Waste Management (WM) FCF Payout Ratio (2009 - 2025)
Waste Management's FCF Payout Ratio was 0.35 in Q2 2026, down 15.6% from 0.41 a year earlier and down 23.6% from the prior quarter.
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Analysis
Waste Management (WM) FCF Payout Ratio (2009 - 2025) Analysis & Trends
On a trailing twelve-month basis, Waste Management's FCF Payout Ratio was 0.40 through Jun 30, 2026, down 31.9% year-over-year; for FY2025, it was 0.47, down 15.5% from FY2024.
- In earlier years, FCF Payout Ratio was 0.56 in FY2024 (-10.0%), 0.62 in FY2023 (+12.7%), 0.55 in FY2022 (+38.7%) and 0.40 in FY2021 (-23.9%).
- The Q2 2026 figure marks the lowest quarterly FCF Payout Ratio since Q1 2022.
- Compared with a year earlier, FCF Payout Ratio has declined for five straight quarters, with an average decline of 7.9% over the last eight quarters.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q1 2023 (growth of 129.9%); the worst was Q1 2026 (a decline of 49.2%).
- Per Business Quant data, WM's FCF Payout Ratio in the three quarters before Q2 2026 was 0.45 (Q1 2026), 0.41 (Q4 2025) and 0.41 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | 0.30 |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 0.22 |
| 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 | 0.41 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.89 |
| Dec 31, 2024 | 0.76 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.83 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 1.42 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 1.11 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.37 |
| Mar 31, 2021 | 0.29 |
API Access
Waste Management FCF Payout Ratio 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=fcf-payout-ratio&ticker=WM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();