Waste Management, Inc. logo WM - Waste Management, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 19
HOLD 16
SELL 0
STRONG
SELL 0
| PRICE TARGET: $258.00 DETAILS
HIGH: $264.00
LOW: $250.00
MEDIAN: $260.00
CONSENSUS: $258.00
UPSIDE: 18.40%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 25,204 22,063 20,426 19,698 17,931 15,218 15,455 14,914 14,485 13,609 12,961 13,996 13,983 13,649 13,378 12,515 11,791 13,388 13,310 13,363 13,074 12,516 11,574 11,142 11,322 12,492 13,126.9 12,703.5 2,613.8 1,313.4 457.1 176.2 78.1
Cost of Revenue 17,875 15,650 14,677 14,332 13,110 11,012 11,070 10,726 10,397 9,787 9,476 10,294 10,445 10,176 9,770 9,018 8,407 9,704 9,640 9,921 9,992 9,564 7,517 6,743 6,666 7,538 8,269 7,383.8 1,345.8 704.9 253.9 101.1 38.9
Gross Profit 7,329 6,413 5,749 5,366 4,821 4,206 4,385 4,188 4,088 3,822 3,485 3,710 3,547 3,463 3,608 3,497 3,384 3,684 3,670 3,442 3,082 2,952 4,057 4,399 4,656 4,954 4,857.9 5,319.7 1,268 608.5 203.2 75.1 39.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,722 2,264 1,926 1,928 1,813 1,728 1,631 1,453 1,468 1,410 1,343 1,450 1,468 1,472 1,550 1,461 1,364 1,477 1,432 1,388 1,276 1,442 1,216 1,529 1,622 1,738 1,920.3 1,309.9 284.9 160.5 62.2 23.5 11.3
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (175) 1,257 1,188 1,751 1,429 1,614.2 1,498.7 303.2 153.2 56.4 18.8 8.2
Operating Expenses 2,722 2,264 1,926 1,928 1,813 1,728 1,631 1,453 1,468 1,410 1,343 1,450 1,468 1,472 1,550 1,461 1,364 1,477 1,432 1,388 1,276 1,267 2,473 2,717 3,373 3,167 3,534.5 2,808.6 588.1 313.7 118.6 42.3 19.5
Operating Income
Operating Income 4,607 4,149 3,823 3,438 3,008 2,478 2,754 2,735 2,620 2,412 2,142 2,260 2,079 1,991 2,058 2,036 2,020 2,207 2,238 2,054 1,806 1,685 1,540 1,644 1,283 1,787 1,323.4 2,511.1 679.9 294.8 84.6 32.8 19.7
Interest Expense 912 598 500 378 365 425 411 363 351 365 369 455 472 486 504 502 472 363 593 663 627 455 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 4 4 8 4 13 48 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 7,201 6,456 5,722 5,446 4,824 4,092 4,188 4,311 4,010 3,579 2,764 3,600 2,376 3,176 3,360 3,417 3,161 3,516 3,684 3,594 3,204 3,005 2,849 2,857 2,654 3,216 2,938 4,010 3,051.7 3,117.9 374.3 51.6 27.9
EBIT 4,338 4,056 3,521 3,296 2,714 2,318 2,516 2,739 2,542 2,187 1,429 2,206 966 1,789 2,024 2,133 1,945 2,160 2,342 2,181 1,767 1,669 1,584 1,682 1,283 1,787 1,324 2,511 1,659.9 1,853.7 230.4 32.8 19.7
Income Before Tax 3,426 3,458 3,021 2,918 2,349 1,893 2,105 2,376 2,191 1,822 1,060 1,751 494 1,303 1,520 1,631 1,473 1,756 1,703 1,474 1,092 1,178 1,123 1,247 787 321 (162.8) (699.9) 463.2 78 18.9 21.6 15
Income Tax Expense 717 713 745 678 532 397 434 453 242 642 308 413 364 443 511 629 413 669 540 325 (90) 247 404 424 284 418 232.3 66.9 189.9 45.1 (11.4) 7.8 5.4
Net Income 2,708 2,746 2,304 2,238 1,816 1,496 1,670 1,925 1,949 1,182 753 1,298 98 817 961 953 994 1,087 1,163 1,149 1,182 939 630 822 503 (97) (397.6) (770.7) 267 32.9 30.3 13.8 9.6
Per Share Data
EPS (Basic) 6.72 6.84 5.69 5.42 4.32 3.54 3.93 4.49 4.44 2.66 1.66 2.80 0.21 1.76 2.05 1.98 2.02 2.21 2.25 2.13 2.11 1.63 1.07 1.34 0.80 -0.16 -0.65 -1.32 -1.68 0.05 0.56 0.08 0.32
EPS (Diluted) 6.70 6.81 5.66 5.39 4.29 3.52 3.91 4.45 4.41 2.65 1.65 2.79 0.21 1.76 2.04 1.98 2.01 2.19 2.23 2.10 2.09 1.61 1.06 1.33 0.80 -0.16 -0.65 -1.32 -1.68 0.04 0.54 0.08 0.32
Shares Outstanding 402.7 401.5 404.9 412.8 420.4 423 424.6 429.1 438.8 443.5 452.7 462.6 467.7 463.6 469.7 480.2 491.2 492.1 517.3 540.4 561.5 576.3 588.8 613.4 628.8 606.2 612.3 584.3 207.8 139.6 51.8 21.4 11.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 201 414 458 351 118 553 3,561 61 22 32 1,140 480 443 135 264 730 94 181.4 86.9 51.2 23.5 13.2 6.6 3.2
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 4,055 3,687 2,870 2,752 2,546 2,624 2,319 2,275 2,374 2,132 1,527 1,610 1,949 1,811 1,644 1,669 1,575 1,916.3 2,385.9 498.7 235.6 72.1 28.1 10.6
Inventory 0 206 173 164 135 124 106 102 96 90 110 110 90 82 80 83 75 107.2 128.3 0 0 0 0 0
Other Current Assets 654 467 303 284 270 239 223 207 132 122 233 135 58 111 551 426 713 4,015.6 1,280.3 105.5 80.9 34.8 2.3 1.3
Total Current Assets 4,910 4,774 3,804 3,551 3,069 3,540 6,209 2,645 2,624 2,376 3,010 2,335 2,819 2,588 2,700 3,124 2,457 6,220.5 3,881.4 655.4 340 120.1 37 15.1
Non-Current Assets
Property, Plant & Equipment 20,378 19,340 16,968 15,719 14,419 14,148 12,893 11,942 11,559 10,950 11,541 11,402 11,476 11,411 10,612 10,357 10,126 10,303.8 11,637.7 3,955 1,810.3 593.3 182.4 109.2
Goodwill 13,880 13,438 9,254 9,323 9,028 8,994 6,532 6,430 6,247 6,215 5,632 5,462 0 5,266 5,079 0 0 0 0 0 0 0 0 0
Intangible Assets 3,767 4,188 759 827 898 1,024 521 572 547 591 238 158 5,453 156 105 5,121 5,193 5,356.7 6,250.3 1,646 517.4 118.8 87.7 26
Long-Term Investments 0 846 606 578 432 426 483 406 269 320 (116) (39) (58) (421) 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 2,900 1,981 1,432 (364) 1,683 1,639 1,588 (636) 852 (1,075) 733 870 1,157 1,235 1,135 888 789 800.4 945.8 366.4 162.8 75.8 16.1 15.4
Total Non-Current Assets 40,925 39,793 29,019 27,816 26,028 25,805 21,534 20,005 19,205 18,483 18,144 17,892 18,086 18,068 16,931 16,366 16,108 16,460.9 18,833.8 5,967.4 2,490.5 787.9 286.2 150.6
Total Assets 45,835 44,567 32,823 31,367 29,097 29,345 27,743 22,650 21,829 20,859 21,154 20,227 20,905 20,656 19,631 19,490 18,565 22,681.4 22,715.2 6,622.8 2,830.5 908 323.2 165.7
Current Liabilities
Account Payables 0 2,046 1,709 1,766 1,375 1,121 1,065 1,037 1,040 799 567 716 772 668 526 672 865 1,063 1,041 1,007.5 118.8 32.4 12 5.9
Short-Term Debt 711 1,359 334 414 708 551 218 432 739 417 749 835 384 514 231 515 113 3,098.7 583.7 39.3 28.7 38.9 1.8 2.7
Deferred Revenue 0 673 578 589 571 539 534 522 503 493 457 451 463 429 414 374 0 0 0 0 0 0 0 0
Other Current Liabilities 4,813 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,959 3,328 2,765 2,198.5 242.3 33.9 14.6 6.3
Total Current Liabilities 5,524 6,258 4,226 4,394 4,082 3,553 3,144 3,108 3,262 2,794 2,901 3,036 3,205 3,332 3,173 3,721 2,937 7,489.5 4,293.7 568.7 320 105.2 28.4 14.9
Non-Current Liabilities
Long-Term Debt 22,196 22,541 15,895 14,570 12,697 13,259 13,280 9,594 8,752 8,893 8,124 7,491 8,182 7,997 8,062 7,709 8,372 8,399.3 11,114.2 2,724.4 1,158.3 334.9 153.9 93.6
Deferred Tax Liabilities 0 2,815 1,826 1,733 1,694 1,806 1,407 1,291 1,248 1,482 1,509 1,484 1,380 1,663 1,548 1,127 879 729.9 470.1 320.4 8.8 0 15.8 5.3
Other Non-Current Liabilities 8,124 4,699 3,980 3,806 3,498 3,273 2,842 2,381 2,525 2,370 2,029 2,031 1,885 1,851 1,642 1,528 1,561 1,652 2,388 1,981.3 246.1 65.1 17.1 5.2
Total Non-Current Liabilities 30,320 30,055 21,701 20,109 17,889 18,338 17,529 13,266 12,525 12,745 11,662 11,006 11,447 11,511 11,131 10,364 10,812 10,781.6 13,936.9 3,425.1 1,355.2 400 186.8 104.1
Total Liabilities 35,844 36,313 25,927 24,503 21,971 21,891 20,673 16,374 15,787 15,539 14,563 14,042 14,652 14,843 14,304 14,085 13,749 18,271.1 18,230.6 3,993.8 1,675.2 505.2 215.2 119
Stockholders' Equity
Common Stock 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6 6.3 0 0 0 0 0 0
Retained Earnings 0 15,858 14,334 13,167 12,004 11,159 10,592 9,797 8,588 7,388 6,053 5,631 3,004 2,497 1,873 1,057 560 662.7 1,066.5 253.5 (85.6) (324) 14 19.1
Accumulated Other Comprehensive Income 0 (115) (37) (69) 17 39 (8) (87) 8 (80) 208 88 65 (53) (179) (150) (129) (702.7) (6,598.1) (889) (572.9) (235) 0 0
Total Stockholders' Equity 9,990 8,252 6,903 6,849 7,124 7,452 7,068 6,275 6,019 5,297 6,285 5,902 5,971 5,563 5,308 5,392 4,801 4,402.6 4,372.5 2,629 1,155.3 402.8 108 46.7
Total Liabilities & Equity 45,835 44,567 32,823 31,367 29,097 29,345 27,743 22,650 21,829 20,859 21,154 20,227 20,905 20,656 19,631 19,490 18,565 22,681.4 22,715.2 6,622.8 2,830.5 908 323.2 165.7
Debt Metrics
Total Debt 22,907 23,900 16,229 14,984 13,405 13,810 13,498 10,026 9,491 9,310 8,873 8,326 8,566 8,511 8,293 8,224 8,485 11,498 11,697.9 2,763.7 1,187 373.8 155.7 96.3
Net Debt 22,706 23,486 15,771 14,633 13,287 13,257 9,937 9,965 9,469 9,278 7,733 7,846 8,123 8,376 8,029 7,494 8,391 11,316.6 11,611 2,712.5 1,163.5 360.6 149.1 93.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 2,708 2,745 2,276 2,240 1,817 1,496 1,671 1,923 1,949 1,180 1,182 939 630 822 503 (97) (395.1) (766.8) 273.3 32.9 30.3 13.8 9.6
Depreciation & Amortization 3,005 1,472 1,326 1,284 1,999 1,671 1,574 1,477 1,376 1,301 1,361 1,336 1,265 1,222 1,371 1,429 1,614.2 1,498.7 303.2 153.2 56.4 18.8 8.2
Stock-Based Compensation 0 118 93 84 108 94 86 89 101 90 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (513) (31) (251) (145) 126 (327) 80 (29) (201) 77 (319) (319) (452) (169) (37) (54) (719.6) (219.4) (224.5) (38.7) (105.8) (12.3) (6.1)
Other Non-Cash Items 480 962 1,192 1,024 365 304 363 85 206 282 228 106 120 (41) 387 782 15.5 (70.8) 34.3 60 (0.1) (1.6) (0.6)
Operating Cash Flow 6,043 5,390 4,719 4,536 4,338 3,403 3,874 3,570 3,180 2,960 2,391 2,218 1,926 2,153 2,355 2,125 1,689.6 1,502 452.8 205.2 (35.5) 18.9 12.1
Investing Activities
Capital Expenditure (3,227) (3,231) (2,895) (2,587) (1,904) (1,632) (1,818) (1,694) (1,509) (1,339) (1,180) (1,258) (1,200) (1,287) (1,328) (1,313) (2,616) (3,597.7) (2,255.3) (348.4) (84.6) (40.9) (22.5)
Acquisitions (395) (7,488) (92) (350) 21 (3,200) (472) (252) (198) (568) (142) (130) (337) (162) (116) (231) 650.5 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 (21) (1,079) 0 0 0 0 2,552 (40.7) 0 0 0 (12.6) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 784 0 0 0 0 54 9.8 57.5 0 0 0 0 0
Other Investing Activities 56 118 (104) (126) (11) (15) (86) (223) 87 (4) 555 525 453 487 212 10 (20.5) (1,014.9) 223.8 (229.1) (4.1) (15.9) (26.3)
Investing Cash Flow (3,566) (10,601) (3,091) (3,063) (1,894) (4,847) (2,376) (2,169) (1,620) (1,932) (1,062) (863) (1,084) (962) (1,232) 1,072 (2,016.9) (4,555.1) (2,031.5) (577.5) (101.3) (56.8) (48.8)
Financing Activities
Net Debt Issuance (1,333) 6,708 912 1,360 (456) (209) 3,149 313 85 375 (11) (386) (456) (697) (510) (3,293) 259 1,995 237.7 448.4 136.4 39.3 29.6
Stock Repurchased 0 (262) (1,302) (1,500) (1,350) (402) (248) (1,004) (750) (725) (706) (496) (550) (982) 0 0 0 0 (1,000.2) (473.6) 0 0 0
Dividends Paid (1,334) (1,210) (1,136) (1,077) (970) (927) (876) (802) (750) (726) (449) (432) (6) (6) (6) (6) (6.2) (93.8) 0 0 0 0 (1.3)
Other Financing Activities (67) (81) 33 40 (190) (84) (128) (67) 54 (71) (53) (9) (26) 70 (19) 0 (3) (23) (341.5) 588.9 (19.4) 0 0
Financing Cash Flow (2,673) 5,155 (1,524) (1,216) (2,900) (1,559) 1,964 (1,508) (1,361) (1,084) (1,090) (1,130) (973) (1,658) (485) (3,279) 426.2 2,955.8 1,604 374.7 119.8 39.9 28.3
Cash Position
Net Change in Cash (190) (65) 107 251 (454) (2,999) 3,464 (110) (10) 55 242 226 (129) (466) 636 (87) 94.5 (103.1) 25.1 2.4 (17) 39.9 28.3
Cash at Beginning 487 552 445 194 648 3,647 183 293 32 39 424 217 264 730 94 181 86.9 189.9 26.1 21.1 30.2 4.6 11.7
Cash at End 297 487 552 445 194 648 3,647 183 22 94 666 443 135 264 730 94 181.4 86.8 51.2 23.5 13.2 44.5 40
Free Cash Flow 2,816 2,159 1,824 1,949 2,434 1,771 2,056 1,876 1,671 1,621 1,211 960 726 866 1,027 812 (926.4) (2,095.7) (1,802.5) (143.2) (120.1) (22) (10.4)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 25,204 22,063 20,426 19,698 17,931 15,218 15,455 14,914 14,485 13,609 12,961 13,996 13,983 13,649 13,378 12,515 11,791 13,388 13,310 13,363 13,074 12,516 11,574 11,142 11,322 12,492 13,126.9 12,703.5 2,613.8 1,313.4 457.1 176.2 78.1
Gross Profit 7,329 6,413 5,749 5,366 4,821 4,206 4,385 4,188 4,088 3,822 3,485 3,710 3,547 3,463 3,608 3,497 3,384 3,684 3,670 3,442 3,082 2,952 4,057 4,399 4,656 4,954 4,857.9 5,319.7 1,268 608.5 203.2 75.1 39.2
Operating Income 4,607 4,149 3,823 3,438 3,008 2,478 2,754 2,735 2,620 2,412 2,142 2,260 2,079 1,991 2,058 2,036 2,020 2,207 2,238 2,054 1,806 1,685 1,540 1,644 1,283 1,787 1,323.4 2,511.1 679.9 294.8 84.6 32.8 19.7
Net Income 2,708 2,746 2,304 2,238 1,816 1,496 1,670 1,925 1,949 1,182 753 1,298 98 817 961 953 994 1,087 1,163 1,149 1,182 939 630 822 503 (97) (397.6) (770.7) 267 32.9 30.3 13.8 9.6
EPS (Diluted) 6.70 6.81 5.66 5.39 4.29 3.52 3.91 4.45 4.41 2.65 1.65 2.79 0.21 1.76 2.04 1.98 2.01 2.19 2.23 2.10 2.09 1.61 1.06 1.33 0.80 -0.16 -0.65 -1.32 -1.68 0.04 0.54 0.08 0.32
Balance Sheet
Cash & Equivalents 201 414 458 351 118 553 3,561 61 22 32 1,140 480 443 135 264 730 94 181.4 86.9 51.2 23.5 13.2 6.6 3.2
Total Assets 45,835 44,567 32,823 31,367 29,097 29,345 27,743 22,650 21,829 20,859 21,154 20,227 20,905 20,656 19,631 19,490 18,565 22,681.4 22,715.2 6,622.8 2,830.5 908 323.2 165.7
Total Debt 22,907 23,900 16,229 14,984 13,405 13,810 13,498 10,026 9,491 9,310 8,873 8,326 8,566 8,511 8,293 8,224 8,485 11,498 11,697.9 2,763.7 1,187 373.8 155.7 96.3
Stockholders' Equity 9,990 8,252 6,903 6,849 7,124 7,452 7,068 6,275 6,019 5,297 6,285 5,902 5,971 5,563 5,308 5,392 4,801 4,402.6 4,372.5 2,629 1,155.3 402.8 108 46.7
Cash Flow
Operating Cash Flow 6,043 5,390 4,719 4,536 4,338 3,403 3,874 3,570 3,180 2,960 2,391 2,218 1,926 2,153 2,355 2,125 1,689.6 1,502 452.8 205.2 (35.5) 18.9 12.1
Capital Expenditure (3,227) (3,231) (2,895) (2,587) (1,904) (1,632) (1,818) (1,694) (1,509) (1,339) (1,180) (1,258) (1,200) (1,287) (1,328) (1,313) (2,616) (3,597.7) (2,255.3) (348.4) (84.6) (40.9) (22.5)
Free Cash Flow 2,816 2,159 1,824 1,949 2,434 1,771 2,056 1,876 1,671 1,621 1,211 960 726 866 1,027 812 (926.4) (2,095.7) (1,802.5) (143.2) (120.1) (22) (10.4)