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Waste Management WM Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin40.9%+1.2pp40.7%+1.3pp40.4%+1.1pp40%+0.7pp39.7%+0.6pp
Operating margin17.6%0.0pp17.3%-0.4pp17.1%-1.3pp16.4%-1.9pp17.5%-0.7pp
Net margin11.1%-0.2pp11%-0.7pp10.7%-1.7pp10.3%-2.0pp11.4%-0.8pp
Returns
Return on equity29.8%-2.8pp29.9%-4.1pp29.7%-6.5pp29.3%-6.1pp32.7%-2.7pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Liquidity
Current ratio0.9×+0.1×0.9×+0.1×0.9×+0.1×0.8×0.0×0.9×-0.2×
Leverage
Debt-to-equity2.4×2.5×+2.3×
Net debt / EBITDA3.4×+3.2×
Valuation
Market capitalization$90.56B-2.5%$92.68B-0.4%$88.51B+9.3%$88.96B+6.8%$94.22B+9.9%
Price / earnings31.7×-2.4×33.2×-1.6×32.7×+3.2×34.7×+3.1×34.6×+0.9×
Price / sales3.5×-0.3×3.6×-0.4×3.5×-0.2×3.6×-0.3×3.9×-0.2×
Price / book9.1×-1.0×9.2×-1.5×8.9×-1.0×9.3×-1.1×10.2×-1.3×
EV / EBITDA15.1×15.7×+2.8×
Dividend yield1.6%+0.2pp1.5%+0.2pp1.5%0.0pp1.5%0.0pp1.3%0.0pp

FAQ

What are Waste Management's profit margins?
Waste Management (WM) runs a 40.9% gross margin and a 17.6% operating margin, with a 11.1% net margin.
Where do Waste Management's ratios come from?
Every ratio is computed from Waste Management's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.