Waste Management (WM) Debt to Equity (2009 - 2026)
Waste Management's (WM) quarterly Debt to Equity came in at $2.28 in Q1 2026, down 17.11% year-on-year from $2.76 in Q1 2025, and little changed quarter-over-quarter from $2.29 in Q4 2025.
Waste Management (WM) Debt to Equity (2009 - 2026) Analysis & Trends
Waste Management has disclosed Debt to Equity across 18 years of filings, most recently posting $2.28 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $2.28, down 17.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.28 (down 17.11% YoY), and the FY2025 annual result was $2.29, down 20.81% from the prior year.
- Debt to Equity came in at $2.28 for Q1 2026 at Waste Management, roughly flat from $2.29 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $2.9 in Q4 2024 to a low of $1.89 in Q1 2022.
- The 5-year median for Debt to Equity is $2.26 (2023), against an average of $2.29.
- Across the five-year window, Debt to Equity grew 23.04% in 2024 and slipped 20.81% in 2025, its largest moves.
- Waste Management's Debt to Equity stood at $2.18 in 2022, then climbed by 7.81% to $2.35 in 2023, then climbed by 23.04% to $2.9 in 2024, then fell by 20.81% to $2.29 in 2025, then dropped by 0.39% to $2.28 in 2026.
- The last three Debt to Equity figures came in at $2.28 (Q1 2026), $2.29 (Q4 2025), and $2.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 1.26 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 1.14 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 1.00 |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.73 |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | - |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 2.28 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 0.04 |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.28 |
| Dec 31, 2025 | 2.29 |
| Sep 30, 2025 | 2.45 |
| Jun 30, 2025 | 2.61 |
| Mar 31, 2025 | 2.76 |
| Dec 31, 2024 | 2.90 |
| Sep 30, 2024 | 2.09 |
| Jun 30, 2024 | 2.25 |
| Mar 31, 2024 | 2.27 |
| Dec 31, 2023 | 2.35 |
| Sep 30, 2023 | 2.22 |
| Jun 30, 2023 | 2.22 |
| Mar 31, 2023 | 2.26 |
| Dec 31, 2022 | 2.18 |
| Sep 30, 2022 | 2.01 |
| Jun 30, 2022 | 1.99 |
| Mar 31, 2022 | 1.89 |
| Dec 31, 2021 | 1.88 |
| Sep 30, 2021 | 1.82 |
| Jun 30, 2021 | 1.80 |