YouTube · Q2 2026 · 2026-08-07
WM · NYSE
Waste Management
Waste Management · United States
- Market cap (USD)
- US$84.38B
- Trailing P/E
- 29.86x
- Forward P/E
- 23.16x
- Quarterly revenue growth
- 4.0%
- Trailing net margin
- 11.1%
- Indicated dividend yield
- 1.8%
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-26 (provider estimate, not issuer-confirmed).
Company background
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.
Company websiteQ1 2026
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Comparable businesses
WM peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | WMWaste Management, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | RSGRepublic Services, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | ABATAmerican Battery Technology CompanySnapshot 2026-09-20Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$84.38B | US$66.78B | US$310.82M |
| Forward P/EProvider forward earnings estimate | 23.16x | 27.06x | — |
| EV / EBITDAEnterprise value / trailing EBITDA | 13.79x | 15.40x | — |
| Revenue growthLatest quarter vs prior-year quarter | 4.0% | 4.6% | 196.6% |
| Operating marginLatest reported quarter | 19.0% | 20.4% | -246.5% |
| Free cash flow yieldTrailing cash flow / market cap | 2.8% | 2.9% | 0.8% |
| Net debt / EBITDANet debt / trailing EBITDA | 2.93x | 2.70x | — |
| Debt / equityTotal debt / positive book equity | 2.35x | 1.19x | 0.00x |
| Trailing P/ETrailing twelve-month earnings | 29.86x | 30.84x | — |
| Price / bookPrice / positive book equity per share | 8.51x | 5.55x | 2.44x |
| EV / salesEnterprise value / trailing revenue | 4.18x | 4.79x | 12.03x |
| Earnings growthLatest quarter vs prior-year quarter | 8.3% | 5.1% | — |
| Gross marginTrailing twelve months | 40.6% | 43.0% | -14.2% |
| Net marginTrailing twelve months | 11.1% | 12.9% | 0.0% |
| Return on equityProvider trailing return; positive equity only | 29.8% | 18.2% | -74.5% |
| Free cash flow marginTrailing free cash flow / revenue | 9.1% | 11.5% | 11.7% |
| Dividend yieldIndicated annual dividend / price | 1.8% | 1.2% | — |
| Earnings payoutProvider trailing dividend payout | 50.1% | 35.4% | 0.0% |
| Current ratioCurrent assets / current liabilities | 0.91x | 0.64x | 9.53x |
| BetaProvider historical market sensitivity | 0.43 | 0.40 | 1.25 |
YouTube · Q2 2026 · 2026-08-07
American Battery Technology Company (ABAT)
Smaller industry benchmark · 0.00x market cap
Waste Management
YouTube · FY2026 · 2026-09-14
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for WM
Q1 20262026-05-02
WM Stock: Revenue Beats, EPS Misses — Q1 2026
Presentation · 2026-05-02 · YouTube