Waste Management, Inc.


Market Cap$79.96B

Compare Waste Management

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Waste Management, Inc.Waste Management, Inc.34.71.4%33%4.12.4
marketMarket Avg49.51.28%13%6.20.1
UtilitiesUtilities Avg10.82.93%11%2.91.8

Earnings Call Q4 2023

February 13, 2024 - AI Summary

WM delivered strong financial results in Q4 2023, with operating EBITDA growing by 15% and full-year operating EBITDA exceeding the high-end of guidance.
The company's disciplined organic revenue growth exceeded expectations, driven by pricing initiatives and improved cost optimization.
Operating expenses as a percentage of revenue improved by 240 basis points year-over-year, primarily due to labor efficiency and repair and maintenance cost management.
WM expects operating EBITDA to grow by 7.7% in 2024, with sustainability growth investments contributing $115 million to this growth.
The company plans to invest $2.8 billion to $2.9 billion in sustainability projects from 2022 through 2026, expecting these projects to contribute run rate adjusted operating EBITDA of about $800 million by the end of 2026.
WM remains committed to capital allocation priorities, including investing in sustainability growth projects, acquiring accretive businesses, and returning cash to shareholders through dividends and share repurchases.

Current Fair Value

2.5% downside

Overvalued by 2.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$79.96 Billion
Enterprise Value$95.73 Billion
Dividend Yield$2.7821 (1.4%)
Earnings per Share$5.66
Outstanding Shares401,598,077
Avg 30 Day Volume1,846,340


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio34.71
Price to Sales4.14
Price to Book Ratio12.19
Enterprise Value to Revenue4.69
Enterprise Value to EBIT25.44
Enterprise Value to Net Income41
Total Debt to Enterprise0.17
Debt to Equity2.35

Revenue Sources

No data

ESG Score

No data

About Waste Management, Inc.

CEO: James Fish