What is WM's Pretax Income (Earnings)?

  Waste Management Inc ( WM ) |
1995 - 2021 (27 years)

Pretax Income (Earnings) is 
$2.1B (1Y +5.51% )

WM Stock Price & Pretax Income (Earnings)

Pretax Income (Earnings) for WM competitors.
SRCL CWST ECOL CLH RSG PESI WCN
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Pretax Income (Earnings)

chevron_right 2021 $1.1B +137x *
( +20.0% / year avg)
chevron_left 1995 -$7.9M
vertical_align_top Peak $2.3B +3.2x *
vertical_align_bottom Bottom -$1.0B
arrow_drop_up # Up Years 15 15 of 27
years up.
arrow_drop_down # Down Years 12
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 1995 , or -0.3x the rate relative to it's pretax income (earnings) over the same period.
  • If WM grows it's stock at the same rate as it's pretax income (earnings) (+20.0%/year) , it's stock price will grow +619% and hit $724.87 over the next 10 years.
  • WM's stock price has gone up 12 of the 15 years (+80%) it's pretax income (earnings) were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • WM Historical Pretax Income (Earnings) Table
    in $ million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Pretax Income (Earnings) YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 $1,092 -41.8% $117.07 3.2%
    4/1/2020 $1,877 -15.9% $113.46 -2.7%
    4/1/2019 $2,233 -3.0% $116.62 33.9%
    4/1/2018 $2,301 8.7% $87.08 20.5%
    4/1/2017 $2,117 23.9% $72.28 23.5%
    4/1/2016 $1,709 35.4% $58.52 31.5%
    4/1/2015 $1,262 129.9% $44.52 9.9%
    4/1/2014 $549 -62.0% $40.51 20.2%
    4/1/2013 $1,446 5.9% $33.69 21.7%
    4/1/2012 $1,366 -12.5% $27.68 9.3%
    4/1/2011 $1,562 2.5% $25.34 3.5%
    4/1/2010 $1,524 3.7% $24.47 14.9%
    4/1/2009 $1,469 -21.4% $21.31 -12.2%
    4/1/2008 $1,869 18.9% $24.27 -3.8%
    4/1/2007 $1,572 5.5% $25.22 12.7%
    4/1/2006 $1,490 36.8% $22.37 28.2%
    4/1/2005 $1,089 -7.5% $17.45 1.4%
    4/1/2004 $1,177 6.2% $17.2 6.5%
    4/1/2003 $1,108 -7.4% $16.14 12.5%
    4/1/2002 $1,197 48.9% $14.35 -23.4%
    4/1/2001 $804 57.3% $18.75 63.3%
    4/1/2000 $511 -173.6% $11.48 -25.6%
    4/1/1999 $-694 -33.7% $15.44 -53.7%
    4/1/1998 $-1,047 -348.0% $33.36 31.2%
    4/1/1997 $422 612.3% $25.42 52.7%
    4/1/1996 $59 -850.6% $16.64 41.0%
    4/1/1995 $-7 - $11.8 -

  • 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.

  • Pretax income is a company's income after all operating expenses, including interest and depreciation, have been deducted from total sales or revenues, but before income taxes have been subtracted. Because pretax earnings exclude taxes, this measure enables the intrinsic profitability of companies to be compared across industries or geographic regions where corporate taxes differ. For instance, while U.S.-based corporations face the same tax rates at the federal level, they face different tax rates at the state level.

    For more detailed definitions, please see Investopedia.