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Saturday 17 October 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. 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.

226.96 2.77 +1.24%
Market cap
$89.6B
P/E
32.0×
Fwd P/E
27.0×
Dividend yield
1.61%
F-score
6/9
Altman Z
2.85
Beneish M
−2.76
Dividend safety
77/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Waste Management, Inc. (WM) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Waste Management, Inc. (WM) trades at a P/B ratio of 9.2×. Over the past ten years it has ranged from 3.8× (June 2015) to 12.6× (March 2024); the current reading is higher than 68% of that period. That is above the Waste Management industry median of 1.5× and above the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 8.9× (9.78%)
FY2024 9.8× (6.92%)
FY2023 10.5× 11.67%
FY2022 9.4× (4.09%)
FY2021 9.8× 47.13%
FY2020 6.7× (2.22%)
FY2019 6.8× 12.48%
FY2018 6.1× (2.70%)
FY2017 6.3× 6.36%
FY2016 5.9× 30.59%

Quarterly newest first

Period P/B ratio Change
Jun 2026 9.0× (2.48%)
Mar 2026 9.2× 4.39%
Dec 2025 8.9× (5.27%)
Sep 2025 9.3× (6.62%)
42 more quarters

Against its own ten years

Low 3.8× High 12.6×
Ten-year median 7.4×
Current reading's percentile 65

P/B ratio against peers

Company P/B ratio
ONT Onterris, Inc. compare 1.2×
ABAT American Battery Technology Company compare 1.5×
GFL GFL Environmental Inc. compare 2.9×
CWST Casella Waste Systems, Inc. compare 3.5×
PESI Perma-Fix Environmental Services, Inc. compare 4.2×
WCN Waste Connections, Inc. compare 5.4×
CLH Clean Harbors, Inc. compare 5.8×
RSG Republic Services, Inc. compare 5.9×
WM Waste Management, Inc. 9.2×
Waste Management industry median 1.5×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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