Stocks Comparison
Energy Transfer vs Waste Management: revenue, profit, margins and growth compared
Energy Transfer brought in $85.5B of revenue in fiscal 2025, Waste Management $25.2B in fiscal 2025. Revenue changed by +3.5% at Energy Transfer and +14.2% at Waste Management on the year before, so Waste Management grew faster. Energy Transfer kept 5.2% of its revenue as net profit, Waste Management 10.7%. Free cash flow was $3.8B at Energy Transfer and $2.8B at Waste Management.
Side by side, latest fiscal year
| ET | WM | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $85.5B | $25.2B |
| Revenue growth | +3.5% | +14.2% |
| Net income | $4.4B | $2.7B |
| Net margin | 5.2% | 10.7% |
| Free cash flow | $3.8B | $2.8B |
| Free cash flow margin | 4.5% | 11.2% |
| Earnings per share (diluted) | n/a | $6.70 |
| Cash | $1.3B | $201M |
| Debt | $68.3B | $22.9B |
| Price to earnings | n/a | 30.9 |
| Market value | $69.5B | $82.7B |
| Dividend yield | n/a | 1.60% |
| Rank by revenue in sector | #1 of 109 · Utilities | #8 of 109 · Utilities |
Over the years
Questions about Energy Transfer and Waste Management
Which is bigger by revenue, Energy Transfer or Waste Management?
Energy Transfer is bigger by revenue: $85.5B in fiscal 2025, against $25.2B for Waste Management in fiscal 2025.
Which keeps more of its revenue as profit, Energy Transfer or Waste Management?
Energy Transfer had a net margin of 5.2% in fiscal 2025; Waste Management had 10.7% in fiscal 2025.
Which grew revenue faster, Energy Transfer or Waste Management?
In their latest fiscal years revenue changed by +3.5% at Energy Transfer and +14.2% at Waste Management.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.