What is Waste Management's net debt?

Waste Management (WM) reported net debt of $22.8B in Q2 2026.

What is the long-term trend for Waste Management's net debt?

Over 5 years (2020 to 2025), Waste Management's net debt has grown at a 136.7% compound annual growth rate (CAGR), from $327M to $24.28B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Waste Management (WM) Net debt — Quarterly & Annual

Screener

Discontinued — last reported Q2 '26

Net debt at other companies

Cloudflare, Inc.NET

-5×-5.4×

ZscalerZS

19.2×+12.3×

CitigroupC

0.1×-0.3×

Morgan StanleyMS

3×-0.2×

Wells Fargo & CompanyWFC

0.6×-1.3×

American ExpressAXP

0.3×+0.3×

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

See full

Cash & equivalents$557.0M+26.6%

Total debt$23.4B—

Total equity$9.9B+7.9%

Total assets$46.4B+1.6%

Cash flow

See full

Operating cash flow$1.7B+11.7%

CapEx$630.0M-13.9%

Free cash flow$1.1B+34.8%

Valuation

See full

Market cap$90.56B-2.5%

Enterprise value$113.35B—

P/E31.7×-2.4×

P/S3.5×-0.3×

Profitability

See full

Gross margin40.9%+1.2pp

Operating margin17.6%0.0pp

Net margin11.1%-0.2pp

FCF margin13.9%+4.9pp

Returns & leverage

See full

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.

$23.4Btotal debt−$557.0Mcash and equivalents=$22.8B

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 net debt?: Waste Management (WM) reported net debt of $22.8B in Q2 2026.
What is the long-term trend for Waste Management's net debt?: Over 5 years (2020 to 2025), Waste Management's net debt has grown at a 136.7% compound annual growth rate (CAGR), from $327M to $24.28B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

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Waste Management WM Net debt

Net debt at other companies

Other financials

Income statement

Balance sheet

Cash flow

Valuation

Profitability

Returns & leverage

Where this comes from

FAQ

Ask your AI about Waste Management's net debt.