Waste Management (WM) Financial Ratios: P/E, ROE & More

Waste Management (WM) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Waste Management had a P/E ratio of 32.69 (up from 29.49), return on equity of 29.7% (down from 36.2%), debt-to-equity of 2.39 (down from 3.02) and a current ratio of 0.89 (up from 0.76). A current ratio of 0.89 means current liabilities exceed current assets. Its dividend yield was 1.50% with a payout ratio of 49.3%.

Waste Management Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	32.69	29.49	31.31	28.77	38.45	33.31
Forward P/E	27.23	25.74	27.40	26.22	30.82	26.15
P/S Ratio	3.51	3.67	3.53	3.27	3.89	3.27
P/B Ratio	8.86	9.81	10.46	9.38	9.80	6.69
Price/FCF	31.43	37.51	39.55	33.04	28.68	28.14
Price/OCF	14.65	15.03	15.29	14.20	16.09	14.64
PEG Ratio	2.54	2.08	2.28	2.24	2.34	5.76
Enterprise Value Ratios
EV/Revenue	4.43	4.40	4.28	3.98	4.62	3.91
EV/EBITDA	14.78	14.75	14.83	14.33	16.70	14.36
EV/EBIT	23.79	22.52	22.87	22.85	27.98	24.04
EV/FCF	39.67	44.94	47.94	40.19	34.00	33.63
Profitability & Returns
Return on Equity (ROE)	29.70%	36.24%	33.08%	32.02%	24.93%	20.60%
Return on Assets (ROA)	6.49%	6.96%	7.45%	7.09%	6.33%	5.43%
Return on Invested Capital (ROIC)	11.17%	12.22%	12.74%	12.25%	10.85%	7.24%
Return on Capital Employed (ROCE)	11.60%	11.20%	13.40%	12.70%	11.80%	9.60%
Leverage & Solvency Ratios
Debt/Equity	2.39	3.02	2.43	2.26	1.96	1.92
Debt/EBITDA	2.99	3.65	2.75	2.75	2.73	3.34
Debt/FCF	8.49	11.55	9.18	7.96	5.72	8.09
Liquidity Ratios
Current Ratio	0.89	0.76	0.90	0.81	0.75	1.00
Quick Ratio	0.77	0.66	0.79	0.71	0.65	0.89
Efficiency Ratios
Asset Turnover	0.56	0.57	0.64	0.65	0.61	0.53
Inventory Turnover	69.66	70.62	74.81	82.23	85.80	81.23
Yield & Distribution Ratios
Earnings Yield	3.06%	3.39%	3.19%	3.48%	2.60%	3.00%
FCF Yield	3.18%	2.67%	2.53%	3.03%	3.49%	3.55%
Dividend Yield	1.50%	1.49%	1.56%	1.65%	1.37%	2.00%
Payout Ratio	49.26%	44.06%	49.31%	48.12%	53.41%	61.97%
Buyback Yield	-0.20%	0.86%	1.95%	1.87%	0.52%	0.56%
Total Return	1.30%	2.35%	3.51%	3.52%	1.89%	2.56%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Waste Management Financial Ratios

What is Waste Management's P/E ratio?

Waste Management's P/E ratio was 32.69 for fiscal 2025 (period ended Dec 31, 2025). It was 29.49 a year earlier.

What is Waste Management's return on equity?

Waste Management's return on equity (ROE) was 29.7% for fiscal 2025 (period ended Dec 31, 2025). It was 36.2% a year earlier.

What is Waste Management's debt-to-equity ratio?

Waste Management's debt-to-equity ratio was 2.39 for fiscal 2025 (period ended Dec 31, 2025). It was 3.02 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition