Waste Tax Provision from 2010 to 2024

WM Stock  USD 228.22  0.24  0.11%   
Waste Management Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 537.7 M. Tax Provision is the amount set aside by Waste Management to cover any estimated taxes for the current period. It reflects Waste Management's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
214 M
Current Value
235 M
Quarterly Volatility
44.6 M
 
Covid
Check Waste Management financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waste Management's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 276.7 M or Total Revenue of 10.9 B, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0158 or PTB Ratio of 11.03. Waste financial statements analysis is a perfect complement when working with Waste Management Valuation or Volatility modules.
  
Check out the analysis of Waste Management Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Latest Waste Management's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Waste Management over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Waste Management's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waste Management's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Waste Tax Provision Regression Statistics

Arithmetic Mean431,777,037
Geometric Mean407,741,148
Coefficient Of Variation35.81
Mean Deviation128,962,173
Median397,000,000
Standard Deviation154,634,442
Sample Variance23911.8T
Range471M
R-Value0.73
Mean Square Error11849.2T
R-Squared0.54
Significance0
Slope25,405,675
Total Sum of Squares334765.4T

Waste Tax Provision History

2024537.7 M
2023713 M
2022678 M
2021532 M
2020397 M
2019434 M
2018453 M

About Waste Management Financial Statements

Waste Management investors utilize fundamental indicators, such as Tax Provision, to predict how Waste Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision713 M537.7 M

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Check out the analysis of Waste Management Correlation against competitors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
2.95
Earnings Share
6.55
Revenue Per Share
53.245
Quarterly Revenue Growth
0.079
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.