Waste Management Financial Ratios
NYSE: WMUtilitiesEnvironmental ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Waste Management ratio analysis
Waste Management earned a net margin of 10.7% in FY 2025, down from 12.4% a year earlier. Gross margin was 40.4% compared with a median of 38.0% over the prior 9 years. Return on equity reached 27.1%, meaning Waste Management generated 0.27 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 2.29 versus 2.90 the year before, and the current ratio was 0.89. At the end of FY 2025, WM traded at 32.6 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 19.6 to 38.9, with a median of 29.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Waste Management financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 32.60 | 29.61 | 31.64 | 29.11 | 38.90 | 33.50 | 29.50 | 20.41 | 19.57 | 26.76 |
| Price / sales | 3.49 | 3.67 | 3.55 | 3.29 | 3.91 | 3.28 | 3.17 | 2.61 | 2.61 | 2.31 |
| Price / book | 8.80 | 9.81 | 10.51 | 9.46 | 9.85 | 6.69 | 6.93 | 6.21 | 6.29 | 5.94 |
| Gross margin | 40.4% | 39.3% | 38.3% | 37.6% | 38.0% | 38.6% | 38.6% | 38.0% | 37.7% | 37.6% |
| Operating margin | 17.1% | 18.4% | 17.5% | 17.1% | 16.5% | 16.0% | 17.5% | 18.7% | 18.2% | 16.9% |
| Net margin | 10.7% | 12.4% | 11.3% | 11.4% | 10.1% | 9.8% | 10.8% | 12.9% | 13.5% | 8.7% |
| Free cash flow margin | 11.2% | 9.8% | 8.9% | 8.8% | 12.8% | 11.9% | 13.3% | 12.7% | 11.1% | 12.2% |
| Return on equity (ROE) | 27.1% | 33.3% | 33.4% | 32.7% | 25.5% | 20.1% | 23.6% | 30.7% | 32.4% | 22.3% |
| Return on assets (ROA) | 5.9% | 6.2% | 7.0% | 7.1% | 6.2% | 5.1% | 6.0% | 8.5% | 8.9% | 5.7% |
| Debt / equity | 2.29 | 2.90 | 2.35 | 2.19 | 1.88 | 1.85 | 1.91 | 1.60 | 1.58 | 1.76 |
| Current ratio | 0.89 | 0.76 | 0.90 | 0.81 | 0.75 | 1.00 | 1.97 | 0.85 | 0.83 | 0.85 |
| Revenue growth | 14.2% | 8.0% | 3.7% | 9.9% | 17.8% | -1.5% | 3.6% | 3.0% | 6.4% | 5.0% |
| EPS growth | -1.6% | 20.3% | 5.0% | 25.6% | 21.9% | -10.0% | -12.1% | 0.9% | 66.4% | 60.6% |