Waste Management (WM) Return on Capital Employed (2009 - 2026)
Waste Management (WM) posted Return on Capital Employed of 11.24% for Q2 2026, up 3.59% sequentially from 10.85% in Q1 2026, and up 55.0% YoY from 7.25% in Q2 2025.
Waste Management (WM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Waste Management has reported Return on Capital Employed for 18 years, with the latest figure at 11.24% in Q2 2026.
- Quarterly Return on Capital Employed rose 55.0% year-over-year to 11.24% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.24% (up 55.0% YoY) and the FY2025 annual result came in at 10.86%, down 167.0% from the prior year.
- Return on Capital Employed improved to 11.24% in Q2 2026 per WM's latest filing, from 10.85% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 13.28% in Q3 2024 and troughed at 10.2% in Q3 2025.
- A 5-year average of 12.03% and a median of 12.36% in 2022 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed soared 247 bps in 2022, then slumped 308 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 12.84% in 2022, then fell by 1 bps to 12.7% in 2023, then retreated by 4 bps to 12.17% in 2024, then declined by 12 bps to 10.72% in 2025, then advanced by 5 bps to 11.24% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 11.24%, 10.85%, and 10.72% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.04 Bn | 89.48 Bn | 2.73 Bn | 11.24% |
| 2 | Republic Services | 67.70 Bn | 67.59 Bn | 1.87 Bn | 10.90% |
| 3 | Waste Connections | 42.91 Bn | 42.81 Bn | 1.08 Bn | 8.67% |
| 4 | Clean Harbors | 16.69 Bn | 16.18 Bn | 608.78 Mn | 11.31% |
| 5 | GFL Environmental | 14.91 Bn | 14.72 Bn | 278.90 Mn | -2.16% |
| 6 | Casella Waste Systems | 5.89 Bn | 5.87 Bn | 178.80 Mn | 2.13% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -2,561.97% |
| 8 | Onterris | 564.30 Mn | 550.61 Mn | 82.26 Mn | 0.92% |
| 9 | Perma Fix Environmental Services | 341.05 Mn | 307.10 Mn | -2.50 Mn | -29.66% |
| 10 | American Battery Technology | 336.89 Mn | 297.61 Mn | 737,749.00 | -56.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.24% |
| Mar 31, 2026 | 10.85% |
| Dec 31, 2025 | 10.72% |
| Sep 30, 2025 | 10.20% |
| Jun 30, 2025 | 10.70% |
| Mar 31, 2025 | 10.36% |
| Dec 31, 2024 | 12.17% |
| Sep 30, 2024 | 13.28% |
| Jun 30, 2024 | 13.12% |
| Mar 31, 2024 | 13.08% |
| Dec 31, 2023 | 12.70% |
| Sep 30, 2023 | 12.90% |
| Jun 30, 2023 | 12.78% |
| Mar 31, 2023 | 12.46% |
| Dec 31, 2022 | 12.84% |
| Sep 30, 2022 | 12.69% |
| Jun 30, 2022 | 12.26% |
| Mar 31, 2022 | 12.16% |
| Dec 31, 2021 | 11.91% |
| Sep 30, 2021 | 11.68% |