WM - Waste Management Inc Stock Price, Fair Value and News

209.97USD-0.53 (-0.25%)Market Closed

Market Summary

USD209.97-0.53

Market Closed

-0.25%

WM Stock Price

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WM RSI Chart

WM Valuation

Market Cap

84.2B

Price/Earnings (Trailing)

33.97

Price/Sales (Trailing)

4.07

EV/EBITDA

18.9

Price/Free Cashflow

16.7

WM Price/Sales (Trailing)

WM Profitability

EBT Margin

15.44%

Return on Equity

35.02%

Return on Assets

7.59%

Free Cashflow Yield

5.99%

WM Fundamentals

WM Revenue

Revenue (TTM)

20.7B

Rev. Growth (Yr)

5.46%

Rev. Growth (Qtr)

-1.11%

WM Earnings

Earnings (TTM)

2.5B

Earnings Growth (Yr)

32.83%

Earnings Growth (Qtr)

43.61%

Breaking Down WM Revenue

Last 7 days

1.6%

Last 30 days

1.6%

Last 90 days

10.8%

Trailing 12 Months

23.9%

How does WM drawdown profile look like?

WM Financial Health

Current Ratio

0.89

Debt/Equity

2.23

Debt/Cashflow

0.32

WM Investor Care

Dividend Yield

1.36%

Dividend/Share (TTM)

2.85

Buy Backs (1Y)

1.41%

Diluted EPS (TTM)

6.11

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	20.7B	0	0	0
2023	19.9B	20.0B	20.1B	20.4B
2022	18.5B	19.0B	19.4B	19.7B
2021	15.6B	16.5B	17.3B	17.9B
2020	15.5B	15.1B	15.0B	15.2B
2019	15.1B	15.3B	15.5B	15.5B
2018	14.6B	14.6B	14.7B	14.9B
2017	13.9B	14.1B	14.3B	14.5B
2016	13.1B	13.2B	13.4B	13.6B
2015	13.6B	13.4B	13.2B	13.0B
2014	14.0B	14.1B	14.1B	14.0B
2013	13.7B	13.8B	13.9B	14.0B
2012	13.6B	13.7B	13.6B	13.6B
2011	12.7B	12.9B	13.2B	13.4B
2010	11.9B	12.1B	12.3B	12.5B
2009	12.9B	12.4B	11.9B	11.8B
2008	0	13.3B	13.4B	13.4B
2007	0	0	0	13.3B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Waste Management Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	fish james c jr	sold	-7,401,800	204	-36,207	pres, chief executive officer
Mar 01, 2024	carroll john a.	acquired	-	-	412	vp & chief accounting officer
Mar 01, 2024	holt victoria m	gifted	-	-	-21,473	-
Mar 01, 2024	carrasco rafael	sold	-172,082	204	-840	svp of enterprise strategy
Mar 01, 2024	holt victoria m	gifted	-	-	21,473	-
Mar 01, 2024	bene thomas	acquired	67,775	204	331	-
Feb 28, 2024	boettcher charles c	sold	-523,750	209	-2,500	evp, corp development & clo
Feb 26, 2024	carrasco rafael	sold	-11,438	207	-55.00	svp of enterprise strategy
Feb 26, 2024	smith donald j	sold	-11,635	207	-56.00	sr. vp - operations
Feb 26, 2024	rooney kelly c.	sold	-6,027	207	-29.00	svp chief people officer

Which funds bought or sold WM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Choate Investment Advisors	added	22.9	357,547	1,130,180	0.03%
May 07, 2024	FORSTA AP-FONDEN	added	0.51	3,446,880	21,016,600	0.18%
May 07, 2024	Inspire Investing, LLC	reduced	-15.95	105	444,631	0.04%
May 07, 2024	TCI Wealth Advisors, Inc.	new	-	202,493	202,493	0.02%
May 07, 2024	Algebris (UK) Ltd	reduced	-24.02	-56,718	701,281	0.26%
May 07, 2024	NorthRock Partners, LLC	added	7.12	199,209	923,897	0.08%
May 07, 2024	Capital Wealth Planning, LLC	sold off	-100	-86,364,200	-	-%
May 07, 2024	Empowered Funds, LLC	added	170	2,015,960	2,923,990	0.03%
May 07, 2024	Sather Financial Group Inc	sold off	-100	-329,723	-	-%
May 07, 2024	Mengis Capital Management, Inc.	unchanged	-	-	1,026,350	0.19%

Are Funds Buying or Selling WM?

Are funds buying WM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WM

No. of Funds

Unveiling Waste Management Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.98%	36,159,856	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	28,665,838	SC 13G/A
Feb 10, 2023	bill & melinda gates foundation trust	8.6%	35,234,344	SC 13G/A
Feb 09, 2023	vanguard group inc	9.13%	37,490,065	SC 13G/A
Feb 07, 2023	blackrock inc.	7.4%	30,411,118	SC 13G/A
Feb 14, 2022	cascade investment, l.l.c.	4.0%	16,600,672	SC 13G/A
Feb 09, 2022	vanguard group inc	8.36%	34,980,666	SC 13G/A
Feb 01, 2022	blackrock inc.	7.2%	29,941,759	SC 13G/A
Feb 12, 2021	cascade investment, l.l.c.	3.9%	16,600,672	SC 13G/A
Feb 10, 2021	vanguard group inc	8.26%	34,896,452	SC 13G/A

Recent SEC filings of Waste Management Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 02, 2024	ARS	ARS
Apr 02, 2024	DEF 14A	DEF 14A
Apr 02, 2024	DEFA14A	DEFA14A
Mar 12, 2024	PRE 14A	PRE 14A
Mar 06, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to Waste Management Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.4B	18.9B	-1.50%	13.70%	26.88	5.26	7.08%	13.46%
CTAS	70.1B	9.4B	1.93%	49.61%	46.6	7.45	9.34%	15.98%
CPRT	53.0B	4.1B	-2.01%	38.74%	39.09	13.06	10.52%	25.37%
EFX	29.0B	5.4B	-9.55%	17.56%	51.91	5.41	5.76%	-4.95%
BAH	19.6B	10.3B	2.56%	63.55%	47.89	1.9	13.90%	-5.05%
ALLE	10.8B	3.6B	-6.61%	15.05%	20.07	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	-7.22%	4.88%	20.86	1.2	-13.83%	-42.32%
AL	5.5B	2.7B	-2.78%	28.51%	9.35	2.01	15.08%	16.51%
SRCL	4.4B	2.6B	-8.93%	8.80%	-224.06	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	1.61%	5.47%	11.04	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-8.07%	111.87%	18.61	0.7	104.63%	188.16%
ALTG	380.9M	1.9B	-10.69%	-15.56%	42.79	0.2	19.40%	-4.30%
ARC	117.2M	281.2M	3.01%	-2.49%	14.23	0.42	-1.68%	-25.77%
AQMS	51.5M	1.1M	-25.81%	-58.18%	-2.15	49.78	336.95%	-55.13%
AWX	8.3M	80.5M	-9.36%	-18.66%	-4.62	0.1	-0.82%	-207.00%

Waste Management Inc News

Latest updates

Waste Management Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.1%	5,159	5,217	5,198	5,119	4,892	4,935	5,075	5,027	4,661	4,678	4,665	4,476	4,112	4,067	3,861	3,561	3,729	3,846	3,967	3,946	3,696
Costs and Expenses	-6.5%	4,143	4,432	4,177	4,175	4,067	4,170	4,133	4,137	3,893	3,960	3,859	3,685	3,462	3,413	3,181	3,034	3,156	3,191	3,233	3,250	3,075
S&GA Expenses	-4.3%	491	513	470	467	476	487	473	487	491	492	469	445	458	60.00	416	377	425	445	386	391	409
EBITDA Margin	2.2%	0.25*	0.25*	0.24*	0.23*	0.23*	0.23*	0.23*	0.23*	0.22*	0.22*	0.22*	0.21*	-	-	-	-	-	-	-	-	-
Income Taxes	-7.4%	162	175	210	196	164	143	189	189	157	136	167	105	124	109	126	88.00	74.00	84.00	120	115	115
Earnings Before Taxes	34.9%	869	644	872	809	696	643	828	776	671	642	706	456	545	547	516	395	435	531	615	497	462
EBT Margin	4.4%	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.13*	0.13*	0.13*	0.12*	-	-	-	-	-	-	-	-	-
Net Income	43.6%	708	493	663	615	533	499	639	587	513	506	538	351	421	438	390	307	361	447	495	381	347
Net Income Margin	6.2%	0.12*	0.11*	0.11*	0.11*	0.11*	0.11*	0.12*	0.11*	0.10*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	-1.1%	1,367	1,382	1,263	1,030	1,044	1,049	1,182	1,047	1,258	991	1,184	1,043	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.5%	32,666	32,823	31,935	31,614	31,290	31,367	29,841	30,128	29,219	29,097	28,841	29,037	29,070	29,345	24,772	26,619	27,178	27,743	27,109	25,986	23,373
Current Assets	-7.2%	3,529	3,804	3,562	3,480	3,371	3,551	3,264	3,987	3,059	3,069	3,184	3,226	3,327	3,540	3,357	5,106	5,635	6,209	5,560	4,836	2,488
Cash Equivalents	-29.7%	322	458	150	144	257	445	137	894	155	118	116	148	476	648	703	2,663	3,125	3,647	2,915	2,250	57.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,917	12,900	12,893	12,805	12,665	12,390
Goodwill	-0.1%	9,246	9,254	9,398	9,399	9,344	9,323	9,092	9,022	9,034	9,028	9,006	8,992	8,980	8,994	6,504	6,512	6,498	6,532	6,550	6,512	6,479
Liabilities	-1.3%	25,588	25,927	24,969	24,686	24,482	24,503	22,829	22,936	22,073	21,971	21,667	21,683	21,641	21,891	17,615	19,726	20,433	20,673	20,322	19,519	16,956
Current Liabilities	-6.6%	3,949	4,226	4,218	4,251	3,856	4,394	3,834	3,722	3,806	4,082	4,102	3,683	3,285	3,553	2,806	5,772	3,070	3,144	2,989	2,846	3,612
Long Term Debt	-0.8%	15,762	15,895	15,133	14,855	15,034	14,570	13,805	14,046	13,052	12,697	12,446	12,883	13,244	13,259	10,255	9,598	13,065	13,280	13,147	12,623	9,323
Shareholder's Equity	2.6%	7,082	6,903	6,950	6,928	6,808	6,864	7,012	7,192	7,146	7,126	7,174	7,354	7,429	7,454	7,157	6,893	6,745	7,070	6,787	6,467	6,417
Retained Earnings	2.8%	14,738	14,334	14,124	13,744	13,414	13,167	12,933	12,563	12,247	12,004	11,740	11,444	11,337	11,159	10,952	10,795	10,718	10,592	10,364	10,088	9,924
Additional Paid-In Capital	0.0%	5,352	5,351	5,385	5,341	5,244	5,314	5,299	5,257	5,178	5,169	5,111	5,104	5,071	5,129	5,104	5,040	5,026	5,049	5,026	4,962	4,978
Accumulated Depreciation	1.4%	23,144	22,826	22,702	22,400	22,027	21,627	21,438	21,127	20,918	20,537	20,351	19,995	19,647	19,337	19,266	19,031	18,763	18,657	18,499	18,619	18,355
Shares Outstanding	0.0%	401	402	403	405	407	408	411	413	415	416	418	-	-	-	-	-	-	-	-	-	-
Minority Interest	42.9%	-4.00	-7.00	16.00	19.00	14.00	15.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	1.00	2.00
Float	-	-	-	-	70,100	-	-	-	63,100	-	-	-	58,900	-	-	-	44,700	-	-	-	48,800	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-1.1%	1,367	1,382	1,263	1,030	1,044	1,049	1,182	1,047	1,258	991	1,184	1,043	1,120	753	1,029	856	765	1,022	952	1,010	890
Share Based Compensation	36.4%	30.00	22.00	24.00	21.00	26.00	13.00	20.00	26.00	25.00	27.00	36.00	22.00	23.00	20.00	51.00	10.00	13.00	24.00	19.00	16.00	27.00
Cashflow From Investing	30.4%	-755	-1,084	-668	-561	-778	-1,027	-936	-528	-572	-788	-398	-374	-334	-3,606	-323	-415	-503	-280	-531	-765	-800
Cashflow From Financing	-73800.0%	-737	1.00	-606	-600	-319	175	-984	228	-635	-214	-876	-980	-830	2,685	-2,669	-907	-668	-116	258	1,780	42.00
Dividend Payments	9.3%	307	281	283	283	289	266	267	269	275	240	241	242	247	231	230	230	236	218	218	217	223
Buy Backs	-19.9%	250	312	370	270	350	439	541	270	250	350	500	250	250	-	-	-	402	-	-	180	68.00

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WM Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Operating revenues	$ 5,159	$ 4,892
Costs and expenses:
Operating	3,140	3,086
Selling, general and administrative	491	476
Depreciation, depletion and amortization	514	505
Restructuring		3
(Gain) loss from divestitures, asset impairments and unusual items, net	(2)	(3)
Total costs and expenses	4,143	4,067
Income from operations	1,016	825
Other income (expense):
Interest expense, net	(130)	(120)
Equity in net losses of unconsolidated entities	(19)	(11)
Other, net	2	2
Total other income (expense)	(147)	(129)
Income before income taxes	869	696
Income tax expense	162	164
Consolidated net income	707	532
Less: Net income (loss) attributable to noncontrolling interests	(1)	(1)
Net income attributable to Waste Management, Inc.	$ 708	$ 533
Basic earnings per common share	$ 1.76	$ 1.31
Diluted earnings per common share	$ 1.75	$ 1.30

WM Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 322	$ 458
Accounts receivable, net of allowance for doubtful accounts of $27 and $30, respectively	2,530	2,633
Other receivables, net of allowance for doubtful accounts of $5 and $4 respectively	155	237
Parts and supplies	189	173
Other assets	333	303
Total current assets	3,529	3,804
Property and equipment, net of accumulated depreciation and depletion of $23,144 and $22,826, respectively	17,044	16,968
Goodwill	9,246	9,254
Other intangible assets, net	728	759
Restricted funds	524	422
Investments in unconsolidated entities	589	606
Other assets	1,006	1,010
Total assets	32,666	32,823
Current liabilities:
Accounts payable	1,617	1,709
Accrued liabilities	1,410	1,605
Deferred revenues	586	578
Current portion of long-term debt	336	334
Total current liabilities	3,949	4,226
Long-term debt, less current portion	15,762	15,895
Deferred income taxes	1,880	1,826
Landfill and environmental remediation liabilities	2,912	2,888
Other liabilities	1,085	1,092
Total liabilities	25,588	25,927
Commitments and contingencies (Note 6)
Waste Management, Inc. stockholders' equity:
Common stock, $0.01 par value; 1,500,000,000 shares authorized; 630,282,461 shares issued	6	6
Additional paid-in capital	5,352	5,351
Retained earnings	14,738	14,334
Accumulated other comprehensive (loss) income	(60)	(37)
Treasury stock at cost 228,979,512 and 228,827,218 shares, respectively	(12,954)	(12,751)
Total Waste Management, Inc. stockholders' equity	7,082	6,903
Noncontrolling interests	(4)	(7)
Total equity	7,078	6,896
Total liabilities and equity	$ 32,666	$ 32,823

About Waste Management Inc

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

CEO	Mr. James C. Fish Jr.
WEBSITE	wm.com
INDUSTRY	Information Technology Services
EMPLOYEES	49500

Waste Management Inc Frequently Asked Questions

What is the ticker symbol for Waste Management Inc? What does WM stand for in stocks?

WM is the stock ticker symbol of Waste Management Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Waste Management Inc (WM)?

As of Wed May 08 2024, market cap of Waste Management Inc is 84.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WM stock?

You can check WM's fair value in chart for subscribers.

What is the fair value of WM stock?

You can check WM's fair value in chart for subscribers. The fair value of Waste Management Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Waste Management Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Waste Management Inc a good stock to buy?

The fair value guage provides a quick view whether WM is over valued or under valued. Whether Waste Management Inc is cheap or expensive depends on the assumptions which impact Waste Management Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WM.

What is Waste Management Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, WM's PE ratio (Price to Earnings) is 33.97 and Price to Sales (PS) ratio is 4.07. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Waste Management Inc's stock?

In the past 10 years, Waste Management Inc has provided 0.19 (multiply by 100 for percentage) rate of return.