Waste Management (WM) Revenue — Quarter Ended Dec 31, 2023
Revenue was slightly higher than the prior quarter and significantly higher than the same quarter last year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue was slightly higher than the prior quarter and significantly higher than the same quarter last year.
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
+0.4%
Change from the immediately preceding quarter.
Year-over-year
+5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.4B
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 |
|---|---|---|
| Mar 31, 2023 | $4.9B | +5.0% |
| Jun 30, 2023 | $5.1B | +1.8% |
| Sep 30, 2023 | $5.2B | +2.4% |
| Dec 31, 2023 | $5.2B | +5.7% |
Revenue performance
The reported revenue showed a modest sequential increase and a stronger year-over-year gain.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose marginally. Compared to the same quarter one year earlier, revenue posted a solid increase.
What to watch
Monitor whether the pace of year-over-year revenue growth can be sustained in coming quarters.