Stock Analysis on Net
Stock Analysis on Net

Waste Management Inc. (NYSE:WM)

This company has been moved to the archive! The financial data has not been updated since February 15, 2022.

Common-Size Income Statement 

Waste Management Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Operating revenues 100.00 100.00 100.00 100.00 100.00
Operating costs -61.97 -61.38 -61.44 -62.02 -62.28
Gross profit 38.03% 38.62% 38.56% 37.98% 37.72%
Selling, general and administrative -10.40 -11.35 -10.55 -9.74 -10.13
Depreciation and amortization -11.15 -10.98 -10.18 -9.90 -9.50
Restructuring -0.04 -0.06 -0.04 -0.03 0.00
Gain (loss) from divestitures, asset impairments and unusual items, net 0.09 -0.23 -0.27 0.39 0.11
Income from operations 16.54% 15.99% 17.51% 18.70% 18.20%
Interest expense -2.09 -3.00 -3.00 -2.57 -2.54
Interest income 0.06 0.21 0.34 0.07 0.03
Interest expense, net -2.04% -2.79% -2.66% -2.51% -2.51%
Loss on early extinguishment of debt, net -1.23 -0.35 -0.55 0.00 -0.04
Equity in net losses of unconsolidated entities -0.20 -0.45 -0.36 -0.27 -0.47
Other, net 0.03 0.03 -0.32 0.01 -0.06
Other income (expense) -3.44% -3.56% -3.89% -2.77% -3.07%
Income before income taxes 13.10% 12.44% 13.62% 15.93% 15.13%
Income tax expense -2.97 -2.61 -2.81 -3.04 -1.67
Consolidated net income 10.13% 9.83% 10.81% 12.89% 13.46%
Net (income) loss attributable to noncontrolling interests -0.01 0.00 -0.01 0.01 0.00
Net income attributable to Waste Management, Inc. 10.13% 9.83% 10.81% 12.91% 13.46%

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. Waste Management Inc. income from operations as a percentage of operating revenues decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Waste Management Inc. income before income taxes as a percentage of operating revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 not reaching 2019 level.
Net income attributable to Waste Management, Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Waste Management Inc. net income attributable to Waste Management, Inc. as a percentage of operating revenues decreased from 2019 to 2020 but then slightly increased from 2020 to 2021.