GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Waste Management Inc (NYSE:WM) » Definitions » Retained Earnings

WM (Waste Management) Retained Earnings : $15,858 Mil (As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Waste Management Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Waste Management's retained earnings for the quarter that ended in Dec. 2024 was $15,858 Mil.

Waste Management's quarterly retained earnings increased from Jun. 2024 ($15,104 Mil) to Sep. 2024 ($15,563 Mil) and increased from Sep. 2024 ($15,563 Mil) to Dec. 2024 ($15,858 Mil).

Waste Management's annual retained earnings increased from Dec. 2022 ($13,167 Mil) to Dec. 2023 ($14,334 Mil) and increased from Dec. 2023 ($14,334 Mil) to Dec. 2024 ($15,858 Mil).


Waste Management Retained Earnings Historical Data

The historical data trend for Waste Management's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Waste Management Retained Earnings Chart

Waste Management Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,159.00 12,004.00 13,167.00 14,334.00 15,858.00

Waste Management Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,334.00 14,738.00 15,104.00 15,563.00 15,858.00

Waste Management Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Waste Management  (NYSE:WM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Waste Management Business Description

Address
800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, industrial, and medical end markets and is also a leading recycler in North America.
Executives
Rafael Carrasco officer: SVP Operations 800 CAPITOL STREET 3000, HOUSTON TX 77002
Devina A Rankin officer: VP & Treasurer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Tara J. Hmmer officer: SVP Operat Safety Envir Compl 800 CAPITOL STREET 3000, HOUSTON X1 77002
Christopher P. Desantis officer: SVP Operations - East 800 CAPITOL STREET 3000, HOUSTON TX 77002
Charles C Boettcher officer: Sr VP Chief Legal Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
John A. Carroll officer: VP & Chief Accounting Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Michael J. Watson officer: Sr. VP-Chief Customer Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
John J Morris officer: Chief Strategy Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Donald J Smith officer: Sr. VP - Operations 800 CAPITOL STREET 3000, HOUSTON TX 77002
Maryrose Sylvester director C/O 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Fish James C Jr officer: SVP, Eastern Group 800 CAPITOL STREET 3000, HOUSTON TX 77002
Kelly C. Rooney officer: SVP Chief People Officer 800 CAPITOL STREET #3000, HOUSTON TX 77002
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
Bruce E. Chinn director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Leslie K Nagy officer: VP & Chief Accounting Officer 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046