Waste Management (WM) Return on Capital Employed (2009 - 2026)

Waste Management's (WM) quarterly Return on Capital Employed came in at 10.85% in Q1 2026, up 49.0% year-on-year from 7.28% in Q1 2025, and up 1.25% quarter-over-quarter from 10.72% in Q4 2025.

Waste Management (WM) Return on Capital Employed (2009 - 2026) Analysis & Trends

Waste Management has disclosed Return on Capital Employed across 18 years of filings, most recently posting 10.85% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 10.85%, up 49.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.85% (up 49.0% YoY), and the FY2025 annual result was 10.86%, down 167.0% from the prior year.
  • Return on Capital Employed came in at 10.85% for Q1 2026 at Waste Management, up from 10.72% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 13.28% in Q3 2024 to a low of 10.2% in Q3 2025.
  • The 5-year median for Return on Capital Employed is 12.46% (2023), against an average of 12.07%.
  • Across the five-year window, Return on Capital Employed jumped 247 bps in 2022 and slumped 308 bps in 2025, its largest moves.
  • Waste Management's Return on Capital Employed stood at 12.84% in 2022, then dropped by 1 bps to 12.7% in 2023, then declined by 4 bps to 12.17% in 2024, then slipped by 12 bps to 10.72% in 2025, then advanced by 1 bps to 10.85% in 2026.
  • The last three Return on Capital Employed figures came in at 10.85% (Q1 2026), 10.72% (Q4 2025), and 10.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -1.20%
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 8.79%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 10.40%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 2.16%
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -56.67%
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 10.85%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -9.76%
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 10.94%