Normalized Pre-Tax Income (Quarterly)

Normalized Pre-Tax Income: A company's income before income tax expense smoothed out by removing non-recurring items.

Waste Management, Inc. (WM) had Normalized Pre-Tax Income of $775.00M for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$6.44B
Net Income	$603.00M
Cost of Goods Sold	$3.83B
Gross Profit	$2.61B
Operating Expenses	$5.45B
Operating Income	$989.00M
Non-Operating Income/Expense	$-214.00M
Pre-Tax Income	$775.00M
Normalized Pre-Tax Income	$775.00M
Income after Taxes	$603.00M
Income from Continuous Operations	$603.00M
Consolidated Net Income/Loss	$603.00M
Normalized Income after Taxes	$603.00M
EBIT	$989.00M
EBITDA	$1.75B
Weighted-Average Shares Outstanding (Basic)	403.00M
Weighted-Average Shares Outstanding (Diluted)	404.30M
Earnings per Share (EPS) (Basic)	$1.50
Earnings per Share (EPS) (Diluted)	$1.49
Balance Sheet Financials
Current Assets	$4.84B
Property, Plant, and Equipment	$20.07B
Long-Term Assets	$40.77B
Total Assets	$45.61B
Current Liabilities	$5.74B
Long-Term Debt	$22.48B
Long-Term Liabilities	$30.35B
Total Liabilities	$36.09B
Common Equity	$9.52B
Tangible Shareholders Equity	$-8.25B
Shareholders Equity	$9.52B
Common Shares Outstanding	402.86M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$4.34B
Cash Flow from Investing Activities	$-2.70B
Cash Flow from Financial Activities	$-1.83B
Beginning Cash	$487.00M
End Cash	$308.00M
Increase/Decrease in Cash	$-179.00M
Stock-Based Compensation	$135.00M
Common Stock Dividends Paid	$-1.00B
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.84
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.70
Debt to Equity Ratio	2.45
Gross Margin	40.51%
Operating Margin	15.35%
EBIT Margin	15.35%
EBITDA Margin	--
Pre-Tax Profit Margin	12.03%
Profit Margin	9.36%
Free Cash Flow	$2.01B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.14
Inventory Turnover	17.19
Receiveable Turnover	1.60
Days Sales in Receivables	56.11
Return on Equity	6.33%
Return on Tangible Equity	-7.31%
Return on Assets	1.32%
Return on Investments	1.88%
Book Value Per Share	$23.63
Free Cash Flow per Share	$4.96
Operating Cash Flow per Share	$10.75

Data from Zacks Investment Research, Inc.