Companies / Industrials
WM
Waste Management
Environmental & Facilities Services
Environmental & Facilities ServicesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health58
Growth63
Profitability54
Cash generation65
Balance sheet32
Dilution control76
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)6.3%Revenue growth (FY)14.2%Revenue CAGR (3y)8.6%Gross margin40.4%Operating margin17.1%Net margin10.7%Free cash flow margin11.2%R&D / revenue—Stock comp / revenue0.7%Net debt / operating cash flow3.64xCurrent ratio0.89Diluted share count change0.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $17.9B | $19.7B | $20.4B | $22.1B | $25.2B |
| Gross profit | $6.8B | $7.4B | $7.8B | $8.7B | $10.2B |
| Operating income | $3.0B | $3.4B | $3.6B | $4.1B | $4.3B |
| Net income | $1.8B | $2.2B | $2.3B | $2.7B | $2.7B |
| Operating cash flow | $4.3B | $4.5B | $4.7B | $5.4B | $6.0B |
| Capital expenditure | $2.0B | $2.8B | $2.9B | $3.2B | $3.2B |
| Free cash flow | $2.3B | $1.7B | $1.8B | $2.2B | $2.8B |
| Stock-based comp | $108M | $84M | $93M | $118M | $169M |
| Buybacks | $1.4B | $1.5B | $1.3B | $262M | — |
| Dividends | $970M | $1.1B | $1.1B | $1.2B | $1.3B |
| Cash | $118M | $351M | $458M | $414M | $201M |
| Total debt | $12.7B | $14.6B | $15.9B | $22.5B | $22.2B |
| Equity | $7.1B | $6.8B | $6.9B | $8.3B | $10.0B |
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