WM
Waste Management
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: WM
- PE Ratio
As at Jun 9, 2026, the WM stock has a PE ratio of 31.93. This is based on the current EPS of $6.93 and the stock price of $221.3 per share. A decrease of 4.9% has been recorded in the P/E ratio compared to the average of 33.6 of the last 4 quarters.
WM PE ratio history
The mean historical PE ratio of Waste Management over the last ten years is 28.91. The current 31.93 PE ratio is 10% 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: 1,014.61% in 2013
Maximum annual decrease: -91.42% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 32.69 | 10.81% | $219.71 | $6.72 |
| 2024 | 29.5 | -6.29% | $201.79 | $6.84 |
| 2023 | 31.48 | 8.78% | $179.1 | $5.69 |
| 2022 | 28.94 | -25.08% | $156.88 | $5.42 |
| 2021 | 38.63 | 15.97% | $166.9 | $4.32 |
| 2020 | 33.31 | 14.86% | $117.93 | $3.54 |
| 2019 | 29 | 46.32% | $113.96 | $3.93 |
| 2018 | 19.82 | 1.95% | $88.99 | $4.49 |
| 2017 | 19.44 | -27.08% | $86.3 | $4.44 |
| 2016 | 26.66 | -17.08% | $70.91 | $2.66 |
| 2015 | 32.15 | 75.4% | $53.37 | $1.66 |
| 2014 | 18.33 | -91.42% | $51.32 | $2.8 |
| 2013 | 213.67 | 1,014.61% | $44.87 | $0.21 |
| 2012 | 19.17 | 20.11% | $33.74 | $1.76 |
| 2011 | 15.96 | -14.29% | $32.71 | $2.05 |
Waste Management PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 33.16 | 1.44% | $229.79 | $6.93 |
| Dec 2025 | 32.69 | -5.71% | $219.71 | $6.72 |
| Sep 2025 | 34.67 | 2.42% | $220.83 | $6.37 |
| Jun 2025 | 33.85 | -2.62% | $228.82 | $6.76 |
| Mar 2025 | 34.76 | 17.83% | $231.51 | $6.66 |
| Dec 2024 | 29.5 | -6.5% | $201.79 | $6.84 |
| Sep 2024 | 31.55 | -6.38% | $207.6 | $6.58 |
| Jun 2024 | 33.7 | -2.77% | $213.34 | $6.33 |
| Mar 2024 | 34.66 | 10.1% | $213.15 | $6.15 |
| Dec 2023 | 31.48 | 17.51% | $179.1 | $5.69 |
| Sep 2023 | 26.79 | -13.5% | $152.44 | $5.69 |
| Jun 2023 | 30.97 | 4.38% | $173.42 | $5.6 |
| Mar 2023 | 29.67 | 2.52% | $163.17 | $5.5 |
| Dec 2022 | 28.94 | -2.1% | $156.88 | $5.42 |
| Sep 2022 | 29.56 | -0.47% | $160.21 | $5.42 |
WM Price vs fair value
WM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
WM's current P/E ratio is above the 10-year historical average, but it is lower than the 3 and 5-year averages.
PE comparison
Waste Management's P/E of 31.93 is above the Industrials sector and the industry average. Compared to its Industrials sector average of 29.87, Waste Management's P/E is 7% higher.
WM PE vs peers
Compared to its peers CLH and CWST, WM's PE ratio stands lower, however it is higher than RSG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RSG Republic Services Inc | 30.11 | $64.66B |
| WM Waste Management Inc | 31.93 | $88.87B |
| CLH Clean Harbors Inc | 38.76 | $15.22B |
| CWST Casella Waste Systems Inc | 798.27 | $5.59B |
| PESI Perma Fix Environmental Services Inc | N/A | $183.23M |
Frequently asked questions
What is Waste Management's PE ratio?
WM's price to earnings ratio is 31.93 as of Jun 9, 2026.
What is the 3-year average PE ratio for Waste Management (WM)?
The 3-year average PE ratio for WM stock is 32.32.
What is the 5-year average PE ratio for Waste Management (WM)?
The 5-year average PE ratio for WM stock is 32.6.
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 10% 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 (Jun 9, 2026), Waste Management's stock price is $221.3. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $6.93. Therefore, Waste Management's P/E ratio for today is 31.93. PE RATIO(31.93) = STOCK PRICE($221.3) / TTM EPS($6.93)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.