Waste Management (WM) Enterprise Value (2009 - 2026)
Waste Management (WM) reported Enterprise Value of $81.64 billion for Q3 2026, down 8.1% from $88.8 billion a year earlier and down 7.9% from the prior quarter.
Waste Management (WM) Enterprise Value (2009 - 2026) Analysis & Trends
For FY2025, Waste Management posted Enterprise Value of $88.42 billion, up 9.5% from FY2024.
- Enterprise Value has increased for three consecutive years, with a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- By year, Enterprise Value came in at $80.73 billion in FY2024 (+13.0%), $71.46 billion in FY2023 (+12.2%), $63.69 billion in FY2022 (-8.1%) and $69.33 billion in FY2021 (+41.4%).
- The Q3 2026 figure ranks as the lowest quarterly Enterprise Value since Q4 2024.
- Year over year, Enterprise Value has now declined in each of the last three quarters, with growth averaging 4.3% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q4 2021 (growth of 41.4%); the low point was Q4 2022 (a decline of 8.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $88.6 billion (Q2 2026), $92.29 billion (Q1 2026) and $88.42 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 80.92 Bn |
| Jun 30, 2026 | 88.60 Bn |
| Mar 31, 2026 | 92.29 Bn |
| Dec 31, 2025 | 88.42 Bn |
| Sep 30, 2025 | 88.80 Bn |
| Jun 30, 2025 | 91.74 Bn |
| Mar 31, 2025 | 92.95 Bn |
| Dec 31, 2024 | 80.73 Bn |
| Sep 30, 2024 | 82.71 Bn |
| Jun 30, 2024 | 85.44 Bn |
| Mar 31, 2024 | 85.21 Bn |
| Dec 31, 2023 | 71.46 Bn |
| Sep 30, 2023 | 61.27 Bn |
| Jun 30, 2023 | 70.12 Bn |
| Mar 31, 2023 | 66.14 Bn |
| Dec 31, 2022 | 63.69 Bn |
| Sep 30, 2022 | 65.63 Bn |
| Jun 30, 2022 | 62.34 Bn |
| Mar 31, 2022 | 65.66 Bn |
| Dec 31, 2021 | 69.33 Bn |
Waste Management Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "WM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();