profit from every $100 of sales.
$0$100
Waste Management
$237.38+0.33% today
+18.4% in 1 year
1-year low $200.471-year high $246.51
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $34.86 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Waste Management sold, what it kept, and what it did with the cash.
Sales went from $19.7 billion in 2022 to $25.2 billion in 2025, with $2.71 billion of profit last year.
SalesProfit
Waste Management handed back 47% of the cash it generated last year.
$1.3B
Free cash flow 2025$2.8B
Bought back its own shares$0
Paid as dividends$1.3B
Cash vs. debt$201M vs. $22.9B
Waste Management vs. similar companies
Waste Management grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Waste Management | 34.9× · Expensive | ||
 Republic Services | 35.3× · Expensive | ||
 Waste Connections | 44.4× · Expensive | ||
 Veolia Environnement SA | 20.6× · Fair price | ||
 GFL Environmental | 5.7× · Cheap |
Compare Waste Management with Caterpillar · Cintas · Fastenal · General Electric · GE Aerospace · RELX · Republic Services · RTX
AI analysis
Waste Management grows steadily, but the price assumes a lot
Read the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 15,218 | 17,931 | 19,698 | 20,426 | 22,063 | 25,204 | |
| 5,877 | 6,820 | 7,404 | 7,820 | 8,680 | 10,192 | |
| – | – | 3,428 | 3,823 | 4,149 | 4,607 | |
| 4,105 | 4,964 | 5,334 | 5,592 | 6,323 | 7,201 | |
| 1,496 | 1,816 | 2,238 | 2,304 | 2,746 | 2,708 | |
| 3.52 | 4.29 | 5.39 | 5.66 | 6.81 | 6.70 | |
| 38.6% | 38.0% | 37.6% | 38.3% | 39.3% | 40.4% | |
| – | – | 17.4% | 18.7% | 18.8% | 18.3% | |
| 9.8% | 10.1% | 11.4% | 11.3% | 12.4% | 10.7% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 29,345 | 29,097 | 31,367 | 32,823 | 44,567 | 45,835 |
| Cash | 553 | 118 | 351 | 458 | 414 | 201 |
| Total debt | 13,810 | 13,405 | 14,984 | 16,229 | 23,900 | 22,907 |
| Total liabilities | 21,891 | 21,971 | 24,503 | 25,927 | 36,313 | 35,844 |
| 7,452 | 7,124 | 6,849 | 6,903 | 8,252 | 9,990 | |
| 425 | 423 | 415 | 407 | 403 | 404 | |
| 9.0% | 11.4% | 11.9% | 12.0% | 10.0% | 10.4% | |
| 20.1% | 25.5% | 32.7% | 33.4% | 33.3% | 27.1% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,403 | 4,338 | 4,536 | 4,719 | 5,390 | 6,043 | |
| 1,585 | 2,039 | 2,587 | 2,895 | 3,231 | 3,227 | |
| 1,818 | 2,299 | 1,949 | 1,824 | 2,159 | 2,816 | |
| Dividends paid | 927 | 970 | 1,077 | 1,136 | 1,210 | 1,334 |
| 402 | 1,350 | 1,500 | 1,302 | 262 | 0 | |
| 94 | 108 | 84 | 93 | 118 | 169 |
Valuation
- 34.9×
- 29.0×
- 2.54
- 9.5×
- 3.7×
- 33.5×
- 16.3×
- 3.0%
- 2.9%
- 1.6%
Profitability
- 40.4%
- 18.3%
- 10.7%
- 29.1%
- 10.7%
- 11.4%
- 28.9%
- 6.1%
- 11.6%
- –
Growth
- +10.6%
- +13.7%
- +30.4%
- +8.6%
- −0.9%
Financial health
- 3.2×
- 2.29
- 50.1%
- 4.8×
- 0.89
- 0.93
- 0.56
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 32%of 979
Top 17%of 984
Bottom 24%of 862
Top 32%of 984
Bottom 42%of 986
What analysts expect
- Average price target
- $254.67
- Range
- $238.00 – $264.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 1.81 | 1.75 | +3.4% |
| Jan 28, 2026 | 1.93 | 1.95 | −1.0% |
| Oct 27, 2025 | 1.98 | 2.01 | −1.5% |
| Jul 28, 2025 | 1.92 | 1.89 | +1.6% |
| Apr 28, 2025 | 1.67 | 1.59 | +5.0% |
| Jan 29, 2025 | 1.70 | 1.80 | −5.6% |
| Oct 28, 2024 | 1.96 | 1.89 | +3.7% |
| Jul 24, 2024 | 1.82 | 1.83 | −0.5% |
1.6%of the share price, paid each year
On $1,000 invested$16a year at today's yield, before tax
+8.6%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$1.54 in 2015 → $3.30 in 2025
How safe it looks
49.3% of its profit
Room to growStretchedMore than it earns: 47.4%
News
Waste Connections raises quarterly dividend by 10% to CAD 0.385/shareSeeking Alpha · Oct 22, 2026Waste Management (WM) Rises As Market Takes a Dip: Key FactsYahoo Finance · Sep 14, 2026Waste Management (WM) Exceeds Market Returns: Some Facts to ConsiderYahoo Finance · Sep 3, 2026EQT offers $4.9B to acquire Australia’s Cleanaway WasteSeeking Alpha · Aug 13, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
26No pass
Philip Fisher
55No pass
Peter Lynch
35No pass
Joel Greenblatt
14No pass
Charlie Munger
41No pass
Terry Smith
44No pass
Questions about Waste Management
Is Waste Management a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Waste Management AI analysis
What does Waste Management do?
Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally. It is in Waste Management, based in Houston, TX, United States, with 60,500 employees.
Does Waste Management pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 49% of its yearly profit. In 2025 it paid out $1.33 billion in dividends.
Is Waste Management stock halal?
Yes. Waste Management passes our halal screen: its business is permitted and its debt is 24% of its market value, under the 30% limit. How we check
How has Waste Management stock done over the past year?
Up 18.4% over the past twelve months, to $237.38. It traded between $200.47 and $246.51 and is 3.7% below its high.
Who are Waste Management's competitors?
The largest listed companies in the same industry are Republic Services, Waste Connections, Veolia Environnement SA and GFL Environmental. The peers table on this page compares their profit, growth and price with Waste Management's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.