Waste Management (WM) Revenue — Quarter Ended Sep 30, 2023
Revenue increased compared to both the prior quarter and the same quarter last year. The filing discusses operational highlights but does not attribute the revenue change to any specific factor.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased compared to both the prior quarter and the same quarter last year. The filing discusses operational highlights but does not attribute the revenue change to any specific factor.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+2.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.1B
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 |
|---|---|---|
| Dec 31, 2022 | $4.9B | +5.5% |
| Mar 31, 2023 | $4.9B | +5.0% |
| Jun 30, 2023 | $5.1B | +1.8% |
| Sep 30, 2023 | $5.2B | +2.4% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend seen in recent periods. Compared with the same period one year earlier, revenue was also higher.
Quarterly comparison
Sequentially, revenue improved, marking a deceleration from the prior quarter's sequential change. On a year-over-year basis, the growth rate was lower than the prior quarter's year-over-year comparison.
What to watch
The filing references forward-looking statements and risk factors but provides no specific quantitative outlook for revenue.