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Waste Management, Inc. (WM)

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209.09 +1.77 (+0.85%)
At close: 4:00 PM EDT
208.96 -0.13 (-0.06%)
After hours: 5:35 PM EDT
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DELL
  • Previous Close 207.32
  • Open 207.39
  • Bid 207.60 x 1100
  • Ask 208.63 x 800
  • Day's Range 206.21 - 209.21
  • 52 Week Range 152.90 - 225.00
  • Volume 1,019,098
  • Avg. Volume 1,533,133
  • Market Cap (intraday) 83.911B
  • Beta (5Y Monthly) 0.75
  • PE Ratio (TTM) 33.29
  • EPS (TTM) 6.28
  • Earnings Date Oct 28, 2024
  • Forward Dividend & Yield 3.00 (1.45%)
  • Ex-Dividend Date Sep 13, 2024
  • 1y Target Est 225.85

Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

www.wm.com

48,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: WM

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Performance Overview: WM

Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

WM
18.02%
S&P 500
19.50%

1-Year Return

WM
40.37%
S&P 500
32.92%

3-Year Return

WM
46.41%
S&P 500
30.82%

5-Year Return

WM
98.16%
S&P 500
97.39%

Compare To: WM

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Statistics: WM

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Valuation Measures

Annual
As of 10/2/2024
  • Market Cap

    83.20B

  • Enterprise Value

    98.99B

  • Trailing P/E

    32.96

  • Forward P/E

    26.18

  • PEG Ratio (5yr expected)

    2.50

  • Price/Sales (ttm)

    3.99

  • Price/Book (mrq)

    11.16

  • Enterprise Value/Revenue

    4.72

  • Enterprise Value/EBITDA

    16.77

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.13%

  • Return on Assets (ttm)

    7.88%

  • Return on Equity (ttm)

    35.02%

  • Revenue (ttm)

    20.98B

  • Net Income Avi to Common (ttm)

    2.54B

  • Diluted EPS (ttm)

    6.28

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    950M

  • Total Debt/Equity (mrq)

    224.71%

  • Levered Free Cash Flow (ttm)

    1.42B

Research Analysis: WM

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 5.4B
Earnings 680M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

204.00
225.85 Average
209.09 Current
251.00 High
 

Company Insights: WM

Research Reports: WM

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  • Recent relative weakness offers buying opportunity

    Houston-based Waste Management Inc. is North America's leading provider of comprehensive waste management services, serving municipal, commercial, industrial and residential customers. The company has five business segments: Collection, Landfill, Transfer, Recycling and Other. It is also a leading developer, operator, and owner of landfill gas-to-energy facilities, and the largest recycler in the U.S. The company has approximately 48,000 employees. The WM shares are a component of the S&P 500.

    Rating
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  • The major benchmarks are all higher by more than 1%, after this morning's

    The major benchmarks are all higher by more than 1%, after this morning's unemployment claims eased fears of weakness in the labor market. Jobless claims for the week ended August 3 came in at a solid 233,000, under the 240,000 consensus. Economists have been concerned after last week's jump in the Unemployment Rate and big decline in Nonfarm Payrolls. Stocks have been hyper-sensitive to labor market weakness and fears that the Federal Reserve is behind the curve in lowering interest rates.

     
  • 2024 Will Be an Acquisitive Year for Wide-Moat Waste Management

    WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

    Rating
    Price Target
     
  • Waste Management Earnings: Margin Expansion Continues but Market Punished Earnings Miss

    WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 263 active landfills and about 332 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.

    Rating
    Price Target
     

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