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.

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

Quarter to September 2026, against a year earlier

236.47 4.80 −1.99%
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

Waste Management, Inc. (WM) Return on equity

Alert me on Return on equity

Waste Management, Inc.'s return on equity over the twelve months to 30 September 2026 was 31.7%, up 2.0 percentage points from fiscal 2025 (29.7%). Over the past ten years it has ranged from 13.4% (fiscal 2015) to 36.3% (fiscal 2024); the current reading is higher than 55% of that period. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 3.71%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 29.7% (6.57)
FY2024 36.3% 2.76
FY2023 33.5% 1.50
FY2022 32.0% 7.08
FY2021 24.9% 4.31
FY2020 20.6% (4.43)
FY2019 25.0% (6.23)
FY2018 31.3% (3.05)
FY2017 34.3% 12.19
FY2016 22.1% 8.74

Against its own ten years

Low 13.4% High 36.3%
Ten-year median 29.7%
Current reading's percentile 55

Return on equity against peers

Company Return on equity
WM Waste Management, Inc. 31.7%
RSG Republic Services, Inc. compare 18.5%
CLH Clean Harbors, Inc. compare 17.9%
WCN Waste Connections, Inc. compare 14.2%
CWST Casella Waste Systems, Inc. compare 0.36%
OIO ESGL Holdings Limited compare 0.00%
ONT Onterris, Inc. compare −2.32%
GFL GFL Environmental Inc. compare −4.07%
NVRI Enviri Corporation compare −93.3%
Waste Management industry median 0.00%
Industrials sector median 3.71%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

More on WM