Waste Management (WM) Return on Assets [ROA] (2009 - 2026)
Waste Management's Return on Assets [ROA] came in at 6.61% for Q3 2026, up 0.99 percentage points from 5.62% a year earlier and up 0.41 percentage points from the prior quarter.
Powered by 
Analysis
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 Q3 2026 figure represents the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year-over-year, Return on Assets [ROA] has increased for three consecutive quarters, with an average year-over-year change of -0.61 percentage points over the last eight quarters.
- 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 6.19% (Q2 2026), 6.11% (Q1 2026) and 5.93% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | 6.26% |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 6.31% |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 5.28% |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | - |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 6.56% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | -0.32% |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | -1.08% |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | -24.43% |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | -13,504.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.26% |
| 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% |
| Jun 30, 2021 | 5.51% |
API Access
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_KEYimport 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();