Waste Management (WM) Return on Equity [ROE] (2009 - 2026)
Waste Management (WM) reported Return on Equity [ROE] of 31.03% for Q3 2026, up 3.63 percentage points from 27.40% a year earlier and up 2.42 percentage points from the prior quarter.
Waste Management (WM) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Waste Management posted Return on Equity [ROE] of 29.70%, down 6.54 percentage points from FY2024.
- Return on Equity [ROE] has a five-year change of +9.10 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 36.24% in FY2024 (+3.16 pp), 33.08% in FY2023 (+1.06 pp), 32.02% in FY2022 (+7.10 pp) and 24.92% in FY2021 (+4.32 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q1 2025.
- Year over year, Return on Equity [ROE] gained in two of the last eight quarters, with an average year-over-year change of -2.64 percentage points.
- The high point for year-over-year Return on Equity [ROE] in five years was Q2 2022 (a gain of 8.29 percentage points); the low point was Q3 2025 (a drop of 6.52 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 28.61% (Q2 2026), 27.93% (Q1 2026) and 27.77% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | 29.13% |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 18.36% |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 14.34% |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | - |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 17.48% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | -0.72% |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | -2.38% |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | -61.23% |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | -24,293.12% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.13% |
| Dec 31, 2025 | 27.77% |
| Sep 30, 2025 | 27.40% |
| Jun 30, 2025 | 30.49% |
| Mar 31, 2025 | 31.65% |
| Dec 31, 2024 | 33.83% |
| Sep 30, 2024 | 33.92% |
| Jun 30, 2024 | 34.66% |
| Mar 31, 2024 | 35.08% |
| Dec 31, 2023 | 32.84% |
| Sep 30, 2023 | 33.21% |
| Jun 30, 2023 | 33.26% |
| Mar 31, 2023 | 33.03% |
| Dec 31, 2022 | 32.29% |
| Sep 30, 2022 | 31.62% |
| Jun 30, 2022 | 29.93% |
| Mar 31, 2022 | 26.77% |
| Dec 31, 2021 | 25.41% |
| Sep 30, 2021 | 24.08% |
| Jun 30, 2021 | 21.65% |
Waste Management Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();