Waste Management, Inc. engages in the provision of waste management environmental services. It operates through the following segments: Tier 1, Tier 2 and Tier 3. The Tier 1 segment comprises of areas in the Southern United States. The Tier 2 segment comprises of areas located in the Midwest and Northeast United States. The Tier 3 segment comprises all remaining areas, including the Northwest and Mid-Atlantic regions of the United States and Eastern Canada. The company was founded on September 30, 1987 and is headquartered in Houston, TX.
Highlights
The equity has grown by 7% YoY and by 2.2% from the previous quarter
WM's debt is down by 4.9% since the previous quarter
The company's quick ratio has shrunk by 52% QoQ and by 48% YoY
The stock's P/E is 22% above its 5-year quarterly average of 24.1 and 9% above its last 4 quarters average of 27.0
Key stats
What are the main financial stats of WM
Market
Shares outstanding
422.46M
Market cap
$47.14B
Enterprise value
$56.89B
Valuations
Price to earnings (P/E)
29.37
Price to book (P/B)
6.83
Price to sales (P/S)
3.12
EV/EBIT
23.49
EV/EBITDA
14.09
EV/Sales
3.77
Earnings
Revenue
$15.1B
EBIT
$2.42B
EBITDA
$4.04B
Free cash flow
$1.93B
Per share
EPS
$3.8
Free cash flow per share
$4.58
Book value per share
$16.33
Revenue per share
$35.79
TBVPS
$46.53
Balance sheet
Total assets
$26.62B
Total liabilities
$19.73B
Debt
$12.79B
Equity
$6.89B
Working capital
-$666M
Liquidity
Debt to equity
1.86
Current ratio
0.88
Quick ratio
0.89
Net debt/EBITDA
2.41
Margins
EBITDA margin
26.7%
Gross margin
38.7%
Net margin
10.7%
Operating margin
16.5%
Efficiency
Return on assets
5.9%
Return on equity
23.4%
Return on invested capital
9.2%
Return on capital employed
11.6%
Return on sales
16%
Dividend
Dividend yield
1.9%
DPS
$2.12
Payout ratio
55.7%
WM stock price
How has the Waste Management stock price performed over time
Financial performance
How have Waste Management's revenue and profit performed over time
Revenue
$15.1B
Gross profit
$5.84B
Operating income
$2.49B
Net income
$1.61B
Gross margin
38.7%
Net margin
10.7%
The operating income has decreased by 11% YoY and by 6% from the previous quarter
Waste Management's operating margin has decreased by 9% YoY and by 4.1% from the previous quarter
Waste Management's net income has decreased by 8% YoY and by 4.4% from the previous quarter
WM's net margin is down by 7% year-on-year
Valuation
What is Waste Management stock price valuation
P/E
29.37
P/B
6.83
P/S
3.12
EV/EBIT
23.49
EV/EBITDA
14.09
EV/Sales
3.77
The stock's P/E is 22% above its 5-year quarterly average of 24.1 and 9% above its last 4 quarters average of 27.0
The company's EPS fell by 8% YoY and by 4.3% QoQ
The stock's price to book (P/B) is 14% more than its 5-year quarterly average of 6.0 and 3.5% more than its last 4 quarters average of 6.6
The equity has grown by 7% YoY and by 2.2% from the previous quarter
WM's P/S is 25% above its 5-year quarterly average of 2.5 and 8% above its last 4 quarters average of 2.9
Waste Management's revenue has decreased by 2.5% from the previous quarter
Efficiency
How efficient is Waste Management business performance
WM's return on assets is down by 20% year-on-year and by 4.8% since the previous quarter
The ROIC has contracted by 18% YoY
Waste Management's return on equity has decreased by 16% YoY and by 6% QoQ
The company's return on sales fell by 6% YoY
Dividends
What is WM's dividend history
DPS
$2.12
Dividend yield
1.9%
Payout ratio
55.7%
Recent dividends
Financial health
How did Waste Management financials performed over time
Waste Management's total assets is 35% higher than its total liabilities
The company's current ratio has shrunk by 52% QoQ and by 48% YoY
The company's quick ratio has shrunk by 52% QoQ and by 48% YoY
WM's debt is 86% greater than its equity
The equity has grown by 7% YoY and by 2.2% from the previous quarter
Waste Management's debt to equity has decreased by 7% QoQ and by 6% YoY
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.