Waste Management, Inc. is an American waste management, comprehensive waste, and environmental services company in North America. Founded in 1968, the company is headquartered 800 Capitol in Houston, Texas.
| Revenue (TTM) | $26.07B |
| Gross Profit (TTM) | $10.53B |
| EBITDA | $7.89B |
| Operating Margin | 19.10% |
| Return on Equity | 31.70% |
| Return on Assets | 6.69% |
| Revenue/Share (TTM) | $64.91 |
| Book Value | $24.81 |
| Price-to-Book | 9.72 |
| Price-to-Sales (TTM) | 3.60 |
| EV/Revenue | 4.567 |
| EV/EBITDA | 15.33 |
| Quarterly Earnings Growth (YoY) | 37.60% |
| Quarterly Revenue Growth (YoY) | 6.30% |
| Shares Outstanding | $397.63M |
| Float | $396.45M |
| % Insiders | 0.25% |
| % Institutions | 86.43% |
Volatility is currently expanding
Two garbage giants just surged about 17% in a month, and both ask income investors to pay up. Yield, cash coverage, and valuation point in different directions, so which one actually rewards a retiree's patience?
Waste Management is rated Buy, driven by a turnaround in Healthcare Solutions, strong core pricing, and operational efficiency. WM's recycling automation and renewable natural gas investments are nearing completion, supporting future earnings and free cash flow growth. The stock trades at a discount to peers and its historical average, with potential for multiple re-rating as performance improves.
The garbage professionals were in prime time last week, and no, we don't mean the Eagles and Cowboys on Monday Night Football. Republic Services Inc. NYSE: RSG and Waste Management Inc. NYSE: WM are the two largest waste and recycling services firms in North America, and both reported earnings in the final days of October.
Investors interested in Waste Removal Services stocks are likely familiar with Veolia Environnement SA (VEOEY) and Waste Management (WM). But which of these two stocks presents investors with the better value opportunity right now?
Higher fuel and insurance claims costs trimmed WM's margin and left adjusted earnings a few cents short of estimates. Free cash flow rose 20% in the quarter and covered the dividend about 2.6 times over nine months.
Waste Management has raised its dividend every year since 2009, and the cash keeps flowing in, but a quiet volume problem is building beneath the surface that could force a reckoning for income investors counting on decades more of raises.
WM's healthcare EBITDA increases 33% and nine-month free cash flow jumps more than 42%, but slowing waste volumes and fuel costs test margins as 2026 guidance holds.
Waste Management NYSE: WM reported third-quarter results that management said kept the company on track to meet its 2026 outlook, with revenue and free cash flow expected to finish at the high end of their respective guidance ranges. The company also announced that Chief Executive Officer Jim Fish will retire in early January after 10 years in the role, with President John Morris set to succeed him.
Waste Management expects full-year revenue and free cash flow at the high ends of guidance. Healthcare segment operating EBITDA grew 33% year over year in the third quarter.
Waste Management, Inc. ( WM ) Q3 2026 Earnings Call October 28, 2026 10:00 AM EDT Company Participants Edward Egl - Director of Investor Relations James Fish - CEO & Director John Morris - President David Reed - CFO & Executive VP Tara Hemmer - Executive VP & COO Conference Call Participants Patrick Brown - Raymond James & Associates, Inc., Research Division Jerry Revich - Wells Fargo Securities, LLC, Research Division Toni Kaplan - Morgan Stanley, Research Division Tami Zakaria - JPMorgan Chase & Co, Research Division Faiza Alwy - Deutsche Bank AG, Research Division Bryan Burgmeier - Citigroup Inc., Research Division Konark Gupta - Scotiabank Global Banking and Markets, Research Division Seth Weber - BNP Paribas, Research Division Noah Kaye - Oppenheimer & Co. Inc., Research Division Sabahat Khan - RBC Capital Markets, Research Division Kevin Chiang - CIBC Capital Markets, Research Division Trevor Romeo Adam Bubes - Goldman Sachs Group, Inc., Research Division William Grippin - Barclays Bank PLC, Research Division James Schumm - TD Cowen, Research Division Stephanie Benjamin Moore - Jefferies LLC, Research Division Tobey Sommer - Truist Securities, Inc., Research Division Shlomo Rosenbaum - Stifel, Nicolaus & Company, Incorporated, Research Division Presentation Operator Good day, and thank you for standing by. Welcome to the WM Third Quarter Earnings Conference Call.
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