What is WM's Provision For Income Taxes?

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

Provision For Income Taxes is 
$471.9M (1Y +14.2% )

WM Stock Price & Provision For Income Taxes

Provision For Income Taxes for WM competitors.
SRCL CWST ECOL CLH RSG PESI WCN
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Provision For Income Taxes

chevron_right 2021 $233.0M +232x
( +22.4% / year avg)
chevron_left 1995 $1000.0K
vertical_align_top Peak $737.0M +7.76x *
vertical_align_bottom Bottom -$109.0M
arrow_drop_up # Up Years 11 11 of 27
years up.
arrow_drop_down # Down Years 16
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 +0.18x the rate relative to it's provision for income taxes over the same period.
  • If WM grows it's stock at the same rate as it's provision for income taxes (+22.4%/year) , it's stock price will grow +754% and hit $883.61 over the next 10 years.
  • WM's stock price has gone up 7 of the 11 years (+63%) it's provision for income taxes were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
  • WM Historical Provision For Income Taxes Table
    in $ million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Provision For Income Taxes YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 $233 -37.4% $117.07 3.2%
    4/1/2020 $372 -22.2% $113.46 -2.7%
    4/1/2019 $478 7866.7% $116.62 33.9%
    4/1/2018 $6 -99.2% $87.08 20.5%
    4/1/2017 $737 24.9% $72.28 23.5%
    4/1/2016 $590 218.9% $58.52 31.5%
    4/1/2015 $185 -65.7% $44.52 9.9%
    4/1/2014 $539 11.8% $40.51 20.2%
    4/1/2013 $482 4.1% $33.69 21.7%
    4/1/2012 $463 -13.8% $27.68 9.3%
    4/1/2011 $537 10.7% $25.34 3.5%
    4/1/2010 $485 -7.1% $24.47 14.9%
    4/1/2009 $522 -24.5% $21.31 -12.2%
    4/1/2008 $691 41.6% $24.27 -3.8%
    4/1/2007 $488 64.3% $25.22 12.7%
    4/1/2006 $297 -512.5% $22.37 28.2%
    4/1/2005 $-72 -124.9% $17.45 1.4%
    4/1/2004 $289 -23.3% $17.2 6.5%
    4/1/2003 $377 -17.0% $16.14 12.5%
    4/1/2002 $454 167.1% $14.35 -23.4%
    4/1/2001 $170 -59.3% $18.75 63.3%
    4/1/2000 $418 70.7% $11.48 -25.6%
    4/1/1999 $244 -324.7% $15.44 -53.7%
    4/1/1998 $-109 -163.0% $33.36 31.2%
    4/1/1997 $173 -1088.6% $25.42 52.7%
    4/1/1996 $-17 -1850.0% $16.64 41.0%
    4/1/1995 $1 - $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.

  • A provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. The amount of this provision is derived by adjusting the firm's reported net income with a variety of permanent differences and temporary differences.

    For more detailed definitions, please see Investopedia.