WM's Growth Comparisons in III. Quarter 2024
Comparing 7.91% year on year top-line growth in the third quarter 2024, Waste Management Inc grew on the lower pace than the 8.46% growth in the Environmental Services industry, but beating the 5.25% growth in the Services sector. Above the average sales gains in the Services and in the Environmental Services industry as well, helped to elevate overall market growth to 3.85%.
Comparing the company's Revenue to the second quarter results, sales were higher by 3.83% . On the yearly basis, average annual sales growth for Waste Management Inc is 6.49%, while S & P 500's including only Businesses with the third quarter 2024 earnings, average annual sales growth is 7.78% over the past five years.
Segment Name |
Y / Y |
Seq. |
Collection and Disposal |
|
5.46 % |
3.16 % |
Collection and Disposal East Tier |
|
- |
- |
Collection and Disposal West Tier |
|
- |
- |
Collection and Disposal Other Ancillary |
|
- |
- |
Recycling Processing and Sales |
|
30.31 % |
5.89 % |
WM Renewable Energy |
|
29.41 % |
25.71 % |
Corporate and Other |
|
0 % |
0 % |
Collection and Disposal Processing fees |
|
81.25 % |
- |
Collection and Disposal Royalty |
|
30 % |
- |
Intercompany Revenues |
|
4.2 % |
2.51 % |
Intercompany Revenues Collection and Disposal |
|
5.51 % |
- |
Intercompany Revenues Collection and Disposal East Tier |
|
6.65 % |
- |
Intercompany Revenues Collection and Disposal West Tier |
|
5.17 % |
- |
Intercompany Revenues Collection and Disposal Other Ancillary |
|
-4.17 % |
- |
Intercompany Revenues Recycling Processing and Sales |
|
-12.35 % |
- |
Intercompany Revenues WM Renewable Energy |
|
0 % |
- |
Intercompany Revenues Corporate and Other |
|
-14.29 % |
- |
Collection and Disposal Collection |
|
4.69 % |
- |
Collection and Disposal Commercial |
|
6.83 % |
- |
Collection and Disposal Industrial |
|
2.14 % |
- |
Collection and Disposal Residential |
|
2.51 % |
- |
Collection and Disposal Other Collection |
|
6.34 % |
- |
Collection and Disposal Landfill |
|
6.83 % |
- |
Collection and Disposal Transfer |
|
7.91 % |
- |
InterEliminations |
|
- |
- |
InterEliminations Collection and Disposal |
|
- |
- |
InterEliminations Collection and Disposal Collection |
|
- |
- |
InterEliminations Collection and Disposal Commercial |
|
- |
- |
InterEliminations Collection and Disposal Industrial |
|
- |
- |
InterEliminations Collection and Disposal Residential |
|
- |
- |
InterEliminations Collection and Disposal Other Collection |
|
- |
- |
InterEliminations Collection and Disposal Landfill |
|
- |
- |
InterEliminations Collection and Disposal Transfer |
|
- |
- |
InterEliminations Recycling Processing and Sales |
|
- |
- |
InterEliminations WM Renewable Energy |
|
- |
- |
InterEliminations Corporate and Other |
|
- |
- |
Total |
|
- |
3.83 % |
Waste Management Inc improved it's EPS by 15.34% from the same quarter a year ago, in the third quarter 2024, and underperformed the 15.71% rise in the Environmental Services industry, but beating the -6.59% decrease in the Services sector. Comparing third quarter income per share growth, both Environmental Services industry and Waste Management Inc outperformed -6.46% overall market increase.
The bottom-line improved by 11.24% from the second quarter. Looking into annual income per share rise of 4.93%, and S & P 500's average yearly income per share growth is 7.48% over the five years, including only Businesses with the third quarter 2024 earnings reports. Waste Management Inc grew less than the market.