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Waste Management WM Current ratio

Current ratio at other companies

Republic Services logo
Republic ServicesRSG
0.7×0.0×
Waste Connections logo
Waste ConnectionsWCN
0.7×0.0×
EMCOR Group logo
EMCOR GroupEME
1.3×+0.1×
Steel Dynamics logo
Steel DynamicsSTLD
3.1×+0.4×
Medline, Inc.
 logo
Medline, Inc. MDLN
4.4×
Valero Energy logo
Valero EnergyVLO
1.6×0.0×

Other financials

Income statement

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Revenue$6.2B+3.5%
Gross profit$2.5B+5.3%
Operating income$1.1B+9.9%
Net income$723.0M+13.5%
EPS (diluted)$1.79+13.3%

Balance sheet

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Cash & equivalents$158.0M-26.9%
Total equity$10.0B+15.9%
Total assets$45.7B+2.7%

Cash flow

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Operating cash flow$1.5B+24.3%
CapEx$650.0M-21.8%
Free cash flow$851.0M+126%

Valuation

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Market cap$86.68B-0.4%
P/E31×-1.5×
P/S3.4×-0.4×

Profitability

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Gross margin40.7%+1.2pp
Operating margin17.3%-0.4pp
Net margin11%-0.7pp

Returns & leverage

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Return on equity29.9%-4.1pp
Debt / equity0.2×0.0×

Where this comes from

Calculated from Waste Management’s reported figures.

Based on the most recent quarter.

The official record: Waste Management’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Management's current ratio?
Waste Management (WM) reported current ratio of 0.9× in Q1 2026.
How has Waste Management's current ratio changed year-over-year?
Waste Management's current ratio increased by 12.1% year-over-year, from 0.8× to 0.9×.
What is the long-term trend for Waste Management's current ratio?
Over 4 years (2021 to 2025), Waste Management's current ratio has grown at a 0.0% compound annual growth rate (CAGR), from 3.4× to 3.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.