WM Waste Management PE ratio, current and historical analysis
As at Nov 21, 2024, the WM stock has a PE ratio of 33.67. This is based on the current EPS of $6.58 and the stock price of $221.53 per share. An increase of 2.5% has been recorded in the P/E ratio compared to the average of 32.8 of the last 4 quarters.
WM PE ratio history
The mean historical PE ratio of Waste Management over the last ten years is 27.52. The current 33.67 PE ratio is 22% above the historical average. In the past ten years, WM's PE ratio was at its highest in the Dec 2021 quarter at 38.63, with a price of $166.9 and an EPS of $4.32. The Jun 2018 quarter recorded the bottom point at 16.2, with a price of $81.34 and an EPS of $5.02.
Waste Management PE ratio by year
Maximum annual increase: 75.4% in 2015
Maximum annual decrease: -91.42% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 31.48 | 8.78% |
| 2022 | 28.94 | -25.08% |
| 2021 | 38.63 | 15.97% |
| 2020 | 33.31 | 14.86% |
| 2019 | 29 | 46.32% |
| 2018 | 19.82 | 1.95% |
| 2017 | 19.44 | -27.08% |
| 2016 | 26.66 | -17.08% |
| 2015 | 32.15 | 75.4% |
| 2014 | 18.33 | -91.42% |
WM average PE ratio chart
WM's current P/E ratio is above the 3, 5 and 10-year historical averages.
WM PE vs peers
Compared to its peers RSG and CWST, WM's PE ratio stands lower, however it is higher than CLH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CLH Clean Harbors Inc | 32.39 | $13.48B |
| WM Waste Management Inc | 33.67 | $88.91B |
| RSG Republic Services Inc | 34.25 | $67.03B |
| CWST Casella Waste Systems Inc | 1,012.09 | $7.05B |
| PESI Perma Fix Environmental Services Inc | N/A | $234.41M |
Frequently asked questions
What is Waste Management's PE ratio?
WM's price to earnings ratio is 33.67 as of Nov 21, 2024.
What is the 3-year average PE ratio for Waste Management (WM)?
The 3-year average PE ratio for WM stock is 31.7.
What is the 5-year average PE ratio for Waste Management (WM)?
The 5-year average PE ratio for WM stock is 31.69.
What is the highest PE ratio for WM?
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 38.63.
How does the current PE ratio for WM compare to its historical average?
WM's current price to earnings ratio is 22% above its 10-year historical average.
How is WM's PE ratio calculated (Waste Management PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Waste Management's stock price is $221.53. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $6.58. Therefore, Waste Management's P/E ratio for today is 33.67. PE RATIO(33.67) = STOCK PRICE($221.53) / TTM EPS($6.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.