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) Price to free cash flow
As of 16 October 2026, Waste Management, Inc. (WM) trades at a price to free cash flow of 25.5×. Over the past ten years it has ranged from 16.2× (June 2015) to 53.0× (June 2025); the current reading is higher than 52% of that period. That is in line with the Waste Management industry median of 26.1× and above the Industrials sector median of 20.1×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 31.4× | (16.27%) |
| FY2024 | 37.5× | (5.88%) |
| FY2023 | 39.9× | 19.88% |
| FY2022 | 33.3× | 15.38% |
| FY2021 | 28.8× | 2.34% |
| FY2020 | 28.2× | 19.68% |
| FY2019 | 23.5× | 15.62% |
| FY2018 | 20.4× | (9.97%) |
| FY2017 | 22.6× | 20.29% |
| FY2016 | 18.8× | 0.74% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 25.0× | (11.07%) |
| Mar 2026 | 28.2× | (10.37%) |
| Dec 2025 | 31.4× | (15.20%) |
| Sep 2025 | 37.1× | (13.01%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| PESI Perma-Fix Environmental Services, Inc. compare | n/m |
| ABAT American Battery Technology Company compare | n/m |
| ONT Onterris, Inc. compare | 9.5× |
| WM Waste Management, Inc. | 25.5× |
| RSG Republic Services, Inc. compare | 26.7× |
| CLH Clean Harbors, Inc. compare | 35.3× |
| WCN Waste Connections, Inc. compare | 36.1× |
| CWST Casella Waste Systems, Inc. compare | 52.9× |
| GFL GFL Environmental Inc. compare | 81.9× |
| Waste Management industry median | 26.1× |
| Industrials sector median | 20.1× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- 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