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    Waste Management Inc (WM)

    Official site

    INDUSTRIALS • WASTE MANAGEMENT • NYSE

    $224.27
    +8.52 (+3.95%)

    Market Cap: $89.61B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    79%(31/39)
    Avg Surprise
    +2.77%
    Streak
    2 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$2.18
    Range$2.08 - $2.35
    24 analysts
    EPS Revisions
    2
    0
    7d
    9
    12
    30d
    EPS Estimate DriftChange to current
    90d ago$2.19-0.5%
    60d ago$2.19-0.3%
    30d ago$2.19-0.3%
    7d ago$2.19-0.3%
    Current$2.18
    Revenue Consensus
    $6.8B
    Range$6.7B - $6.8B
    20 analysts
    Period ending Dec 31, 2026
    EPS Consensus$2.24
    Range$1.99 - $2.71
    28 analysts
    Revenue Consensus
    $6.6B
    Range$6.5B - $6.8B
    26 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    -$2.24---
    Sep 26EST
    -$2.18---
    Jun 26
    Reported Jul 28
    $2.02$1.99+1.51%Beat+5.2%
    Mar 26
    Reported Apr 28
    $1.81$1.74+4.02%Beat+8.4%
    Dec 25
    Reported Jan 28
    $1.93$1.95-1.03%Miss+13.5%
    Sep 25
    Reported Oct 27
    $1.98$2.01-1.49%Miss+1.0%
    Jun 25
    Reported Jul 28
    $1.92$1.89+1.59%Beat+5.5%
    Mar 25
    Reported Apr 28
    $1.67$1.59+5.03%Beat-4.6%
    Dec 24
    Reported Jan 29
    $1.70$1.80-5.56%Miss-2.3%
    Sep 24
    Reported Oct 28
    $1.96$1.88+4.26%Beat+20.2%
    Jun 24
    Reported Jul 24
    $1.82$1.83-0.55%Miss+20.5%
    Mar 24
    Reported Apr 24
    $1.75$1.50+16.67%Beat+33.6%
    Dec 23
    Reported Feb 12
    $1.74$1.53+13.73%Beat+33.8%
    Sep 23
    Reported Oct 24
    $1.63$1.61+1.24%Beat+4.5%
    Jun 23
    Reported Jul 25
    $1.51$1.55-2.58%Miss+4.9%
    Mar 23
    Reported Apr 26
    $1.31$1.29+1.55%Beat+1.6%
    Dec 22
    Reported Jan 31
    $1.30$1.42-8.45%Miss+3.2%
    Sep 22
    Reported Oct 26
    $1.56$1.52+2.63%Beat+23.8%
    Jun 22
    Reported Jul 27
    $1.44$1.39+3.60%Beat+13.4%
    Mar 22
    Reported Apr 26
    $1.29$1.14+13.16%Beat+21.7%
    Dec 21
    Reported Feb 2
    $1.26$1.26+0.00%Beat+11.5%
    Sep 21
    Reported Oct 26
    $1.26$1.36-7.35%Miss+15.6%
    Jun 21
    Reported Jul 27
    $1.27$1.19+6.72%Beat+44.3%
    Mar 21
    Reported Apr 27
    $1.06$1.01+4.95%Beat+14.0%
    Dec 20
    Reported Feb 18
    $1.13$1.09+3.67%Beat-5.0%
    Sep 20
    Reported Nov 2
    $1.09$1.02+6.86%Beat-8.4%
    Jun 20
    Reported Jul 30
    $0.88$0.81+8.64%Beat-20.7%
    Mar 20
    Reported May 6
    $0.93$0.93+0.00%Beat-1.1%
    Dec 19
    Reported Feb 13
    $1.19$1.15+3.48%Beat+5.3%
    Sep 19
    Reported Oct 23
    $1.19$1.15+3.48%Beat+3.5%
    Jun 19
    Reported Jul 25
    $1.11$1.09+1.83%Beat+9.9%
    Mar 19
    Reported Apr 25
    $0.94$0.93+1.08%Beat+3.3%
    Dec 18
    Reported Feb 14
    $1.13$1.06+6.60%Beat+32.9%
    Sep 18
    Reported Oct 25
    $1.15$1.11+3.60%Beat+27.8%
    Jun 18
    Reported Jul 25
    $1.01$0.99+2.02%Beat+24.7%
    Mar 18
    Reported Apr 20
    $0.91$0.83+9.64%Beat+37.9%
    Dec 17
    Reported Feb 15
    $0.85$0.83+2.41%Beat+11.8%
    Sep 17
    Reported Oct 26
    $0.90$0.88+2.27%Beat-
    Jun 17
    Reported Jul 26
    $0.81$0.81+0.00%Beat-
    Mar 17
    Reported Apr 26
    $0.66$0.66+0.00%Beat-
    Dec 16
    Reported Feb 16
    $0.76$0.77-1.30%Miss-

    Dividends

    Dividend Metrics

    Forward Yield1.69%
    Forward Annual Dividend$3.78
    Payout Ratio23.20%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+8.27%
    5Y CAGR+8.65%

    Key Metrics

    Valuation
    P/E Ratio28.98EV/EBITDA15.30x
    Price/FCF27.37xFCF Yield3.65%
    Profitability
    Profit Margin11.10%Operating Margin19.00%
    ROE29.80%ROIC10.66%
    Financial Health
    Debt/Equity2.28xInterest CoverageN/A
    Current Ratio0.93xQuick Ratio0.89x
    Trading Statistics
    Beta0.43Avg Volume2.29M
    52-Week High$246.0652-Week Low$190.92

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$210.99
    SMA 20$208.88
    SMA 50$215.82
    SMA 200$223.28
    EMA 10$212.86
    EMA 20$211.71
    EMA 50$214.96
    EMA 200$220.76

    MACD

    Line: 0.11Signal: -2.02Hist: 2.14

    ADX

    ADX: 19.5+DI: 37.7-DI: 15.9

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down64.0
    PSAR$205.48

    Bollinger Bands

    Upper Band$218.32
    Lower Band$199.45
    %B Position904%(Upper)
    Band Width1.31

    RSI (14-Day)

    Overbought
    70.8

    Momentum Oscillators

    Stoch %K96.5
    Stoch %D92.8
    Williams %R-0.8
    ROC (10d)11.1%
    Momentum22.37
    CCI (20d)325.3
    MFI (14d)69.9

    Volatility Measures

    ATR (14d)$3.80(1.7%)
    StdDev (20d)4.72
    Hist Vol20.5%(Moderate)

    Volume Flow

    VWAP$223.02
    OBV4.8M
    AD Line-589.9M
    CMF (20d)0.037

    Volume Metrics

    Avg Vol (20d)2.3M
    Vol Ratio2.2x(High)
    VWMA (20d)$209.78

    Pivot Points

    R3$220.10
    R2$217.95
    R1$216.85
    Pivot Point$214.70
    S1$213.60
    S2$211.45
    S3$210.35

    Advanced Oscillators

    TSI0.10
    Ultimate Osc70.3
    KST-27.69

    Financial Data

    QuarterMar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023
    Total Revenue$6.23B$6.31B$6.44B$6.43B$6.02B$5.89B$5.61B$5.40B$5.16B$5.22B$5.20B$5.12B
    Cost of Revenue$3.69B$3.69B$3.83B$3.84B$3.61B$3.55B$3.40B$3.29B$3.14B$3.15B$3.19B$3.19B
    Gross Profit$2.53B$2.62B$2.61B$2.59B$2.41B$2.34B$2.21B$2.11B$2.02B$2.07B$2.01B$1.93B
    Operating Expenses$1.42B$1.47B$1.62B$1.44B$1.39B$1.42B$1.09B$1.10B$1.00B$1.29B$989.00M$989.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$707.00M$674.00M$665.00M$696.00M$687.00M$747.00M$525.00M$501.00M$491.00M$513.00M$470.00M$467.00M
    Operating Income$1.11B$1.16B$989.00M$1.15B$1.01B$919.00M$1.12B$1.01B$1.02B$785.00M$1.02B$944.00M
    Interest Income$-225,000,000$-224,000,000$-221,000,000$-230,000,000$-232,000,000$-201,000,000$-130,000,000$-114,000,000$-149,000,000$-147,000,000$-145,000,000$-137,000,000
    Interest Expense$222.00M$220.00M$214.00M$223.00M$225.00M$219.00M$124.00M$115.00M$147.00M$141.00M$149.00M$135.00M
    Income Before Tax$891.00M$935.00M$775.00M$928.00M$788.00M$700.00M$995.00M$894.00M$869.00M$644.00M$872.00M$809.00M
    Income Tax Expense$168.00M$193.00M$172.00M$201.00M$151.00M$102.00M$235.00M$214.00M$162.00M$175.00M$210.00M$196.00M
    Net Income$723.00M$742.00M$603.00M$727.00M$637.00M$598.00M$760.00M$680.00M$707.00M$469.00M$662.00M$613.00M
    EBITDA$1.85B$1.93B$1.73B$1.87B$1.71B$1.55B$1.68B$1.55B$1.53B$1.32B$1.54B$1.47B
    EBIT$1.12B$1.16B$996.00M$1.16B$1.02B$901.00M$1.13B$1.01B$1.02B$791.00M$1.02B$946.00M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $5947
    Gov Obligations / Revenue
    0.0%
    Obligations YoY
    N/A
    Active Awards
    8
    New Awards (TTM)
    0
    Avg Remaining Term
    13.3 mo

    Top agency: Federal Communications Commission at 100.0% of trailing twelve month obligations across 1 agencies

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    WM Valuation and Fair Value

    P/E
    29.0x
    Forward P/E
    22.5x
    EV/EBITDA
    15.3x
    P/FCF
    27.4x
    PEG
    1.9x
    P/B
    9.0x
    See GNG's fair value

    WM Profitability: Margins, ROIC and FCF

    Gross margin
    40.7%
    Operating margin
    19.0%
    Net margin
    11.1%
    ROIC
    10.7%
    ROE
    29.8%
    FCF margin
    12.9%
    FCF yield
    3.7%

    WM Analyst Ratings

    Consensus
    Buy
    Analysts
    28
    Strong Buy
    3
    Buy
    16
    Hold
    9
    Sell
    0
    Strong Sell
    0

    WM Bull Case vs Bear Case

    Bull case

    • 67.9% of WM's analyst ratings are Buy or Strong Buy.

    Bear case

    • WM has a debt-to-equity ratio of 2.3x.

    WM Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    1.0%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $2.18
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    9 up, 12 down

    WM Dividend

    Forward yield
    1.7%
    Payout ratio
    23.2%
    3Y DPS growth
    8.3%
    5Y DPS growth
    8.6%
    Pay months
    Mar, Jun, Sep, Dec
    WM dividend history

    Frequently Asked Questions About WM

    What is WM's current dividend yield?

    Waste Management Inc (WM) has a forward dividend yield of 1.69%.

    Does WM pay dividends?

    Yes, Waste Management Inc pays dividends with a forward dividend yield of 1.69%.

    What is WM's P/E ratio?

    Waste Management Inc has a price-to-earnings (P/E) ratio of 28.98.

    What is WM's market cap?

    Waste Management Inc (WM) has a market capitalization of $89.61B with a current stock price of $224.27.

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