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.
Follow WM
Waste Management, Inc. (WM) Return on invested capital
Waste Management, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 8.61%, up 0.4 percentage points from fiscal 2025 (8.23%). Over the past ten years it has ranged from 7.35% (fiscal 2020) to 10.7% (fiscal 2018); the current reading is higher than 27% of that period. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 2.30%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 8.23% | 0.23 |
| FY2024 | 8.00% | (1.86) |
| FY2023 | 9.86% | 0.08 |
| FY2022 | 9.78% | 0.70 |
| FY2021 | 9.08% | 1.73 |
| FY2020 | 7.35% | (2.59) |
| FY2019 | 9.94% | (0.79) |
| FY2018 | 10.7% | 0.11 |
| FY2017 | 10.6% | 0.79 |
| FY2016 | 9.83% | 0.87 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CLH Clean Harbors, Inc. compare | 8.91% |
| WM Waste Management, Inc. | 8.61% |
| RSG Republic Services, Inc. compare | 8.27% |
| WCN Waste Connections, Inc. compare | 6.04% |
| GFL GFL Environmental Inc. compare | 2.00% |
| CWST Casella Waste Systems, Inc. compare | 1.42% |
| ONT Onterris, Inc. compare | 0.61% |
| PESI Perma-Fix Environmental Services, Inc. compare | −29.0% |
| ABAT American Battery Technology Company compare | −61.4% |
| Waste Management industry median | 0.00% |
| Industrials sector median | 2.30% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- 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