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

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

Alert me on P/E ratio

As of 16 October 2026, Waste Management, Inc. (WM) trades at a P/E ratio of 32.0×. Over the past ten years it has ranged from 15.8× (December 2018) to 41.1× (September 2021); the current reading is higher than 65% of that period. That is below the Waste Management industry median of 35.7× and above the Industrials sector median of 24.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 32.7× 10.82%
FY2024 29.5× (6.38%)
FY2023 31.5× 8.96%
FY2022 28.9× (25.15%)
FY2021 38.6× 15.97%
FY2020 33.3× 15.18%
FY2019 28.9× 45.61%
FY2018 19.9× 2.90%
FY2017 19.3× (26.91%)
FY2016 26.4× (16.86%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 31.4× (5.20%)
Mar 2026 33.2× 1.42%
Dec 2025 32.7× (5.69%)
Sep 2025 34.7× 2.42%
42 more quarters

Against its own ten years

Low 15.8× High 41.1×
Ten-year median 29.3×
Current reading's percentile 62

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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