Waste Management Stock Today

WM Stock  USD 228.22  0.24  0.11%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 11

 
High
 
Low
Low
Waste Management is selling at 228.22 as of the 30th of November 2024; that is 0.11 percent decrease since the beginning of the trading day. The stock's lowest day price was 228.07. Waste Management has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Note, on November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Waste Management's common stock.
Business Domain
Commercial & Professional Services
IPO Date
2nd of June 1988
Category
Industrials
Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas. The company has 401.37 M outstanding shares of which 3.04 M shares are at this time sold short in the market by investors with about 2.12 days to cover all shorted shares. More on Waste Management

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Waste Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Fish
Thematic Ideas
(View all Themes)
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, NYSE Composite, SP 500 Index, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Management, Recycling, SRI Sustainable Growth, Industrials, Commercial Services & Supplies, Waste Management, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03630.0702
Way Down
Pretty Stable
Asset Turnover0.450.6223
Way Down
Slightly volatile
Gross Profit Margin0.460.3828
Fairly Up
Pretty Stable
Net Debt16.6 B15.8 B
Sufficiently Up
Slightly volatile
Total Current Liabilities2.7 B4.2 B
Way Down
Slightly volatile
Non Current Liabilities Total22.8 B21.7 B
Sufficiently Up
Slightly volatile
Total Assets18 B32.8 B
Way Down
Slightly volatile
Total Current Assets2.5 B3.8 B
Way Down
Slightly volatile
Total Cash From Operating ActivitiesB4.7 B
Sufficiently Up
Slightly volatile
Debt Levels
Waste Management can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Waste Management's financial leverage. It provides some insight into what part of Waste Management's total assets is financed by creditors.
Liquidity
Waste Management reports 16.23 B of total liabilities with total debt to equity ratio (D/E) of 2.01, which may imply that the company relies heavily on debt financing. Waste Management has a current ratio of 0.83, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Waste to invest in growth at high rates of return.

Capital Expenditures

3.04 Billion
Waste Management (WM) is traded on New York Stock Exchange in USA. It is located in 800 Capitol Street, Houston, TX, United States, 77002 and employs 48,000 people. Waste Management is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 91.7 B. Waste Management is active under Commercial Services & Supplies sector as part of Industrials industry. The entity has 401.37 M outstanding shares of which 3.04 M shares are at this time sold short in the market by investors with about 2.12 days to cover all shorted shares. Waste Management reports about 351 M in cash with 4.72 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33.
Check Waste Management Probability Of Bankruptcy
Ownership Allocation
Waste Management retains a total of 401.37 Million outstanding shares. The majority of Waste Management outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Waste Management to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Waste Management. Please pay attention to any change in the institutional holdings of Waste Management as this could imply that something significant has changed or is about to change at the company. On November 11, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Waste Management's common stock.
Check Waste Ownership Details

Waste Stock Institutional Holders

InstituionRecorded OnShares
Wells Fargo & Co2024-06-30
4.1 M
Nordea Investment Mgmt Bank Demark A/s2024-09-30
M
Legal & General Group Plc2024-06-30
3.8 M
Pictet Asset Manangement Sa2024-06-30
3.7 M
Lazard Asset Management Llc2024-06-30
3.6 M
Northern Trust Corp2024-09-30
3.5 M
Amundi2024-06-30
3.4 M
Bank Of New York Mellon Corp2024-06-30
2.9 M
Clearbridge Advisors, Llc2024-09-30
2.7 M
Vanguard Group Inc2024-09-30
36.8 M
Gates Bill & Melinda Foundation2024-09-30
32.2 M
View Waste Management Diagnostics

Waste Management Historical Income Statement

At this time, Waste Management's Operating Income is very stable compared to the past year. As of the 30th of November 2024, Net Income is likely to grow to about 2.4 B, while Interest Expense is likely to drop about 276.7 M. View More Fundamentals

Waste Stock Against Markets

Waste Management Corporate Directors

Victoria HoltIndependent DirectorProfile
Sean MenkeIndependent DirectorProfile
Andres GluskiIndependent DirectorProfile
Maryrose SylvesterIndependent DirectorProfile

Already Invested in Waste Management?

The danger of trading Waste Management is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Waste Management is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Waste Management. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Waste Management is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.