WM
Waste ManagementPrevious close
233.45
Change
+2.55 / +1.10%
P/E (TTM) ?
29.3
Market Cap
$95.7B
1M
+14.48%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.6M / 2.8M
0.94× average
Latest earnings analysisFY2026 Q2Reported 2026-07-28
WM Q2 2026: revenue up 4.0% to $6.68B, adjusted EPS $2.02, cash flow +34.5%
WM's second quarter of 2026 was a solid operating quarter with a slightly soft bottom line: revenue rose 4.0% to $6.68 billion, adjusted earnings per share of $2.02 came in just under the $2.0394 consensus, and free cash flow was $1.10 billion versus $818 million a year ago. Read this as a pricing-and-cash-flow story rather than a growth story, because volumes fell 1.8% and management trimmed its full-year revenue range while leaving profit and cash targets untouched.
Read the full analysis →Revenue$6.68BYoY +4.00%
EPS (non-GAAP)$2.02Missest. $2.04
Next-quarter revenue guidance$26.38B ±0.4%YoY +294.60%
Next-day move−1.17%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-28 | $6.7B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-28 | $6.2B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-28 | $25.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-27 | $6.4B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-28 | $6.4B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-28 | $6.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 8 of its 5-year rangeCheap
5-year range 28.6 – 36.7 · Median 33.4
Last 4 quarters: $1.6B in buybacks + $1.5B in dividends, 3.19% of market cap combined
P/E (TTM)
29.3
P/B
9.1
P/S
3.5
Dividend Yield
1.66%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.3% on average on the first trading day after, rising 2 times
Most recent −1.17%
Volatility & Correlation
1-year beta -0.42 · Correlation with S&P 500 -0.26Low beta
Annualized volatility 21% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.30MNet selling $0.30M
- 09-04Carroll John A.VP & Chief Accounting OfficerSell$0.30M1,365 shares · Avg price 219.90
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 6.85 | +6.3% | 40.2% | 0.82 | 2.05 |
| FY2026 Q2 | 6.68 | +4.0% | 40.8% | 0.79 | 1.95 |
| FY2026 Q1 | 6.23 | +3.5% | 40.7% | 0.72 | 1.79 |
| FY2025 Q4 | 6.31 | +7.1% | 39.8% | 0.74 | 1.83 |
| FY2025 Q3 | 6.44 | +14.9% | 41.1% | 0.60 | 1.49 |
| FY2025 Q2 | 6.43 | +19.0% | 40.9% | 0.73 | 1.80 |
| FY2025 Q1 | 6.02 | +16.7% | 40.0% | 0.64 | 1.58 |
| FY2024 Q4 | 5.89 | +13.0% | 39.7% | 0.60 | 1.49 |
| FY2024 Q3 | 5.61 | +7.9% | 39.4% | 0.76 | 1.88 |
| FY2024 Q2 | 5.40 | +5.5% | 39.1% | 0.68 | 1.69 |
| FY2024 Q1 | 5.16 | +5.5% | 39.1% | 0.71 | 1.75 |
| FY2023 Q4 | 5.22 | +5.7% | 39.7% | 0.49 | 1.22 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| WM | 29.3 | +6.3% | 40.2% | +14.48% | Neutral |
| SPCX | — | +161.4% | 62.4% | −10.70% | Bullish |
| CAT | 26.8 | +24.0% | 37.8% | −23.19% | Bullish |
| GE | 35.1 | +15.9% | — | −3.36% | Bullish |
| RTX | 32.0 | +11.1% | — | +7.62% | Bullish |
| GEV | 22.8 | +26.8% | 24.6% | −9.74% | Bullish |
| UNP | 23.6 | +15.3% | — | +11.71% | Bullish |
| DE | 36.7 | +4.9% | — | +0.59% | Bullish |
| ETN | 38.6 | +21.4% | 33.5% | −13.90% | Bullish |