What is WM's Deferred Revenue?

  Waste Management Inc ( WM ) |
2001 - 2021 (21 years)

Deferred Revenue is 
$2.1B (1Y +3.35% )

WM Stock Price & Deferred Revenue

Deferred Revenue for WM competitors.
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Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Deferred Revenue

chevron_right 2021 $1.1B -0.1x
( -0.3% / year avg)
chevron_left 2001 $1.1B
vertical_align_top Peak $2.1B +0.91x
vertical_align_bottom Bottom $1.1B
arrow_drop_up # Up Years 16 16 of 21
years up.
arrow_drop_down # Down Years 5
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • WM's stock price has rallied +4,321% from $2.65 in 2001 , or -422.1x faster than it's deferred revenue over the same period.
  • If WM shrinks it's stock at the same rate as it's deferred revenue (-0.3%/year) , it's stock price will shrink +97.0% and hit $113.6 over the next 10 years.
  • WM's stock price has gone up 12 of the 16 years (+75%) it's deferred revenue were also up.
  • WM Historical Deferred Revenue Table
    in $ million
    Year Deferred Revenue YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $1,087 -46.2% $117.07 10.7%
    4/1/2020 $2,021 -2.7% $105.72 -0.6%
    4/1/2019 $2,077 2.5% $106.37 35.0%
    4/1/2018 $2,027 3.8% $78.8 16.0%
    4/1/2017 $1,953 3.1% $67.95 22.6%
    4/1/2016 $1,895 0.9% $55.41 26.5%
    4/1/2015 $1,878 0.2% $43.81 14.6%
    4/1/2014 $1,875 -0.5% $38.21 10.4%
    4/1/2013 $1,884 1.1% $34.63 34.8%
    4/1/2012 $1,863 0.4% $25.68 -13.9%
    4/1/2011 $1,856 1.7% $29.81 24.0%
    4/1/2010 $1,825 2.3% $24.04 22.4%
    4/1/2009 $1,784 -2.9% $19.64 -24.4%
    4/1/2008 $1,838 2.2% $25.97 0.9%
    4/1/2007 $1,798 -3.9% $25.73 9.0%
    4/1/2006 $1,870 0.1% $23.6 26.8%
    4/1/2005 $1,868 6.7% $18.62 5.3%
    4/1/2004 $1,750 5.2% $17.68 14.4%
    4/1/2003 $1,663 6.5% $15.45 -3.3%
    4/1/2002 $1,562 36.2% $15.97 -5.8%
    4/1/2001 $1,147 - $16.96 -

  • About
    Industry: Waste Management
    Sector: Industrials
    Country: US
    IPO Date: 7/20/1993
    Stonk Exchange: NYSE
    • Waste Management, Inc
    • engages in the provision of waste management environmental services.
    • The company is headquartered in Houston, Texas and currently employs 43,700 full-time employees.
    • The Company, through its subsidiaries, is a provider of waste management environmental services.
    • The firm's segments include Solid Waste and Other.
    • The firm's Solid Waste segment includes its solid waste business.
    • The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.
    • As of December 31, 2016, the Company owned or operated 243 solid waste landfills and five secure hazardous waste landfills.
    • Its recycling brokerage services involve managing the marketing of recyclable materials for third parties.

  • Deferred revenue, also known as unearned revenue, refers to advance payments a company receives for products or services that are to be delivered or performed in the future. The company that receives the prepayment records the amount as deferred revenue, a liability, on its balance sheet.

    Deferred revenue is a liability because it reflects revenue that has not been earned and represents products or services that are owed to a customer. As the product or service is delivered over time, it is recognized proportionally as revenue on the income statement.

    For more detailed definitions, please see Investopedia.