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Waste Management Inc Stock Research

WM

155.61USD+0.55(+0.35%)Market Closed

Market Summary

USD155.61+0.55
Market Closed
0.35%

WM Alerts

WM Stock Price

WM RSI Chart

WM Valuation

Market Cap

63.5B

Price/Earnings (Trailing)

28.36

Price/Sales (Trailing)

3.22

EV/EBITDA

15.68

Price/Free Cashflow

13.99

WM Price/Sales (Trailing)

WM Profitability

EBT Margin

14.81%

Return on Equity

32.68%

Return on Assets

7.13%

Free Cashflow Yield

7.15%

WM Fundamentals

WM Revenue

Revenue (TTM)

19.7B

Revenue Y/Y

5.49%

Revenue Q/Q

-2.76%

WM Earnings

Earnings (TTM)

2.2B

Earnings Y/Y

-1.38%

Earnings Q/Q

-21.91%

Price Action

52 Week Range

138.89175.98
(Low)(High)

Last 7 days

3.9%

Last 30 days

1.5%

Last 90 days

-5.1%

Trailing 12 Months

0.4%

WM Financial Health

Current Ratio

0.81

Debt/Equity

2.13

Debt/Cashflow

0.31

WM Investor Care

Dividend Yield

1.67%

Dividend/Share (TTM)

2.6

Buy Backs (1Y)

1.97%

Diluted EPS (TTM)

5.39

Peers (Alternatives to Waste Management)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
63.5B
19.7B
1.49% 0.35%
28.36
3.22
9.85% 23.24%
44.3B
8.4B
-3.25% 14.04%
34.42
5.28
12.71% 11.63%
42.3B
13.5B
5.36% 3.62%
28.42
3.13
19.62% 15.28%
35.0B
7.2B
0.28% -0.13%
41.87
4.85
17.24% 35.21%
33.4B
3.7B
-1.08% 13.23%
30.84
9.08
16.24% -0.79%
MID-CAP
7.5B
3.5B
-5.58% -12.85%
23.96
2.11
7.06% 25.10%
7.4B
5.2B
-0.89% 25.81%
17.86
1.42
35.76% 102.58%
4.2B
1.1B
1.42% -7.26%
78.44
3.84
22.03% 29.15%
3.9B
2.7B
-22.61% -24.77%
69.76
1.46
2.18% 310.82%
SMALL-CAP
823.0M
709.3M
-11.36% 20.19%
10.93
1.16
37.64% 56.34%
116.8M
71.0M
33.68% 49.74%
-25.43
1.65
-14.94% -242.00%
13.7M
318.1M
-30.17% -15.52%
-0.41
0.04
19.84% 22.30%
11.1M
77.1M
-2.68% -11.59%
-158.76
0.14
14.38% -102.40%

Financials for Waste Management

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.3%19,69819,44119,03118,48017,931
  S&GA Expenses-0.3%1,9381,9431,9391,8971,864
Costs and Expenses1.3%16,33316,12315,84915,39714,966
EBITDA0.7%4,9564,9204,8124,871-
EBITDA Margin-0.6%0.25*0.25*0.25*0.26*-
Earnings Before Taxes0.0%2,9182,9172,7952,4752,349
EBT Margin-1.3%0.15*0.15*0.15*0.13*-
Net Income-0.3%2,2382,2452,1441,9081,816
Net Income Margin-1.6%0.11*0.12*0.11*0.10*-
Free Cahsflow1.3%4,5364,4784,4802,437-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets5.1%31,36729,84130,12829,21929,097
  Current Assets8.8%3,5513,2643,9873,0593,069
    Cash Equivalents156.2%351137894155118
  Goodwill2.5%9,3239,0929,0229,0349,028
Liabilities7.3%24,50322,82922,93622,07321,971
  Current Liabilities14.6%4,3943,8343,7223,8064,082
  Long Term Debt5.5%14,57013,80514,04613,05212,697
Shareholder's Equity-2.3%6,8497,0107,1927,1467,124
  Retained Earnings1.8%13,16712,93312,56312,24712,004
  Additional Paid-In Capital0.3%5,3145,2995,2575,1785,169
Accumulated Depreciation0.9%21,62721,43821,12720,91820,537
Shares Outstanding-0.6%408411416--
Minority Interest650.0%15.002.002.002.002.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations1.3%4,5364,4784,4804,4764,338
  Share Based Compensation-14.3%84.0098.00114110108
Cashflow From Investing-8.5%-3,063-2,824-2,286-2,132-1,894
Cashflow From Financing24.2%-1,216-1,605-1,497-2,705-2,900
  Dividend Payments2.5%1,0771,0511,025998970
  Buy Backs6.3%1,5001,4111,3701,3501,350

Risks for WM

What is the probability of a big loss on WM?

19.2%


Probability that Waste Management stock will be more than 20% underwater in next one year

0%


Probability that Waste Management stock will be more than 30% underwater in next one year.

0%


Probability that Waste Management stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Waste Management was unfortunately bought at previous high price.

Drawdowns

Returns for WM

Cumulative Returns on WM

17.7%


10-Year Cumulative Returns

16.8%


7-Year Cumulative Returns

14.0%


5-Year Cumulative Returns

14.9%


3-Year Cumulative Returns

What are the long-term rolling returns for WM?

FIve years rolling returns for Waste Management.

Annualized Returns

Which funds bought or sold WM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-3.52
-353,252
6,019,750
0.17%
2023-03-13
Claro Advisors LLC
added
9.27
30,907
282,907
0.09%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-17.66
-8,669,320
36,088,700
0.04%
2023-03-08
Capital Asset Advisory Services LLC
sold off
-100
-266,000
-
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-0.47
-360,000
13,758,000
0.07%
2023-03-06
Aldebaran Financial Inc.
reduced
-0.65
-116,512
2,933,490
3.15%
2023-03-03
TIAA, FSB
reduced
-0.7
-89,535
3,158,460
0.01%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
237,359
237,359
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
-18.00
18,982
0.01%
2023-03-01
Regal Investment Advisors LLC
reduced
-0.91
-104,831
3,421,170
0.33%

1–10 of 47

Latest Funds Activity

Are funds buying WM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own WM
No. of Funds

Waste Management News

DirectorsTalk Interviews

Waste Management - Consensus Indicates Potential 8.2% Upside.

DirectorsTalk Interviews,
12 hours ago

Gettysburg Times

Schedule 13G FIlings of Waste Management

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 10, 2023
bill & melinda gates foundation trust
8.6%
35,234,344
SC 13G/A
Feb 09, 2023
vanguard group inc
9.13%
37,490,065
SC 13G/A
Feb 07, 2023
blackrock inc.
7.4%
30,411,118
SC 13G/A
Feb 14, 2022
cascade investment, l.l.c.
4.0%
16,600,672
SC 13G/A
Feb 09, 2022
vanguard group inc
8.36%
34,980,666
SC 13G/A
Feb 01, 2022
blackrock inc.
7.2%
29,941,759
SC 13G/A
Feb 12, 2021
cascade investment, l.l.c.
3.9%
16,600,672
SC 13G/A
Feb 10, 2021
vanguard group inc
8.26%
34,896,452
SC 13G/A
Feb 01, 2021
blackrock inc.
7.2%
30,563,244
SC 13G/A
Feb 13, 2020
cascade investment, l.l.c.
3.4%
14,583,672
SC 13G/A

WM Fair Value

Waste Management fair value in different scenarios

The table shows the Fair Value estimates for Waste Management for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

67.00

-56.94%

80.92

-48.00%

119.32

-23.32%

155.05

-0.36%

203.67

30.88%
Current Inflation

61.52

-60.47%

73.29

-52.90%

105.21

-32.39%

134.80

-13.37%

175.15

12.56%
Very High Inflation

54.75

-64.82%

64.07

-58.83%

88.75

-42.97%

111.56

-28.31%

142.78

-8.24%

Historical Waste Management Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Waste Management

View All Filings
Date Filed Form Type Document
Mar 10, 2023
8-K
Current Report
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading

Latest Insider Trading transactions for WM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-07
Carroll John A.
acquired
-
-
303
vp & chief accounting officer
2023-03-07
Nagy Leslie K
acquired
-
-
303
vp & chief accounting officer
2023-02-24
Nagy Leslie K
sold
-120,888
151
-800
vp & chief accounting officer
2023-02-21
Carrasco Rafael
sold
-8,459
153
-55.00
svp operations
2023-02-21
Smith Donald J
sold
-7,521
153
-49.00
sr. vp - operations
2023-02-21
Rooney Kelly C.
sold
-2,304
153
-15.00
svp chief people officer
2023-02-21
Nagy Leslie K
sold
-9,203
153
-60.00
vp & chief accounting officer
2023-02-19
Smith Donald J
sold (taxes)
-11,061
153
-72.00
sr. vp - operations
2023-02-19
Nagy Leslie K
sold (taxes)
-14,287
153
-93.00
vp & chief accounting officer
2023-02-19
Carrasco Rafael
sold (taxes)
-13,058
153
-85.00
svp operations

1–10 of 50

James C. Fish
48500
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.

WM Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Operating revenues$ 5,075$ 4,665$ 14,763$ 13,253
Costs and expenses:    
Operating3,1562,9069,2018,156
Selling, general and administrative4734691,4511,372
Depreciation and amortization5035171,4931,489
Restructuring1116
(Gain) loss from divestitures, asset impairments and unusual items, net (34)17(17)
Total costs and expenses4,1333,85912,16311,006
Income from operations9428062,6002,247
Other income (expense):    
Interest expense, net(91)(87)(269)(282)
Loss on early extinguishment of debt   (220)
Equity in net losses of unconsolidated entities(17)(14)(49)(34)
Other, net(6)1(7)(4)
Total other income (expense)(114)(100)(325)(540)
Income before income taxes8287062,2751,707
Income tax expense189167535396
Consolidated net income6395391,7401,311
Less: Net income (loss) attributable to noncontrolling interests 111
Net income attributable to Waste Management, Inc.$ 639$ 538$ 1,739$ 1,310
Basic earnings per common share$ 1.55$ 1.28$ 4.20$ 3.11
Diluted earnings per common share$ 1.54$ 1.28$ 4.18$ 3.09

WM Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 137$ 118
Accounts receivable, net of allowance for doubtful accounts of $26 and $25, respectively2,4522,278
Other receivables, net of allowance for doubtful accounts of $7 and $8, respectively224268
Parts and supplies159135
Other assets292270
Total current assets3,2643,069
Property and equipment, net of accumulated depreciation and amortization of $21,438 and $20,537, respectively14,74214,419
Goodwill9,0929,028
Other intangible assets, net847898
Restricted funds374348
Investments in unconsolidated entities593432
Other assets929903
Total assets29,84129,097
Current liabilities:  
Accounts payable1,4891,375
Accrued liabilities1,4961,428
Deferred revenues591571
Current portion of long-term debt258708
Total current liabilities3,8344,082
Long-term debt, less current portion13,80512,697
Deferred income taxes1,6291,694
Landfill and environmental remediation liabilities2,4362,373
Other liabilities1,1251,125
Total liabilities22,82921,971
Commitments and contingencies (Note 6)
Waste Management, Inc. stockholders' equity:  
Common stock, $0.01 par value; 1,500,000,000 shares authorized; 630,282,461 shares issued66
Additional paid-in capital5,2995,169
Retained earnings12,93312,004
Accumulated other comprehensive income (loss)(92)17
Treasury stock at cost, 219,742,939 and 214,158,636 shares, respectively(11,136)(10,072)
Total Waste Management, Inc. stockholders' equity7,0107,124
Noncontrolling interests22
Total equity7,0127,126
Total liabilities and equity$ 29,841$ 29,097