The Tip Desk

WASTE MANAGEMENT INC

Company Stats

Market Cap
$81.5B
as of Sep 30, 2026
Enterprise Value
$104.2B
Shares Outstanding
399.7M
Free Float
91.1%

Income Statement

Revenue
$25.2B
Operating Income
$4.3B
Net Income
$2.7B
EBITDA
$7.2B
Non-cash Impairment
$232.0M
Revenue Growth, 3Y
8.6%
FCF Margin, 3Y Avg
10.0%
FCF Margin, Worst Year
8.9%

Cash Flow

Free Cash Flow
$2.8B
FCF Yield
3.5%
Owner FCF Yield
3.2%

Balance Sheet

Cash & Equivalents
$201.0M
Total Debt
$22.9B
Net Debt
$22.7B
Net Debt / EBITDA
3.17x
EV / EBITDA
14.53x
Net Debt / EBIT
5.27x

Returns & Capital

Dividends Paid
$1.3B
Dividend Yield
1.6%
Dividend Payout, 3Y Avg
47.5%
SBC, 3Y Avg
$126.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$25.2B$2.8B11.2%
FY2024$22.1B$2.2B9.8%
FY2023$20.4B$1.8B8.9%
FY2022$19.7B$1.7B8.8%
FY2021$17.9B$2.3B12.8%

Annual filing data through FY ended December 31, 2025; shares and float as of October 22, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage