Waste Management Financials

WM Stock  USD 228.46  1.01  0.44%   
Based on the key indicators related to Waste Management's liquidity, profitability, solvency, and operating efficiency, Waste Management is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Waste Management's Retained Earnings are very stable compared to the past year. As of the 28th of November 2024, Property Plant And Equipment Gross is likely to grow to about 41.8 B, while Other Current Liabilities is likely to drop about 956.8 M. Key indicators impacting Waste Management's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0640.1128
Way Down
Very volatile
Return On Assets0.03630.0702
Way Down
Pretty Stable
Return On Equity0.350.3338
Sufficiently Up
Very volatile
Debt Equity Ratio1.212.351
Way Down
Pretty Stable
Operating Income3.8 B3.6 B
Sufficiently Up
Slightly volatile
Current Ratio1.330.9001
Way Up
Slightly volatile
Investors should never underestimate Waste Management's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Waste Management's cash flow, debt, and profitability to make informed and accurate decisions about investing in Waste Management.

Cash And Equivalents

738.26 Million

  
Understanding current and past Waste Management Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Waste Management's financial statements are interrelated, with each one affecting the others. For example, an increase in Waste Management's assets may result in an increase in income on the income statement.

Waste Management Stock Summary

Waste Management competes with ABIVAX Société, Pinnacle Sherman, Morningstar Unconstrained, SPACE, and Malaga Financial. Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. Waste Management operates under Waste Management classification in the United States and is traded on New York Stock Exchange. It employs 48500 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS94106L1098
CUSIP94106L109 902917103
LocationTexas; U.S.A
Business Address800 Capitol Street,
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.wm.com
Phone713 512 6200
CurrencyUSD - US Dollar

Waste Management Key Financial Ratios

Waste Management Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets27.7B29.3B29.1B31.4B32.8B18.0B
Other Current Liab1.3B1.3B1.4B1.6B1.6B956.8M
Net Debt9.9B13.3B13.3B14.6B15.8B16.6B
Cash3.6B553M118M351M458M382.1M
Net Receivables2.3B2.6B2.5B2.8B2.9B1.6B
Total Liab20.7B21.9B22.0B24.5B25.9B13.2B
Total Current Assets6.2B3.5B3.1B3.6B3.8B2.5B
Short Term Debt218M551M708M414M334M484.6M
Intangible Assets521M1.0B898M827M759M963.3M
Retained Earnings10.6B11.2B12.0B13.2B14.3B15.1B
Other Current Assets329M239M270M284M303M290.8M
Accounts Payable1.1B1.1B1.4B1.8B1.7B995.7M
Other Liab3.7B3.9B5.1B5.2B5.8B3.0B
Other Assets681M1.6B1.7B1.9B2.2B2.4B
Long Term Debt13.3B12.9B12.7B14.6B15.9B10.5B
Good Will6.5B9.0B9.0B9.3B9.3B6.9B
Treasury Stock(8.4B)(8.6B)(8.9B)(10.1B)(9.1B)(8.6B)
Net Tangible Assets15M(2.6B)(2.8B)(3.3B)(3.0B)(2.8B)

Waste Management Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense411M425M365M378M500M276.7M
Total Revenue15.5B15.2B17.9B19.7B20.4B10.9B
Gross Profit6.0B5.9B6.8B7.4B7.8B4.1B
Operating Income2.7B2.4B3.0B3.4B3.6B3.8B
Ebit2.7B2.4B2.8B3.3B3.8B4.0B
Ebitda4.2B4.1B5.0B5.5B5.9B3.0B
Cost Of Revenue9.5B9.3B11.1B12.3B12.6B6.8B
Net Income1.7B1.5B1.8B2.2B2.3B2.4B
Income Tax Expense434M397M532M678M745M782.3M
Income Before Tax2.1B1.9B2.3B2.9B3.0B3.2B
Non Recurring6M9M8M1M900K855K
Tax Provision434M397M532M678M713M537.7M
Interest Income466M486M401M445M511.8M482.2M
Net Interest Income(411M)(425M)(365M)(378M)(481M)(505.1M)

Waste Management Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.5B(3.0B)(454M)251M107M112.4M
Free Cash Flow2.1B1.8B2.4B1.9B1.8B1.9B
Depreciation1.6B1.7B2.0B1.3B1.3B1.1B
Capital Expenditures1.8B1.6B1.9B2.6B2.9B3.0B
Net Income1.7B1.5B1.8B2.2B2.3B2.4B
End Period Cash Flow183M3.6B648M445M552M425.4M
Other Non Cash Items363M304M365M1.0B1.2B1.3B
Dividends Paid876M927M970M1.1B1.1B1.2B
Change To Inventory(243M)216M(234M)59M53.1M44.2M
Change Receivables(53M)(179M)28M(329M)(296.1M)(281.3M)
Net Borrowings3.1B(239M)(456M)1.4B1.6B1.6B
Change To Netincome338M363M396M179M205.9M211.4M
Investments(2.4B)(4.8B)(1.9B)(3.1B)(3.0B)(2.9B)

Waste Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Waste Management's current stock value. Our valuation model uses many indicators to compare Waste Management value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Waste Management competition to find correlations between indicators driving Waste Management's intrinsic value. More Info.
Waste Management is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about  0.23  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Waste Management is roughly  4.41 . At this time, Waste Management's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Waste Management by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Waste Management Systematic Risk

Waste Management's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Waste Management volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Waste Management correlated with the market. If Beta is less than 0 Waste Management generally moves in the opposite direction as compared to the market. If Waste Management Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Waste Management is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Waste Management is generally in the same direction as the market. If Beta > 1 Waste Management moves generally in the same direction as, but more than the movement of the benchmark.

Waste Management Thematic Clasifications

Waste Management is part of several thematic ideas from Management to Recycling. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Waste Management Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Waste Management's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Waste Management growth as a starting point in their analysis.

Price Earnings To Growth Ratio

6.63

At this time, Waste Management's Price Earnings To Growth Ratio is very stable compared to the past year.

Waste Management November 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Waste Management help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Waste Management. We use our internally-developed statistical techniques to arrive at the intrinsic value of Waste Management based on widely used predictive technical indicators. In general, we focus on analyzing Waste Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Waste Management's daily price indicators and compare them against related drivers.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.