US · USD
WM
Waste Management Inc
- Day's range
- $201.44 – $204.85
- Day's volume
- $314.1M
- 52-week range
- $193.54 – $243.40
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See how WM weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountWM in numbers
- Market cap
- $81B
- P/E
- 28.29
- P/B
- 8.13
- Dividend yield (12m)
- 1.81%
The 12-month dividend yield of WM is 1.81%, above its 5-year average of 1.52%.
WM price history
WM risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +2.92% | +28.83% | +36.57% |
| Volatility (annualized) | 19.02% | 18.31% | 18.57% |
| Largest drawdown | -14.96% | -16.50% | -16.50% |
| Positive months | 7/12 | 22/36 | 33/60 |
How much did investing in WM return?
$1,000.00 invested on 10/01/2021 would be worth $1,363.59 today.
- Value today in WM
- $1,363.59
- Return over the period
- +36.36%
- Return per year
- +6.40%
- In the S&P 500
- $1,664.67
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
WM fundamentals
Valuation
- P/E28.29
- P/B8.13
- EV/EBITDA10.77
- EV/EBIT17.95
- EV/Revenue3.15
- P/EBIT17.95
- P/S3.15
- P/OCF12.43
- P/FCF—
- Earnings yield5.57%
- PEG ratio—
- Earnings per share$7.14
- Book value per share$24.83
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio0.91
- Quick ratio—
- Cash ratio0.09
Efficiency
- Gross margin40.88%
- EBITDA margin29.30%
- Operating margin17.57%
- Net margin11.12%
- Asset turnover0.55
Profitability
- ROE28.75%
- ROA6.14%
- ROIC35.78%
- Payout51.28%
Growth
- Revenue CAGR (5 years)9.22%
- Earnings CAGR (5 years)12.26%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is WM's fair price?
Two classic value formulas, with today's numbers. The current price is $201.92.
- Graham's fair price
- $63.15
- 68.73% below the price
√(22.50 × $7.14 × $24.83)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $46.67
- 76.89% below the price
$2.80 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
WM's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 32.72 | 29.55 | 31.22 | 28.61 | 38.10 | 33.36 | 28.98 | 19.59 |
| P/B | 8.87 | 9.83 | 10.42 | 9.35 | 9.71 | 6.70 | 6.85 | 6.01 |
| EV/EBITDA | 12.36 | 12.82 | 12.74 | 11.85 | 13.94 | 12.16 | 11.31 | 8.84 |
| Dividend yield | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% |
| Earnings per share | $6.71 | $6.83 | $5.74 | $5.48 | $4.38 | $3.54 | $3.93 | $4.54 |
| Book value per share | $24.77 | $20.52 | $17.19 | $16.78 | $17.18 | $17.61 | $16.64 | $14.81 |
| ROE | 27.11% | 33.28% | 33.38% | 32.68% | 25.49% | 20.08% | 23.63% | 30.68% |
| ROIC | 34.10% | 39.08% | 39.02% | 37.72% | 32.19% | 25.81% | 30.39% | 35.97% |
| Gross margin | 40.44% | 39.34% | 38.28% | 37.59% | 38.03% | 38.62% | 38.56% | 37.98% |
| EBITDA margin | 28.45% | 28.69% | 27.64% | 27.43% | 27.68% | 26.97% | 27.69% | 28.60% |
| Net margin | 10.74% | 12.45% | 11.28% | 11.36% | 10.13% | 9.83% | 10.81% | 12.91% |
WM's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $25.2B | $22.1B | $20.4B | $19.7B | $17.9B | $15.2B |
| Cost of revenue | -$15B | -$13.4B | -$12.6B | -$12.3B | -$11.1B | -$9.3B |
| Gross profit | $10.2B | $8.7B | $7.8B | $7.4B | $6.8B | $5.9B |
| EBITDA | $7.2B | $6.3B | $5.6B | $5.4B | $5B | $4.1B |
| EBIT | $4.3B | $4.1B | $3.6B | $3.4B | $3B | $2.4B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $3.4B | $3.5B | $3B | $2.9B | $2.3B | $1.9B |
| Income tax | -$717M | -$713M | -$745M | -$678M | -$532M | -$397M |
| Net income | $2.7B | $2.7B | $2.3B | $2.2B | $1.8B | $1.5B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does WM pay dividends?
Dividend yield per year
- 1.97%2017
- 2.09%2018
- 1.80%2019
- 1.85%2020
- 1.38%2021
- 1.66%2022
- 1.56%2023
- 1.49%2024
- 1.50%2025
- 1.40%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/10/2026 | 09/25/2026 | $0.95 |
| Dividend | 06/04/2026 | 06/18/2026 | $0.95 |
| Dividend | 03/12/2026 | 03/27/2026 | $0.95 |
| Dividend | 12/04/2025 | 12/19/2025 | $0.83 |
| Dividend | 09/11/2025 | 09/26/2025 | $0.83 |
| Dividend | 06/05/2025 | 06/20/2025 | $0.83 |
| Dividend | 03/13/2025 | 03/28/2025 | $0.83 |
| Dividend | 12/05/2024 | 12/20/2024 | $0.75 |
| Dividend | 09/12/2024 | 09/27/2024 | $0.75 |
| Dividend | 06/06/2024 | 06/21/2024 | $0.75 |
| Dividend | 03/13/2024 | 03/28/2024 | $0.75 |
| Dividend | 11/29/2023 | 12/15/2023 | $0.70 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/06/2023 | 09/22/2023 | $0.70 |
| Dividend | 05/31/2023 | 06/16/2023 | $0.70 |
| Dividend | 03/08/2023 | 03/24/2023 | $0.70 |
| Dividend | 11/30/2022 | 12/16/2022 | $0.65 |
| Dividend | 09/07/2022 | 09/23/2022 | $0.65 |
| Dividend | 06/01/2022 | 06/17/2022 | $0.65 |
| Dividend | 03/15/2022 | 03/31/2022 | $0.65 |
| Dividend | 12/01/2021 | 12/17/2021 | $0.58 |
| Dividend | 09/01/2021 | 09/17/2021 | $0.58 |
| Dividend | 06/02/2021 | 06/18/2021 | $0.58 |
| Dividend | 03/10/2021 | 03/26/2021 | $0.58 |
| Dividend | 12/02/2020 | 12/18/2020 | $0.55 |
| Dividend | 09/02/2020 | 09/18/2020 | $0.55 |
| Dividend | 06/03/2020 | 06/19/2020 | $0.55 |
| Dividend | 03/04/2020 | 03/20/2020 | $0.55 |
| Dividend | 12/04/2019 | 12/20/2019 | $0.51 |
| Dividend | 09/04/2019 | 09/20/2019 | $0.51 |
| Dividend | 06/05/2019 | 06/21/2019 | $0.51 |
| Dividend | 03/06/2019 | 03/22/2019 | $0.51 |
| Dividend | 11/28/2018 | 12/14/2018 | $0.47 |
| Dividend | 09/05/2018 | 09/21/2018 | $0.47 |
| Dividend | 06/06/2018 | 06/22/2018 | $0.47 |
| Dividend | 03/07/2018 | 03/23/2018 | $0.47 |
| Dividend | 11/29/2017 | 12/15/2017 | $0.43 |
| Dividend | 09/06/2017 | 09/22/2017 | $0.43 |
| Dividend | 06/06/2017 | 06/23/2017 | $0.43 |
| Dividend | 03/07/2017 | 03/24/2017 | $0.43 |
| Dividend | 11/29/2016 | 12/16/2016 | $0.41 |
About Waste Management
- Sector
- Transportation and utilities
Questions about WM
How much is WM today?
WM is at $201.92 (-0.98% on the day), last traded on 10/01/2026.
How much did WM pay in dividends in 2025?
WM paid $3.30 per share in 2025, a dividend yield of 1.50%.
What are the P/E and P/B of WM?
WM trades at a P/E of 28.29 and a P/B of 8.13.
How much did WM return in 12 months?
WM returned 2.92% in 12 months, with annualized volatility of 19.02% and a largest drawdown of -14.96%.