Waste Income Before Tax vs Non Recurring Analysis

WM Stock

USD 229.78 0.97 0.42%

Waste Management financial indicator trend analysis is more than just analyzing Waste Management current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waste Management is a good investment. Please check the relationship between Waste Management Income Before Tax and its Non Recurring accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Income Before Tax vs Non Recurring

Income Before Tax vs Non Recurring Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Income Before Tax account and Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Waste Management's Income Before Tax and Non Recurring is -0.53. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Waste Management, assuming nothing else is changed. The correlation between historical values of Waste Management's Income Before Tax and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Waste Management are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Waste Management's Income Before Tax and Non Recurring go up and down completely randomly.

Correlation Coefficient

-0.53

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Waste Management income statement and is an important metric when analyzing Waste Management profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Non Recurring

Most indicators from Waste Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waste Management current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.At this time, Waste Management's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of February 2025, Enterprise Value is likely to grow to about 99.1 B, while Selling General Administrative is likely to drop about 1.5 B.

	2022	2023	2024	2025 (projected)
Gross Profit	7.4B	7.8B	8.7B	9.1B
Total Revenue	19.7B	20.4B	22.1B	11.3B

Gross Profit Total Revenue

Waste Management fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Other Current Assets	Other Stockholder Equity	Accounts Payable	Property Plant And Equipment Gross	Inventory	Common Stock Total Equity	Common Stock
Total Assets		0.99	0.83	0.98	0.69	0.74	-0.05	0.14	1.0	0.63	0.17	0.97	0.51	0.99	1.0	0.61	0.1	0.82	0.96	0.72	-0.14	0.27	0.86	0.4	-0.81	-0.81
Short Long Term Debt Total	0.99		0.88	0.97	0.61	0.68	-0.16	0.15	0.99	0.66	0.17	0.95	0.4	1.0	1.0	0.58	0.01	0.88	0.95	0.71	-0.08	0.22	0.88	0.42	-0.85	-0.85
Other Current Liab	0.83	0.88		0.82	0.3	0.4	-0.47	0.05	0.84	0.72	0.08	0.73	0.04	0.86	0.86	0.33	-0.17	0.93	0.76	0.46	0.18	-0.17	0.79	0.56	-0.86	-0.86
Total Current Liabilities	0.98	0.97	0.82		0.65	0.7	-0.11	0.06	0.98	0.58	0.09	0.96	0.49	0.97	0.98	0.54	0.2	0.84	0.93	0.74	-0.08	0.32	0.87	0.4	-0.83	-0.83
Total Stockholder Equity	0.69	0.61	0.3	0.65		0.95	0.49	0.25	0.68	0.36	0.27	0.72	0.81	0.64	0.64	0.79	0.35	0.25	0.69	0.7	-0.42	0.43	0.47	0.28	-0.2	-0.2
Property Plant And Equipment Net	0.74	0.68	0.4	0.7	0.95		0.44	0.12	0.74	0.38	0.15	0.75	0.7	0.7	0.71	0.73	0.21	0.33	0.75	0.68	-0.45	0.43	0.62	0.48	-0.24	-0.24
Net Debt	-0.05	-0.16	-0.47	-0.11	0.49	0.44		0.07	-0.06	-0.17	0.04	0.01	0.49	-0.11	-0.11	0.26	0.26	-0.59	0.08	0.01	-0.82	0.2	-0.04	-0.06	0.54	0.54
Cash	0.14	0.15	0.05	0.06	0.25	0.12	0.07		0.06	0.37	1.0	0.09	0.12	0.14	0.13	0.75	-0.09	-0.04	0.15	0.38	-0.13	-0.02	-0.05	-0.17	0.0	0.0
Non Current Assets Total	1.0	0.99	0.84	0.98	0.68	0.74	-0.06	0.06		0.61	0.08	0.97	0.5	0.99	0.99	0.55	0.1	0.83	0.95	0.69	-0.12	0.26	0.88	0.43	-0.81	-0.81
Non Currrent Assets Other	0.63	0.66	0.72	0.58	0.36	0.38	-0.17	0.37	0.61		0.39	0.49	0.03	0.65	0.64	0.48	0.02	0.58	0.58	0.37	0.0	-0.3	0.58	0.5	-0.52	-0.52
Cash And Short Term Investments	0.17	0.17	0.08	0.09	0.27	0.15	0.04	1.0	0.08	0.39		0.11	0.13	0.16	0.15	0.77	-0.09	0.0	0.16	0.41	-0.11	-0.03	-0.04	-0.13	-0.02	-0.02
Net Receivables	0.97	0.95	0.73	0.96	0.72	0.75	0.01	0.09	0.97	0.49	0.11		0.56	0.96	0.97	0.6	0.1	0.77	0.96	0.76	-0.21	0.42	0.82	0.24	-0.77	-0.77
Common Stock Shares Outstanding	0.51	0.4	0.04	0.49	0.81	0.7	0.49	0.12	0.5	0.03	0.13	0.56		0.43	0.44	0.52	0.59	0.08	0.42	0.47	-0.18	0.5	0.19	0.0	-0.2	-0.2
Non Current Liabilities Total	0.99	1.0	0.86	0.97	0.64	0.7	-0.11	0.14	0.99	0.65	0.16	0.96	0.43		1.0	0.59	0.01	0.85	0.96	0.7	-0.12	0.24	0.88	0.42	-0.83	-0.83
Total Liab	1.0	1.0	0.86	0.98	0.64	0.71	-0.11	0.13	0.99	0.64	0.15	0.97	0.44	1.0		0.58	0.04	0.85	0.96	0.71	-0.12	0.25	0.89	0.42	-0.83	-0.83
Total Current Assets	0.61	0.58	0.33	0.54	0.79	0.73	0.26	0.75	0.55	0.48	0.77	0.6	0.52	0.59	0.58		0.06	0.26	0.63	0.78	-0.36	0.34	0.39	0.15	-0.2	-0.2
Short Term Debt	0.1	0.01	-0.17	0.2	0.35	0.21	0.26	-0.09	0.1	0.02	-0.09	0.1	0.59	0.01	0.04	0.06		-0.1	-0.02	0.18	0.11	0.27	-0.07	0.0	-0.02	-0.02
Intangible Assets	0.82	0.88	0.93	0.84	0.25	0.33	-0.59	-0.04	0.83	0.58	0.0	0.77	0.08	0.85	0.85	0.26	-0.1		0.73	0.53	0.32	0.1	0.74	0.36	-0.94	-0.94
Retained Earnings	0.96	0.95	0.76	0.93	0.69	0.75	0.08	0.15	0.95	0.58	0.16	0.96	0.42	0.96	0.96	0.63	-0.02	0.73		0.75	-0.37	0.29	0.9	0.32	-0.69	-0.69
Other Current Assets	0.72	0.71	0.46	0.74	0.7	0.68	0.01	0.38	0.69	0.37	0.41	0.76	0.47	0.7	0.71	0.78	0.18	0.53	0.75		-0.22	0.57	0.58	0.09	-0.46	-0.46
Other Stockholder Equity	-0.14	-0.08	0.18	-0.08	-0.42	-0.45	-0.82	-0.13	-0.12	0.0	-0.11	-0.21	-0.18	-0.12	-0.12	-0.36	0.11	0.32	-0.37	-0.22		-0.2	-0.31	0.01	-0.34	-0.34
Accounts Payable	0.27	0.22	-0.17	0.32	0.43	0.43	0.2	-0.02	0.26	-0.3	-0.03	0.42	0.5	0.24	0.25	0.34	0.27	0.1	0.29	0.57	-0.2		0.19	-0.28	-0.08	-0.08
Property Plant And Equipment Gross	0.86	0.88	0.79	0.87	0.47	0.62	-0.04	-0.05	0.88	0.58	-0.04	0.82	0.19	0.88	0.89	0.39	-0.07	0.74	0.9	0.58	-0.31	0.19		0.53	-0.68	-0.68
Inventory	0.4	0.42	0.56	0.4	0.28	0.48	-0.06	-0.17	0.43	0.5	-0.13	0.24	0.0	0.42	0.42	0.15	0.0	0.36	0.32	0.09	0.01	-0.28	0.53		-0.21	-0.21
Common Stock Total Equity	-0.81	-0.85	-0.86	-0.83	-0.2	-0.24	0.54	0.0	-0.81	-0.52	-0.02	-0.77	-0.2	-0.83	-0.83	-0.2	-0.02	-0.94	-0.69	-0.46	-0.34	-0.08	-0.68	-0.21		1.0
Common Stock	-0.81	-0.85	-0.86	-0.83	-0.2	-0.24	0.54	0.0	-0.81	-0.52	-0.02	-0.77	-0.2	-0.83	-0.83	-0.2	-0.02	-0.94	-0.69	-0.46	-0.34	-0.08	-0.68	-0.21	1.0

Click cells to compare fundamentals

Waste Management Account Relationship Matchups

Waste Management fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	29.3B	29.1B	31.4B	32.8B	44.6B	46.8B
Short Long Term Debt Total	13.8B	13.4B	15.0B	16.2B	23.9B	25.1B
Other Current Liab	1.3B	1.4B	1.6B	1.7B	5.6B	5.9B
Total Current Liabilities	3.6B	4.1B	4.4B	4.2B	6.3B	6.6B
Total Stockholder Equity	7.5B	7.1B	6.8B	6.9B	8.3B	4.8B
Property Plant And Equipment Net	14.1B	14.4B	15.7B	17.0B	19.3B	9.8B
Net Debt	13.3B	13.3B	14.6B	15.8B	(414M)	(393.3M)
Cash	553M	118M	351M	458M	414M	384.1M
Non Current Assets Total	25.8B	26.0B	27.8B	29.0B	39.8B	41.8B
Non Currrent Assets Other	1.6B	1.7B	(364M)	1.4B	2.0B	2.1B
Cash And Short Term Investments	553M	118M	351M	458M	614M	395.0M
Net Receivables	2.6B	2.5B	2.8B	2.9B	3.7B	3.9B
Common Stock Shares Outstanding	425.1M	422.9M	415M	406.9M	403.4M	404.0M
Liabilities And Stockholders Equity	29.3B	29.1B	31.4B	32.8B	44.6B	46.8B
Non Current Liabilities Total	18.3B	17.9B	20.1B	21.7B	30.1B	31.6B
Total Liab	21.9B	22.0B	24.5B	25.9B	36.3B	38.1B
Total Current Assets	3.5B	3.1B	3.6B	3.8B	4.8B	2.5B
Short Term Debt	551M	708M	414M	281M	323.2M	483.0M
Intangible Assets	1.0B	898M	827M	759M	4.2B	4.4B
Retained Earnings	11.2B	12.0B	13.2B	14.3B	15.9B	16.7B
Other Current Assets	239M	270M	284M	303M	467M	293.0M
Other Stockholder Equity	(3.8B)	(4.9B)	(6.3B)	(7.4B)	273M	286.7M
Accounts Payable	1.1B	1.4B	1.8B	1.7B	2.0B	1.0B
Property Plant And Equipment Gross	14.1B	35.0B	37.3B	39.8B	43.1B	45.3B
Accumulated Other Comprehensive Income	39M	17M	(69M)	(37M)	8.0B	8.4B
Inventory	124M	135M	164M	173M	206M	130.3M
Other Liab	3.7B	3.9B	5.1B	5.2B	5.8B	3.0B
Other Assets	1.6B	1.7B	1.9B	4.2B	4.8B	5.0B
Long Term Debt	12.9B	12.7B	14.6B	15.9B	22.5B	23.7B
Good Will	9.0B	9.0B	9.3B	9.3B	13.4B	7.2B
Treasury Stock	(8.4B)	(8.6B)	(8.9B)	(10.1B)	(9.1B)	(8.6B)
Property Plant Equipment	12.9B	14.1B	14.4B	15.7B	18.1B	13.0B
Current Deferred Revenue	539M	571M	589M	578M	673M	541.2M
Net Tangible Assets	15M	(2.6B)	(2.8B)	(3.3B)	(3.0B)	(2.8B)
Retained Earnings Total Equity	10.6B	11.2B	12.0B	13.2B	15.1B	9.3B

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How To Invest In Waste

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Is Waste Stock a good investment?

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What is Waste Management's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

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

0.214

Dividend Share

Earnings Share

6.81

Revenue Per Share

54.951

Quarterly Revenue Growth

0.13

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.

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Waste Income Before Tax vs Non Recurring Analysis

Income Before Tax vs Non Recurring

Income Before Tax vs Non Recurring Correlation Analysis

Correlation Coefficient

Income Before Tax

Non Recurring

Waste Management fundamental ratios Correlations

Waste Management Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Waste Management fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Common Stock	- 0.94	Intangible Assets
Common Stock Total Equity	- 0.94	Intangible Assets
Common Stock	- 0.86	Other Current Liab
Common Stock Total Equity	- 0.86	Other Current Liab
Common Stock	- 0.85	Short Long Term Debt Total
Common Stock Total Equity	- 0.85	Short Long Term Debt Total