Waste Management Balance Sheet Health
Financial Health criteria checks 2/6
Waste Management has a total shareholder equity of $9.2B and total debt of $22.7B, which brings its debt-to-equity ratio to 247.2%. Its total assets and total liabilities are $45.7B and $36.5B respectively. Waste Management's EBIT is $4.4B making its interest coverage ratio 5.6. It has cash and short-term investments of $440.0M.
Key information
247.15%
Debt to equity ratio
US$22.74b
Debt
| Interest coverage ratio | 5.6x |
| Cash | US$440.00m |
| Equity | US$9.20b |
| Total liabilities | US$36.52b |
| Total assets | US$45.72b |
Recent financial health updates
Recent updates
Waste Management: An Overvalued Giant (Ratings Downgrade)
Aug 20The Price Is Right For Waste Management, Inc. (NYSE:WM)
Jul 19
Estimating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Jul 03Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger
May 11Is Waste Management (NYSE:WM) A Risky Investment?
Apr 26Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Mar 24Unpleasant Surprises Could Be In Store For Waste Management, Inc.'s (NYSE:WM) Shares
Mar 10Waste Management Could See Further Upside
Feb 28Waste Management's (NYSE:WM) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 21Waste Management: Buying At Around $200 Would Be Ideal
Feb 14We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease
Feb 12Waste Management: Time To Buy The Dip
Jan 03There's Been No Shortage Of Growth Recently For Waste Management's (NYSE:WM) Returns On Capital
Dec 28Waste Management: Good Growth Prospects And Attractively Valued
Dec 17Calculating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Dec 01Analysts Are Betting On Waste Management, Inc. (NYSE:WM) With A Big Upgrade This Week
Nov 07Some Confidence Is Lacking In Waste Management, Inc.'s (NYSE:WM) P/E
Oct 30Waste Management Remains Expensive
Oct 20Waste Management: A Trash Stock To Make Your Dividend Treasure
Oct 02With EPS Growth And More, Waste Management (NYSE:WM) Makes An Interesting Case
Sep 24
WM's Eco-Friendly Strategies And Smart Investments Promise Bright Financial Future
WM's disciplined pricing and cost optimization strategies aim to improve profitability, reduce churn, and enhance operating EBITDA margin.Here's What To Make Of Waste Management's (NYSE:WM) Decelerating Rates Of Return
Sep 12Waste Management: Still An Appealing Opportunity As Its Big Purchase Nears Completion
Sep 10Waste Management: Anti-Recession Stock Beats The S&P 500
Aug 24Wide-Moat Dividends, Why Waste Management Remains On My Buy List
Jul 27Waste Management: Taking A Wait And See Approach On Stericycle Deal
Jun 03Waste Management: An Updated View On The Valuation, In Light Of The Latest Earnings
May 01Waste Management: Sometimes Boring Makes Best
Mar 17Waste Management: 18% Per Year Since 2014, Is It Unstoppable?
Feb 26Financial Position Analysis
Short Term Liabilities: WM's short term assets ($5.0B) do not cover its short term liabilities ($5.8B).
Long Term Liabilities: WM's short term assets ($5.0B) do not cover its long term liabilities ($30.7B).
Debt to Equity History and Analysis
Debt Level: WM's net debt to equity ratio (242.4%) is considered high.
Reducing Debt: WM's debt to equity ratio has increased from 175.9% to 247.2% over the past 5 years.
Debt Coverage: WM's debt is well covered by operating cash flow (24.7%).
Interest Coverage: WM's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/28 16:07 |
| End of Day Share Price | 2025/08/28 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Waste Management, Inc. is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| David Manthey | Baird |
| Jonathan Windham | Barclays |