Waste Management (WM) EV to EBITDA (2009 - 2026)
Waste Management's (WM) quarterly EV to EBITDA came in at 70.71 in Q2 2026, down 11.29% year-over-year from 79.7 in Q2 2025, and down 14.73% quarter-over-quarter from 82.92 in Q1 2026.
Analysis
Waste Management (WM) EV to EBITDA (2009 - 2026) Analysis & Trends
Waste Management has disclosed EV to EBITDA across 18 years of filings, most recently posting 70.71 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 11.29% year-over-year to 70.71; the TTM figure through Jun 2026 stood at 19.64 (down 10.02% YoY), while the FY2025 annual figure was 20.52, up 3.29% from the prior year.
- EV to EBITDA came in at 70.71 for Q2 2026 at Waste Management, down from 82.92 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 91.75 in Q1 2025 to a low of 60.01 in Q3 2023.
- Average EV to EBITDA over 5 years is 79.76, with a median of 81.54 recorded in 2023.
- Year-over-year, EV to EBITDA retreated 13.87% in 2023 and climbed 23.17% in 2024.
- Over 5 years, EV to EBITDA stood at 83.26 in 2022, then advanced by 9.33% to 91.03 in 2023, then declined by 3.5% to 87.85 in 2024, then declined by 12.86% to 76.55 in 2025, then dropped by 7.63% to 70.71 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 70.71 in Q2 2026, 82.92 in Q1 2026, and 76.55 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waste Management | 87.60 Bn | 87.04 Bn | 2.73 Bn |
| 2 | Republic Services | 68.20 Bn | 68.09 Bn | 1.87 Bn |
| 3 | Waste Connections | 41.58 Bn | 41.48 Bn | 1.08 Bn |
| 4 | GFL Environmental | 16.22 Bn | 16.21 Bn | 385.80 Mn |
| 5 | Casella Waste Systems | 5.86 Bn | 5.83 Bn | 178.80 Mn |
| 6 | Comstock | 237.73 Mn | 241.05 Mn | -896,073.00 |
| 7 | Quest Resource Holding | 29.11 Mn | 28.09 Mn | 10.43 Mn |
| 8 | ReTo Eco-Solutions | 765,104.78 | -5.97 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.71 |
| Mar 31, 2026 | 82.92 |
| Dec 31, 2025 | 76.55 |
| Sep 30, 2025 | 89.79 |
| Jun 30, 2025 | 79.70 |
| Mar 31, 2025 | 91.75 |
| Dec 31, 2024 | 87.85 |
| Sep 30, 2024 | 73.91 |
| Jun 30, 2024 | 84.68 |
| Mar 31, 2024 | 83.87 |
| Dec 31, 2023 | 91.03 |
| Sep 30, 2023 | 60.01 |
| Jun 30, 2023 | 74.28 |
| Mar 31, 2023 | 80.17 |
| Dec 31, 2022 | 83.26 |
| Sep 30, 2022 | 69.67 |
| Jun 30, 2022 | 70.05 |
| Mar 31, 2022 | 85.49 |
| Dec 31, 2021 | 96.56 |
| Sep 30, 2021 | 77.38 |