Waste Management Net Income vs. Shares Outstanding
| WM Stock | USD 235.82 4.81 2.08% |
Net Income | First Reported 1987-03-31 | Previous Quarter 603 M | Current Value 742 M | Quarterly Volatility 273.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.4 | 0.2908 |
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| Net Profit Margin | 0.0654 | 0.1074 |
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| Operating Profit Margin | 0.19 | 0.1828 |
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| Pretax Profit Margin | 0.088 | 0.1359 |
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| Return On Assets | 0.0369 | 0.0591 |
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| Return On Equity | 0.28 | 0.2711 |
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For Waste Management profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Waste Management to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Waste Management utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Waste Management's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Waste Management over time as well as its relative position and ranking within its peers.
Waste Management's Revenue Breakdown by Earning Segment
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Waste Management Revenue Breakdown by Earning Segment
By analyzing Waste Management's earnings estimates, investors can diagnose different trends across Waste Management's analyst sentiment over time as well as compare current estimates against different timeframes.
Will Environmental & Facilities Services sector continue expanding? Could Waste diversify its offerings? Factors like these will boost the valuation of Waste Management. Anticipated expansion of Waste directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Waste Management data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.236 | Dividend Share 3.3 | Earnings Share 6.71 | Revenue Per Share | Quarterly Revenue Growth 0.071 |
Waste Management's market price often diverges from its book value, the accounting figure shown on Waste's balance sheet. Smart investors calculate Waste Management's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Waste Management's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Waste Management Shares Outstanding vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Waste Management's current stock value. Our valuation model uses many indicators to compare Waste Management value to that of its competitors to determine the firm's financial worth. Waste Management is rated fifth in net income category among its peers. It is rated fifth in shares outstanding category among its peers creating about 0.15 of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for Waste Management is roughly 6.71 . At this time, Waste Management's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Waste Management by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Waste Shares Outstanding vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Waste Management |
| = | 2.71 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Waste Management |
| = | 403.34 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Waste Shares Outstanding Comparison
Waste Management is currently under evaluation in shares outstanding category among its peers.
Waste Management Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Waste Management, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Waste Management will eventually generate negative long term returns. The profitability progress is the general direction of Waste Management's change in net profit over the period of time. It can combine multiple indicators of Waste Management, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -10 M | -10.5 M | |
| Operating Income | 4.6 B | 4.8 B | |
| Net Income | 2.7 B | 2.8 B | |
| Income Tax Expense | 717 M | 358.9 M | |
| Income Before Tax | 3.4 B | 3.6 B | |
| Total Other Income Expense Net | -1.2 B | -1.1 B | |
| Net Income Applicable To Common Shares | 2.7 B | 1.5 B | |
| Net Income From Continuing Ops | 2.7 B | 1.7 B | |
| Non Operating Income Net Other | -402.3 M | -422.4 M | |
| Interest Income | 902 M | 556.3 M | |
| Net Interest Income | -912 M | -866.4 M | |
| Change To Netincome | 205.8 M | 211.4 M | |
| Net Income Per Share | 6.72 | 7.06 | |
| Income Quality | 2.23 | 1.43 | |
| Net Income Per E B T | 0.79 | 0.83 |
Waste Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Waste Management. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Waste Management position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Waste Management's important profitability drivers and their relationship over time.
Waste Management Earnings Estimation Breakdown
The calculation of Waste Management's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Waste Management is estimated to be 1.7531 with the future projection ranging from a low of 1.5701 to a high of 2.02. Please be aware that this consensus of annual earnings estimates for Waste Management is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.57 Lowest | Expected EPS | 2.02 Highest |
Waste Management Earnings Projection Consensus
Suppose the current estimates of Waste Management's value are higher than the current market price of the Waste Management stock. In this case, investors may conclude that Waste Management is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Waste Management's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2026 | Current EPS (TTM) | |
| 27 | 95.65% | 1.93 | 1.7531 | 6.71 |
Waste Management Earnings History
Earnings estimate consensus by Waste Management analysts from Wall Street is used by the market to judge Waste Management's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only Waste Management's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Waste Management Quarterly Gross Profit |
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Waste Management Earnings per Share Projection vs Actual
Actual Earning per Share of Waste Management refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Waste Management predict the company's earnings will be in the future. The higher the earnings per share of Waste Management, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Waste Management Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Waste Management, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Waste Management should always be considered in relation to other companies to make a more educated investment decision.Waste Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Waste Management's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2026-01-29 | 2025-12-31 | 1.948 | 1.93 | -0.018 | 0 | ||
2025-10-28 | 2025-09-30 | 2.03 | 1.98 | -0.05 | 2 | ||
2025-07-28 | 2025-06-30 | 1.89 | 1.92 | 0.03 | 1 | ||
2025-04-28 | 2025-03-31 | 1.59 | 1.67 | 0.08 | 5 | ||
2025-01-29 | 2024-12-31 | 1.8 | 1.7 | -0.1 | 5 | ||
2024-10-28 | 2024-09-30 | 1.88 | 1.96 | 0.08 | 4 | ||
2024-07-24 | 2024-06-30 | 1.83 | 1.82 | -0.01 | 0 | ||
2024-04-24 | 2024-03-31 | 1.51 | 1.75 | 0.24 | 15 | ||
2024-02-12 | 2023-12-31 | 1.53 | 1.74 | 0.21 | 13 | ||
2023-10-24 | 2023-09-30 | 1.61 | 1.63 | 0.02 | 1 | ||
2023-07-25 | 2023-06-30 | 1.54 | 1.51 | -0.03 | 1 | ||
2023-04-26 | 2023-03-31 | 1.29 | 1.31 | 0.02 | 1 | ||
2023-01-31 | 2022-12-31 | 1.41 | 1.3 | -0.11 | 7 | ||
2022-10-26 | 2022-09-30 | 1.51 | 1.56 | 0.05 | 3 | ||
2022-07-27 | 2022-06-30 | 1.4 | 1.44 | 0.04 | 2 | ||
2022-04-26 | 2022-03-31 | 1.14 | 1.29 | 0.15 | 13 | ||
2022-02-02 | 2021-12-31 | 1.26 | 1.26 | 0.0 | 0 | ||
2021-10-26 | 2021-09-30 | 1.36 | 1.26 | -0.1 | 7 | ||
2021-07-27 | 2021-06-30 | 1.19 | 1.27 | 0.08 | 6 | ||
2021-04-27 | 2021-03-31 | 1.01 | 1.06 | 0.05 | 4 | ||
2021-02-18 | 2020-12-31 | 1.09 | 1.13 | 0.04 | 3 | ||
2020-11-02 | 2020-09-30 | 1.02 | 1.09 | 0.07 | 6 | ||
2020-07-30 | 2020-06-30 | 0.81 | 0.88 | 0.07 | 8 | ||
2020-05-06 | 2020-03-31 | 0.92 | 0.93 | 0.01 | 1 | ||
2020-02-13 | 2019-12-31 | 1.15 | 1.19 | 0.04 | 3 | ||
2019-10-23 | 2019-09-30 | 1.14 | 1.19 | 0.05 | 4 | ||
2019-07-25 | 2019-06-30 | 1.08 | 1.11 | 0.03 | 2 | ||
2019-04-25 | 2019-03-31 | 0.92 | 0.94 | 0.02 | 2 | ||
2019-02-14 | 2018-12-31 | 1.06 | 1.13 | 0.07 | 6 | ||
2018-10-25 | 2018-09-30 | 1.11 | 1.15 | 0.04 | 3 | ||
2018-07-25 | 2018-06-30 | 0.99 | 1.01 | 0.02 | 2 | ||
2018-04-20 | 2018-03-31 | 0.83 | 0.91 | 0.08 | 9 | ||
2018-02-15 | 2017-12-31 | 0.83 | 0.85 | 0.02 | 2 | ||
2017-10-26 | 2017-09-30 | 0.88 | 0.89 | 0.01 | 1 | ||
2017-07-26 | 2017-06-30 | 0.81 | 0.82 | 0.01 | 1 | ||
2017-04-26 | 2017-03-31 | 0.66 | 0.66 | 0.0 | 0 | ||
2017-02-16 | 2016-12-31 | 0.77 | 0.76 | -0.01 | 1 | ||
2016-10-26 | 2016-09-30 | 0.8 | 0.84 | 0.04 | 5 | ||
2016-07-27 | 2016-06-30 | 0.71 | 0.74 | 0.03 | 4 | ||
2016-04-28 | 2016-03-31 | 0.55 | 0.58 | 0.03 | 5 | ||
2016-02-18 | 2015-12-31 | 0.68 | 0.71 | 0.03 | 4 | ||
2015-10-27 | 2015-09-30 | 0.71 | 0.75 | 0.04 | 5 | ||
2015-07-23 | 2015-06-30 | 0.63 | 0.67 | 0.04 | 6 | ||
2015-04-29 | 2015-03-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2015-02-17 | 2014-12-31 | 0.6 | 0.67 | 0.07 | 11 | ||
2014-10-29 | 2014-09-30 | 0.68 | 0.72 | 0.04 | 5 | ||
2014-07-29 | 2014-06-30 | 0.59 | 0.6 | 0.01 | 1 | ||
2014-04-24 | 2014-03-31 | 0.44 | 0.49 | 0.05 | 11 | ||
2014-02-18 | 2013-12-31 | 0.61 | 0.56 | -0.05 | 8 | ||
2013-10-29 | 2013-09-30 | 0.62 | 0.65 | 0.03 | 4 | ||
2013-07-30 | 2013-06-30 | 0.55 | 0.54 | -0.01 | 1 | ||
2013-04-24 | 2013-03-31 | 0.41 | 0.4 | -0.01 | 2 | ||
2013-02-14 | 2012-12-31 | 0.6 | 0.57 | -0.03 | 5 | ||
2012-10-31 | 2012-09-30 | 0.6 | 0.61 | 0.01 | 1 | ||
2012-07-26 | 2012-06-30 | 0.52 | 0.52 | 0.0 | 0 | ||
2012-04-26 | 2012-03-31 | 0.4 | 0.38 | -0.02 | 5 | ||
2012-02-16 | 2011-12-31 | 0.6 | 0.6 | 0.0 | 0 | ||
2011-10-27 | 2011-09-30 | 0.61 | 0.63 | 0.02 | 3 | ||
2011-07-28 | 2011-06-30 | 0.55 | 0.5 | -0.05 | 9 | ||
2011-04-28 | 2011-03-31 | 0.41 | 0.39 | -0.02 | 4 | ||
2011-02-17 | 2010-12-31 | 0.54 | 0.6 | 0.06 | 11 | ||
2010-10-28 | 2010-09-30 | 0.58 | 0.55 | -0.03 | 5 | ||
2010-07-29 | 2010-06-30 | 0.54 | 0.54 | 0.0 | 0 | ||
2010-04-29 | 2010-03-31 | 0.43 | 0.41 | -0.02 | 4 | ||
2010-02-16 | 2009-12-31 | 0.48 | 0.52 | 0.04 | 8 | ||
2009-10-29 | 2009-09-30 | 0.53 | 0.54 | 0.01 | 1 | ||
2009-07-30 | 2009-06-30 | 0.54 | 0.52 | -0.02 | 3 | ||
2009-04-29 | 2009-03-31 | 0.41 | 0.42 | 0.01 | 2 | ||
2009-02-12 | 2008-12-31 | 0.48 | 0.49 | 0.01 | 2 | ||
2008-10-30 | 2008-09-30 | 0.62 | 0.63 | 0.01 | 1 | ||
2008-07-29 | 2008-06-30 | 0.59 | 0.63 | 0.04 | 6 | ||
2008-04-29 | 2008-03-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2008-02-13 | 2007-12-31 | 0.51 | 0.54 | 0.03 | 5 | ||
2007-10-26 | 2007-09-30 | 0.59 | 0.54 | -0.05 | 8 | ||
2007-07-31 | 2007-06-30 | 0.52 | 0.56 | 0.04 | 7 | ||
2007-04-27 | 2007-03-31 | 0.36 | 0.43 | 0.07 | 19 | ||
2007-02-08 | 2006-12-31 | 0.46 | 0.47 | 0.01 | 2 | ||
2006-10-25 | 2006-09-30 | 0.48 | 0.55 | 0.07 | 14 | ||
2006-07-28 | 2006-06-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2006-04-27 | 2006-03-31 | 0.3 | 0.35 | 0.05 | 16 | ||
2006-02-14 | 2005-12-31 | 0.4 | 0.46 | 0.06 | 15 | ||
2005-10-27 | 2005-09-30 | 0.43 | 0.45 | 0.02 | 4 | ||
2005-07-28 | 2005-06-30 | 0.4 | 0.38 | -0.02 | 5 | ||
2005-04-28 | 2005-03-31 | 0.28 | 0.26 | -0.02 | 7 | ||
2005-02-10 | 2004-12-31 | 0.38 | 0.39 | 0.01 | 2 | ||
2004-10-28 | 2004-09-30 | 0.41 | 0.4 | -0.01 | 2 | ||
2004-07-29 | 2004-06-30 | 0.37 | 0.37 | 0.0 | 0 | ||
2004-04-29 | 2004-03-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2004-02-12 | 2003-12-31 | 0.33 | 0.39 | 0.06 | 18 | ||
2003-10-30 | 2003-09-30 | 0.37 | 0.35 | -0.02 | 5 | ||
2003-08-05 | 2003-06-30 | 0.34 | 0.32 | -0.02 | 5 | ||
2003-04-29 | 2003-03-31 | 0.23 | 0.2 | -0.03 | 13 | ||
2003-02-18 | 2002-12-31 | 0.34 | 0.39 | 0.05 | 14 | ||
2002-10-31 | 2002-09-30 | 0.38 | 0.38 | 0.0 | 0 | ||
2002-08-01 | 2002-06-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2002-05-07 | 2002-03-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2002-02-26 | 2001-12-31 | 0.26 | 0.25 | -0.01 | 3 | ||
2001-11-07 | 2001-09-30 | 0.37 | 0.36 | -0.01 | 2 | ||
2001-08-08 | 2001-06-30 | 0.34 | 0.33 | -0.01 | 2 | ||
2001-05-09 | 2001-03-31 | 0.25 | 0.24 | -0.01 | 4 | ||
2001-03-08 | 2000-12-31 | 0.31 | 0.29 | -0.02 | 6 | ||
2000-11-06 | 2000-09-30 | 0.33 | 0.33 | 0.0 | 0 | ||
2000-08-08 | 2000-06-30 | 0.31 | 0.32 | 0.01 | 3 | ||
2000-05-10 | 2000-03-31 | 0.24 | 0.26 | 0.02 | 8 | ||
2000-03-27 | 1999-12-31 | 0.35 | 0.32 | -0.03 | 8 | ||
1999-11-09 | 1999-09-30 | 0.46 | 0.44 | -0.02 | 4 | ||
1999-08-03 | 1999-06-30 | 0.61 | 0.58 | -0.03 | 4 | ||
1999-05-06 | 1999-03-31 | 0.62 | 0.64 | 0.02 | 3 | ||
1999-02-25 | 1998-12-31 | 0.57 | 0.58 | 0.01 | 1 | ||
1998-11-13 | 1998-09-30 | 0.51 | 0.49 | -0.02 | 3 | ||
1998-07-21 | 1998-06-30 | 0.54 | 0.53 | -0.01 | 1 | ||
1998-04-29 | 1998-03-31 | 0.45 | 0.52 | 0.07 | 15 | ||
1998-02-25 | 1997-12-31 | 0.45 | 0.45 | 0.0 | 0 | ||
1997-11-11 | 1997-09-30 | 0.46 | 0.47 | 0.01 | 2 | ||
1997-08-07 | 1997-06-30 | 0.41 | 0.43 | 0.02 | 4 | ||
1997-05-12 | 1997-03-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1997-03-07 | 1996-12-31 | 0.32 | 0.32 | 0.0 | 0 | ||
1996-11-12 | 1996-09-30 | 0.33 | 0.32 | -0.01 | 3 | ||
1996-08-13 | 1996-06-30 | 0.31 | 0.29 | -0.02 | 6 | ||
1996-05-14 | 1996-03-31 | 0.23 | 0.31 | 0.08 | 34 |
Use Waste Management in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Management position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Management will appreciate offsetting losses from the drop in the long position's value.Waste Management Pair Trading
Waste Management Pair Trading Analysis
The ability to find closely correlated positions to Waste Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Management when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Management - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Management to buy it.
The correlation of Waste Management is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Management moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Management can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Waste Management position
In addition to having Waste Management in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Your Current Watchlist. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project Waste Management's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Waste Management at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Waste Management's income statement, its balance sheet, and the statement of cash flows.