Inside the research
Waste Management, Inc.
WM Research profile · latest available data
Price overview
$206.83
▼ -1.13 (-0.5%)
| 52w hi | $243.40 |
|---|---|
| 52w lo | $193.54 |
| Vol | 1.75M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.24
| Short | -0.17 |
|---|---|
| Medium | -0.29 |
| Long | -0.26 |
computed 2026-09-27
Key fundamentals
Waste Management, Inc.
Industrials · Waste Management
| Market cap | $82.67B |
|---|---|
| Enterprise value | $105.47B |
| Trailing P/E | 29.25x |
| Forward P/E | 22.69x |
| EV / EBITDA | 13.57x |
| P / S (ttm) | 3.22x |
| Profit margin | 11.1% |
| Return on equity | 29.8% |
| Revenue growth | +4.0% |
| Earnings growth | +8.3% |
| Debt / equity | 235.30 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.16 | |
| Sector | -0.01 | |
| Technical | -0.18 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, recovery facility, or disposal site; owns and operates transfer stations; and owns, develops, and operates landfill gas-to-energy facilities that produce renewable electricity and renewable natural gas. It also operates materials processing and commodities recycling services, including cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; markets and resells recycling commodities; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company collects recyclable food and yard waste, as well as markets and sells mulch, compost, soil amendments, and renewable energy; offers remediation and construction, and industrial waste services; and manages and markets fly ash. Further, it provides Regulated Waste and Compliance Services (RWCS), which offers compliance programs, as well as collection, processing, and disposal of regulated and specialized waste, including medical, pharmaceutical, and hazardous waste; and Secure Information Destruction (SID) services that include the collection of personal and confidential information for secure destruction and recycling of sorted office paper. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was founded in 1968 and is based in Houston, Texas.
Risk Metrics
| Beta vs SPX | 0.07 |
|---|---|
| Corr SPX | 0.06 |
| Annual vol | 19.3% |
| Annual ret | +2.5% |
| Sharpe | 0.13 |
| Max DD | -18.7% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $256.04 |
|---|---|
| High / Low | $285.00 / $210.00 |
| Median | $263.00 |
| Analysts | 25 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 16 | |
| Hold | 9 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-30 | Wells Fargo | → Overweight |
| 2026-04-30 | TD Cowen | → Buy |
| 2026-04-30 | RBC Capital | → Sector Perform |
| 2026-04-30 | Barclays | → Overweight |
| 2026-04-16 | Baird | → Outperform |
| 2026-04-10 | JP Morgan | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-28 | Earnings Release, Exhibits | read |
| 2026-05-14 | Shareholder Vote, Exhibits | read |
| 2026-05-13 | Officer / Director Change, Exhibits | read |
| 2026-04-28 | Earnings Release, Exhibits | read |
| 2026-03-25 | Material Agreement, Exhibits | read |
| 2026-03-13 | Officer / Director Change, Exhibits | read |
| 2026-03-06 | Officer / Director Change, Exhibits | read |
| 2026-01-28 | Earnings Release, Exhibits | read |
| 2025-11-20 | 5.04, Exhibits | read |
| 2025-10-27 | Earnings Release, Exhibits | read |
| 2025-08-27 | Officer / Director Change, Exhibits | read |
| 2025-08-22 | Officer / Director Change, Exhibits | read |
Dividends
| Yield (TTM) | 0.86% |
|---|---|
| $ / share (TTM) | $1.77 |
| 5y CAGR | +8.6% |
Annual dividend per share
| 2021 | $2.30 |
|---|---|
| 2022 | $2.60 |
| 2023 | $2.80 |
| 2024 | $3.00 |
| 2025 | $3.30 |
| 2026 | $0.94 |
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $249.77K | Department of Veterans Affairs | SOLID WASTE, FOOD AND RECYCLING SERVICES FOR THE WHITE RIVER JUNCTION VAMC |
| $84.80K | Department of Veterans Affairs | TRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER |
| $81.62K | Department of Homeland Security | SELMA MHSS DUMPSTER AND TRASH REMOVAL SERVICES |
| $80.08K | Department of Veterans Affairs | TRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER |
| $72.52K | Department of Veterans Affairs | TRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER |
| $70.45K | Department of Justice | SOLID WASTE REMOVAL OCT - DEC FY22 |
| $63.86K | Department of Agriculture | MEDICAL WASTE PICKUP |
| $63.42K | Department of the Interior | IGF::OT::IGF, X:NOGRN, TRASH COLLECTION AND RECYCLE SERVICES |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $25.20B | +4.0% | |
| Operating income | $4.31B | +4.2% | |
| Net income | $2.30B | +6.2% | |
| Cash from ops | $4.72B | +5.5% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $207.30 | $207.98 | $206.21 | $206.83 | 1.75M |
| Sep 24 | $208.88 | $210.24 | $207.59 | $207.96 | 2.03M |
| Sep 23 | $208.00 | $209.44 | $206.49 | $207.88 | 2.87M |
| Sep 22 | $207.61 | $208.35 | $206.34 | $207.68 | 1.81M |
| Sep 21 | $210.10 | $210.38 | $206.88 | $207.04 | 2.32M |
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