Obermatt

Flags

Financial distress

Waste Management

NYQ:WM · US94106L1098
Commercial Services & SuppliesLarge

360

36
EV / EBIT26
Price / Owner Earnings28
Owner Earnings Yield23
Dividend Yield61
Price/Sales25
EV / Gross Profit22
Price/Book5
Return on Capital67
Cash Return on Capital47
Return on Equity86
EBIT Margin78
Gross Profitability53
Cash Conversion59
Accruals59
Owner Earnings Margin71
Sales growth41
Profit Growth96
Long-Term EPS Growth61
Owner Earnings Growth83
Reinvestment24
Price momentum37
Debt load14
Refinancing31
Debt Payback30
Liquidity70
Analyst ratings69
Opinion Changes50
Price Target Upside43
Market mood49
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Waste Management clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryCommercial Services & Supplies
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1987
Employees15,095
Websitewm.com
ISINUS94106L1098
Last UpdateApr 2, 2026
Themes
Utility Scale SolarUrban MiningEnvironmental ConsultingEnvironmental EngineeringClean EnergyDisposal and RecyclingCleanTechBiofuelEnvironment, Health and Safety (EH&S)Anaerobic DigestionBiomass EnergyPET (Polyethylene Terephthalate) RecyclingWaste Management

Description

Waste Management, Inc., through its subsidiaries, provides comprehensive environmental solutions services throughout the United States (‘U.S.’) and Canada. The company partners with its customers and the communities it serves to manage and reduce wa…

Analysis

Hope premium

Waste Management, Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium.

On valuation, the picture is expensive. The owner-earnings multiple stands at 33.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 13% a year, against analyst forecasts of 12%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
22
2023202420252026

All-time high

78

Jan 2025

All-time low

16

Mar 2026

Average rank

37

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
25
25
20
32
Price/Earnings
20
22
33
35
Price/Book
5
3
1
6
Dividend Yield
61
43
44
46
Value (overall)
12
15
16
29

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →