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Waste Management Inc (WM) |
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WM's Operating Income Growth by Quarter and Year
Waste Management Inc's Operating Income results by quarter and year
Select the Comparisons :
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Select the Ratio:
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Operating Income Growth Y/Y▼
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Operating Income Growth Y/Y▼
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WM Operating Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
785.00
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765.00
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718.00
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654.00
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III Quarter |
September |
1,021.00
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942.00
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806.00
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680.00
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II Quarter |
June |
944.00
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890.00
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791.00
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527.00
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I Quarter |
March |
825.00
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768.00
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650.00
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573.00
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FY |
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3,575.00
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3,365.00
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2,965.00
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2,434.00
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WM Operating Income fourth quarter 2023 Y/Y Growth Comment |
Waste Management Inc reported Operating Income growth of 2.61% year on year in the fourth quarter 2023, to $ 785.00 millions, this is lower than Waste Management Inc's recent average Operating Income increase of 12.4%.
Among companies who have reported fourth quarter 2023 results in the Environmental Services industry only one Company has achieved higher year on year Operating Income results in the fourth quarter 2023. While Waste Management Inc' s Operating Income increase of 2.61% ranks overall at the positon no. 696 in the fourth quarter 2023.
Explain Operating Income growth
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WM Operating Income ( Y/Y Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
2.61 % |
6.55 % |
9.79 % |
-0.15 % |
III Quarter |
September |
8.39 % |
16.87 % |
18.53 % |
-7.36 % |
II Quarter |
June |
6.07 % |
12.52 % |
50.09 % |
-24.28 % |
I Quarter |
March |
7.42 % |
18.15 % |
13.44 % |
-7.73 % |
FY |
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6.24 % |
13.49 % |
21.82 % |
-10.05 % |
WM Operating Income (Quarter on Quarter Growth %) |
2023
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2022 |
2021 |
2020 |
IV Quarter |
December |
-23.11 % |
-18.79 % |
-10.92 % |
-3.82 % |
III Quarter |
September |
8.16 % |
5.84 % |
1.9 % |
29.03 % |
II Quarter |
June |
14.42 % |
15.89 % |
21.69 % |
-8.03 % |
I Quarter |
March |
7.84 % |
6.96 % |
-0.61 % |
-12.52 % |
FY (Year on Year) |
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6.24 % |
13.49 % |
21.82 % |
-10.05 % |
Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
(Dec 31 2017) |
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(June 30. 2008) |
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Operating Income Y/Y Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
(Dec 31 2017) |
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(June 30. 2008) |
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Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
Waste Management Inc's Q/Q Operating Income Growth
Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
157.8 % |
3.42 % |
-54.44 % |
(June 30. 2007) |
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WM's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Waste Management Inc reported fall in Operating Income from the previous quarter by -23.11% to $ 785.00 millions, from $ 1,021.00 millions achived in the previous reporting period.
But that's not big concern, as Operating Income always tend to dip in this quarter.
Within Environmental Services industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Waste Management Inc's Operating Income growth quarter on quarter, overall rank is 943. |
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Operating Income Q/Q Growth Statistics |
High |
Average |
Low |
157.8 % |
3.42 % |
-54.44 % |
(June 30. 2007) |
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WM's IV. Quarter Q/Q Operating Income Comment |
In the IV. Quarter 2023 Waste Management Inc disclosed fall in Operating Income from the previous quarter by -23.11% to $ 785.00 millions, from $ 1,021.00 millions declared in the previous reporting period.
If you look into recent shortcoming at the IV. Quarter, you suppose to assume, that commonly IV. Quarter Operating Income appear to be softer then in the third quarter, Victoria Phillips, a business consultant added.
Within Environmental Services industry 2 other companies have achieved higher Operating Income quarter on quarter growth. While Waste Management Inc's Operating Income growth quarter on quarter, overall rank is 943. |
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Waste Management Inc's 12 Months Operating Income Growth Year on Year
Operating Income TTM Growth |
12 Months Ending (Dec 31 2023) |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
Cumulative Operating Income 12 Months Ending |
$ 3,575.00 |
$ 3,555.00 |
$ 3,476.00 |
$ 3,422.00 |
$ 3,365.00 |
Y / Y Operating Income Growth (TTM) |
6.24 % |
7.14 % |
9.24 % |
11 % |
13.49 % |
Year on Year Operating Income Growth Overall
Ranking |
# 491 |
# 194 |
# 91 |
# 109 |
# 578 |
Seqeuential Operating Income Change (TTM) |
0.56 % |
2.27 % |
1.58 % |
1.69 % |
1.42 % |
Seq. Operating Income Growth (TTM) Overall
Ranking |
# 696 |
# 263 |
# 133 |
# 199 |
# 972 |
Cumulative Operating Income growth
Comment |
With the quarterly Operating Income reported in the Dec 31 2023 period, Waste Management Inc's cumulative twelve months Operating Income were $ 3,575 millions, company would post below average annual Operating Income growth of 1.42% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Waste Management Inc's Operating Income growth from the 1021% growth in Sep 30 2023. Comparing the results with it's peers in Environmental Services industry, Waste Management Inc's trailing twelve months Operating Income growth, were the second highest.
In the Services sector 78 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 194 to 491. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 2 |
Sector |
# 109 |
S&P 500 |
# 696 |
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Cumulative Operating Income growth
Comment |
With the quarterly Operating Income reported in the Dec 31 2023 period, Waste Management Inc's cumulative twelve months Operating Income were $ 3,575 millions, company would post below average annual Operating Income growth of -241.2% year on year, if the fiscal year would end at Dec 31 2023. A slow-down in the Waste Management Inc's Operating Income growth from the 1021% growth in Sep 30 2023. Comparing the results with it's peers in Environmental Services industry, Waste Management Inc's trailing twelve months Operating Income growth, were the second highest.
In the Services sector 78 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 194 to 491. |
Operating Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
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Operating Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
250.07 % |
12.4 % |
-241.2 % |
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Operating Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 2 |
Sector |
# 109 |
S&P 500 |
# 696 |
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