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EV / EBITDA at other companies

Republic Services logo
Republic ServicesRSG
13.1×-2.1×
Waste Connections logo
Waste ConnectionsWCN
17.3×
EMCOR Group logo
EMCOR GroupEME
16.3×+5.5×
Steel Dynamics logo
Steel DynamicsSTLD
12.8×+1.7×
Valero Energy logo
Valero EnergyVLO
13.6×-25.6×
Smurfit Kappa Group logo
Smurfit Kappa GroupSW
8.7×-3.6×

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×
Current ratio0.9×+0.1×

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 EV / EBITDA?
Waste Management (WM) reported EV / EBITDA of 12.5× in Q4 2025.
How has Waste Management's EV / EBITDA changed year-over-year?
Waste Management's EV / EBITDA decreased by 3.8% year-over-year, from 13× to 12.5×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.