Friday 6 November 2026 Export WM’s income statement to Excel — free account

Waste Management, Inc.

Waste Management, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.2 billion, up 14.2% from fiscal 2024.

Revenue: +6.25%
EPS: +37.1%
Free cash flow: +20.5%
Total debt: +0.03%

Quarter to September 2026, against a year earlier

240.83 2.34 +0.98%

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Market cap: $95.9B
P/E: 31.5×
Fwd P/E: 29.5×
Dividend yield: 1.52%
F-score: 6/9
Altman Z: 2.85
Beneish M: −2.76
Dividend safety: 77/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Waste Management, Inc. (WM) Price to free cash flow

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As of 5 November 2026, Waste Management, Inc. (WM) trades at a price to free cash flow of 25.7×. Over the past ten years it has ranged from 16.2× (June 2015) to 53.0× (June 2025); the current reading is higher than 53% of that period. That is below the Waste Management industry median of 28.9× and above the Industrials sector median of 19.6×.

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<iframe src="https://stockrow.com/embed/WM/price-to-free-cash-flow" width="100%" height="360" style="border:0" loading="lazy" title="Waste Management, Inc. price to free cash flow, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/WM/metrics/price-to-free-cash-flow">Waste Management, Inc. (WM) price to free cash flow — stockrow.com</a></p>

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%

Period	Price to free cash flow	Change
Sep 2026	21.7×	(13.16%)
Jun 2026	25.0×	(11.07%)
Mar 2026	28.2×	(10.37%)
Dec 2025	31.4×	(15.20%)
43 more quarters	Free account

Against its own ten years

Low 16.2× High 53.0×

Ten-year median 25.2×

Current reading's percentile 53

Company	Price to free cash flow
OIO ESGL Holdings Limited compare	n/m
NVRI Enviri Corporation compare	n/m
ONT Onterris, Inc. compare	10.3×
WM Waste Management, Inc.	25.7×
CLH Clean Harbors, Inc. compare	28.9×
RSG Republic Services, Inc. compare	29.5×
WCN Waste Connections, Inc. compare	40.5×
CWST Casella Waste Systems, Inc. compare	60.0×
GFL GFL Environmental Inc. compare	79.9×
Waste Management industry median	28.9×
Industrials sector median	19.6×
Market median	14.1×

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)))

The full definition of Price to free cash flow →

Waste Management, Inc. (WM) Price to free cash flow

Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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Price to free cash flow, daily

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Against its own ten years

Price to free cash flow against peers

What Price to free cash flow is

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