Waste Management Q2 FY25: where the revenue came from and where it went
The whole income statement of Waste Management for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Jul 29, 2025
Revenue$6.43B
+19% year over year
Gross profit$2.63B
41% margin
Operating profit$1.15B
18% margin
Net profit$0.73B
11% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.43 | 100% | +19% |
| Commercial | 1.40 | 22% | +5% |
| Landfill | 1.04 | 16% | +19% |
| Residential | 0.87 | 14% | +1% |
| Other collection | 0.80 | 12% | +9% |
| Industrial | 0.79 | 12% | +1% |
| Healthcare solutions | 0.65 | 10% | |
| Other revenue | 0.50 | 8% | |
| Transfer | 0.39 | 6% | +12% |
| Cost of revenue | −3.80 | 59% | |
| Gross profit | 2.63 | 41% margin | +2pp |
| SG&A | −0.70 | 11% | +2pp |
| Other | −0.78 | 12% | +0pp |
| Operating profit | 1.15 | 18% margin | −1pp |
| Interest & other costs | −0.22 | ||
| Tax | −0.20 | ||
| Net profit | 0.73 | 11% margin | −1pp |
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