WM Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $239.38
Market Cap (MRQ) $95.75B
P/E (TTM) 33.9
EPS (TTM) $7.06
Revenue (TTM) $25.67B
Div Yield 0.89%
ROE (TTM) 29.8%
52W Range $194–$248

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About Waste Management, Inc. Common Stock Company overview from Wikipedia

05 · wikidata

Waste Management, Inc., doing business as WM, is a waste management an American company operating in North America. Founded in 1968, the company is headquartered in the Bank of America Tower in Houston, Texas.

The company's network includes 337 transfer stations, 254 active landfills, 97 recycling plants, 135 landfill gas utilization projects, and six power plants. WM serves approximately 21 million residential, industrial, municipal, and commercial customers across the United States, Canada, and Puerto Rico. The company operates the industry's largest trucking fleet, with 26,000 collection and transfer vehicles. WM and its largest competitor, Republic Services, Inc., manage more than half of the garbage collection in the United States.

History

In 1893, Dutch immigrant Harm Huizenga began a garbage hauling business in Chicago, charging $1.25 per wagon. In 1968, his grandson Wayne Huizenga, along with Dean Buntrock and Larry Beck, founded Waste Management, Inc. and expanded by acquiring many of the smaller garbage collection services across the country. The company went public in 1971 and reached $82 million in revenue by 1972. At that time, it served 60,000 commercial and industrial accounts and 600,000 residential customers across 19 states and two Canadian provinces. In the 1980s, Waste Management became the largest waste hauler in the United States after acquiring Service Corporation of America (SCA).

From 1992 to 1997, executive officers at Waste Management, Inc. engaged in widespread accounting manipulation to artificially inflate the company's financial performance. This systematic effort involved mismanaged expense reports, such as refusing to write off costs from failed projects and improperly capitalizing various operating costs. The executives further distorted the balance sheet by establishing inflated environmental reserves during acquisitions to offset unrelated expenses, failing to set aside sufficient funds for income taxes, and manipulating depreciation schedules for equipment like garbage trucks. Additional tactics included assigning arbitrary salvage values to assets and utilizing "netting" and "geography" entries to obscure hundreds of millions of dollars in expenses behind unrelated gains or different income statement line items. Although leadership was accused of forcing the financial statements to meet desired targets, the top officers eventually settled with the federal government for $30.8 million in 2005 without admitting to any wrongdoing.

When a new CEO took charge of the company in 1997, he ordered a review of the company's accounting practices. In 1998 Waste Management restated its 1992–1997 earnings by $1.7 billion, making it the largest restatement in history.

In 1998, Waste Management merged with USA Waste Services, Inc. USA Waste Services CEO John E. Drury retained the chairmanship and CEO position of the combined company. Waste Management then relocated its headquarters from Chicago to Houston. The merged company retained the Waste Management brand. In late 1999, John Drury stepped down as chairman due to brain surgery. Rodney R. Proto then took the position of chairman and CEO. That year also brought trouble for the newly expanded company in the form of an accounting scandal.

In November 1999, a new CEO was appointed to oversee the company's recovery. The company has since implemented new technologies, safety standards, and operational practices.

On July 14, 2008, Waste Management made a $34 per share all-cash bid to acquire Republic Services, Inc., later raising it to $37 per share. Republic Services rejected both bids. On October 13, 2008, Waste Management withdrew the offer, citing financial market turmoil.

In 2015, Winters Brothers assumed all of WM's operations in Connecticut and New York (excluding New York City) and continues to service these regions under contract with the company.

In February 2022, CEO Jim Fish announced the company would shorten its trade name to "WM". This rebranding was intended to reflect a shift toward sustainability and environmental services, such as compressed natural gas and landfill gas utilization.

In May 2024, WM announced a $7.2 billion deal to acquire Stericycle, an Illinois-based medical waste and paper shredding company. The acquisition was completed in November 2024.

Recycling

As of 2023, WM operated 97 recycling facilities. WM has also participated in recycling-focused initiatives with other companies:

LG Electronics for electronic waste recycling

Live Nation Entertainment for recycling at sports and music venues

PepsiCo for beverage container recycling

Valero Energy for waste-to-fuel conversion technology

Enerkem for converting waste to ethanol

International

In 2009, Waste Management purchased a 40-percent stake in Shanghai Environment Group Co. Ltd. (SEG), a wholly owned subsidiary of Shanghai Chengtou Holding Co. Ltd. SEG sought the investment in order to benefit from Waste Management's experience in the waste disposal field, as well as improve their technology for waste disposal.

Corporate issues

1995 lawsuit

Shareholders sued Wheelabrator Technologies's (WTI) board of directors for breach of their fiduciary duty, challenging the merger of WTI into Waste Management. In 1995, the case, In re Wheelabrator Technologies, Inc. Shareholders Litigation, came before the Court of Chancery of Delaware on an appeal regarding the Board's motion for summary judgment. The shareholders argued the Board breached their duty of care because there was not sufficient process, they didn't look at alternative transactions, didn't consider information regarding waste's legal liabilities, they didn't appoint a committee of independent directors to negotiate the merger, and they didn't adequately consider the terms of the merger; they breached their duty of loyalty, and; they breached their duty to disclose relevant information regarding the merger. Ultimately, the court dismissed the duty of disclosure claim but allowed the duty of loyalty claim to a degree. In regards to the duty of loyalty claim, the court disagreed with both the shareholders and the Board. It labelled the merger as an interested transaction, not a controlled shareholder transaction, so the business judgment rule applies and the burden to prove waste is on the shareholders.

Accounting improprieties

Revelations of irregular accounting led to a major drop in stock price and to the replacement of top executives after a new CEO ordered a review of the company's accounting practices in 1998. Waste Management's shareholders lost more than $6 billion in the market value of their investments when the stock price plummeted by more than 33%. The company had augmented the depreciation time length for their property, plant, and equipment, artificially inflating the company's after-tax profits by US$1.7 billion. On July 8, 1999, a class action lawsuit was filed against WMI and certain officers for issuing false statements. Waste Management paid US$457 million to settle a shareholder class-action suit in 2003. The SEC fined Waste Management's independent auditor, Arthur Andersen, US$7 million for its role.

ERP software implementation failure

In 2005, Waste Management entered into a software licensing agreement (SLA) with SAP AG. Under the agreement, SAP and its wholly owned subsidiary, Tomorrow Now, were to implement SAP's enterprise resource planning software. The implementation began when an eight-month pilot program was established in Waste Management's New Mexico market area, the market-share area at the time. This initial implementation was to be followed in two months with a company-wide implementation from Waste Management's headquarters in Houston, Texas.

In December 2007, Waste Management ended their ERP implementation effort. Waste Management characterized the ERP implementation as non-functional. An SAP sponsored "Solution Review" determined that a customized ERP, based upon an updated SAP ERP, would need to be made in order to accommodate a company-wide implementation.

Waste Management sued SAP for the US$100 million to recover the funds it had spent on the failed ERP implementation. In the lawsuit, Waste Management accused SAP of fraud and deception. SAP countered that Waste Management failed to present knowledgeable workers and accurate business models and failed to migrate data from legacy systems. The suit concluded in 2010 under confidential terms and a one-time payment from SAP to Waste Management disclosed to the SEC.

Labor relations

In 2007, Waste Management locked out Teamsters at its largest hauling operation in Alameda County, CA. The lockout lasted a little less than a month and put 900 members of the Teamsters, ILWU, and Machinists Union on picket lines and raised concerns over sanitary impact on the affected communities. The lockout was stopped when affected communities started legal actions against Waste Management. According to Waste Management officials, the company worked over three months to negotiate an agreement fair to both Waste Management and the union. The union did not want to negotiate over the company's proposals and refused to offer their own proposal unless Waste Management agreed to withdraw all proposals from the table. Oakland's City Council reached a settlement with Waste Management over the dispute in March, 2008. The company rebated more than $3 million to customers and Oakland customers received additional services over the next five years.

Environmental policy and record

In 1990, the board of Waste Management adopted an environmental policy, including a policy of no-net-loss of biodiversity on the company's properties. Waste Management also took positions around that time supporting legislation on hazardous waste reduction (1988), waste export control (1989), and protection of endangered species (1992).

Waste Management's operations consist of environmental protection, groundwater protection, environmental engineering, and air and gas management. Waste Management currently operates ten full-scale waste treatment landfill projects in the U.S. and Canada. As a member of the Chicago Climate Exchange (CCX), Waste Management made a commitment during the pilot phase to reduce its greenhouse gas emissions by four percent below the average of its 1998–2001 baseline by 2006. They have also replaced nearly 500 diesel-fueled trucks with vehicles that run on 100 percent natural gas. These new garbage and recycling trucks comprise one of the nation's largest fleets of heavy-duty trucks powered exclusively by natural gas.

In November 2009, at Waste Management's Altamont Landfill, a new plant began producing 13,000 gallons a day of LNG fuel from methane gas from the landfill that had fueled an electric power plant since 1969. Waste Management has said that the plant, announced in April 2008, and built and operated by The Linde Group with state funding, is the world's largest facility to convert landfill gas into vehicle fuel.

Waste Management works with environmental groups in the U.S. to set aside land to create and manage wetlands and wildlife habitats. The company's landfills currently provide approximately 21,000 acres (85 km2) of protected land for wildlife; 73 landfills are certified by the Wildlife Habitat Council.

In May 2011, Waste Management's Wheelabrator division agreed to pay a record $7.5 million settlement with the Commonwealth of Massachusetts for a host of environmental violations at its plants in North Andover, Saugus, and Millbury, Massachusetts. The settlement was announced on May 2, 2011, by the Massachusetts Department of Environmental Protection and Attorney General Martha Coakley's office.

Financial restatements

On November 14, 1997, the company reclassified or adjusted certain items in its financial statements for 1996 and the first nine months of 1997.

On August 3, 1999, the company would have to restate first-quarter results downward, partly because of changes in the value of landfills and other

assets in connection with its acquisition last year of Wheelabrator Technologies Inc.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryCommercial Services & Supplies employees60,500 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$25.20B
2016-12-31 → 2025-12-31
EPS$6.70
2016-12-31 → 2025-12-31
Free Cash Flow$2.82B
2016-12-31 → 2025-12-31
Net margin11.1%
2016-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend WM 5Y avg Peer Median Verdict
P/E (TTM) 33.95Y avg ≈32.4 ≈32.4 28.9 Overvalued
P/S (TTM) 3.75Y avg ≈3.5 ≈3.5 3.0 Pricier
P/B (MRQ) 9.65Y avg ≈9.6 ≈9.6 5.7 Overvalued
Price / FCF (TTM) 26.85Y avg ≈36.4 ≈36.4 · ·
Price / Cash Flow (TTM) 14.75Y avg ≈14.8 ≈14.8 15.3 Fair value
Price / Tangible Book (MRQ) 15.2 · · ·
PEG Ratio ≈2.5 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield0.89%
Payout Ratio49.3%
Annualized Payout≈$3.78Paid quarterly
5Y Div CAGR≈8.6%Per share, split-adjusted
Growth Streak≈22Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Sep 11, 2026$0.95USD≈1.7%
Jun 5, 2026$0.95USD≈1.6%
Mar 13, 2026$0.95USD≈1.4%
Dec 5, 2025$0.83USD≈1.5%
Sep 12, 2025$0.83USD≈1.5%
Jun 6, 2025$0.83USD≈1.3%
Mar 14, 2025$0.83USD≈1.4%
Dec 6, 2024$0.75USD≈1.4%
Sep 13, 2024$0.75USD≈1.4%
Jun 7, 2024$0.75USD≈1.4%
Mar 14, 2024$0.75USD≈1.4%
Nov 30, 2023$0.70USD≈1.6%
Sep 7, 2023$0.70USD≈1.8%
Jun 1, 2023$0.70USD≈1.7%
Mar 9, 2023$0.70USD≈1.8%
Dec 1, 2022$0.65USD≈1.5%
Sep 8, 2022$0.65USD≈1.5%
Jun 2, 2022$0.65USD≈1.5%
Mar 16, 2022$0.65USD≈1.5%
Dec 2, 2021$0.58USD≈1.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -1.7%
Next Report Oct 26, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 27, 2026 $2.02 $2.04 -1.1%
March 31, 2026 $1.81 $1.79 0.89%
Dec. 31, 2025 $1.93 $2.00 -3.5%
Sept. 30, 2025 $1.98 $2.08 -4.8%
June 30, 2025 $1.92 $1.95 -1.7%
March 31, 2025 $1.67 $1.67 0.19%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $25.20B$22.06B$20.43B$19.70B$17.93B$15.22B$15.46B$14.91B$14.48B$13.61B$12.96B$14.00B
Cost of Revenue $15.01B$13.38B$12.61B$12.29B$11.11B$9.34B$9.50B$9.25B$9.02B$8.49B$8.23B$9.00B
SG&A Expense $2.72B$2.26B$1.93B$1.94B$1.86B$1.73B$1.63B$1.45B$1.47B$1.41B$1.34B$1.48B
Operating Expenses $20.90B$18.00B$16.85B$16.33B$14.97B$12.78B$12.75B$12.12B$11.85B$11.31B$10.92B$11.70B
Operating Income $4.31B$4.06B$3.58B$3.37B$2.96B$2.43B$2.71B$2.79B$2.64B$2.30B$2.04B$2.30B
Other Non-op $20M$-11M$6M$-2M$5M$5M$-50M$2M$-8M$-54M$-7M$-29M
Pretax Income $3.43B$3.46B$3.02B$2.92B$2.35B$1.89B$2.10B$2.38B$2.19B$1.82B$1.06B$1.75B
Income Tax $717M$713M$745M$678M$532M$397M$434M$453M$242M$642M$308M$413M
Net Income $2.71B$2.75B$2.30B$2.24B$1.82B$1.50B$1.67B$1.93B$1.95B$1.18B$753M$1.30B
EPS (Basic) $6.72$6.84$5.69$5.42$4.32$3.54$3.93$4.49$4.44$2.66$1.66$2.80
EPS (Diluted) $6.70$6.81$5.66$5.39$4.29$3.52$3.91$4.45$4.41$2.65$1.65$2.79
Shares (Basic) 402,700,000401,500,000404,900,000412,800,000420,400,000423,000,000424,600,000429,100,000438,800,000443,500,000452,700,000462,600,000
Shares (Diluted) 404,200,000403,400,000406,900,000415,000,000422,900,000425,100,000427,500,000432,200,000441,900,000446,500,000455,900,000465,600,000
EBITDA $7.17B$6.33B$5.65B$5.40B·$4.11B$4.28B$4.27B$4.01B$3.60B$3.29B$3.59B
Balance Sheet 25
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $201M$414M$458M$351M$118M$553M$3.56B$61M$22M$32M$39M$1.31B
Receivables $3.44B$3.27B$2.63B$2.46B$2.28B$2.10B$1.95B$1.93B$1.80B$1.70B$1.55B$1.59B
Other Current Assets $429M$467M$303M$284M$270M$239M$223M$207M$202M$122M$120M$176M
Current Assets $4.91B$4.77B$3.80B$3.55B$3.07B$3.54B$6.21B$2.65B$2.69B$2.38B$2.35B$3.53B
PP&E (Net) ······$12.89B$11.94B$11.56B$10.95B$10.66B$10.66B
PP&E (Gross) $45.47B$43.12B$39.79B$37.35B$34.96B$33.48B$31.55B$30.21B$29.26B$28.10B$27.09B$26.62B
Accum. Depreciation $25.10B$23.78B$22.83B$21.63B$20.54B$19.34B$18.66B$18.26B$17.70B$17.15B$16.42B$15.97B
Goodwill $13.88B$13.44B$9.25B$9.32B$9.03B$8.99B$6.53B$6.43B$6.25B$6.21B$5.98B$5.74B
Intangibles $3.77B$4.19B$759M$827M$898M$1.02B$521M$572M$547M$591M$477M$440M
Other Non-current Assets $1.61B$1.57B$1.01B$1.02B$903M$866M$792M$359M$264M$302M$536M$526M
Total Assets $45.84B$44.57B$32.82B$31.37B$29.10B$29.34B$27.74B$22.65B$21.83B$20.86B$20.37B$21.25B
Accounts Payable $1.87B$2.05B$1.71B$1.77B$1.38B$1.12B$1.06B$1.04B$1.04B$799M$721M$740M
Accrued Liabilities $2.21B$2.18B$1.60B$1.62B$1.43B$1.34B$1.33B$1.12B$980M$1.08B$1.06B$1.18B
Current Liabilities $5.52B$6.26B$4.23B$4.39B$4.08B$3.55B$3.14B$3.11B$3.26B$2.79B$2.51B$3.48B
Capital Leases $845M$878M$452M$460M$459M$453M$366M·····
Deferred Tax $3.16B$2.81B$1.83B$1.73B$1.69B$1.81B$1.41B$1.29B$1.25B$1.48B$1.39B$1.34B
Other Non-current Liabilities $1.69B$1.65B$1.09B$1.11B$1.12B$1.05B$912M$553M$755M$695M$839M$709M
Total Liabilities $35.84B$36.31B$25.93B$24.50B$21.97B$21.89B$20.67B$16.37B$15.79B$15.54B$15.00B$15.41B
Common Stock $6M$6M$6M$6M$6M$6M$6M$6M$6M$6M$6M$6M
Retained Earnings $17.23B$15.86B$14.33B$13.17B$12.00B$11.16B$10.59B$9.80B$8.59B$7.39B$6.94B$6.89B
Treasury Stock $12.91B$12.99B$12.75B$11.57B$10.07B$8.88B$8.57B$8.43B$7.52B$6.87B$6.30B$5.64B
AOCI $-10M$-115M$-37M$-69M$17M$39M$-8M$-87M$8M$-80M$-127M$23M
Stockholders' Equity $9.99B$8.25B$6.90B$6.85B$7.12B$7.45B$7.07B$6.28B$6.02B$5.30B$5.34B$5.87B
Liabilities + Equity $45.84B$44.57B$32.82B$31.37B$29.10B$29.34B$27.74B$22.65B$21.83B$20.86B$20.37B$21.30B
Shares Outstanding 630,282,000630,282,000401,500,000630,282,000630,282,000630,282,000630,282,000424,000,000433,300,000439,300,000447,200,000458,500,000
Cash Flow 17
Metric Trend 202520242023202220212020201920182017201620152014
D&A $2.86B$2.27B$2.07B$2.04B$2.00B$1.67B$1.57B$1.48B$1.38B$1.30B$1.25B$1.29B
Stock-based Comp $169M$118M$93M$84M$108M$94M$86M$89M$101M$90M$72M$65M
Deferred Tax $363M$124M$83M$49M$-77M$165M$100M$25M$-251M$73M$30M$-118M
Amort. of Intangibles $421M$180M$129M$129M$143M$107M$106M$101M$96M$100M$76M·
Restructuring $51M$4M$5M$1M$8M$9M$6M$4M·$4M$15M$82M
Other Non-cash $-60M$135M$168M$127M·$-23M$444M$54M$5M$314M$399M$-246M
Operating Cash Flow $6.04B$5.39B$4.72B$4.54B$4.34B$3.40B$3.87B$3.57B$3.18B$3.00B$2.53B$2.33B
CapEx $3.23B$3.23B$2.90B$2.59B$1.90B$1.58B$1.81B$1.67B$1.57B$1.35B$1.23B$1.18B
Investing Cash Flow $-3.57B$-10.60B$-3.09B$-3.06B$-1.89B$-4.85B$-2.38B$-2.17B$-1.62B$-1.93B$-1.61B·
Net Debt Issued ··········$-427M·
Stock Repurchased ·$262M$1.30B$1.50B$1.35B$402M$248M$1.00B$750M$725M$600M$600M
Net Stock Activity ·$-262M$-1.30B$-1.50B·$-402M$-248M$-1.00B$-750M$-725M$-600M$-600M
Dividends Paid $1.33B$1.21B$1.14B$1.08B$970M$927M$876M$802M$750M$726M$695M$693M
Financing Cash Flow $-2.67B$5.16B$-1.52B$-1.22B$-2.90B$-1.56B$1.96B$-1.51B$-1.36B$-1.08B$-2.19B·
Net Change in Cash $-190M$-65M$107M$251M$-454M$-3.00B$3.46B$-110M$199M$-10M$-1.27B$1.25B
Taxes Paid $494M$645M$633M$736M$370M$422M$292M$349M$562M$442M$419M·
Free Cash Flow $2.82B$2.16B$1.82B$1.73B·$1.82B$2.06B$1.90B$1.61B$1.61B$1.27B$1.18B
Profitability 7
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 17.1%18.4%17.5%17.1%·16.0%17.5%18.7%18.2%16.9%15.8%16.4%
Net Margin 10.7%12.4%11.3%11.4%·9.8%10.8%12.9%13.5%8.7%5.8%9.6%
Pretax Margin 13.6%15.7%14.8%14.8%·12.4%13.6%15.9%15.1%13.4%8.2%12.5%
EBITDA Margin 28.4%28.7%27.6%27.4%·27.0%27.7%28.6%27.7%26.4%25.4%25.7%
ROA 6.0%7.1%7.2%7.4%·5.2%6.6%8.7%9.1%5.7%3.6%6.1%
ROE 29.7%36.2%33.5%32.0%·20.6%25.0%31.3%34.4%22.2%13.4%23.1%
ROIC 34.1%39.1%39.0%37.7%·25.8%30.4%36.0%39.0%28.1%27.1%29.9%
Liquidity & Solvency 2
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 0.90.80.90.8·1.02.00.90.80.90.91.0
Quick Ratio 0.70.60.70.6·0.71.80.60.60.60.60.8
Efficiency 2
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.60.60.60.7·0.50.60.70.70.70.60.6
Receivables Turnover 7.57.58.08.3·7.58.08.08.38.48.38.5
Per Share 7
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $24.80$20.55$17.19$16.79·$17.63$16.66$14.80$13.89$12.06$11.95$12.79
Revenue / Share $62.36$54.69$50.20$47.47·$35.80$36.15$34.51$32.78$30.48$28.43$30.06
Cash Flow / Share $14.95$13.36$11.60$10.93·$8.01$9.06$8.26$7.20$6.63$5.48$5.01
Cash / Share $0.50$1.03$1.14$0.86·$1.31$8.39$0.14$0.05$0.07$0.09$2.85
Dividend / Share $3.30$3.00$2.80$2.60$2.30$2.18$2.05$1.86$1.70$1.64$1.54$1.50
Dividend Paid / Share $3.30$3.00$2.80$2.60$2.30$2.18$2.05$1.86$1.70$1.64$1.54$1.50
EPS (TTM) $6.70$6.81$5.66$5.39$4.29$3.52$3.91$4.45$4.41$2.65$1.65$2.79
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 14.2%8.0%3.7%9.8%17.8%·······
Revenue CAGR 3Y 8.6%7.2%10.3%·········
Revenue CAGR 5Y 10.6%···········
EPS YoY -1.6%20.3%5.0%25.6%21.9%·······
EPS CAGR 3Y 7.5%16.7%17.2%·········
EPS CAGR 5Y 13.7%···········
Net Income YoY -1.4%19.2%2.9%23.2%21.4%·······
Net Income CAGR 3Y 6.6%14.8%15.5%·········
Net Income CAGR 5Y 12.6%···········
Dividends Paid CAGR 5Y 7.5%···········
Valuation (TTM) 12
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $25.20B$22.06B$20.43B$19.70B$17.93B$15.22B$15.46B$14.91B$14.48B$13.61B$12.96B$14.00B
Net Income TTM $2.71B$2.75B$2.30B$2.24B$1.82B$1.50B$1.67B$1.93B$1.95B$1.18B$753M$1.30B
Market Cap $88.52B$81.02B$71.91B$63.99B·$49.86B$48.35B$37.73B$37.39B$31.15B$23.87B$23.53B
P/E 32.829.631.629.138.933.529.120.019.626.832.318.4
P/S 3.53.73.53.2·3.33.12.52.62.31.81.7
P/B 8.99.810.49.3·6.76.86.06.25.94.54.0
P / Cash Flow 14.615.015.214.1·14.712.510.611.810.59.610.1
P / FCF 31.437.539.437.1·27.423.519.923.219.318.819.9
Dividend Yield 1.5%1.5%1.6%1.7%·1.9%1.8%2.1%2.0%2.3%2.9%2.9%
Earnings Yield 3.0%3.4%3.2%3.4%2.6%3.0%3.4%5.0%5.1%3.7%3.1%5.4%
Payout Ratio 49.3%44.1%49.3%48.1%·62.0%52.5%41.7%38.5%61.4%92.4%51.8%
Annual Payout $1.33B$1.21B$1.14B$1.08B$970M$927M$876M$802M$750M$726M$695M$693M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $25.20B $22.06B $20.43B $19.70B $17.93B
Operating Margin % 17.1% 18.4% 17.5% 17.1% ·
Net Income $2.71B $2.75B $2.30B $2.24B $1.82B
Diluted EPS $6.70 $6.81 $5.66 $5.39 $4.29

Institutional owners (13F) 2,495 filers · $81.4B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 2,495
Value held $81.4B
New positions 134
Exited positions 106
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
134 (-99 vs prior Q) 106 (-9 vs prior Q) 947 (-10 vs prior Q) 922 (+103 vs prior Q) +8.1M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $8,566,507,621 38,990,067 10.52% Shares
BlackRock, Inc. $6,849,981,403 30,733,944 8.41% Shares
GATES FOUNDATION TRUST $5,955,519,423 26,720,744 7.31% Shares
VANGUARD CAPITAL MANAGEMENT LLC $5,612,055,103 25,179,716 6.89% Shares
STATE STREET CORP $4,013,830,541 18,008,931 4.93% Shares
Capital Research Global Investors $2,326,456,418 10,438,136 2.86% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,255,863,873 10,121,428 2.77% Shares
GEODE CAPITAL MANAGEMENT, LLC $2,013,961,011 9,068,808 2.47% Shares
AMERIPRISE FINANCIAL INC $1,582,964,951 7,086,113 1.94% Shares
MORGAN STANLEY $1,467,644,461 6,584,906 1.80% Shares
NORGES BANK $1,063,503,569 4,771,642 1.31% Shares
ROYAL BANK OF CANADA $1,056,446,000 4,739,983 1.30% Shares
WELLS FARGO & COMPANY/MN $966,203,481 4,335,084 1.19% Shares
PARNASSUS INVESTMENTS, LLC $889,551,448 4,362,257 1.09% Shares
NORTHERN TRUST CORP $837,894,625 3,759,398 1.03% Shares
GOLDMAN SACHS GROUP INC $801,990,722 3,598,308 0.98% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $709,156,068 3,086,105 0.87% Shares
BANK OF AMERICA CORP /DE/ $696,366,952 3,124,403 0.86% Shares
NORDEA INVESTMENT MANAGEMENT AB $657,202,362 2,957,041 0.81% Shares
Amundi $641,451,317 2,878,103 0.79% Shares
Swedbank AB $617,694,535 2,771,422 0.76% Shares
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $613,726,574 2,753,631 0.75% Shares
Legal & General Group Plc $597,396,185 2,680,349 0.73% Shares
Clearbridge Investments, LLC $542,297,434 2,433,136 0.67% Shares
DIMENSIONAL FUND ADVISORS LP $527,565,825 2,366,960 0.65% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $523,404,309 2,348,368 0.64% Shares
JPMORGAN CHASE & CO $502,734,824 2,250,680 0.62% Shares
DEUTSCHE BANK AG\ $492,002,475 2,207,477 0.60% Shares
VANGUARD FIDUCIARY TRUST CO $470,954,132 2,113,039 0.58% Shares
Bank of New York Mellon Corp $457,854,372 2,054,264 0.56% Shares
STIFEL FINANCIAL CORP $448,913,608 2,014,127 0.55% Shares
Invesco Ltd. $444,464,998 1,994,190 0.55% Shares
BARCLAYS PLC $419,937,795 1,884,143 0.52% Shares
RAYMOND JAMES FINANCIAL INC $415,125,913 1,862,554 0.51% Shares
BANK OF MONTREAL /CAN/ $409,652,656 1,837,996 0.50% Shares
UBS Group AG $405,485,362 1,819,299 0.50% Shares
Sustainable Growth Advisers, LP $401,557,632 1,969,192 0.49% Shares
Vontobel Holding Ltd. $378,845,431 1,857,814 0.47% Shares
BROWN BROTHERS HARRIMAN & CO $357,403,975 1,603,571 0.44% Shares
Morgan Stanley Institutional Investment Advisors LLC $322,479,277 1,446,874 0.40% Shares
STOREBRAND ASSET MANAGEMENT AS $309,324,454 1,387,852 0.38% Shares
Nuveen, LLC $303,390,609 1,361,229 0.37% Shares
LAZARD ASSET MANAGEMENT LLC $298,570,110 1,339,600 0.37% Shares
TWO SIGMA INVESTMENTS, LP $297,276,007 1,333,794 0.37% Shares
Mirova US LLC $292,632,971 1,312,962 0.36% Shares
Diamond Hill Capital Management, LLC (Investment Advisor) $262,143,209 1,176,163 0.32% Shares
BANQUE PICTET & CIE SA $261,832,872 1,283,998 0.32% Shares
Swiss National Bank $253,303,120 1,136,500 0.31% Shares
LPL Financial LLC $237,096,764 1,063,787 0.29% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $226,880,250 1,017,948 0.28% Shares

Show all 2,495 institutional owners →

Company insiders 76 insiders · 33 officers · 9 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
David P Steiner President and CEO July 5, 2016 M 884,757 0 0 $0
Robert G Simpson SVP, Chief Financial Officer March 9, 2011 A 110,033 0 0 $0
Mark A Weidman President, Wheelabrator Aug. 21, 2014 G 57,677 0 0 $0
William K Caesar President, Recycle America March 7, 2014 A 14,108 0 0 $0
Patrick J Derueda President, Recycle America March 9, 2011 A 31,515 0 0 $0
Lawrence Odonnell III President and COO March 9, 2010 A 282,594 0 0 $0
Drennan J Lowell President, Wheelabrator March 4, 2006 F 16,556 0 0 $0
Domenic Pio President, Canadian Waste March 4, 2005 F 13,894 0 0 $0
John A. Carroll VP & Chief Accounting Officer Sept. 4, 2026 S 3,509 0 5 $-608,128
Kimberly G. Stith SVP - Chief HR Officer Sept. 3, 2026 F 4,480 0 2 $-39,591
Rafael Carrasco SVP of Enterprise Strategy June 5, 2026 M 15,540 0 4 $-2,760,025
Don P Carpenter VP & Chief Acctg Officer Dec. 31, 2016 F 17,899 0 0 $0
Puneet Bhasin EVP Corp Op & Pres WM Recyclin Aug. 10, 2016 M 42,326 0 0 $0
Mark E. Schwartz Sr. VP, Human Resources Aug. 4, 2016 M 40,061 0 0 $0
Rick L Wittenbraker Sr. Vice President Oct. 6, 2014 G 81,654 0 0 $0
David A Aardsma Chief Sales & Marketing Office Sept. 18, 2014 A 49,608 0 0 $0
Grace Cowan Sr. VP Customer Experience Aug. 23, 2012 S 240 0 0 $0
Cherie C Rice Vice President and Treasurer July 31, 2012 M 19,221 0 0 $0
Brett W Frazier SVP - Southern Group July 30, 2012 M 38,759 0 0 $0
Carl V Rush JR Sr. VP - Organic Growth July 26, 2012 A 7,976 0 0 $0
Duane C Woods Senior Vice President March 9, 2012 A 75,367 0 0 $0
Greg A Robertson VP, Chief Accounting Officer March 9, 2012 A 34,796 0 0 $0
PRESTON STEVEN C Executive Vice President March 9, 2012 A · 0 0 $0
Michael Jay Romans Sr. Vice President, People March 9, 2011 A 16,062 0 0 $0
Lynn M Caddell Senior Vice President Feb. 17, 2009 F 28,412 0 0 $0
David R Hopkins Senior Vice President March 4, 2007 F 60,830 0 0 $0
Jimmy D Lavalley Senior Vice President, People Jan. 21, 2007 F 21,644 0 0 $0
James T Schultz Senior Vice President Jan. 11, 2007 A 16,224 0 0 $0
Richard T Felago Senior Vice President Jan. 11, 2007 A 26,249 0 0 $0
Robert P Damico Senior Vice President Jan. 27, 2006 A 94,927 0 0 $0
Maurice A Myers Chairman of the Board Aug. 16, 2004 S 422,500 0 0 $0
William L Trubeck Executive Vice President July 1, 2004 A 41,363 0 0 $0
Ronald Hamilton Jones Vice President and Treasurer Dec. 31, 2003 A · 0 0 $0
Robert W Reum Director Jan. 17, 2017 S 35,387 0 0 $0
Pastora San Juan Cafferty Director Dec. 17, 2012 S 21,874 0 0 $0
ROTHMEIER STEVEN G Director Jan. 4, 2012 G 0 0 0 $0
Thomas I Morgan Director Jan. 15, 2008 A 2,554 0 0 $0
Robert S Miller Director July 15, 2005 A 31,726 0 0 $0
Carl W Vogt Director March 15, 2005 S 24,819 0 0 $0
WHITWORTH RALPH V Director Jan. 15, 2004 A · 0 0 $0
David L. Reed · Aug. 7, 2026 G 5,357 0 4 $-91,015
Marcel Dalby · May 20, 2026 A 5,867 0 0 $0
Tara J. Hmmer · May 20, 2026 A 81,462 0 2 $-1,316,730
John J Morris · May 20, 2026 F 99,363 0 3 $-3,131,728
Bruce E. Chinn · May 15, 2026 A 3,729 0 0 $0
Maryrose Sylvester · May 15, 2026 A 5,865 0 0 $0
Thomas Bene · May 15, 2026 A 2,987 0 0 $0
Andres Gluski · May 15, 2026 A 18,383 0 0 $0
Kathleen M Mazzarella · May 15, 2026 A 18,276 0 0 $0
William B Plummer · May 15, 2026 A 4,031 0 0 $0
Sean E Menke · May 15, 2026 A 861 1 0 $392,840
Victoria M Holt · May 15, 2026 A 23,881 0 0 $0
Johnson Varkey · April 4, 2026 F 9,101 0 3 $-274,312
Christopher P. Desantis · March 9, 2026 S 9,393 0 2 $-62,029
Donald J Smith · March 3, 2026 A 6,024 0 3 $-2,998,565
Michael J. Watson · March 3, 2026 A 44,146 0 3 $-4,322,552
James C Fish Jr · March 3, 2026 A 220,087 0 3 $-8,469,037
Charles C Boettcher · March 3, 2026 A 56,159 0 1 $-151,111
Devina A Rankin · May 27, 2025 M 83,934 0 0 $0
Kelly C. Rooney · March 1, 2024 A 2,220 0 0 $0
John C Pope · Jan. 16, 2024 S 56,461 0 0 $0
Thomas H Weidemeyer · Jan. 15, 2023 A 37,161 0 0 $0
Leslie K Nagy · Sept. 21, 2022 P 4,950 0 0 $0
Nikolaj H Sjoqvist · April 28, 2022 S 38,769 0 0 $0
Tamla Oates-Forney · April 5, 2022 A 20,495 0 0 $0
Steve Batchelor · March 1, 2022 A 42,246 0 0 $0
Frank M Clark · Jan. 21, 2021 S 33,004 0 0 $0
Patrick W Gross · Jan. 17, 2020 S 24,942 0 0 $0
Jeff M Harris · Nov. 8, 2018 S 51,490 0 0 $0
Barry H Caldwell · May 4, 2018 S 20,603 0 0 $0
James E Trevathan JR · Feb. 20, 2018 A 398,038 0 0 $0
Bradbury H Anderson · Jan. 15, 2018 A 23,218 0 0 $0
Darren K Shade · Feb. 28, 2017 A 2,669 0 0 $0
Charles E Williams · Nov. 17, 2006 S 80,341 0 0 $0
Steven T Ragiel · Feb. 1, 2005 M 28,900 0 0 $0
Charles A Wilcox · March 4, 2004 A 80,933 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 144 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
CCSO · Tidal Trust II 5.41% 10,909 NS July 31, 2026 N-PORT
IDU · iShares Trust 5.12% 308,464 SH Sept. 11, 2026 Daily
JGRW · Trust for Professional Managers 3.64% 14,583 NS Aug. 31, 2026 N-PORT
CCOR · Listed Funds Trust 3.10% 3,819 NS July 31, 2026 N-PORT
NPFE · Elevation Series Trust 2.70% 77,474 NS July 31, 2026 N-PORT
BOBP · EXCHANGE TRADED CONCEPTS TRUST 2.63% 68 NS July 31, 2026 N-PORT
BDIV · ETF Series Solutions 2.20% 649 NS July 31, 2026 N-PORT
FDIV · EA Series Trust 2.04% 5,284 NS July 31, 2026 N-PORT
ESLG · Strategy Shares 1.50% 1,543 NS July 31, 2026 N-PORT
ALRG · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 1.38% 509 NS July 31, 2026 N-PORT
TEXN · iShares Trust 1.33% 1,161 SH Sept. 11, 2026 Daily
RSPN · Invesco Exchange-Traded Fund Trust 1.33% 40,452 SH Oct. 23, 2026 Daily
USMV · iShares Trust 1.31% 1,447,355 SH Sept. 11, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 1.30% 132,073 NS July 31, 2026 N-PORT
ESLV · Strategy Shares 1.29% 813 NS July 31, 2026 N-PORT
HUSV · First Trust Exchange-Traded Fund III 1.28% 4,165 NS July 31, 2026 N-PORT
GDIV · Harbor ETF Trust 1.23% 12,774 NS July 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 1.20% 489,342 SH Aug. 19, 2026 Daily
NFRA · FlexShares Trust 1.17% 154,728 NS July 31, 2026 N-PORT
DUSL · Direxion Shares ETF Trust 1.10% 2,730 NS July 31, 2026 N-PORT
SPLV · Invesco Exchange-Traded Fund Trust … 1.04% 320,306 SH Oct. 23, 2026 Daily
ACWV · iShares, Inc. 0.97% 150,808 SH Sept. 11, 2026 Daily
ESUM · Strategy Shares 0.91% 7,296 NS July 31, 2026 N-PORT
QLV · FlexShares Trust 0.87% 6,300 NS July 31, 2026 N-PORT
UPSD · ETF Series Solutions 0.86% 4,444 NS July 31, 2026 N-PORT
EXI · iShares Trust 0.80% 53,097 SH Sept. 11, 2026 Daily
JOET · Virtus ETF Trust II 0.75% 8,021 NS July 31, 2026 N-PORT
DUHP · Dimensional ETF Trust 0.58% 311,939 NS July 31, 2026 N-PORT
SNPD · DBX ETF Trust 0.54% 76 NS Aug. 31, 2026 N-PORT
FDLO · FIDELITY COVINGTON TRUST 0.50% 31,594 NS July 31, 2026 N-PORT
XOEF · iShares Trust 0.45% 463 SH Sept. 11, 2026 Daily
FEUS · FlexShares Trust 0.45% 2,200 NS July 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.42% 152,681 NS July 31, 2026 N-PORT
MGV · VANGUARD WORLD FUND 0.42% 252,402 SH Aug. 19, 2026 Daily
BSCU · Invesco Exchange-Traded Self-Indexe… 0.39% 10,978,000 Oct. 23, 2026 Daily
ACVF · ETF Opportunities Trust 0.38% 2,554 NS July 31, 2026 N-PORT
VIG · VANGUARD SPECIALIZED FUNDS 0.36% 2,087,193 SH Aug. 19, 2026 Daily
BSCR · Invesco Exchange-Traded Self-Indexe… 0.35% 15,599,500 Oct. 23, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.34% 1,486,056 SH Aug. 19, 2026 Daily
PFM · Invesco Exchange-Traded Fund Trust 0.34% 11,390 SH Oct. 23, 2026 Daily
BSCS · Invesco Exchange-Traded Self-Indexe… 0.34% 12,131,000 Oct. 21, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.33% 3,817,604 SH Aug. 19, 2026 Daily
VFMV · VANGUARD WELLINGTON FUND 0.32% 5,919 SH Aug. 19, 2026 Daily
DFVX · Dimensional ETF Trust 0.31% 7,224 NS July 31, 2026 N-PORT
MNZL · EA Series Trust 0.31% 336 NS July 31, 2026 N-PORT
DGRO · iShares Trust 0.30% 607,816 SH Sept. 11, 2026 Daily
PWS · Pacer Funds Trust 0.30% 320 NS July 31, 2026 N-PORT
VOOV · VANGUARD ADMIRAL FUNDS 0.28% 85,076 SH Aug. 19, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.28% 4,036 NS July 31, 2026 N-PORT
IVE · iShares Trust 0.27% 614,085 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.25% 323,543 SH Sept. 11, 2026 Daily
ILCV · iShares Trust 0.23% 14,536 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.22% 7,577 SH Oct. 23, 2026 Daily
MPLY · Strategy Shares 0.22% 154 NS July 31, 2026 N-PORT
RSP · Invesco Exchange-Traded Fund Trust 0.22% 907,178 SH Oct. 23, 2026 Daily
IWX · iShares Trust 0.22% 39,215 SH Sept. 11, 2026 Daily
SPXD · DBX ETF Trust 0.21% 69 NS Aug. 31, 2026 N-PORT
PFIG · Invesco Exchange-Traded Fund Trust … 0.21% 295,000 Oct. 23, 2026 Daily
PEVC · Pacer Funds Trust 0.21% 22 NS July 31, 2026 N-PORT
EGLE · Global X Funds 0.20% 19 NS July 31, 2026 N-PORT
SNPE · DBX ETF Trust 0.20% 26,398 NS Aug. 31, 2026 N-PORT
EUSA · iShares, Inc. 0.19% 17,338 SH Sept. 11, 2026 Daily
FTC · First Trust Exchange-Traded AlphaDE… 0.19% 11,228 NS July 31, 2026 N-PORT
OMFL · Invesco Exchange-Traded Self-Indexe… 0.19% 38,012 SH Oct. 23, 2026 Daily
SIZE · iShares Trust 0.18% 3,501 SH Sept. 11, 2026 Daily
ROUS · Lattice Strategies Trust 0.17% 5,325 NS July 31, 2026 N-PORT
VONV · VANGUARD SCOTTSDALE FUNDS 0.17% 164,176 SH Aug. 19, 2026 Daily
MGC · VANGUARD WORLD FUND 0.17% 80,154 SH Aug. 19, 2026 Daily
BSCT · Invesco Exchange-Traded Self-Indexe… 0.17% 5,136,000 Oct. 22, 2026 Daily
CATH · Global X Funds 0.16% 9,452 NS July 31, 2026 N-PORT
USCL · iShares Trust 0.16% 21,240 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.16% 604,573 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.15% 10,817 SH Oct. 23, 2026 Daily
CHRI · Global X Funds 0.15% 52 NS July 31, 2026 N-PORT
TOPC · iShares Trust 0.15% 224 SH Sept. 10, 2026 Daily
DEUS · DBX ETF Trust 0.15% 2,007 NS Aug. 31, 2026 N-PORT
PBUS · Invesco Exchange-Traded Fund Trust … 0.15% 64,128 SH Oct. 23, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.14% 6,113 SH Oct. 23, 2026 Daily
IWL · iShares Trust 0.14% 14,523 SH Sept. 11, 2026 Daily
BKLC · BNY Mellon ETF Trust 0.14% 34,099 NS July 31, 2026 N-PORT
VV · VANGUARD INDEX FUNDS 0.14% 469,012 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.14% 84,165 SH Aug. 19, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.14% 60,348 SH Oct. 23, 2026 Daily
ACIO · ETF Series Solutions 0.14% 14,206 NS July 31, 2026 N-PORT
XVV · iShares Trust 0.14% 4,258 SH Sept. 11, 2026 Daily
PBP · Invesco Exchange-Traded Fund Trust 0.14% 2,229 SH Oct. 23, 2026 Daily
ADME · ETF Series Solutions 0.14% 1,750 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.13% 21 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.13% 122,341 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.13% 28 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 51,561 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.13% 6,324 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.13% 18,786 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.13% 9,595,861 SH Aug. 19, 2026 Daily
TOV · EA Series Trust 0.13% 1,497 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.13% 18,536 NS July 31, 2026 N-PORT
XRMI · Global X Funds 0.13% 285 NS July 31, 2026 N-PORT
VOXP · Advisors Series Trust 0.13% 33 NS July 31, 2026 N-PORT
DFAU · Dimensional ETF Trust 0.13% 69,626 NS July 31, 2026 N-PORT
QARP · DBX ETF Trust 0.13% 450 NS Aug. 31, 2026 N-PORT
XYLG · Global X Funds 0.13% 356 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.12% 51,583 SH Oct. 23, 2026 Daily
IVV · iShares Trust 0.12% 4,656,541 SH Sept. 11, 2026 Daily
ILCB · iShares Trust 0.12% 7,244 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.12% 12,749,529 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.12% 61,637 SH Aug. 19, 2026 Daily
SPUU · Direxion Shares ETF Trust 0.12% 1,394 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.12% 8,900 NS July 31, 2026 N-PORT
APUE · Trust for Professional Managers 0.12% 13,323 NS Aug. 31, 2026 N-PORT
IWB · iShares Trust 0.11% 258,021 SH Sept. 11, 2026 Daily
PHDG · Invesco Actively Managed Exchange-T… 0.11% 293 SH Oct. 23, 2026 Daily
IYY · iShares Trust 0.11% 15,799 SH Sept. 11, 2026 Daily
DXUV · Dimensional ETF Trust 0.11% 2,689 NS July 31, 2026 N-PORT
VTHR · VANGUARD SCOTTSDALE FUNDS 0.11% 31,370 SH Aug. 19, 2026 Daily
DFAC · Dimensional ETF Trust 0.11% 231,963 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.11% 102,363 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.11% 481,001 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.10% 10,112 NS July 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.10% 2,571 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.10% 1,133 SH Sept. 11, 2026 Daily
KOKU · DBX ETF Trust 0.10% 3,737 NS Aug. 31, 2026 N-PORT
SPXL · Direxion Shares ETF Trust 0.10% 28,884 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.10% 2,442 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.10% 36,335 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.09% 12,698 NS July 31, 2026 N-PORT
ACWI · iShares Trust 0.08% 125,780 SH Sept. 11, 2026 Daily
IWY · iShares Trust 0.08% 55,064 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.07% 306,724 SH Aug. 19, 2026 Daily
VONG · VANGUARD SCOTTSDALE FUNDS 0.07% 159,708 SH Aug. 19, 2026 Daily
IWF · iShares Trust 0.07% 376,741 SH Sept. 11, 2026 Daily
ESMV · iShares Trust 0.05% 18 SH Sept. 11, 2026 Daily
CRBN · iShares Trust 0.04% 2,309 SH Sept. 10, 2026 Daily
DYNF · BlackRock ETF Trust 0.00% 40 SH Aug. 31, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III -0.40% -44,079 NS July 31, 2026 N-PORT
BIV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BLV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCIT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VCLT · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
VCEB · VANGUARD WORLD FUND · · July 30, 2026 Daily

WM Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 38 analysts BUY
Median target $255.00 +6.5%
12 31.6% Strong Buy
16 42.1% Buy
10 26.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

25 analysts · 2026-10-24

Mean target $253.52 +5.9%

Now Current price $239.38
Low$220.00 Mean$253.52 High$277.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
WM $88.52B 32.8 14.2% 10.7% 29.7% ·
RSG · 30.9 3.3% 11.2% 18.3% ·
VLTO $24.79B 26.5 6.0% 17.1% 36.5% 60.0%
CLH $12.40B 32.2 2.4% 6.5% 14.3% ·
ROL $28.88B 55.1 11.0% 14.0% 37.4% ·
TTEK $8.71B 35.8 4.7% 4.6% 13.7% 17.7%
CWST · 816.2 17.9% 0.43% 0.50% ·
ABM · 17.3 4.6% · · ·
BV $1.27B 103.1 -3.4% 2.1% 4.4% 23.3%

Latest News Recent headlines mentioning this company

23

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

Live signal — the only filled card on screen.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 29, 2026