Waste Management Inc (WM) — Financial Flexibility Index
Waste Management Inc (WM) has a Financial Flexibility Index of 0.06x as of June 2026. Free cash flow of $2.36 Billion (operating CF $1.73 Billion minus capex $630.00 Million) represents 0% of total liabilities ($36.52 Billion). Check WM capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Waste Management Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Waste Management Inc across 37 annual periods. For the full cash flow conversion analysis, see WM operating cash flow.
Annual Financial Flexibility Index for Waste Management Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Waste Management Inc. Explore Waste Management Inc (WM) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.26x | $9.27 Billion | $6.04 Billion | $35.84 Billion | ▲ +8.9% |
| 2024 | 0.24x | $8.62 Billion | $5.39 Billion | $36.31 Billion | ▼ -19.2% |
| 2023 | 0.29x | $7.61 Billion | $4.72 Billion | $25.93 Billion | ▲ +1.0% |
| 2022 | 0.29x | $7.12 Billion | $4.54 Billion | $24.50 Billion | ▲ +2.3% |
| 2021 | 0.28x | $6.24 Billion | $4.34 Billion | $21.97 Billion | ▲ +23.5% |
| 2020 | 0.23x | $5.04 Billion | $3.40 Billion | $21.89 Billion | ▼ -16.5% |
| 2019 | 0.28x | $5.69 Billion | $3.87 Billion | $20.67 Billion | ▼ -14.4% |
| 2018 | 0.32x | $5.26 Billion | $3.57 Billion | $16.37 Billion | ▲ +8.2% |
| 2017 | 0.30x | $4.69 Billion | $3.18 Billion | $15.79 Billion | ▲ +6.3% |
| 2016 | 0.28x | $4.34 Billion | $3.00 Billion | $15.54 Billion | ▲ +12.7% |
| 2015 | 0.25x | $3.73 Billion | $2.50 Billion | $15.05 Billion | ▲ +10.5% |
| 2014 | 0.22x | $3.48 Billion | $2.33 Billion | $15.52 Billion | ▼ -0.1% |
| 2013 | 0.22x | $3.73 Billion | $2.46 Billion | $16.60 Billion | ▼ -3.1% |
| 2012 | 0.23x | $3.81 Billion | $2.29 Billion | $16.42 Billion | ▼ -1.2% |
| 2011 | 0.23x | $3.79 Billion | $2.47 Billion | $16.18 Billion | ▲ +3.3% |
| 2010 | 0.23x | $3.38 Billion | $2.27 Billion | $14.88 Billion | ▼ -6.6% |
| 2009 | 0.24x | $3.54 Billion | $2.36 Billion | $14.56 Billion | ▼ -10.1% |
| 2008 | 0.27x | $3.80 Billion | $2.58 Billion | $14.04 Billion | ▲ +4.2% |
| 2007 | 0.26x | $3.65 Billion | $2.44 Billion | $14.07 Billion | ▼ -5.5% |
| 2006 | 0.27x | $3.87 Billion | $2.54 Billion | $14.10 Billion | ▲ +13.2% |
| 2005 | 0.24x | $3.57 Billion | $2.39 Billion | $14.73 Billion | ▲ +2.2% |
| 2004 | 0.24x | $3.48 Billion | $2.22 Billion | $14.65 Billion | ▲ +12.6% |
| 2003 | 0.21x | $3.13 Billion | $1.93 Billion | $14.84 Billion | ▼ -12.4% |
| 2002 | 0.24x | $3.44 Billion | $2.15 Billion | $14.30 Billion | ▼ -8.0% |
| 2001 | 0.26x | $3.68 Billion | $2.35 Billion | $14.09 Billion | ▲ +4.6% |
| 2000 | 0.25x | $3.44 Billion | $2.12 Billion | $13.75 Billion | ▲ +6.1% |
| 1999 | 0.24x | $4.31 Billion | $1.69 Billion | $18.27 Billion | ▼ -15.8% |
| 1998 | 0.28x | $5.10 Billion | $1.50 Billion | $18.23 Billion | ▼ -58.7% |
| 1997 | 0.68x | $2.71 Billion | $452.80 Million | $3.99 Billion | ▲ +105.2% |
| 1996 | 0.33x | $553.60 Million | $205.20 Million | $1.68 Billion | ▲ +240.0% |
| 1995 | 0.10x | $49.10 Million | $-35.50 Million | $505.20 Million | ▼ -65.0% |
| 1994 | 0.28x | $59.80 Million | $18.90 Million | $215.20 Million | ▼ -4.4% |
| 1993 | 0.29x | $34.60 Million | $12.10 Million | $119.00 Million | ▼ -0.3% |
| 1992 | 0.29x | $19.60 Million | $13.30 Million | $67.20 Million | ▲ +38.2% |
| 1991 | 0.21x | $6.10 Million | $1.50 Million | $28.90 Million | ▼ -47.9% |
| 1990 | 0.40x | $1.70 Million | $900.00K | $4.20 Million | ▼ -78.2% |
| 1989 | 1.86x | $2.60 Million | $400.00K | $1.40 Million | — |