Waste Management, Inc. (WM) is a Utilities stock trading at $239.32 (as of 2026-07-17), with a market capitalization of $96.11B and a trailing P/E of 34.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.
Waste Management provides waste collection, recycling and disposal services, and also owns landfill gas-to-energy facilities and transfer stations, serving residential, commercial, industrial, and municipal customers.
WM’s profit model is driven by processing waste streams end to end, since it collects and transports waste to its own transfer stations, material recovery facilities, and disposal sites, and it also owns landfill gas-to-energy facilities.
| Legacy | $5.8B |
| Healthcare | $0.6B |
Business quality (Solid): The segment framing is clear (Legacy versus Healthcare), and investors can monitor Legacy revenue plus a collection and disposal adjusted operating EBITDA metric, but the KPI list is limited to a small set of operating measures.
Valuation: At 31× earnings, WM trades 50% above the Other average (20×). Note: one-time items can distort reported P/E.
| Price | $239.32 |
| Market Cap | $96.11B |
| P/E Ratio | 34.4 |
| EV / EBITDA | 13.1 |
| Price / Book | 9.59 |
| Price / Sales | 3.78 |
| FCF Yield | 3.4% |
| DCF Value (model) | $190.61 |
| DCF Upside vs Price | -20.4% |
| Revenue (TTM) | $25.20B |
| Net Margin | 10.7% |
| Revenue Growth (YoY) | 3.5% |
| EPS Growth (YoY) | 13.3% |
| FCF Growth (YoY) | 125.7% |
| Altman Z-Score | 2.99 (grey) |
| Piotroski F-Score | 7/9 (strong) |
| Stock P/E | 34.4 |
| Sector P/E (Utilities) | 21.4 |
| Industry P/E (Other) | 31.1 |
| vs Sector | 60.7% |
| vs Industry | 10.6% |
| Top Institutional Holder | VANGUARD GROUP INC ($8.57B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Utilities |
| Industry | Other |
| CEO | James C. Fish Jr. |
| Employees | 61,700 |
| Country | US |
| IPO Date | 1988-06-22 |
Data as of 2026-07-17.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.