Waste Return On Assets from 2010 to 2024

WM Stock  USD 228.46  1.01  0.44%   
Waste Management Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to drop to 0.04. Return On Assets is a profitability ratio that indicates the percentage of profit Waste Management earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.07019468
Current Value
0.0363
Quarterly Volatility
0.04119437
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Waste Management financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waste Management's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 276.7 M or Total Revenue of 10.9 B, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0158 or PTB Ratio of 11.03. Waste financial statements analysis is a perfect complement when working with Waste Management Valuation or Volatility modules.
  
Check out the analysis of Waste Management Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Latest Waste Management's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Waste Management over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Waste Management's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waste Management's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Waste Return On Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation64.86
Mean Deviation0.03
Median0.06
Standard Deviation0.04
Sample Variance0
Range0.1861
R-Value(0.18)
Mean Square Error0
R-Squared0.03
Significance0.53
Slope(0)
Total Sum of Squares0.02

Waste Return On Assets History

2024 0.0363
2023 0.0702
2022 0.0713
2021 0.0624
2020 0.051
2019 0.0602
2018 0.085

About Waste Management Financial Statements

Waste Management investors utilize fundamental indicators, such as Return On Assets, to predict how Waste Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.07  0.04 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out the analysis of Waste Management Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
2.95
Earnings Share
6.55
Revenue Per Share
53.245
Quarterly Revenue Growth
0.079
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.