Waste Management Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Waste Management Inc (WM). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 |
|---|---|---|---|
| Collection and Disposal [Member] | FPQ17.84B 90.6% | FPQ18.87B 92.4% · +5.7% | FPQ19.72B 89.4% · +4.5% |
| Recycling Processing and Sales [Member] | FPQ1.52B 7.7% | FPQ1.26B 6.2% · -16.6% | FPQ1.60B 7.3% · +26.8% |
| WM Healthcare Solutions [Member] | – | – | FPQ403.0M 1.8% |
| WM Renewable Energy [Member] | FPQ312.0M 1.6% | FPQ273.0M 1.3% · -12.5% | FPQ318.0M 1.4% · +16.5% |
| Corporate and Other [Member] | FPQ27.0M 0.1% | FPQ24.0M 0.1% · -11.1% | FPQ23.0M 0.1% · -4.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2022 | 2023 | 2024 |
|---|---|---|---|
| Collection and Disposal [Member] | FPQ4.36B 24.4% | FPQ4.82B 25.6% | FPQ5.44B 27.6% |
| Recycling Processing and Sales [Member] | FPQ128.0M 8.4% | -FPQ44.0M -3.5% | FPQ86.0M 5.4% |
| WM Healthcare Solutions [Member] | – | – | -FPQ69.0M -17.1% |
| WM Renewable Energy [Member] | FPQ132.0M 42.3% | FPQ79.0M 28.9% | FPQ99.0M 31.1% |
| Corporate and Other [Member] | -FPQ1.26B -4,648.1% | -FPQ1.28B -5,337.5% | -FPQ1.50B -6,508.7% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| US | EXA14.51B 95.3% | EXA17.14B 95.6% · +18.1% | EXA18.86B 95.7% · +10.1% | EXA19.60B 95.9% · +3.9% | EXA21.11B 95.7% · +7.7% | EXA23.91B 94.9% · +13.3% |
| Canada [Member] | EXA713.0M 4.7% | EXA795.0M 4.4% · +11.5% | EXA838.0M 4.3% · +5.4% | EXA813.0M 4.0% · -3.0% | EXA852.0M 3.9% · +4.8% | EXA967.0M 3.8% · +13.5% |
| Western Europe and other | – | – | – | EXA18.0M 0.1% | EXA104.0M 0.5% · +477.8% | EXA326.0M 1.3% · +213.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.