +5.88% |
| Q3 2015 | 2015-09-30 | $322.0M | −$43.0M | −11.78% | +9.58% |
| Q2 2015 | 2015-06-30 | $520.0M | $173.0M | +49.86% | +15.69% |
| Q1 2015 | 2015-03-31 | $266.0M | −$52.0M | −16.35% | +8.75% |
| Q4 2014 | 2014-12-31 | $120.0M | −$34.0M | −22.08% | +3.49% |
| Q3 2014 | 2014-09-30 | $365.0M | −$48.0M | −11.62% | +10.13% |
| Q2 2014 | 2014-06-30 | $347.0M | $37.0M | +11.94% | +9.74% |
| Q1 2014 | 2014-03-31 | $318.0M | $7.0M | +2.25% | +9.36% |
| Q4 2013 | 2013-12-31 | $154.0M | −$45.0M | −22.61% | +4.40% |
| Q3 2013 | 2013-09-30 | $413.0M | $241.0M | +140.12% | +11.41% |
| Q2 2013 | 2013-06-30 | $310.0M | −$8.0M | −2.52% | +8.79% |
| Q1 2013 | 2013-03-31 | $311.0M | $215.0M | +223.96% | +9.32% |
| Q4 2012 | 2012-12-31 | $199.0M | −$118.0M | −37.22% | +5.79% |
| Q3 2012 | 2012-09-30 | $172.0M | −$174.0M | −50.29% | +4.97% |
| Q2 2012 | 2012-06-30 | $318.0M | $120.0M | +60.61% | +9.19% |
| Q1 2012 | 2012-03-31 | $96.0M | −$188.0M | −66.20% | +2.91% |
| Q4 2011 | 2011-12-31 | $317.0M | $62.0M | +24.31% | +9.31% |
| Q3 2011 | 2011-09-30 | $346.0M | −$69.0M | −16.63% | +9.82% |
| Q2 2011 | 2011-06-30 | $198.0M | −$62.0M | −23.85% | +5.92% |
| Q1 2011 | 2011-03-31 | $284.0M | $43.0M | +17.84% | +9.15% |
| Q4 2010 | 2010-12-31 | $255.0M | −$109.0M | −29.95% | +8.00% |
| Q3 2010 | 2010-09-30 | $415.0M | $80.0M | +23.88% | +12.83% |
| Q2 2010 | 2010-06-30 | $260.0M | −$30.0M | −10.34% | +8.23% |
| Q1 2010 | 2010-03-31 | $241.0M | $47.0M | +24.23% | +8.21% |
| Q4 2009 | 2009-12-31 | $364.0M | −$106.0M | −22.55% | +12.11% |
| Q3 2009 | 2009-09-30 | $335.0M | — | — | +11.08% |
| Q2 2009 | 2009-06-30 | $290.0M | — | — | +9.82% |
| Q1 2009 | 2009-03-31 | $194.0M | — | — | +6.90% |
| Q3 2008 | 2008-09-30 | $470.0M | — | — | +13.33% |
Waste Management free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.82B to $2.82B, a compound annual growth rate of 9.15%. Waste Management's latest reported quarter, Q2 2026, generated $1.10B in free cash flow, an increase of 34.81% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Waste Management filings at SEC.gov ↗