Waste Management WM
- Market cap
- $95.7B
- PE
- 33.9×
- 10y median 30.6×
- Forward PE
- 28.1×
- 10y median 26.9×
- Price to sales
- 3.7×
- EV/EBIT
- 24.8×
- Revenue, 12 months
- $25.7B
- +7% on a year ago
- Net margin
- 11.1%
- Free cash flow yield
- 3.7%
Waste Management trades at 33.9× trailing earnings, pricier than 74% of the last ten years. Revenue was $25.7B over the last twelve months, up 7% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $5.2B+2% | $5.2B+6% | $5.2B+6% | $5.4B+6% | $5.6B+8% | $5.9B+13% | $6B+17% | $6.4B+19% | $6.4B+15% | $6.3B+7% | $6.2B+4% | $6.7B+4% | |
| Cost of revenue | $3.2B+1% | $3.1B+2% | $3.1B+2% | $3.3B+3% | $3.4B+7% | $3.6B+13% | $3.6B+15% | $3.8B+16% | $3.8B+13% | $3.7B+4% | $3.7B+2% | $4B+4% |
| Gross profit | $2B+5% | $2.1B+12% | $2B+12% | $2.1B+9% | $2.2B+10% | $2.3B+13% | $2.4B+19% | $2.6B+24% | $2.6B+18% | $2.6B+12% | $2.5B+5% | $2.7B+4% |
| SG&A | $470M−1% | $513M+5% | $491M+3% | $501M+7% | $525M+12% | $747M+46% | $687M+40% | $696M+39% | $665M+27% | $674M−10% | $707M+3% | $683M−2% |
| $1B+8% | $785M+3% | $1B+23% | $1B+7% | $1.1B+10% | $919M+17% | $1B−0% | $1.2B+14% | $989M−12% | $1.2B+26% | $1.1B+10% | $1.3B+9% | |
| Interest expense | $127M+40% | $128M+17% | $130M+8% | $136M+9% | $131M+3% | $201M+57% | $232M+79% | $232M+71% | $225M+72% | $223M+11% | $225M−3% | $233M+0% |
| Pre-tax income | $872M+5% | $644M+0% | $869M+25% | $894M+11% | $995M+14% | $700M+9% | $788M−9% | $928M+4% | $775M−22% | $935M+34% | $891M+13% | $1B+10% |
| $210M+11% | $175M+22% | $162M−1% | $214M+9% | $235M+12% | $102M−42% | $151M−7% | $201M−6% | $172M−27% | $193M+89% | $168M+11% | $238M+18% | |
| Net income | $663M+4% | $493M−1% | $708M+33% | $680M+11% | $760M+15% | $598M+21% | $637M−10% | $726M+7% | $603M−21% | $742M+24% | $723M+14% | $785M+8% |
| $1.63+6% | $1.22+1% | $1.75+35% | $1.69+12% | $1.88+15% | $1.48+21% | $1.58−10% | $1.80+7% | $1.49−21% | $1.83+24% | $1.79+13% | $1.95+8% | |
| 405.9M−2% | 404.8M−2% | 403.5M−1% | 403.2M−1% | 403.2M−1% | 404M−0% | 403.9M+0% | 404.3M+0% | 404.3M+0% | 404.8M+0% | 404.4M+0% | 402.4M−1% |
Gross profit: 60 periods, Q2 FY11 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: Q4 FY08 and Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 7 periods, Q3 FY10 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q2 FY08 and Q3 FY08: not printed by the filing, worked out from its own lines. 16 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY13: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $6.8B | $6.7B to $6.9B | $2.18 | $2.14 to $2.23 | 17 |
| Q4 FY26 | $6.7B | $6.6B to $6.8B | $2.10 | $2.02 to $2.18 | 16 |
| Q1 FY27 | $6.6B | $6.5B to $6.7B | $1.97 | $1.94 to $2.01 | 8 |
| Q2 FY27 | $7.1B | $7B to $7.2B | $2.28 | $2.24 to $2.32 | 7 |
| Q3 FY27 | $7.2B | $7.1B to $7.3B | $2.44 | $2.39 to $2.48 | 7 |
| Q4 FY27 | $7B | $6.9B to $7.1B | $2.35 | $2.30 to $2.39 | 12 |
| Q1 FY28 | $6.9B | $6.8B to $7B | $2.11 | $2.08 to $2.15 | 9 |
| Q2 FY28 | $7.4B | $7.3B to $7.5B | $2.45 | $2.40 to $2.50 | 8 |
Peers
Companies in Waste Management nearest Waste Management's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| WMWaste Management | $95.7B | 33.9× | 30.6× | 28.1× | 3.7× | +7% | 11.1% |
| RSGRepublic Services | $73.6B | 34.1× | 31.1× | 31.5× | 4.4× | +3% | 12.9% |
| WCNWaste Connections | $47B | 45.0× | 50.6× | 32.1× | 4.8× | +6% | 10.9% |
| CLHClean Harbors | $16.8B | 38.6× | 31.1× | n/m | 2.7× | +5% | 7.0% |
| Peer median | $47B | 38.6× | 31.1× | 31.8× | 4.4× | +5% | 10.9% |
More on Waste Management
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Its groups
About
- Industry
- Waste Management
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .