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Waste Management, Inc. (WM)

230.90 +5.75 (+2.55%)
At close: October 29 at 4:00:02 PM EDT
237.05 +6.15 (+2.66%)
Pre-Market: 8:03:45 AM EDT
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WM Q3 2026 earnings call
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6m ago
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Waste Management’s third-quarter results showed 6.3% revenue growthand stronger cash generation, but adjusted EPS slightly missed estimates. Management maintained 2026 guidance, citing pricing, healthcare growth, and cost controls while warning that softer waste volumes and higher fuel costs remain pressures.

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  • Previous Close 225.15
  • Open 228.21
  • Bid 232.29 x 10000
  • Ask 237.56 x 20000
  • Day's Range 227.72 - 231.64
  • 52 Week Range 194.11 - 248.13
  • Volume 2,800,833
  • Avg. Volume 2,270,409
  • Market Cap (intraday) 91.814B
  • Beta (5Y Monthly) 0.43
  • PE Ratio (TTM) 30.30
  • EPS (TTM) 7.62
  • Earnings Date (est.) Jan 27, 2027
  • Forward Dividend & Yield 3.78 (1.64%)
  • 1y Target Est 255.36
  • Morningstar Rating Rating available with Stock Picks access

Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, recovery facility, or disposal site; owns and operates transfer stations; and owns, develops, and operates landfill gas-to-energy facilities that produce renewable electricity and renewable natural gas. It also operates materials processing and commodities recycling services, including cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; markets and resells recycling commodities; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company collects recyclable food and yard waste, as well as markets and sells mulch, compost, soil amendments, and renewable energy; offers remediation and construction, and industrial waste services; and manages and markets fly ash. Further, it provides Regulated Waste and Compliance Services (RWCS), which offers compliance programs, as well as collection, processing, and disposal of regulated and specialized waste, including medical, pharmaceutical, and hazardous waste; and Secure Information Destruction (SID) services that include the collection of personal and confidential information for secure destruction and recycling of sorted office paper. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was founded in 1968 and is based in Houston, Texas.

www.wm.com

60,500

Full Time Employees

December 31

Fiscal Year Ends

Industrials

Sector

Waste Management

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/29/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

WM
6.44%
S&P 500 (^GSPC)
12.78%

1-Year Return

WM
18.85%
S&P 500 (^GSPC)
12.04%

3-Year Return

WM
49.79%
S&P 500 (^GSPC)
87.51%

5-Year Return

WM
55.93%
S&P 500 (^GSPC)
67.64%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 6.85B
Earnings 820M
Profit Margin 11.98%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
2B
4B
6B
11.7%
11.8%
11.9%

Analyst Insights

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Analyst Price Targets

220.00 Low
255.36 Average
230.90 Current
283.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/29/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 235 -> 260

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    11.78%

  • Return on Assets (ttm)

    6.69%

  • Return on Equity (ttm)

    31.68%

  • Revenue (ttm)

    26.07B

  • Net Income Avi to Common (ttm)

    3.07B

  • Diluted EPS (ttm)

    7.62

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    247M

  • Total Debt/Equity (mrq)

    236.83%

  • Levered Free Cash Flow (ttm)

    2.49B

Company Insights

Research Reports

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