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
Vol1.75M
As of25 Sep 2026

The Verdict

Hold

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/E29.25x
Forward P/E22.69x
EV / EBITDA13.57x
P / S (ttm)3.22x
Profit margin11.1%
Return on equity29.8%
Revenue growth+4.0%
Earnings growth+8.3%
Debt / equity235.30

Layer Breakdown

LayerRawContribution
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.

United States · www.wm.com

Risk Metrics

Beta vs SPX0.07
Corr SPX0.06
Annual vol19.3%
Annual ret+2.5%
Sharpe0.13
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
Analysts25
Strong Buy3
Buy16
Hold9
Sell0
Strong Sell0

Recent rating actions

2026-04-30Wells Fargo→ Overweight
2026-04-30TD Cowen→ Buy
2026-04-30RBC Capital→ Sector Perform
2026-04-30Barclays→ Overweight
2026-04-16Baird→ Outperform
2026-04-10JP Morgan→ Overweight

Material Events

DateEvent8-K
2026-07-28Earnings Release, Exhibitsread
2026-05-14Shareholder Vote, Exhibitsread
2026-05-13Officer / Director Change, Exhibitsread
2026-04-28Earnings Release, Exhibitsread
2026-03-25Material Agreement, Exhibitsread
2026-03-13Officer / Director Change, Exhibitsread
2026-03-06Officer / Director Change, Exhibitsread
2026-01-28Earnings Release, Exhibitsread
2025-11-205.04, Exhibitsread
2025-10-27Earnings Release, Exhibitsread
2025-08-27Officer / Director Change, Exhibitsread
2025-08-22Officer / Director Change, Exhibitsread

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

AmountAgencyDescription
$249.77KDepartment of Veterans AffairsSOLID WASTE, FOOD AND RECYCLING SERVICES FOR THE WHITE RIVER JUNCTION VAMC
$84.80KDepartment of Veterans AffairsTRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER
$81.62KDepartment of Homeland SecuritySELMA MHSS DUMPSTER AND TRASH REMOVAL SERVICES
$80.08KDepartment of Veterans AffairsTRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER
$72.52KDepartment of Veterans AffairsTRASH REMOVAL SERVICES AND RECYCLING SERVICES FOR THE STRATTON VA MEDICAL CENTER
$70.45KDepartment of JusticeSOLID WASTE REMOVAL OCT - DEC FY22
$63.86KDepartment of AgricultureMEDICAL WASTE PICKUP
$63.42KDepartment of the InteriorIGF::OT::IGF, X:NOGRN, TRASH COLLECTION AND RECYCLE SERVICES

SEC Filings

DateFormDoc
2026-08-104view
2026-07-2910-Qview
2026-07-288-Kview
2026-06-1811-Kview
2026-06-084view
2026-05-214view
2026-05-214view
2026-05-214view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view
2026-05-184view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
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

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$207.30$207.98$206.21$206.831.75M
Sep 24$208.88$210.24$207.59$207.962.03M
Sep 23$208.00$209.44$206.49$207.882.87M
Sep 22$207.61$208.35$206.34$207.681.81M
Sep 21$210.10$210.38$206.88$207.042.32M

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