(WM) Waste Management - NYSE
Sector: Industrials | Industry: Waste Management | Exchange: NYSE (USA) | Market Cap: 88.507m USD | Total Return: -2.6% in 12m
Avg Turnover: 474M
EPS Trend: 91.2%
Qual. Beats: 0
Rev. Trend: 97.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Waste Management, Inc. (WM) is a leading provider of comprehensive environmental services, operating an extensive network of collection, transportation, and disposal infrastructure across North America. The company manages the full waste lifecycle, from initial pickup at residential and commercial sites to processing at transfer stations and final disposal in its proprietary landfills.
The business model is characterized by high barriers to entry due to the significant capital investment required for landfill permitting and fleet maintenance. Beyond traditional waste disposal, WM generates revenue through the recovery of recyclable commodities and the conversion of landfill gas into renewable energy, positioning itself within the circular economy. The waste sector typically exhibits low cyclicality, as demand for sanitation services remains constant regardless of macroeconomic volatility.
The company also provides specialized solutions, including medical waste disposal, secure document destruction, and industrial remediation. Investors may find additional insights on these business segments by exploring the data on ValueRay. Founded in 1968 and headquartered in Houston, Waste Management remains a dominant player in the Environmental & Facilities Services industry.
- Landfill pricing power and volume growth drive core solid waste revenue
- Expansion of renewable natural gas facilities scales high-margin energy production
- Investment in automated sorting technology reduces recycling segment labor costs
- Municipal contract renewals and disposal fee increases buffer inflationary pressures
- Regulatory shifts in carbon emission standards impact long-term landfill operational costs
| Net Income: 2.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 3.07 > 1.0 |
| NWC/Revenue: -1.33% < 20% (prev -3.89%; Δ 2.56% < -1%) |
| CFO/TA 0.14 > 3% & CFO 6.34b > Net Income 2.79b |
| Net Debt (22.7b) to EBITDA (7.41b): 3.07 < 3 |
| Current Ratio: 0.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (404.4m) vs 12m ago 0.12% < -2% |
| Gross Margin: 32.06% > 18% (prev 28.89%; Δ 3.16% > 0.5%) |
| Asset Turnover: 56.36% > 50% (prev 51.53%; Δ 4.83% > 0%) |
| Interest Coverage Ratio: 4.89 > 6 (EBIT TTM 4.43b / Interest Expense TTM 905.0m) |
| A: -0.01 (Total Current Assets 4.81b - Total Current Liabilities 5.15b) / Total Assets 45.7b |
| B: 0.38 (Retained Earnings 17.6b / Total Assets 45.7b) |
| C: 0.10 (EBIT TTM 4.43b / Avg Total Assets 45.1b) |
| D: 0.28 (Book Value of Equity 10.0b / Total Liabilities 35.7b) |
| Altman-Z'' = 2.16 = BBB |
| DSRI: 1.00 (Receivables 3.96b/3.59b, Revenue 25.4b/22.9b) |
| GMI: 0.90 (GM 28.89% / 32.06%) |
| AQI: 0.98 (AQ_t 0.45 / AQ_t-1 0.46) |
| SGI: 1.11 (Revenue 25.4b / 22.9b) |
| TATA: -0.08 (NI 2.79b - CFO 6.34b) / TA 45.7b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of June 11, 2026, the stock is trading at USD 224.28 with a total of 2,322,349 shares traded.
Over the past week, the price has changed by +3.33%,
over one month by +5.20%,
over three months by -3.99% and
over the past year by -2.61%.
Waste Management has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy WM.
- StrongBuy: 9
- Buy: 4
- Hold: 11
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 256 | 14.2% |
P/E Trailing = 31.8497
P/E Forward = 26.6667
P/S = 3.4828
P/B = 8.8322
P/EG = 2.2436
Revenue TTM = 25.4b USD
EBIT TTM = 4.43b USD
EBITDA TTM = 7.41b USD
Long Term Debt = 22.2b USD (from longTermDebt, last quarter)
Short Term Debt = 641.0m USD (from shortTermDebt, last quarter)
Debt = 22.9b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 22.7b USD (calculated: Debt 22.9b - CCE 158.0m)
Enterprise Value = 111b USD (88.5b + Debt 22.9b - CCE 158.0m)
Interest Coverage Ratio = 4.89 (Ebit TTM 4.43b / Interest Expense TTM 905.0m)
EV/FCF = 33.81x (Enterprise Value 111b / FCF TTM 3.29b)
FCF Yield = 2.96% (FCF TTM 3.29b / Enterprise Value 111b)
FCF Margin = 12.95% (FCF TTM 3.29b / Revenue TTM 25.4b)
Net Margin = 10.99% (Net Income TTM 2.79b / Revenue TTM 25.4b)
Gross Margin = 32.06% ((Revenue TTM 25.4b - Cost of Revenue TTM 17.3b) / Revenue TTM)
Gross Margin QoQ = 40.68% (prev 29.30%)
Tobins Q-Ratio = 2.43 (Enterprise Value 111b / Total Assets 45.7b)
Interest Expense / Debt = 3.95% (Interest Expense 905.0m / Debt 22.9b)
Taxrate = 20.80% (734.0m / 3.53b)
NOPAT = 3.51b (EBIT 4.43b * (1 - 20.80%))
Current Ratio = 0.93 (Total Current Assets 4.81b / Total Current Liabilities 5.15b)
Debt / Equity = 2.28 (Debt 22.9b / totalStockholderEquity, last quarter 10.0b)
Debt / EBITDA = 3.07 (Net Debt 22.7b / EBITDA 7.41b)
Debt / FCF = 6.91 (Net Debt 22.7b / FCF TTM 3.29b)
Total Stockholder Equity = 9.68b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.20% (Net Income 2.79b / Total Assets 45.7b)
RoE = 28.85% (Net Income TTM 2.79b / Total Stockholder Equity 9.68b)
RoCE = 13.87% (EBIT 4.43b / Capital Employed (Equity 9.68b + L.T.Debt 22.2b))
RoIC = 8.55% (NOPAT 3.51b / Invested Capital 41.0b)
WACC = 4.91% (E(88.5b)/V(111b) * Re(5.37%) + D(22.9b)/V(111b) * Rd(3.95%) * (1-Tc(0.21)))
Discount Rate = 5.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 61.38 | Cagr: 0.02%
[DCF] Terminal Value 77.97% ; FCFF base≈2.71b ; Y1≈3.11b ; Y5≈4.57b
[DCF] Fair Price = 114.6 (EV 68.8b - Net Debt 22.7b = Equity 46.0b / Shares 401.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 91.15 | EPS CAGR: 10.76% | SUE: 0.66 | # QB: 0
Revenue Correlation: 97.94 | Revenue CAGR: 10.32% | SUE: -0.83 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.99 | Chg30d=-0.05% | Revisions=-23% | Analysts=24
EPS next Quarter (2026-09-30): EPS=2.20 | Chg30d=-0.03% | Revisions=+11% | Analysts=24
EPS current Year (2026-12-31): EPS=8.20 | Chg30d=+0.25% | Revisions=+14% | GrowthEPS=+9.4% | GrowthRev=+5.2%
EPS next Year (2027-12-31): EPS=9.25 | Chg30d=+0.02% | Revisions=-20% | GrowthEPS=+12.7% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: -23%