Waste Management (WM) Return on Assets [ROA] (2009 - 2026)
Waste Management's Return on Assets [ROA] came in at 6.19% for Q2 2026, up 0.16 percentage points from 6.03% a year earlier and up 0.09 percentage points from the prior quarter.
Waste Management (WM) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Waste Management's Return on Assets [ROA] was 5.99%, down 1.10 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +0.75 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 7.09% in FY2024 (unchanged), 7.09% in FY2023 (-0.32 pp), 7.41% in FY2022 (+1.19 pp) and 6.22% in FY2021 (+0.98 pp).
- The Q2 2026 figure represents the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year-over-year, Return on Assets [ROA] increased in three of the last eight quarters, with an average year-over-year change of -0.69 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q2 2022 (a gain of 1.72 percentage points), and the weakest in Q3 2025 (a drop of 2.00 percentage points).
- Business Quant data shows WM's Return on Assets [ROA] at 6.11% (Q1 2026), 5.93% (Q4 2025) and 5.62% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 81.64 Bn | 80.55 Bn | 2.73 Bn | 6.19% |
| 2 | Republic Services | 64.27 Bn | 63.89 Bn | 1.87 Bn | 6.26% |
| 3 | Waste Connections | 38.82 Bn | 38.45 Bn | 1.08 Bn | 4.98% |
| 4 | Clean Harbors | 16.38 Bn | 13.39 Bn | 608.78 Mn | 5.71% |
| 5 | GFL Environmental | 15.51 Bn | 13.19 Bn | 385.80 Mn | -1.18% |
| 6 | Casella Waste Systems | 5.03 Bn | 4.15 Bn | 178.80 Mn | 0.17% |
| 7 | Onterris | 470.12 Mn | 429.40 Mn | 82.26 Mn | -1.17% |
| 8 | Perma Fix Environmental Services | 331.90 Mn | 223.46 Mn | -2.50 Mn | -23.08% |
| 9 | Deep Isolation Nuclear | 182.23 Mn | 182.23 Mn | 707,000.00 | -52.82% |
| 10 | Comstock | 177.73 Mn | 181.05 Mn | -896,073.00 | -29.70% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.19% |
| Mar 31, 2026 | 6.11% |
| Dec 31, 2025 | 5.93% |
| Sep 30, 2025 | 5.62% |
| Jun 30, 2025 | 6.03% |
| Mar 31, 2025 | 6.01% |
| Dec 31, 2024 | 6.92% |
| Sep 30, 2024 | 7.61% |
| Jun 30, 2024 | 7.55% |
| Mar 31, 2024 | 7.49% |
| Dec 31, 2023 | 7.03% |
| Sep 30, 2023 | 7.26% |
| Jun 30, 2023 | 7.26% |
| Mar 31, 2023 | 7.21% |
| Dec 31, 2022 | 7.32% |
| Sep 30, 2022 | 7.49% |
| Jun 30, 2022 | 7.23% |
| Mar 31, 2022 | 6.55% |
| Dec 31, 2021 | 6.27% |
| Sep 30, 2021 | 6.04% |
Waste Management Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();