Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Waste Management Inc

WM · NYSE · Industrial

Fundamental quality

ATTRACTIVE

75

out of 100

Waste Management Inc earns a fundamental-quality score of 75 out of 100, profiling it as a company with solid fundamentals. Its score rests mainly on its profitability (net margin 11.1%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Waste Management is North America's largest waste company: it collects, recycles and landfills the trash of millions of homes and businesses. It owns the continent's largest landfill network, an asset nearly impossible to replicate given the permits required.

What will shape its future

  • Its pricing power: contracts rise with inflation and trash is generated in any economic cycle.
  • Its landfills, a formidable entry barrier no competitor can build anymore.
  • Its investments in recycling and in capturing landfill gas to sell as renewable energy.

Breakdown by area

I.Growth
65

EPS growth: 13.5% · Revenue growth: 10%

II.Profitability
80

Net margin: 11.1% · ROE: 28.7% · ROIC: 10.9%

III.Financial health
68

Net debt/EBITDA: 3.06x · FCF: 13.9%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +4 for dividend strength: 18 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength, and here its pillars hold up evenly.

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 58%
ROEbeats 72%
Growthbeats 60%
Cash generationbeats 69%
Less debtbeats 26%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Waste Management Inc strengths

  • Outstanding return on equity (ROE of 28.7%): it puts shareholder capital to good use.
  • Strong free-cash-flow generation (FCF margin of 13.9%): profit turns into real cash.
  • Revenue rising without interruption since 2020.
  • Growing earnings per share (13.5% annualized).

Waste Management Inc risks and weaknesses

  • Its net debt has grown over the period.

Waste Management Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
202015,2181,4961,81813,257
202117,9311,8162,29913,287
202219,6982,2381,72714,633
202320,4262,3041,82415,771
202422,0632,7462,15923,486
202525,2042,7082,81622,706

Between 2020 and 2025, revenue went from $15,218M to $25,204M (+66%) and net income went from $1,496M to $2,708M (+81%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+3.7%
  • Net income+10.6%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • FCF margin12.9%13.9%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$3.3

per share, yearly

49.3% of earnings

Payout

at least 18 straight years raising it

Growth

That is what we can verify in the SEC filings, whose structured data only starts in 2008 and which many companies begin tagging later. The real streak may be considerably longer.

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Waste Management Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Waste Management Inc a good company to invest in?

In terms of business quality, Waste Management Inc scores 75 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Waste Management Inc a profitable company?

Yes. Waste Management Inc shows a net margin of 11.1% and an ROE of 28.7%, a sign of a profitable business.

Does Waste Management Inc have a lot of debt?

Yes, its leverage is high: net debt is 3.06 times its EBITDA, and it has been rising.

Is Waste Management Inc growing?

Its revenue has grown 10% annualized in recent years and its earnings per share 13.5%, and without interruption since 2020.

Does Waste Management Inc generate cash?

Yes. It converts about 13.9% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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