Waste Management, Inc FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $25.2B |
| Gross margin | 40.4% |
| Operating income | $4.3B |
| Net income | $2.7B |
| Diluted EPS | $6.70 |
| Cash & equivalents | $201.0M |
| Total assets | $45.8B |
| Long-term debt | $22.2B |
Key takeaway
Revenue grew to $25.2 billion in 2025, though declining recyclable commodity prices reduced revenue by $166 million versus a $245 million boost in 2024.
🔒 4 more takeaways in the full analysis
Beneath the surface
Cash of only $201 million against total debt of roughly $22.9 billion (DebtAndCapitalLeaseObligations) leaves WM in a substantial net debt position of nearly $22.7 billion, far more leveraged than headline figures alone suggest.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for WM.
Read the full analysis free Free account · 5 full analyses included · no card required