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Waste Management WM
$ 218.99 0.01%
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Quarterly report 2025-Q3
added 07-29-2026

Waste Management Financial Ratios 2025-2006 | WM

Brief overview of Waste Management's financial ratios

This overview follows the five latest available observations from 2021 through 2025.

Key multiples at the end of the period are P/E 34.17x (median 33.31x), EV/EBITDA 16.51x (median 12.04x), P/S 3.67x (median 3.67x). Current valuation broadly matches recent historical reference points; the difference from five-year medians is 0%.

At the current P/E, inverse earnings yield is 2.9%, a useful bridge between price and business earnings.

Capital efficiency is characterized by ROE 27.1%, ROA 5.9%, ROCE 43.1%. Business quality is high on return ratios, supporting the ability to create value.

On PEG (2.62x), valuation is stretched relative to growth and requires strong execution.

The cash conversion cycle is 1 days versus 3.5 days initially. Turnover changed little.

Overall picture

Waste Management's market valuation is near its own historical norm, while quality ratios provide no extreme signal.

Annual Financial Ratios Waste Management

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006

P/E

34.2 33.3 34.9 27.9 33.3 30.7 31.2 21.2 19.8 26.1 31.8 18.3 199.4 20.5 17.0 16.1 14.3 17.1 - -

P/S

3.7 4.1 3.9 3.2 3.4 3.0 3.4 2.7 2.7 2.3 1.8 1.7 1.4 1.2 1.2 1.2 1.2 1.4 - -

EPS

6.7 6.8 5.7 5.4 4.3 3.5 3.9 4.5 4.4 2.7 1.7 2.8 0.2 1.8 2.0 2.0 2.0 2.2 2.2 -

EV (Enterprise Value)

128 B 127 B 106 B 86.5 B 82.3 B 67.3 B 69.2 B 57.1 B 54.4 B 46.4 B 39 B 38 B 36.1 B 32.9 B 32.2 B 29.7 B 27.6 B 32.1 B -348 M -614 M

EBITDA per Share

17.8 15.8 13.9 13.1 11.8 9.7 10.2 9.82 9.11 8.37 7.48 7.59 7.28 7.11 7 6.89 6.22 7.06 - -

EV/EBITDA

17.9 20.1 18.8 16.0 16.5 11.6 14.3 12.0 12.0 10.8 9.7 9.1 8.7 8.0 7.9 9.0 9.0 9.3 -0.2 -

PEG

2.62 3.51 4.58 3.54 4.46 5.59 -2.5 18.79 0.3 0.43 -0.78 0.01 -2.26 -1.46 5.15 - - - - -

P/B

9.3 11.1 11.7 9.1 8.5 6.2 7.4 6.5 6.4 5.8 4.5 4.0 3.3 2.5 2.6 2.3 2.2 3.0 - -

P/CF

15.3 17.0 17.0 13.7 13.9 13.5 25.4 21.7 23.1 19.0 18.9 20.2 16.5 21.3 14.3 6.7 6.0 7.2 - -

ROE %

27.11 33.28 33.38 32.68 25.48 20.07 23.62 30.67 32.26 22.22 14.03 22.04 1.63 12.24 15.04 15.22 15.82 18.42 19.06 -

ROA %

5.91 6.16 7.02 7.13 6.24 5.10 6.02 8.50 8.93 5.67 3.69 6.06 0.43 3.54 4.26 4.44 4.70 5.37 - -

ROCE %

43.12 49.24 51.79 49.13 41.61 32.65 11.20 14.00 14.11 13.35 11.96 12.39 10.57 9.97 10.55 33.80 30.02 37.85 36.94 -

Current Ratio

1.3 1.2 1.3 1.3 1.3 1.3 2.0 0.9 0.8 0.9 0.9 1.0 0.8 0.8 0.8 1.4 1.5 1.4 - -

DSO

48.6 48.8 45.5 43.9 44.5 48.5 54.8 55.7 59.8 57.2 59.0 50.5 47.2 49.2 48.4 42.6 44.4 19.9 - -

DIO

- - - - - - 4.1 4.0 3.9 3.9 4.1 4.3 7.1 7.2 6.5 - - - - -

DPO

47.6 2808.6 50.3 46.6 41.0 42.7 40.9 40.9 42.1 34.4 32.0 30.0 29.8 34.6 35.8 - - - - -

Operating Cycle

48.6 48.8 45.5 43.9 44.5 48.5 58.8 59.7 63.7 61.1 63.0 54.8 54.4 56.3 55.0 42.5 44.4 19.9 - -

Cash Conversion Cycle

1.0 -2759.7 -4.8 -2.7 3.5 5.8 17.9 18.8 21.6 26.7 31.1 24.8 24.6 21.7 19.2 42.5 44.4 19.9 - -

All numbers in USD currency

Quarterly Financial Ratios Waste Management

2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3 2010-Q2 2010-Q1 2009-Q3 2009-Q2

EPS

1.79 1.5 1.8 1.58 1.89 1.7 1.76 1.64 1.52 1.31 - 1.55 1.42 1.24 - 1.28 0.83 1 - 0.92 0.73 0.85 1.05 1.17 0.9 0.82 1.25 1.16 1.16 0.91 2.08 0.88 0.82 0.68 0.76 0.68 0.65 0.58 0.61 0.75 0.6 -0.28 1.29 0.59 0.45 0.49 -1.29 0.62 0.52 0.36 0.48 0.46 0.45 0.37 0.58 0.58 0.5 0.39 0.51 0.51 0.37 0.56 0.5

EBITDA per Share

4.58 4.26 4.62 4.24 4.18 3.87 3.81 3.81 3.61 3.26 - 3.51 3.37 3.01 - 3.15 3.06 2.65 - 2.6 2.23 2.3 1.54 2.68 2.6 2.33 1.81 2.51 2.56 2.2 1.62 2.4 2.33 2.01 1.4 2.02 2.14 1.84 1.12 2.07 1.81 1.6 1.64 1.9 1.87 1.69 -0.88 1.96 1.81 1.56 1.04 1.79 1.7 1.55 1.2 1.84 1.74 1.53 1.14 1.22 - - -

ROE %

28.80 31.11 33.91 36.02 38.17 37.52 36.23 35.34 33.98 32.28 24.45 31.95 27.61 25.12 17.94 23.18 19.80 19.87 14.20 20.52 22.29 23.56 23.63 25.77 26.71 29.28 30.68 37.22 35.68 33.74 32.38 23.70 22.99 22.39 22.31 21.10 21.66 21.37 14.09 19.17 17.70 16.15 22.45 1.66 1.96 2.66 1.72 15.84 14.11 13.11 12.86 13.71 14.83 15.46 15.83 15.44 15.00 14.01 15.40 15.48 2.92 4.46 4.07

ROA %

5.92 6.53 7.21 7.79 8.43 8.19 7.89 7.87 7.55 7.47 5.76 6.97 4.83 6.28 4.52 5.85 5.03 5.05 3.61 5.22 5.67 6.00 6.02 6.75 7.17 8.00 8.50 10.29 9.86 9.31 8.93 6.40 6.08 5.79 5.67 5.40 5.60 5.57 3.70 5.17 4.84 4.47 6.17 0.67 0.64 0.74 0.42 4.08 3.72 3.54 3.54 3.75 4.02 4.17 4.26 4.22 4.15 3.97 4.50 4.58 0.87 1.36 1.23

ROCE %

45.72 48.63 51.79 53.63 56.58 56.18 54.76 53.83 51.55 48.67 36.56 47.79 45.12 41.49 30.75 39.87 35.71 32.64 23.89 33.15 34.41 37.19 38.29 41.24 42.00 43.54 44.45 43.92 44.43 44.21 43.79 43.75 42.67 43.03 43.35 41.09 41.76 39.62 38.26 41.69 39.75 39.43 39.19 19.19 19.99 19.86 18.91 33.71 31.47 29.86 29.13 30.61 31.68 32.69 33.41 33.22 33.89 32.16 33.57 33.46 6.61 8.45 8.80

Current Ratio

1.3 1.3 1.2 1.2 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 - 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.3 1.3 1.3 1.3 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.5 1.5

DSO

49.6 48.2 47.3 46.2 45.3 44.4 45.8 45.8 44.5 45.5 - 22.0 21.2 45.1 - 44.2 43.0 45.7 - 49.6 53.7 49.5 46.2 44.8 45.1 47.9 45.9 46.1 47.1 48.5 45.1 44.3 44.8 46.5 44.8 43.7 45.3 46.7 43.5 42.1 42.6 47.1 42.1 40.2 40.7 44.1 44.3 42.8 44.0 47.0 46.2 45.8 45.8 46.6 43.7 42.3 44.5 46.4 42.4 41.4 44.1 43.5 -

DPO

48.0 48.9 46.7 47.4 48.8 47.2 48.8 48.1 44.9 48.4 - 21.5 20.1 43.4 - 44.9 43.4 42.3 - 43.9 46.9 42.8 - 39.8 39.8 41.7 - 39.9 40.9 43.4 - 41.2 41.4 38.7 - 32.9 34.2 34.8 - 31.4 30.4 34.2 - 29.4 29.4 30.3 - 29.2 29.4 32.8 - 34.5 34.0 35.4 - 33.8 35.7 - - - - - -

Operating Cycle

49.7 - 47.3 46.2 45.3 44.4 45.8 45.8 44.5 45.5 - 22.0 21.2 45.1 - 44.2 43.0 45.7 - 49.6 53.7 49.5 46.2 44.8 45.1 47.9 45.9 46.1 47.1 48.5 45.1 44.3 44.8 46.5 44.8 43.7 45.3 46.7 43.5 42.1 42.6 47.1 42.1 40.2 40.7 44.1 44.3 42.8 44.0 47.0 46.2 45.8 45.8 46.6 43.7 42.3 44.5 - - - - - -

Cash Conversion Cycle

2.4 - 0.7 -1.2 -3.5 -2.8 -3.0 -2.3 -0.4 -2.9 - 0.5 1.1 1.8 - -0.7 -0.4 3.4 - 5.7 6.8 6.7 46.2 5.0 5.3 6.2 45.9 6.2 6.2 5.2 45.1 3.1 3.4 7.8 44.8 10.8 11.1 11.9 43.5 10.7 12.2 12.8 42.1 10.8 11.3 13.8 44.3 13.6 14.6 14.2 46.2 11.3 11.8 11.2 43.7 8.4 8.7 - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Waste Management, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Waste management industry

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$ 2.61 0.77 % $ 10.2 M usaUSA
Code Chain New Continent Limited Code Chain New Continent Limited
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- 6.35 % $ 7.7 M chinaChina
Charah Solutions Charah Solutions
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- 3.83 % $ 7.33 M usaUSA
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Casella Waste Systems Casella Waste Systems
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$ 93.53 2.74 % $ 5.94 B usaUSA
Heritage-Crystal Clean, Inc Heritage-Crystal Clean, Inc
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JanOne JanOne
JAN
- 4.21 % $ 8.93 M usaUSA
Montrose Environmental Group Montrose Environmental Group
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Perma-Fix Environmental Services Perma-Fix Environmental Services
PESI
$ 18.7 1.74 % $ 345 M usaUSA
Republic Services Republic Services
RSG
$ 222.71 1.17 % $ 69.5 B usaUSA
Sharps Compliance Corp. Sharps Compliance Corp.
SMED
- -0.12 % $ 167 M usaUSA
Stericycle Stericycle
SRCL
- - $ 5.73 B usaUSA
Waste Connections Waste Connections
WCN
$ 164.87 1.66 % $ 42.4 B canadaCanada