Waste Management Past Earnings Performance

Past criteria checks 4/6

Waste Management has been growing earnings at an average annual rate of 8.7%, while the Commercial Services industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 7.6% per year. Waste Management's return on equity is 34.6%, and it has net margins of 12%.

Key information

8.7%

Earnings growth rate

9.9%

EPS growth rate

Commercial Services Industry Growth8.5%
Revenue growth rate7.6%
Return on equity34.6%
Net Margin12.0%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

The Returns At Waste Management (NYSE:WM) Aren't Growing

May 22
The Returns At Waste Management (NYSE:WM) Aren't Growing

Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

May 09
Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Waste Management: An Updated View On The Valuation, In Light Of The Latest Earnings

May 01

Waste Management, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Apr 27
Waste Management, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E

Apr 18
What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E

Waste Management: Sometimes Boring Makes Best

Mar 17

Waste Management: 18% Per Year Since 2014, Is It Unstoppable?

Feb 26

Waste Management: A Deep Dive Into A Recession-Proof Dividend Stock

Feb 06

Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Feb 05
Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Waste Management: A Great Dividend Grower For A Watch List

Jan 24

Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet

Jan 22
Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet

Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely

Jan 08
Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely

Waste Management's Dividend Growth Potential Remains Impressive

Jan 04

Waste Management's (NYSE:WM) Returns Have Hit A Wall

Dec 25
Waste Management's (NYSE:WM) Returns Have Hit A Wall

Waste Management: A Monotonous Dividend Grower That Could Help You Sleep Well At Night

Dec 22

Why I'm Not A Buyer Of Waste Management

Nov 30

Waste Management Can't Justify Its Valuation

Nov 15

Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Oct 30
Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Time To Sell Waste Management, A High Debt And Low Growth Trash Collector

Oct 30

Waste Management: Renewable Energy And Recycling Investments Look Promising But Valuation Poses Risks

Oct 24

Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly

Oct 01
Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly

Waste Management: A Solid Business, But Valuation Is Stretched

Sep 28

Why Waste Management Is Not An Investment Yet At This Price

Sep 19

Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)

Sep 15
Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)

Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors

Aug 31
Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors

Waste Management Is A Superior Dividend Stock - I Want In

Aug 21

Waste Management: We See Limited Upside Potential At The Current Price Levels

Jul 20

Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Jul 03
Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)

Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Jun 19
Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly

Trash To Cash: Waste Management - Dividends Done Right

Jun 16

Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger

Jun 05
Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger

We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

May 22
We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

Mar 29
Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)

These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well

Mar 17
These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well

Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down

Feb 22
Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down

Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70

Feb 10
Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70

Waste Management: There May Not Be A Better Dividend Growth Stock

Feb 09

Waste Management Non-GAAP EPS of $1.30 misses by $0.12, revenue of $4.94B misses by $40M

Feb 01

We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

Jan 16
We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease

My 'Defensive DGI Portfolio' #2: Waste Management

Jan 04

Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price

Dec 19
Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price

WM to hike quarterly dividend to $0.70 from 1Q23, announces $1.5B buyback

Dec 09

We Think Waste Management (NYSE:WM) Can Stay On Top Of Its Debt

Dec 05
We Think Waste Management (NYSE:WM) Can Stay On Top Of Its Debt

Returns On Capital At Waste Management (NYSE:WM) Have Stalled

Nov 09
Returns On Capital At Waste Management (NYSE:WM) Have Stalled

Revenue & Expenses Breakdown

How Waste Management makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:WM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2420,6932,4791,9410
31 Dec 2320,4262,3041,9260
30 Sep 2320,1442,3101,9000
30 Jun 2320,0212,2861,9030
31 Mar 2319,9292,2581,9230
31 Dec 2219,6982,2381,9380
30 Sep 2219,4412,2451,9430
30 Jun 2219,0312,1441,9390
31 Mar 2218,4801,9081,8970
31 Dec 2117,9311,8161,8640
30 Sep 2117,3201,7481,7320
30 Jun 2116,5161,6001,6790
31 Mar 2115,6011,5561,6110
31 Dec 2015,2181,4961,7280
30 Sep 2014,9971,5051,6630
30 Jun 2015,1031,6101,6330
31 Mar 2015,4881,6841,6470
31 Dec 1915,4551,6701,6310
30 Sep 1915,4511,7541,5560
30 Jun 1915,3061,7581,5150
31 Mar 1915,0991,8761,4890
31 Dec 1814,9141,9251,4530
30 Sep 1814,7242,2971,4520
30 Jun 1814,6182,1841,4630
31 Mar 1814,5562,0471,4510
31 Dec 1714,4851,9491,4680
30 Sep 1714,2931,3811,4770
30 Jun 1714,1251,2971,4510
31 Mar 1713,8731,2221,4380
31 Dec 1613,6091,1821,4100
30 Sep 1613,3951,1201,3750
30 Jun 1613,2071,1531,3750
31 Mar 1613,0971,1401,3570
31 Dec 1512,9617531,3430
30 Sep 1513,1521,0701,3450
30 Jun 1513,3941,0051,3920
31 Mar 1513,6409411,4230
31 Dec 1413,9961,2981,4810
30 Sep 1414,0591031,4810
30 Jun 1414,0781241,4530
31 Mar 1414,0431581,4530
31 Dec 1313,983981,4680
30 Sep 1313,9179271,4480
30 Jun 1313,7578501,4340

Quality Earnings: WM has high quality earnings.

Growing Profit Margin: WM's current net profit margins (12%) are higher than last year (11.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WM's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: WM's earnings growth over the past year (9.8%) exceeds its 5-year average (8.7% per year).

Earnings vs Industry: WM earnings growth over the past year (9.8%) did not outperform the Commercial Services industry 12.5%.


Return on Equity

High ROE: Whilst WM's Return on Equity (34.63%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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