Waste Management (WM) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter was lower than the preceding quarter. It was higher than the same quarter one year ago.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter was lower than the preceding quarter. It was higher than the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+5.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$19.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $5B | +12.3% |
| Sep 30, 2022 | $5.1B | +8.8% |
| Dec 31, 2022 | $4.9B | +5.5% |
| Mar 31, 2023 | $4.9B | +5.0% |
Revenue performance
The sequential decline contrasts with the year-over-year increase, indicating mixed performance.
Quarterly comparison
Compared to the prior quarter, revenue decreased. Compared to the same quarter last year, revenue increased.
What to watch
Future revenue trends will depend on maintaining the year-over-year growth trajectory.