Waste Management (WM) EV to CFO (2009 - 2025)
Waste Management's (WM) EV to CFO came in at 7.15 for Q3 2026, down 52.9% from 15.16 a year earlier and down 47.4% from the prior quarter.
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Analysis
Waste Management (WM) EV to CFO (2009 - 2025) Analysis & Trends
For FY2025, Waste Management's EV to CFO stood at 14.63, down 2.3% from FY2024.
- In prior years, Waste Management's EV to CFO was 14.98 in FY2024 (-1.1%), 15.14 in FY2023 (+7.8%), 14.04 in FY2022 (-12.1%) and 15.98 in FY2021 (+10.9%).
- The Q3 2026 figure stands as the lowest quarterly EV to CFO since Q4 2012.
- On a year-over-year basis, EV to CFO has declined in each of the last six quarters, with an average decline of 11.3% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q2 2023, with growth of 17.1%; the weakest was Q3 2026, with a decline of 52.9%.
- According to Business Quant data, EV to CFO for the three prior quarters was 13.59 (Q2 2026), 14.57 (Q1 2026) and 14.63 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 14.63 |
| Sep 30, 2025 | 15.16 |
| Jun 30, 2025 | 16.32 |
| Mar 31, 2025 | 17.77 |
| Dec 31, 2024 | 14.98 |
| Sep 30, 2024 | 15.72 |
| Jun 30, 2024 | 16.54 |
| Mar 31, 2024 | 16.90 |
| Dec 31, 2023 | 15.14 |
| Sep 30, 2023 | 13.97 |
| Jun 30, 2023 | 16.29 |
| Mar 31, 2023 | 15.30 |
| Dec 31, 2022 | 14.04 |
| Sep 30, 2022 | 14.66 |
| Jun 30, 2022 | 13.91 |
| Mar 31, 2022 | 14.66 |
| Dec 31, 2021 | 15.98 |
| Sep 30, 2021 | 15.21 |
| Jun 30, 2021 | 14.92 |
| Mar 31, 2021 | 14.37 |
API Access
Waste Management EV to CFO 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=ev-to-cfo&ticker=WM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();