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Waste Management WM Free cash flow margin

Free cash flow margin at other companies

Enviri logo
EnviriNVRI
-1.8%
Clean Harbors logo
Clean HarborsCLH
7.4%+0.9pp
Casella Waste Systems logo
Casella Waste SystemsCWST
5.5%-0.4pp
Republic Services logo
Republic ServicesRSG
15.5%+1.0pp
Waste Connections logo
Waste ConnectionsWCN
12.6%+0.3pp
Terex logo
TerexTEX
5.4%+1.5pp

Other financials

Income statement

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Revenue$6.7B+4.0%
Gross profit$2.7B+5.3%
Operating income$1.3B+8.9%
Net income$785.0M+8.1%
EPS (diluted)$1.95+8.3%

Balance sheet

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Cash & equivalents$557.0M+26.6%
Total debt$23.4B
Total equity$9.9B+7.9%
Total assets$46.4B+1.6%

Cash flow

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Operating cash flow$1.7B+11.7%
CapEx$630.0M-13.9%
Free cash flow$1.1B+34.8%

Valuation

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Market cap$90.56B-2.5%
Enterprise value$113.35B
P/E31.7×-2.4×
P/S3.5×-0.3×

Profitability

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Gross margin40.9%+1.2pp
Operating margin17.6%0.0pp
Net margin11.1%-0.2pp

Returns & leverage

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Return on equity29.8%-2.8pp
Debt / equity2.4×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Waste Management’s reported figures.

Based on trailing twelve months.

The source filing: Waste Management’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 12:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-088016

FAQ

What is Waste Management's free cash flow margin?
Waste Management (WM) reported free cash flow margin of 13.9% in Q2 2026.
How has Waste Management's free cash flow margin changed year-over-year?
Waste Management's free cash flow margin increased by 54.1% year-over-year, from 9% to 13.9%.
What is the long-term trend for Waste Management's free cash flow margin?
Over 5 years (2020 to 2025), Waste Management's free cash flow margin has grown at a -0.8% compound annual growth rate (CAGR), from 11.6% to 11.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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