Waste Management, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.49B | $13.61B | $12.96B | $14.00B | $13.98B | $13.65B | $13.38B | $12.52B |
| Cost of Revenue | $9.02B | $8.49B | $8.23B | $9.00B | $9.11B | $8.88B | $1.29B | $6.85B |
| Gross Profit | $5.46B | $5.12B | $4.73B | $4.99B | $4.87B | $4.77B | $12.09B | $5.66B |
| Gross Margin | 37.7% | 37.6% | 36.5% | 35.7% | 34.8% | 34.9% | 90.4% | 45.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.47B | $1.41B | $1.34B | $1.48B | $1.47B | $1.47B | $1.55B | $1.46B |
| Operating Income | $2.64B | $2.30B | $2.05B | $2.30B | $1.08B | $1.85B | $2.03B | $2.12B |
| Operating Margin | 18.2% | 16.9% | 15.8% | 16.4% | 7.7% | 13.6% | 15.2% | 16.9% |
| Interest Expense | — | — | — | — | $500.0M | $509.0M | $503.0M | $490.0M |
| Pretax Income | $2.19B | $1.82B | $1.06B | $1.75B | $494.0M | $1.30B | $1.52B | $1.63B |
| Income Tax Expense | $242.0M | $642.0M | $308.0M | $413.0M | $364.0M | $443.0M | $511.0M | $629.0M |
| Net Income | $1.95B | $1.18B | $753.0M | $1.30B | $98.0M | $817.0M | $961.0M | $953.0M |
| Net Margin | 13.5% | 8.7% | 5.8% | 9.3% | 0.7% | 6.0% | 7.2% | 7.6% |
| EPS (Basic) | $4.44 | $2.66 | $1.66 | $2.80 | $0.21 | $1.76 | $2.05 | $1.98 |
| EPS (Diluted) | $4.41 | $2.65 | $1.65 | $2.79 | $0.21 | $1.76 | $2.04 | $1.98 |
| Shares Outstanding (Basic) | 438.8M | 443.5M | 452.7M | 462.6M | 467.7M | 463.6M | 469.7M | 480.2M |
| Shares Outstanding (Diluted) | 441.9M | 446.5M | 455.9M | 465.6M | 469.8M | 464.4M | 471.4M | 482.2M |
| Dividends Per Share | $1.70 | $1.64 | $1.54 | $1.50 | $1.46 | $1.42 | $1.36 | $1.26 |