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Friday 6 November 2026 Export WM’s income statement to Excel — free account

Waste Management, Inc.

WM Industrials Waste Management

Waste Management, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.2 billion, up 14.2% from fiscal 2024.

Revenue
+6.25%
EPS
+37.1%
Free cash flow
+20.5%
Total debt
+0.03%

Quarter to September 2026, against a year earlier

236.45 4.82 −2.00%
Market cap
$95.9B
P/E
31.5×
Fwd P/E
29.5×
Dividend yield
1.52%
F-score
6/9
Altman Z
2.85
Beneish M
−2.76
Dividend safety
77/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Waste Management, Inc. (WM) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Waste Management, Inc. (WM) trades at a EV/EBITDA of 15.1×. Over the past ten years it has ranged from 8.3× (June 2015) to 18.3× (June 2025); the current reading is higher than 68% of that period. That is below the Waste Management industry median of 17.1× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.2× (5.98%)
FY2024 16.2× 5.54%
FY2023 15.3× 6.34%
FY2022 14.4× (12.39%)
FY2021 16.4× 9.59%
FY2020 15.0× 12.63%
FY2019 13.3× 20.66%
FY2018 11.0× (4.10%)
FY2017 11.5× 4.70%
FY2016 11.0× 12.45%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 13.2× (10.70%)
Jun 2026 14.8× (4.42%)
Mar 2026 15.5× 1.77%
Dec 2025 15.2× (5.71%)
43 more quarters

Against its own ten years

Low 8.3× High 18.3×
Ten-year median 14.0×
Current reading's percentile 68

EV/EBITDA against peers

Company EV/EBITDA
OIO ESGL Holdings Limited compare n/m
NVRI Enviri Corporation compare n/m
CLH Clean Harbors, Inc. compare 12.7×
WM Waste Management, Inc. 15.1×
RSG Republic Services, Inc. compare 16.4×
ONT Onterris, Inc. compare 17.7×
GFL GFL Environmental Inc. compare 17.8×
WCN Waste Connections, Inc. compare 18.7×
CWST Casella Waste Systems, Inc. compare 19.5×
Waste Management industry median 17.1×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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