FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

WM
2026-06-30 · figures in $M

FCF UP

Free cash flow rose 29% to $1.1B — the highest of its last 8 readings, and covered net income 1.40×.

CASH FROM OPS +15.0%
1,726 25.8% MGN
CAPITAL EXPENDITURE -3.1%
630
FREE CASH FLOW +28.8%
1,096
FCF / NET INCOME +18.6%
1.40× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
760 598 637 726 603 742 723 785 +8.6% +8.1% 2,853 2024-09-30 · $760.0M2024-12-31 · $598.0M2025-03-31 · $637.0M2025-06-30 · $726.0M2025-09-30 · $603.0M2025-12-31 · $742.0M2026-03-31 · $723.0M2026-06-30 · $785.0M
Depreciation & amortization
RESTATED · WAS 656
558 652 691 708 729 735 735 777 +5.7% +9.7% 2,976
Stock-based comp
27 34 51 41 43 34 52 46 -11.5% +12.2% 175
Cash from operations
1,358 1,511 1,208 1,545 1,592 1,698 1,501 1,726 +15.0% +11.7% 6,517 2024-09-30 · $1.4B2024-12-31 · $1.5B2025-03-31 · $1.2B2025-06-30 · $1.5B2025-09-30 · $1.6B2025-12-31 · $1.7B2026-03-31 · $1.5B2026-06-30 · $1.7B
Cash conversion
1.79× 2.53× 1.90× 2.13× 2.64× 2.29× 2.08× 2.20× +5.9% +3.3% 2.28×
Capital expenditures
(781) (1,115) (831) (732) (776) (888) (650) (630) -3.1% -13.9% (2,944)
Free cash flow
577 396 377 813 816 810 851 1,096 +28.8% +34.8% 3,573 2024-09-30 · $577.0M2024-12-31 · $396.0M2025-03-31 · $377.0M2025-06-30 · $813.0M2025-09-30 · $816.0M2025-12-31 · $810.0M2026-03-31 · $851.0M2026-06-30 · $1.1B
FCF margin
10.3% 6.7% 6.3% 12.6% 12.7% 12.8% 13.7% 16.4% +20.0% +29.7% 13.9%
Cash from investing
-480 -7,762 -829 -1,086 -784 -867 -731 -696 — — -3,078
Dividends paid
301 301 336 333 332 333 385 379 -1.6% +13.8% 1,429
Share repurchases
NOT DISCLOSED
0 0 — — — — 344 659 +91.6% — —
Debt repayment
1,867 7,251 5,163 4,071 6,538 5,975 6,125 6,359 +3.8% +56.2% 24,997
Cash from financing
-439 6,058 -536 -245 -1,049 -843 -821 -631 — — -3,344
Net change in cash
441 -200 -156 221 -244 -11 -52 393 — +77.8% 86
Ending cash balance
614 414 216 440 175 201 158 557 +252.5% +26.6% 557

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM851 CASH FROM OPERATIONS+225 CAPITAL EXPENDITURES+20 TO1,096
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-29 ↗