Waste Management Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $785.0M | $723.0M | $603.0M | $726.0M | $637.0M | $760.0M | $680.0M | $708.0M |
| Depreciation & Amortization | — | $735.0M | $729.0M | $708.0M | $691.0M | $558.0M | $543.0M | $514.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $52.0M | — | — | $51.0M | — | — | $30.0M |
| Net Cash from Operating Activities | $1.73B | $1.50B | $1.59B | $1.55B | $1.21B | $1.36B | $1.15B | $1.37B |
| Investing Activities | ||||||||
| Capital Expenditures | $630.0M | $650.0M | $776.0M | $732.0M | $831.0M | $781.0M | $667.0M | $668.0M |
| Business Acquisitions | — | — | — | — | $3.0M | — | — | $11.0M |
| Net Cash from Investing Activities | — | $-731.0M | — | — | $-829.0M | — | — | $-755.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | $385.0M | — | — | $336.0M | — | — | $307.0M |
| Stock Repurchases | — | $344.0M | — | — | — | — | — | $250.0M |
| Net Cash from Financing Activities | — | $-821.0M | — | — | $-536.0M | — | — | $-737.0M |
| Net Change in Cash | — | $-52.0M | — | — | $-156.0M | — | — | $-127.0M |
| Free Cash Flow | $1.10B | $851.0M | $816.0M | $813.0M | $377.0M | $577.0M | $487.0M | $699.0M |