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WM (Waste Management)
WM · NYSEIndustrials — Environmental Services
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputstrucks, fuel & capitalOperatorWMWhat it runscollect, bury, recycle, f…Networktrucks, transfer & landfi…Customers &end marketswho paysTRKTruck & equipment makersFUEDiesel, CNG & powerCAPCapital & investorsWMWM (Waste Management)C&DCollection & disposalRPRecycling processingRNGWM Renewable EnergyWHSWM Healthcare SolutionsCF&RCollection fleet & routesT&LNTransfer & landfill networkCOMCommercial & industrialMUNMunicipalities & residentsENRUtilities & energy buyersRECRecycled-commodity buyers
Company details
Market cap
~$90B
P/E ratio
~31×
Div yield
~1.7%
EPS (TTM)
~$6.91
Profit margin
~12%
Rev. growth
+14%
Revenue
~$25B
Free cash flow
~$3.8B
In plain English
North America's largest trash company. WM picks up garbage and recycling from tens of millions of homes and businesses, hauls it through 339 transfer stations, and buries or processes it at the continent's biggest network of owned landfills — then turns the methane those landfills give off into renewable natural gas it sells back to the energy grid. After buying Stericycle for ~$7.2B it also now handles regulated medical waste.
In simple terms
From your curb to the landfill — and back to the gas grid
WM's chain is a physical loop: trucks (from makers like PACCAR) collect waste from homes and businesses, route it through 339 transfer stations into the continent's biggest owned landfill network, and then capture the methane those landfills give off to sell as renewable natural gas. Recycling plants and the Stericycle medical-waste business sit alongside.
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Risk read
Low–moderate
SteadierMore speculative
Why this rating?