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) 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 | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| PESI Perma-Fix Environmental Services, Inc. compare | n/m |
| ONT Onterris, Inc. compare | n/m |
| GFL GFL Environmental Inc. compare | n/m |
| ABAT American Battery Technology Company compare | n/m |
| WM Waste Management, Inc. | 32.0× |
| RSG Republic Services, Inc. compare | 32.8× |
| CLH Clean Harbors, Inc. compare | 38.7× |
| WCN Waste Connections, Inc. compare | 40.3× |
| CWST Casella Waste Systems, Inc. compare | 978× |
| Waste Management industry median | 35.7× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
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)
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/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- 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