Waste Management (WM) Goodwill (2009 - 2026)
Waste Management (WM) reported Goodwill of $14 billion for Q3 2026, up 0.8% from $13.89 billion a year earlier and unchanged from the prior quarter.
Analysis
Waste Management (WM) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, Waste Management posted Goodwill of $13.88 billion, up 3.3% from FY2024.
- Goodwill has a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- By year, Goodwill came in at $13.44 billion in FY2024 (+45.2%), $9.25 billion in FY2023 (-0.7%), $9.32 billion in FY2022 (+3.3%) and $9.03 billion in FY2021 (+0.4%).
- The Q3 2026 figure ranks as the highest quarterly Goodwill in data going back to Q2 2009.
- Year over year, Goodwill has now increased in each of the last nine quarters, with growth averaging 23.6% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q2 2025 (growth of 48.3%); the low point was Q1 2024 (a decline of 1.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $14 billion (Q2 2026), $13.87 billion (Q1 2026) and $13.88 billion (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.00 Bn |
| Jun 30, 2026 | 14.00 Bn |
| Mar 31, 2026 | 13.87 Bn |
| Dec 31, 2025 | 13.88 Bn |
| Sep 30, 2025 | 13.89 Bn |
| Jun 30, 2025 | 13.89 Bn |
| Mar 31, 2025 | 13.53 Bn |
| Dec 31, 2024 | 13.44 Bn |
| Sep 30, 2024 | 9.82 Bn |
| Jun 30, 2024 | 9.36 Bn |
| Mar 31, 2024 | 9.25 Bn |
| Dec 31, 2023 | 9.25 Bn |
| Sep 30, 2023 | 9.40 Bn |
| Jun 30, 2023 | 9.40 Bn |
| Mar 31, 2023 | 9.34 Bn |
| Dec 31, 2022 | 9.32 Bn |
| Sep 30, 2022 | 9.09 Bn |
| Jun 30, 2022 | 9.02 Bn |
| Mar 31, 2022 | 9.03 Bn |
| Dec 31, 2021 | 9.03 Bn |
API Access
Waste Management Goodwill 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=goodwill&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();