Stocktoria

WASTE MANAGEMENT INC WM

NYSE · stock · Refuse Systems · website · IPO 1988-06-22 · LEI

WASTE MANAGEMENT INC statistics & valuation

Market cap$87.8B
P / E32.4×
P / S3.5×
P / B8.8×
Dividend yield1.52%
Net margin10.7%
Return on equity27.1%
Return on capital10.7%
Graham number -73%$61.04

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($61.04); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
8.70% 13.50% 12.90% 10.80% 9.80% 10.10% 11.40% 11.30% 12.40% 10.70% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
16.90% 18.20% 18.70% 17.50% 16.00% 16.50% 17.10% 17.50% 18.40% 17.10% 2016201720182019202020212022202320242025
Return on equity (%)
22.20% 32.30% 30.70% 23.60% 20.10% 25.50% 32.60% 33.40% 33.30% 27.10% 2016201720182019202020212022202320242025
Shares outstanding
446.5M 441.9M 432.2M 427.5M 425.1M 422.9M 415.0M 406.9M 403.4M 404.2M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
5.70% 8.90% 8.50% 6.00% 5.10% 6.20% 7.10% 7.00% 6.20% 5.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
12.20% 11.10% 12.70% 13.30% 11.90% 12.80% 8.80% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.65 $4.41 $4.45 $3.91 $3.52 $4.29 $5.39 $5.66 $6.81 $6.70 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

WASTE MANAGEMENT INC trades at about 33.8× earnings — near its 10-year norm (10-year range 20.1×–35.1×, median 31.6×).

20.1× 35.1×

Shaded band = 10-year range (20.1×–35.1×); dot = today's 33.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin17.1%18.4%17.5%17.1%16.5%16.0%17.5%18.7%18.2%16.9%
Net margin10.7%12.4%11.3%11.4%10.1%9.8%10.8%12.9%13.5%8.7%
FCF margin———8.8%12.8%11.9%13.3%12.7%11.1%12.2%
Return on assets5.9%6.2%7.0%7.1%6.2%5.1%6.0%8.5%8.9%5.7%
Return on equity27.1%33.3%33.4%32.6%25.5%20.1%23.6%30.7%32.3%22.2%
Current ratio0.890.760.900.810.751.001.970.850.830.85

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.