Waste Management Past Earnings Performance
Past criteria checks 5/6
Waste Management has been growing earnings at an average annual rate of 8.7%, while the Commercial Services industry saw earnings growing at 11.3% 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 Growth | 8.5% |
| Revenue growth rate | 7.6% |
| Return on equity | 34.6% |
| Net Margin | 12.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
What You Can Learn From Waste Management, Inc.'s (NYSE:WM) P/E
Apr 18
Waste Management: Sometimes Boring Makes Best
Mar 17Waste Management: 18% Per Year Since 2014, Is It Unstoppable?
Feb 26Waste Management: A Deep Dive Into A Recession-Proof Dividend Stock
Feb 06Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Feb 05Waste Management: A Great Dividend Grower For A Watch List
Jan 24Waste Management (NYSE:WM) Has A Pretty Healthy Balance Sheet
Jan 22Getting In Cheap On Waste Management, Inc. (NYSE:WM) Is Unlikely
Jan 08Waste Management's Dividend Growth Potential Remains Impressive
Jan 04Waste Management's (NYSE:WM) Returns Have Hit A Wall
Dec 25Waste Management: A Monotonous Dividend Grower That Could Help You Sleep Well At Night
Dec 22Why I'm Not A Buyer Of Waste Management
Nov 30Waste Management Can't Justify Its Valuation
Nov 15Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Oct 30Time To Sell Waste Management, A High Debt And Low Growth Trash Collector
Oct 30Waste Management: Renewable Energy And Recycling Investments Look Promising But Valuation Poses Risks
Oct 24Waste Management (NYSE:WM) Seems To Use Debt Quite Sensibly
Oct 01Waste Management: A Solid Business, But Valuation Is Stretched
Sep 28Why Waste Management Is Not An Investment Yet At This Price
Sep 19Investors Met With Slowing Returns on Capital At Waste Management (NYSE:WM)
Sep 15Here's Why Waste Management (NYSE:WM) Has Caught The Eye Of Investors
Aug 31Waste Management Is A Superior Dividend Stock - I Want In
Aug 21Waste Management: We See Limited Upside Potential At The Current Price Levels
Jul 20Calculating The Fair Value Of Waste Management, Inc. (NYSE:WM)
Jul 03Here's Why Waste Management (NYSE:WM) Can Manage Its Debt Responsibly
Jun 19Trash To Cash: Waste Management - Dividends Done Right
Jun 16Waste Management (NYSE:WM) Has Some Way To Go To Become A Multi-Bagger
Jun 05We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease
May 22Estimating The Intrinsic Value Of Waste Management, Inc. (NYSE:WM)
Mar 29These 4 Measures Indicate That Waste Management (NYSE:WM) Is Using Debt Reasonably Well
Mar 17Returns At Waste Management (NYSE:WM) Appear To Be Weighed Down
Feb 22Waste Management (NYSE:WM) Is Increasing Its Dividend To $0.70
Feb 10Waste Management: There May Not Be A Better Dividend Growth Stock
Feb 09Waste Management Non-GAAP EPS of $1.30 misses by $0.12, revenue of $4.94B misses by $40M
Feb 01We Ran A Stock Scan For Earnings Growth And Waste Management (NYSE:WM) Passed With Ease
Jan 16My 'Defensive DGI Portfolio' #2: Waste Management
Jan 04Waste Management, Inc.'s (NYSE:WM) Intrinsic Value Is Potentially 19% Below Its Share Price
Dec 19WM to hike quarterly dividend to $0.70 from 1Q23, announces $1.5B buyback
Dec 09We Think Waste Management (NYSE:WM) Can Stay On Top Of Its Debt
Dec 05Returns On Capital At Waste Management (NYSE:WM) Have Stalled
Nov 09Waste Management declares $0.65 dividend
Nov 08Waste Management Q3 2022 Earnings Preview
Oct 25Waste Management: Buy This Wonderful Company At A Fair Price
Oct 17Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Waste Management makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 20,693 | 2,479 | 1,941 | 0 |
| 31 Dec 23 | 20,426 | 2,304 | 1,926 | 0 |
| 30 Sep 23 | 20,144 | 2,310 | 1,900 | 0 |
| 30 Jun 23 | 20,021 | 2,286 | 1,903 | 0 |
| 31 Mar 23 | 19,929 | 2,258 | 1,923 | 0 |
| 31 Dec 22 | 19,698 | 2,238 | 1,938 | 0 |
| 30 Sep 22 | 19,441 | 2,245 | 1,943 | 0 |
| 30 Jun 22 | 19,031 | 2,144 | 1,939 | 0 |
| 31 Mar 22 | 18,480 | 1,908 | 1,897 | 0 |
| 31 Dec 21 | 17,931 | 1,816 | 1,864 | 0 |
| 30 Sep 21 | 17,320 | 1,748 | 1,732 | 0 |
| 30 Jun 21 | 16,516 | 1,600 | 1,679 | 0 |
| 31 Mar 21 | 15,601 | 1,556 | 1,611 | 0 |
| 31 Dec 20 | 15,218 | 1,496 | 1,728 | 0 |
| 30 Sep 20 | 14,997 | 1,505 | 1,663 | 0 |
| 30 Jun 20 | 15,103 | 1,610 | 1,633 | 0 |
| 31 Mar 20 | 15,488 | 1,684 | 1,647 | 0 |
| 31 Dec 19 | 15,455 | 1,670 | 1,631 | 0 |
| 30 Sep 19 | 15,451 | 1,754 | 1,556 | 0 |
| 30 Jun 19 | 15,306 | 1,758 | 1,515 | 0 |
| 31 Mar 19 | 15,099 | 1,876 | 1,489 | 0 |
| 31 Dec 18 | 14,914 | 1,925 | 1,453 | 0 |
| 30 Sep 18 | 14,724 | 2,297 | 1,452 | 0 |
| 30 Jun 18 | 14,618 | 2,184 | 1,463 | 0 |
| 31 Mar 18 | 14,556 | 2,047 | 1,451 | 0 |
| 31 Dec 17 | 14,485 | 1,949 | 1,468 | 0 |
| 30 Sep 17 | 14,293 | 1,381 | 1,477 | 0 |
| 30 Jun 17 | 14,125 | 1,297 | 1,451 | 0 |
| 31 Mar 17 | 13,873 | 1,222 | 1,438 | 0 |
| 31 Dec 16 | 13,609 | 1,182 | 1,410 | 0 |
| 30 Sep 16 | 13,395 | 1,120 | 1,375 | 0 |
| 30 Jun 16 | 13,207 | 1,153 | 1,375 | 0 |
| 31 Mar 16 | 13,097 | 1,140 | 1,357 | 0 |
| 31 Dec 15 | 12,961 | 753 | 1,343 | 0 |
| 30 Sep 15 | 13,152 | 1,070 | 1,345 | 0 |
| 30 Jun 15 | 13,394 | 1,005 | 1,392 | 0 |
| 31 Mar 15 | 13,640 | 941 | 1,423 | 0 |
| 31 Dec 14 | 13,996 | 1,298 | 1,481 | 0 |
| 30 Sep 14 | 14,059 | 103 | 1,481 | 0 |
| 30 Jun 14 | 14,078 | 124 | 1,453 | 0 |
| 31 Mar 14 | 14,043 | 158 | 1,453 | 0 |
| 31 Dec 13 | 13,983 | 98 | 1,468 | 0 |
| 30 Sep 13 | 13,917 | 927 | 1,448 | 0 |
| 30 Jun 13 | 13,757 | 850 | 1,434 | 0 |
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%) exceeded the Commercial Services industry -7.5%.
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.