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Waste Management Inc  (WM)
Other Ticker:  
 
    Sector  Services    Industry Environmental Services
   Industry Environmental Services
   Sector  Services
 

WM's Operating Income Growth by Quarter and Year

Waste Management Inc's Operating Income results by quarter and year




WM Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 785.00 765.00 718.00 654.00
III Quarter September 1,021.00 942.00 806.00 680.00
II Quarter June 944.00 890.00 791.00 527.00
I Quarter March 825.00 768.00 650.00 573.00
FY   3,575.00 3,365.00 2,965.00 2,434.00



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


WM Operating Income ( Y/Y Growth %) 2023
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   6.24 % 13.49 % 21.82 % -10.05 %

Financial Statements
Waste Management Inc's fourth quarter 2023 Operating Income $ 785.00 millions WM's Income Statement
Waste Management Inc's fourth quarter 2022 Operating Income $ 765.00 millions Quarterly WM's Income Statement
New: More WM's historic Operating Income Growth >>


WM Operating Income (Quarter on Quarter Growth %)

2023
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)   6.24 % 13.49 % 21.82 % -10.05 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Environmental Services Industry #2
Services Sector #109
Overall #696

Operating Income Y/Y Growth Statistics
High Average Low
250.07 % 12.4 % -241.2 %
(Dec 31 2017)   (June 30. 2008)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Environmental Services Industry #2
Services Sector #109
Overall #696
Operating Income Y/Y Growth Statistics
High Average Low
250.07 % 12.4 % -241.2 %
(Dec 31 2017)   (June 30. 2008)

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)  


WM's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Waste Management Inc reported fall in Operating Income from the third quarter by -23.11% to $ 785.00 millions, from $ 1,021.00 millions declared a quarter before.

This is not huge issue, as Waste Management Inc's Operating Income generally seem 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.


Operating Income Q/Q Growth Company Ranking
Within: No.
Environmental Services Industry #3
Services Sector #132
Overall #943
Operating Income Q/Q Growth Company Ranking
Within: No.
Environmental Services Industry #3
Services Sector #132
Overall #943
Operating Income Q/Q Growth Statistics
High Average Low
157.8 % 3.42 % -54.44 %
(June 30. 2007)  


WM's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Waste Management Inc realized fall in Operating Income from the previous quarter by -23.11% to $ 785.00 millions, from $ 1,021.00 millions achived in the previous quarter.

This is not huge problem, as Operating Income always gravitate to slow in the IV. 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.


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 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Environmental Services Industry # 2
Services Sector # 79
Overall # 491

Operating Income TTM Y/Y Growth Statistics
High Average Low
250.07 %
12.4 %
-241.2 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 109
S&P 500 # 696
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 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Environmental Services Industry # 2
Services Sector # 79
Overall # 491

Operating Income TTM Y/Y Growth Statistics
High Average Low
250.07 %
12.4 %
-241.2 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 109
S&P 500 # 696




Other Operating Income Growth
Environmental Services Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
WM's Operating Income Growth Ratio versus Environmental Services Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for WM's Competitors
Operating Income Growth for Waste Management Inc's Suppliers
Operating Income Growth for WM's Customers

You may also want to know
WM's Annual Growth Rates WM's Profitability Ratios WM's Asset Turnover Ratio WM's Dividend Growth
WM's Roe WM's Valuation Ratios WM's Financial Strength Ratios WM's Dividend Payout Ratio
WM's Roa WM's Inventory Turnover Ratio WM's Growth Rates WM's Dividend Comparisons



Companies with similar Operating Income fall for the quarter ending Dec 31 2023 within Services SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Planet Fitness inc 4.16%$ 4.160 millions
United Rentals Inc 3.81%$ 3.809 millions
Custom Truck One Source Inc 3.54%$ 3.535 millions
News Corporation3.44%$ 3.444 millions
Hyatt Hotels Corporation3.30%$ 3.300 millions
Wingstop Inc 3.27%$ 3.266 millions
Waste Management Inc2.61%$ 2.614 millions
Wex Inc 2.16%$ 2.160 millions
Wns holdings Limited1.99%$ 1.989 millions
Accel Entertainment Inc 1.42%$ 1.423 millions




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