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. In the quarter to June 2026, revenue grew 3.95%, EPS grew 8.89%, free cash flow grew 34.8% and total debt fell 2.76%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five; insiders bought in the last twelve months.
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Waste Management, Inc. (WM) EV/EBITDA
As of 16 October 2026, Waste Management, Inc. (WM) trades at a EV/EBITDA of 15.0×. Over the past ten years it has ranged from 8.3× (June 2015) to 18.3× (June 2025); the current reading is higher than 67% of that period. That is in line with the Waste Management industry median of 15.8× and above the Industrials sector median of 12.6×.
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 |
|---|---|---|
| Jun 2026 | 14.8× | (4.42%) |
| Mar 2026 | 15.5× | 1.77% |
| Dec 2025 | 15.2× | (5.71%) |
| Sep 2025 | 16.1× | (3.64%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| PESI Perma-Fix Environmental Services, Inc. compare | n/m |
| ABAT American Battery Technology Company compare | n/m |
| ONT Onterris, Inc. compare | 14.8× |
| WM Waste Management, Inc. | 15.0× |
| CLH Clean Harbors, Inc. compare | 15.8× |
| RSG Republic Services, Inc. compare | 15.8× |
| GFL GFL Environmental Inc. compare | 16.3× |
| WCN Waste Connections, Inc. compare | 17.5× |
| CWST Casella Waste Systems, Inc. compare | 17.6× |
| Waste Management industry median | 15.8× |
| Industrials sector median | 12.6× |
| Market median | 11.0× |
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)
More on WM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement