Waste Management Cash Flow Statement
NYSE: WMUtilitiesEnvironmental ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Waste Management free cash flow
In fiscal 2025, Waste Management generated $6.04 billion of operating cash flow and spent $3.23 billion on capital expenditures. That left free cash flow of $2.82 billion, a free-cash-flow margin of 11.2% of revenue. Free cash flow was up 30.4% from the prior year's $2.16 billion.
Waste Management returned $1.33 billion to shareholders through dividends, equal to 47% of free cash flow. Free cash flow covered dividend payments 2.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Waste Management cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.71B | 2.75B | 2.28B | 2.24B | 1.82B | 1.50B | 1.67B | 1.92B | 1.95B | 1.18B |
| Net Income growth (YoY) | -1.31% | +20.61% | +1.61% | +23.28% | +21.46% | -10.47% | -13.10% | -1.33% | +65.17% | +56.91% |
| Depreciation & Amortization | 2.86B | 2.27B | 2.07B | 2.04B | 2.00B | 1.67B | 1.57B | 1.48B | 1.38B | 1.30B |
| Stock-Based Compensation | 169.00M | 118.00M | 93.00M | 84.00M | 108.00M | 94.00M | 86.00M | 89.00M | 101.00M | 90.00M |
| Change in Working Capital | -470.00M | -32.00M | -71.00M | 64.00M | 234.00M | -216.00M | 190.00M | 187.00M | -145.00M | 114.00M |
| Operating Cash Flow | 6.04B | 5.39B | 4.72B | 4.54B | 4.34B | 3.40B | 3.87B | 3.57B | 3.18B | 3.00B |
| Capital Expenditures | -3.23B | -3.23B | -2.90B | -2.81B | -2.04B | -1.58B | -1.81B | -1.67B | -1.57B | -1.35B |
| Investing Cash Flow | -3.57B | -10.60B | -3.09B | -3.06B | -1.89B | -4.85B | -2.38B | -2.17B | -1.62B | -1.93B |
| Dividends Paid | -1.33B | -1.21B | -1.14B | -1.08B | -970.00M | -927.00M | -876.00M | -802.00M | -750.00M | -726.00M |
| Share Repurchases | — | -262.00M | -1.30B | -1.50B | -1.35B | -402.00M | -248.00M | -1.00B | -750.00M | -725.00M |
| Debt Issued | 20.41B | 24.58B | 21.31B | 8.69B | 7.95B | 9.42B | 13.24B | 359.00M | 1.48B | 3.06B |
| Debt Repaid | -21.75B | -17.87B | -20.39B | -7.33B | -8.40B | -9.63B | -10.09B | -499.00M | -1.91B | -2.68B |
| Financing Cash Flow | -2.67B | 5.16B | -1.52B | -1.22B | -2.90B | -1.56B | 1.96B | -1.51B | -1.36B | -1.08B |
| Net Change in Cash | -190.00M | -65.00M | 107.00M | 251.00M | -454.00M | -3.00B | 3.46B | -110.00M | 199.00M | -10.00M |
| Free Cash Flow | 2.82B | 2.16B | 1.82B | 1.73B | 2.30B | 1.82B | 2.06B | 1.90B | 1.61B | 1.66B |
This table shows 10 annual periods of Waste Management's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WM's reporting calendar. What is a cash flow statement?