waste management inc. - WM

WM

Close Chg Chg %
221.52 2.83 1.28%

Closed Market

224.35

+2.83 (1.28%)

Volume: 1.62M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: waste management inc. - WM

WM Key Data

Open

$222.84

Day Range

221.98 - 224.63

52 Week Range

168.88 - 226.79

Market Cap

$88.91B

Shares Outstanding

401.37M

Public Float

400.52M

Beta

0.75

Rev. Per Employee

N/A

P/E Ratio

33.84

EPS

$6.58

Yield

133.17%

Dividend

$0.75

EX-DIVIDEND DATE

Dec 6, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

1.52M

 

WM Performance

1 Week
 
1.67%
 
1 Month
 
7.12%
 
3 Months
 
5.50%
 
1 Year
 
28.79%
 
5 Years
 
99.99%
 

WM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About waste management inc. - WM

Waste Management, Inc. is a holding company, which engages in the provision of waste management environmental services. It operates through the following segments: Collection and Disposal-East Tier (East Tier), Collection and Disposal-West Tier (West Tier), Recycling Processing and Sales, WM Renewable Energy, and Corporate and Other. The East Tier segment includes the Eastern United States, the Great Lakes Region, and Canada. The West Tier segment refers to the upper Midwest region and British Columbia, Canada. The Recycling Processing and Sales segment focuses on the processing and sales of materials collected from residential, commercial, and industrial customers. The WM Renewable Energy segment develops, operates, and promotes projects for landfill gas use. The Corporate and Other segment relates to its corporate office activities. The company was founded on September 30, 1987 and is headquartered in Houston, TX.

WM At a Glance

Waste Management, Inc.
800 Capitol Street
Houston, Texas 77002-2925
Phone 1-713-512-6200 Revenue 20.43B
Industry Environmental Services Net Income 2.30B
Sector Industrial Services 2023 Sales Growth 3.696%
Fiscal Year-end 12 / 2024 Employees 48,000
View SEC Filings

WM Valuation

P/E Current 33.843
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 31.63
Price to Sales Ratio 3.568
Price to Book Ratio 10.416
Price to Cash Flow Ratio 15.443
Enterprise Value to EBITDA 14.799
Enterprise Value to Sales 4.364
Total Debt to Enterprise Value 0.188

WM Efficiency

Revenue/Employee 425,541.667
Income Per Employee 48,000.00
Receivables Turnover 7.117
Total Asset Turnover 0.628

WM Liquidity

Current Ratio 0.90
Quick Ratio 0.859
Cash Ratio 0.111

WM Profitability

Gross Margin 28.146
Operating Margin 18.716
Pretax Margin 14.79
Net Margin 11.28
Return on Assets 7.08
Return on Equity 33.508
Return on Total Capital 9.742
Return on Invested Capital 10.211

WM Capital Structure

Total Debt to Total Equity 242.605
Total Debt to Total Capital 70.812
Total Debt to Total Assets 50.374
Long-Term Debt to Equity 236.81
Long-Term Debt to Total Capital 69.121
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Waste Management Inc. - WM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
15.22B 17.93B 19.70B 20.43B
Sales Growth
-1.53% +17.83% +9.85% +3.70%
Cost of Goods Sold (COGS) incl D&A
11.01B 13.11B 14.33B 14.68B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.77B 2.11B 2.15B 2.20B
Depreciation
1.67B 1.97B 2.02B 2.07B
Amortization of Intangibles
107.00M 143.00M 129.00M 129.00M
COGS Growth
-0.52% +19.05% +9.32% +2.41%
Gross Income
4.21B 4.82B 5.37B 5.75B
Gross Income Growth
-4.08% +14.62% +11.30% +7.14%
Gross Profit Margin
+27.64% +26.89% +27.24% +28.15%
2020 2021 2022 2023 5-year trend
SG&A Expense
1.73B 1.81B 1.93B 1.93B
Research & Development
- - - -
-
Other SG&A
1.73B 1.81B 1.93B 1.93B
SGA Growth
+5.95% +4.92% +6.34% -0.10%
Other Operating Expense
- - - -
-
Unusual Expense
62.00M 307.00M 78.00M 248.00M
EBIT after Unusual Expense
2.42B 2.70B 3.36B 3.58B
Non Operating Income/Expense
(98.00M) 13.00M (64.00M) (54.00M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
(68.00M) (36.00M) (67.00M) (60.00M)
Interest Expense
425.00M 365.00M 378.00M 500.00M
Interest Expense Growth
+3.41% -14.12% +3.56% +32.28%
Gross Interest Expense
441.00M 378.00M 407.00M 563.00M
Interest Capitalized
16.00M 13.00M 29.00M 63.00M
Pretax Income
1.89B 2.35B 2.92B 3.02B
Pretax Income Growth
-10.07% +24.09% +24.22% +3.53%
Pretax Margin
+12.44% +13.10% +14.81% +14.79%
Income Tax
397.00M 532.00M 678.00M 745.00M
Income Tax - Current - Domestic
205.00M 568.00M 586.00M 628.00M
Income Tax - Current - Foreign
27.00M 41.00M 43.00M 34.00M
Income Tax - Deferred - Domestic
159.00M (77.00M) 50.00M 75.00M
Income Tax - Deferred - Foreign
- 6.00M (1.00M) 8.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(68.00M) (36.00M) (67.00M) (60.00M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.50B 1.82B 2.24B 2.28B
Minority Interest Expense
- 1.00M 2.00M (28.00M)
Net Income
1.50B 1.82B 2.24B 2.30B
Net Income Growth
-10.42% +21.39% +23.24% +2.95%
Net Margin Growth
+9.83% +10.13% +11.36% +11.28%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.50B 1.82B 2.24B 2.30B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.50B 1.82B 2.24B 2.30B
EPS (Basic)
3.5366 4.3197 5.4215 5.6903
EPS (Basic) Growth
-10.08% +22.14% +25.51% +4.96%
Basic Shares Outstanding
423.00M 420.40M 412.80M 404.90M
EPS (Diluted)
3.5192 4.2942 5.3928 5.6623
EPS (Diluted) Growth
-9.91% +22.02% +25.58% +5.00%
Diluted Shares Outstanding
425.10M 422.90M 415.00M 406.90M
EBITDA
4.25B 5.12B 5.59B 6.02B
EBITDA Growth
-3.93% +20.37% +9.18% +7.80%
EBITDA Margin
+27.94% +28.54% +28.37% +29.49%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 233.00
Number of Ratings 24 Current Quarters Estimate 1.821
FY Report Date 12 / 2024 Current Year's Estimate 7.334
Last Quarter’s Earnings 1.96 Median PE on CY Estimate N/A
Year Ago Earnings 6.19 Next Fiscal Year Estimate 8.048
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 15 21 22
Mean Estimate 1.82 1.83 7.33 8.05
High Estimates 1.92 1.98 7.45 8.85
Low Estimate 1.72 1.54 7.15 7.30
Coefficient of Variance 3.56 5.97 1.18 4.16

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 9
OVERWEIGHT 2 2 2
HOLD 11 12 11
UNDERWEIGHT 1 0 1
SELL 0 1 0
MEAN Overweight Overweight Overweight

Insider Actions for Waste Management Inc. - WM

Date Name Shares Transaction Value
Nov 6, 2024 Maryrose T. Sylvester Director 3,875 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $215.47 per share 834,946.25
Jul 18, 2024 Victoria M. Holt Director 21,891 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 4,707,878.46
Jul 17, 2024 Kathleen M. Mazzarella Director 15,225 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 3,274,288.50
Jul 17, 2024 Thomas L. Bené Director 997 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 214,414.82
Jul 17, 2024 Andrés Ricardo Gluski Weilert Director 16,393 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 3,525,478.58
Jul 17, 2024 Sean E. Menke Director 4,185 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 900,026.10
Jul 17, 2024 Bruce E. Chinn Director 1,739 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 373,989.34
Jul 17, 2024 Michael J. Watson Sr. VP-Chief Customer Officer 44,144 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $220 per share 9,711,680.00
Jul 17, 2024 William B. Plummer Director 2,041 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $215.06 per share 438,937.46
Jun 11, 2024 Michael J. Watson Sr. VP-Chief Customer Officer 45,644 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $204.07 per share 9,314,571.08
Mar 6, 2024 Tara J. Hemmer SVP & Chief Sustainability Off 9,302 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 John Carroll VP & Chief Accounting Officer 8,130 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Kelly Rooney SVP Chief People Officer 6,977 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Devina A. Rankin EVP & CFO 10,698 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Donald J Smith Sr. VP - Operations 9,302 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 John Carroll VP & Chief Accounting Officer 1,860 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 James C. Fish Pres, Chief Executive Officer 45,349 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 John J. Morris EVP & Chief Operation Officer 13,721 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Charles C. Boettcher EVP, Corp Development & CLO 7,907 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 6, 2024 Rafael Carrasco SVP of Enterprise Strategy 9,302 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Waste Management Inc. in the News