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WM Stock Chart & Stats
$238.75
$1.48(0.62%)
At close: 4:00 PM EDT
$238.75
$1.48(0.62%)
Day’s Range― - ―
52-Week Range$194.11 - $248.13
Previous CloseN/A
Volume1.30M
Average Volume (3M)2.06M
Market Cap
$90.56B
Enterprise Value$112.48K
Total Cash (Recent Filing)$557.00M
Total Debt (Recent Filing)$23.36B
Price to Earnings (P/E)32.0
Beta>-0.01
Next Earnings
Oct 27, 2026EPS Estimate
2.18Next Dividend Ex-DateN/A
Dividend Yield1.56%
Share Statistics
EPS (TTM)7.09
Shares Outstanding399,715,180
10 Day Avg. Volume1,604,116
30 Day Avg. Volume2,058,475
Financial Highlights & Ratios
PEG Ratio-18.64
Price to Book (P/B)8.86
Price to Sales (P/S)3.51
P/FCF Ratio31.42
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$258.60Price Target Upside8.31% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)8.12
Revenue Forecast (FY)$26.41B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationWM shows durable cash generation with operating cash flow rising to ~$6.5B TTM and free cash flow near ~$3.6B TTM (H1 FCF +56%). This persistent cash conversion funds dividends, buybacks, tuck‑ins and capex, supports debt paydown and enables multi‑year reinvestment without relying on external financing.
Margin Expansion & ProductivityManagement reported structurally higher margins from pricing, tech and mix: Q2 EBITDA margin +40bps, SmartTruck delivering >$300M run‑rate EBITDA and recycling/RNG EBITDA up ~33%. Combined tech, routing and recycling gains imply sustainable unit‑cost reductions and recurring margin uplift over coming quarters.
Infrastructure Moat & Recurring ContractsOwnership of fleets, transfer stations and landfills plus long‑term municipal/commercial contracts creates a durable moat. Owned disposal capacity internalizes costs, supports tipping fees and route density benefits that underpin steady revenue streams and pricing power across economic cycles.
Bears Say
Elevated Leverage & Reporting InconsistencyAnnual balance sheets show material leverage (~1.9x–2.9x 2021–2025) that constrains flexibility in a downturn and increases interest‑rate sensitivity. A conflicting TTM leverage reading (~0.11x) requires reconciliation before concluding leverage has structurally improved, leaving balance‑sheet risk unresolved.
TTM Margin CompressionTrailing‑twelve‑month margins stepped down materially versus annual results, suggesting persistent cost pressure, mix shifts or commodity headwinds. If these drivers persist, sustained margin compression could erode free cash flow generation and limit the upside from productivity initiatives absent stronger pricing or structural cost cuts.
Volume Softness & RNG Timing RiskSofter solid‑waste volumes (full‑year C&D ≈‑1%, residential declines, lost national accounts) combined with RNG pipeline/power interconnect delays reduce near‑term revenue and delay renewables monetization. These commercial and timing risks can persist several quarters and temper durable growth and margin contributions.
WM FAQ
What was Waste Management’s price range in the past 12 months?
Waste Management lowest stock price was $194.11 and its highest was $248.13 in the past 12 months.
What is Waste Management’s market cap?
Waste Management’s market cap is $90.56B.
When is Waste Management’s upcoming earnings report date?
Waste Management’s upcoming earnings report date is Oct 27, 2026 which is in 86 days.
How were Waste Management’s earnings last quarter?
Waste Management released its earnings results on Jul 28, 2026. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.977 by $0.043.
Is Waste Management overvalued?
According to Wall Street analysts Waste Management’s price is currently Undervalued.
Does Waste Management pay dividends?
Waste Management pays a Quarterly dividend of $0.945 which represents an annual dividend yield of 1.56%. See more information on Waste Management dividends here
What is Waste Management’s EPS estimate?
Waste Management’s EPS estimate is 2.18.
How many shares outstanding does Waste Management have?
Waste Management has 399,715,180 shares outstanding.
What happened to Waste Management’s price movement after its last earnings report?
Waste Management reported an EPS of $2.02 in its last earnings report, beating expectations of $1.977. Following the earnings report the stock price went down -1.174%.
Which hedge fund is a major shareholder of Waste Management?
Currently, no hedge funds are holding shares in WM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Waste Management Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$258.60 (8.31% Upside)
$258.60 (8.31% Upside)
Blogger Sentiment
Bullish
WM Sentiment 78%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 1.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $585.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Very Bullish
Bullish news 93%
Bearish news 7%
Bearish news 7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
5.24%
12-Months-Change
Fundamentals
Return on Equity
1.56%
Trailing 12-Months
Asset Growth
1.57%
Trailing 12-Months
Company Description
Waste Management
Waste Management, Inc. (WM) functions as a premier provider of environmental waste solutions across North America, serving a diverse client base that includes residential, commercial, industrial, and municipal customers. The company's core operations involve comprehensive collection services, which include gathering and transporting both waste materials and recyclables from their initial point of generation to designated transfer stations, material recovery facilities (MRFs), or final disposal sites. Waste Management maintains an extensive network of facilities, owning, developing, and operating landfill gas-to-energy plants within the United States, in addition to managing numerous transfer stations. As of December 31, 2021, its substantial infrastructure consisted of 255 solid waste landfills, 5 secure hazardous waste landfills, 96 material recovery facilities, and 340 transfer stations. Beyond primary collection and disposal, WM offers services in materials processing and commodities recycling. This extends to recycling brokerage, where they handle the marketing of recyclable goods for third-party entities, alongside providing various other strategic business solutions. Its service portfolio also encompasses construction and remediation projects, the responsible management of fly ash and other residues generated from coal and fuel combustion, and specialized in-plant services offering full-spectrum waste management consulting. Furthermore, the company delivers tailored disposal solutions for oil and gas exploration and production activities. Originally incorporated in 1987 as USA Waste Services, Inc., the company rebranded to Waste Management, Inc. in 1998. Its corporate headquarters are situated in Houston, Texas.
WM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted strong execution across margins, cash generation and cost discipline, including notable free cash flow growth (+56% YTD), operating EBITDA expansion (5.5% / 9.1% excl. wildfire), recycling and Healthcare Solutions momentum, and continued technology-driven productivity gains. The primary near-term negatives were softer-than-expected volumes (commercial and residential), timing delays in RNG pipeline interconnects and some recycling operating disruptions, which together led to a modest revenue guide narrowing. Overall, management communicated confidence in maintaining EBITDA and free cash flow targets and returning leverage to target ranges, suggesting the positives (earnings quality, margins, cash flow, integration successes) meaningfully outweigh the temporary volume and timing headwinds.View all WM earnings summariesWM Stock 12 Month Forecast
Average Price Target
$258.60
▲(8.31% Upside)
Technical Analysis
Ownership Overview
0.19% Insiders
18.99% Mutual Funds
5.44% Other Institutional Investors
54.44% Public Companies and Individual Investors







