(WM) Waste Management - Ratings and Ratios
Collection, Recycling, Landfill Gas, Transfer Stations, Compliance
Dividends
| Dividend Yield | 1.55% |
| Yield on Cost 5y | 3.06% |
| Yield CAGR 5y | 8.31% |
| Payout Consistency | 95.7% |
| Payout Ratio | 45.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 18.7% |
| Value at Risk 5%th | 28.2% |
| Relative Tail Risk | -8.71% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.37 |
| Alpha | -11.15 |
| CAGR/Max DD | 0.54 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.441 |
| Beta | 0.204 |
| Beta Downside | 0.217 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.14% |
| Mean DD | 4.76% |
| Median DD | 4.32% |
Description: WM Waste Management December 02, 2025
Waste Management, Inc. (NYSE: WM) delivers a full-stack waste-and-recycling franchise across North America and parts of Western Europe, covering residential, commercial, industrial, and municipal customers. Its core operations include waste collection, transfer-station ownership, landfill-gas-to-energy generation, and a broad suite of recycling services that convert cardboard, metals, plastics, construction-debris, and organic waste into marketable commodities. The company also offers regulated-waste compliance, secure information destruction, and ancillary products such as compost and renewable natural gas.
Key performance indicators from the most recent 10-K (FY 2024) show revenue of $19.5 billion, a 5.2 % year-over-year increase, and an adjusted operating margin of 13.8 %. WM processed roughly 91 million tons of waste and recycled 15 million tons of material, while its landfill-gas-to-energy portfolio now generates ≈ 250 MW of renewable electricity. Primary economic drivers include rising inflation-linked labor costs, tightening environmental regulations that boost demand for compliant disposal and recycling services, and the price volatility of recycled commodities (e.g., paper and plastics) that directly affect recycling margins. An implicit assumption is that WM can pass a portion of cost inflation to customers through rate-case filings; if regulatory bodies reject those filings, profitability could be materially pressured.
For a deeper quantitative view, the ValueRay platform provides a granular breakdown of WM’s financial and ESG metrics to support further analysis.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (2.56b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -0.79pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -3.62% (prev -2.43%; Δ -1.19pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 5.86b > Net Income 2.56b (YES >=105%, WARN >=100%) |
| Net Debt (23.19b) to EBITDA (6.93b) ratio: 3.35 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.84 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (404.3m) change vs 12m ago 0.27% (target <= -2.0% for YES) |
| Gross Margin 28.92% (prev 29.32%; Δ -0.40pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 61.70% (prev 61.58%; Δ 0.12pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.59 (EBITDA TTM 6.93b / Interest Expense TTM 890.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.24
| (A) -0.02 = (Total Current Assets 4.84b - Total Current Liabilities 5.74b) / Total Assets 45.61b |
| (B) 0.37 = Retained Earnings (Balance) 16.82b / Total Assets 45.61b |
| (C) 0.10 = EBIT TTM 4.08b / Avg Total Assets 40.17b |
| (D) 0.47 = Book Value of Equity 16.80b / Total Liabilities 36.09b |
| Total Rating: 2.24 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 69.93
| 1. Piotroski 4.50pt |
| 2. FCF Yield 2.18% |
| 3. FCF Margin 9.69% |
| 4. Debt/Equity 2.45 |
| 5. Debt/Ebitda 3.35 |
| 6. ROIC - WACC (= 4.22)% |
| 7. RoE 28.79% |
| 8. Rev. Trend 94.14% |
| 9. EPS Trend 85.79% |
What is the price of WM shares?
Over the past week, the price has changed by -2.26%, over one month by +5.27%, over three months by -3.29% and over the past year by -1.89%.
Is WM a buy, sell or hold?
- Strong Buy: 9
- Buy: 4
- Hold: 11
- Sell: 1
- Strong Sell: 0
What are the forecasts/targets for the WM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 246.5 | 17.3% |
| Analysts Target Price | 246.5 | 17.3% |
| ValueRay Target Price | 233.7 | 11.1% |
WM Fundamental Data Overview December 05, 2025
P/E Trailing = 34.0394
P/E Forward = 25.7069
P/S = 3.5135
P/B = 9.1387
P/EG = 2.5578
Beta = 0.594
Revenue TTM = 24.78b USD
EBIT TTM = 4.08b USD
EBITDA TTM = 6.93b USD
Long Term Debt = 22.48b USD (from longTermDebt, last quarter)
Short Term Debt = 880.0m USD (from shortTermDebt, last quarter)
Debt = 23.36b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 23.19b USD (from netDebt column, last quarter)
Enterprise Value = 110.27b USD (87.08b + Debt 23.36b - CCE 175.0m)
Interest Coverage Ratio = 4.59 (Ebit TTM 4.08b / Interest Expense TTM 890.0m)
FCF Yield = 2.18% (FCF TTM 2.40b / Enterprise Value 110.27b)
FCF Margin = 9.69% (FCF TTM 2.40b / Revenue TTM 24.78b)
Net Margin = 10.35% (Net Income TTM 2.56b / Revenue TTM 24.78b)
Gross Margin = 28.92% ((Revenue TTM 24.78b - Cost of Revenue TTM 17.62b) / Revenue TTM)
Gross Margin QoQ = 29.19% (prev 29.28%)
Tobins Q-Ratio = 2.42 (Enterprise Value 110.27b / Total Assets 45.61b)
Interest Expense / Debt = 0.96% (Interest Expense 225.0m / Debt 23.36b)
Taxrate = 22.19% (172.0m / 775.0m)
NOPAT = 3.18b (EBIT 4.08b * (1 - 22.19%))
Current Ratio = 0.84 (Total Current Assets 4.84b / Total Current Liabilities 5.74b)
Debt / Equity = 2.45 (Debt 23.36b / totalStockholderEquity, last quarter 9.52b)
Debt / EBITDA = 3.35 (Net Debt 23.19b / EBITDA 6.93b)
Debt / FCF = 9.65 (Net Debt 23.19b / FCF TTM 2.40b)
Total Stockholder Equity = 8.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.62% (Net Income 2.56b / Total Assets 45.61b)
RoE = 28.79% (Net Income TTM 2.56b / Total Stockholder Equity 8.91b)
RoCE = 13.00% (EBIT 4.08b / Capital Employed (Equity 8.91b + L.T.Debt 22.48b))
RoIC = 9.71% (NOPAT 3.18b / Invested Capital 32.69b)
WACC = 5.50% (E(87.08b)/V(110.44b) * Re(6.77%) + D(23.36b)/V(110.44b) * Rd(0.96%) * (1-Tc(0.22)))
Discount Rate = 6.77% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.01%
[DCF Debug] Terminal Value 78.10% ; FCFE base≈2.28b ; Y1≈2.25b ; Y5≈2.33b
Fair Price DCF = 102.6 (DCF Value 41.33b / Shares Outstanding 402.9m; 5y FCF grow -2.10% → 3.0% )
EPS Correlation: 85.79 | EPS CAGR: 12.81% | SUE: -0.45 | # QB: 0
Revenue Correlation: 94.14 | Revenue CAGR: 8.91% | SUE: -0.84 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.79 | Chg30d=-0.009 | Revisions Net=-2 | Analysts=15
EPS next Year (2026-12-31): EPS=8.35 | Chg30d=-0.004 | Revisions Net=-18 | Growth EPS=+11.3% | Growth Revenue=+5.6%
Additional Sources for WM Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle