Waste Management Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.22B | $14.49B | $13.65B | $13.60B | $14.07B | $13.60B | $13.10B | $13.14B |
| Collection | $9.08B | $8.69B | $8.30B | $8.23B | $8.59B | $8.32B | $7.94B | $7.88B |
| Recycling | $766.0M | $738.0M | $638.0M | $697.0M | $767.0M | $732.0M | $716.0M | $814.0M |
| Disposal | $3.77B | $3.53B | $3.24B | $3.18B | $3.22B | $3.09B | $3.00B | $2.98B |
| Other | $1.60B | $1.54B | $1.48B | $1.49B | $1.49B | $1.46B | $1.44B | $1.47B |
| Cost of Revenue | $9.25B | $9.02B | $8.49B | $8.23B | $9.00B | $9.11B | $8.88B | $1.29B |
| Gross Profit | $5.97B | $5.47B | $5.16B | $5.36B | $5.06B | $4.49B | $4.22B | $11.85B |
| Gross Margin | 39.2% | 37.8% | 37.8% | 39.5% | 36.0% | 33.0% | 32.2% | 90.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.45B | $1.47B | $1.41B | $1.34B | $1.48B | $1.47B | $1.47B | $1.55B |
| Operating Income | $2.79B | $2.64B | $2.30B | $2.05B | $2.30B | $1.08B | $1.85B | $2.03B |
| Operating Margin | 18.3% | 18.2% | 16.8% | 15.0% | 16.3% | 7.9% | 14.1% | 15.4% |
| Interest Expense | — | — | — | — | — | $500.0M | $509.0M | $503.0M |
| Pretax Income | $2.38B | $2.19B | $1.82B | $1.06B | $1.75B | $494.0M | $1.30B | $1.52B |
| Income Tax Expense | $453.0M | $242.0M | $642.0M | $308.0M | $413.0M | $364.0M | $443.0M | $511.0M |
| Net Income | $1.93B | $1.95B | $1.18B | $753.0M | $1.30B | $98.0M | $817.0M | $961.0M |
| Net Margin | 12.6% | 13.4% | 8.7% | 5.5% | 9.2% | 0.7% | 6.2% | 7.3% |
| EPS (Basic) | $4.49 | $4.44 | $2.66 | $1.66 | $2.80 | $0.21 | $1.76 | $2.05 |
| EPS (Diluted) | $4.45 | $4.41 | $2.65 | $1.65 | $2.79 | $0.21 | $1.76 | $2.04 |
| Shares Outstanding (Basic) | 429.1M | 438.8M | 443.5M | 452.7M | 462.6M | 467.7M | 463.6M | 469.7M |
| Shares Outstanding (Diluted) | 432.2M | 441.9M | 446.5M | 455.9M | 465.6M | 469.8M | 464.4M | 471.4M |
| Dividends Per Share | $1.86 | $1.70 | $1.64 | $1.54 | $1.50 | $1.46 | $1.42 | $1.36 |