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Waste Management (WM)
NYSE:WM
US Market
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Waste Management (WM) Operating Expense Breakdown

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Operating Expense Breakdown

Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Depreciation has stepped up materially, signaling heavy capital deployment into sustainability/RNG and fleet—a noncash charge that underpins the sustainability EBITDA upside management cited. SG&A shows a discrete elevation since late‑2024 tied to corporate, technology and incentive spending that the company expects to sustain at Q1 levels, even as expense as a percent of revenue improves. Large, lumpy restructuring and divestiture/impairment items (not recurring) add volatility, so prioritize recurring operating EBITDA and free cash flow over quarter‑to‑quarter headline swings.
Date
Selling, General, and Administrative
Restructuring
Depreciation, Depletion, and Amortization
Loss from Divestitures, Asset Impairments and Unusual Items, Net
Jun 30, 2026
$683.00M$6.00M$777.00M$10.00M
Mar 31, 2026
$707.00M$4.00M$735.00M-$26.00M
Dec 31, 2025
$674.00M$12.00M$770.00M$9.00M
Sep 30, 2025
$665.00M$14.00M$729.00M$213.00M
Jun 30, 2025
$696.00M$12.00M$708.00M$24.00M
Mar 31, 2025
$687.00M$13.00M$656.00M$2.00M
Dec 31, 2024
$747.00M$2.00M$652.00M$20.00M
Sep 30, 2024
$525.00M$2.00M$558.00M$6.00M
Jun 30, 2024
$501.00M$0.00$543.00M$58.00M
Mar 31, 2024
$491.00M$0.00$514.00M-$2.00M