Waste Management Inc
Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, recovery facility, or disposal sit… Read more
Waste Management Inc (WM) - Net Assets
Latest net assets as of September 2025: $9.52 Billion USD
Based on the latest financial reports, Waste Management Inc (WM) has net assets worth $9.52 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($45.61 Billion) and total liabilities ($36.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.52 Billion |
| % of Total Assets | 20.87% |
| Annual Growth Rate | 29.37% |
| 5-Year Change | 10.73% |
| 10-Year Change | 53.79% |
| Growth Volatility | 136.11 |
Waste Management Inc - Net Assets Trend (1987–2024)
This chart illustrates how Waste Management Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Waste Management Inc (1987–2024)
The table below shows the annual net assets of Waste Management Inc from 1987 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.25 Billion | +19.69% |
| 2023-12-31 | $6.90 Billion | +0.47% |
| 2022-12-31 | $6.86 Billion | -3.68% |
| 2021-12-31 | $7.13 Billion | -4.40% |
| 2020-12-31 | $7.45 Billion | +5.43% |
| 2019-12-31 | $7.07 Billion | +12.65% |
| 2018-12-31 | $6.28 Billion | +3.87% |
| 2017-12-31 | $6.04 Billion | +13.57% |
| 2016-12-31 | $5.32 Billion | -0.88% |
| 2015-12-31 | $5.37 Billion | -8.86% |
| 2014-12-31 | $5.89 Billion | -1.88% |
| 2013-12-31 | $6.00 Billion | -10.08% |
| 2012-12-31 | $6.67 Billion | +4.46% |
| 2011-12-31 | $6.39 Billion | -3.05% |
| 2010-12-31 | $6.59 Billion | 0.00% |
| 2009-12-31 | $6.59 Billion | +6.56% |
| 2008-12-31 | $6.18 Billion | +1.36% |
| 2007-12-31 | $6.10 Billion | -6.08% |
| 2006-12-31 | $6.50 Billion | +1.48% |
| 2005-12-31 | $6.40 Billion | +2.38% |
| 2004-12-31 | $6.25 Billion | +7.57% |
| 2003-12-31 | $5.81 Billion | +9.12% |
| 2002-12-31 | $5.33 Billion | -1.44% |
| 2001-12-31 | $5.41 Billion | +12.23% |
| 2000-12-31 | $4.82 Billion | +9.20% |
| 1999-12-31 | $4.41 Billion | -1.66% |
| 1998-12-31 | $4.48 Billion | +70.58% |
| 1997-12-31 | $2.63 Billion | +127.56% |
| 1996-12-31 | $1.16 Billion | +186.82% |
| 1995-12-31 | $402.80 Million | +272.96% |
| 1994-12-31 | $108.00 Million | +131.26% |
| 1993-12-31 | $46.70 Million | +9.11% |
| 1992-12-31 | $42.80 Million | +39.41% |
| 1991-12-31 | $30.70 Million | +210.10% |
| 1990-12-31 | $9.90 Million | +86.79% |
| 1989-12-31 | $5.30 Million | +1.92% |
| 1988-12-31 | $5.20 Million | +766.67% |
| 1987-12-31 | $600.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Waste Management Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1585800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.86 Billion | 192.17% |
| Common Stock | $6.00 Million | 0.07% |
| Other Comprehensive Income | $-115.00 Million | -1.39% |
| Total Equity | $8.25 Billion | 100.00% |
Waste Management Inc Competitors by Market Cap
The table below lists competitors of Waste Management Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CEZ as
LSE:0NZF
|
$89.02 Billion |
|
Zurich Insurance Group AG
OTCQX:ZFSVF
|
$89.21 Billion |
|
Marsh & McLennan Companies Inc
NYSE:MMC
|
$89.35 Billion |
|
Vertiv Holdings Co
NYSE:VRT
|
$89.72 Billion |
|
China Mobile Limited
SHG:600941
|
$88.53 Billion |
|
Williams Companies Inc
NYSE:WMB
|
$88.33 Billion |
|
Canadian Imperial Bank Of Commerce
NYSE:CM
|
$88.19 Billion |
|
American Tower REIT
LSE:0HEU
|
$87.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waste Management Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,903,000,000 to 8,252,000,000, a change of 1,349,000,000 (19.5%).
- Net income of 2,746,000,000 contributed positively to equity growth.
- Dividend payments of 1,210,000,000 reduced retained earnings.
- Share repurchases of 262,000,000 reduced equity.
- Other comprehensive income decreased equity by 78,000,000.
- Other factors increased equity by 153,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.75 Billion | +33.28% |
| Dividends Paid | $1.21 Billion | -14.66% |
| Share Repurchases | $262.00 Million | -3.17% |
| Other Comprehensive Income | $-78.00 Million | -0.95% |
| Other Changes | $153.00 Million | +1.85% |
| Total Change | $- | 19.54% |
Book Value vs Market Value Analysis
This analysis compares Waste Management Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 655.69x to 11.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $0.36 | $236.05 | x |
| 1988-12-31 | $2.34 | $236.05 | x |
| 1989-12-31 | $1.59 | $236.05 | x |
| 1990-12-31 | $2.97 | $236.05 | x |
| 1991-12-31 | $3.27 | $236.05 | x |
| 1992-12-31 | $3.55 | $236.05 | x |
| 1993-12-31 | $3.94 | $236.05 | x |
| 1994-12-31 | $5.05 | $236.05 | x |
| 1995-12-31 | $7.78 | $236.05 | x |
| 1996-12-31 | $8.28 | $236.05 | x |
| 1997-12-31 | $12.01 | $236.05 | x |
| 1998-12-31 | $7.48 | $236.05 | x |
| 1999-12-31 | $7.19 | $236.05 | x |
| 2000-12-31 | $7.92 | $236.05 | x |
| 2001-12-31 | $8.58 | $236.05 | x |
| 2002-12-31 | $8.59 | $236.05 | x |
| 2003-12-31 | $9.36 | $236.05 | x |
| 2004-12-31 | $10.28 | $236.05 | x |
| 2005-12-31 | $10.83 | $236.05 | x |
| 2006-12-31 | $11.39 | $236.05 | x |
| 2007-12-31 | $11.10 | $236.05 | x |
| 2008-12-31 | $11.91 | $236.05 | x |
| 2009-12-31 | $12.73 | $236.05 | x |
| 2010-12-31 | $12.98 | $236.05 | x |
| 2011-12-31 | $12.88 | $236.05 | x |
| 2012-12-31 | $13.68 | $236.05 | x |
| 2013-12-31 | $12.15 | $236.05 | x |
| 2014-12-31 | $12.60 | $236.05 | x |
| 2015-12-31 | $11.72 | $236.05 | x |
| 2016-12-31 | $11.86 | $236.05 | x |
| 2017-12-31 | $13.62 | $236.05 | x |
| 2018-12-31 | $14.52 | $236.05 | x |
| 2019-12-31 | $16.53 | $236.05 | x |
| 2020-12-31 | $17.53 | $236.05 | x |
| 2021-12-31 | $16.85 | $236.05 | x |
| 2022-12-31 | $16.50 | $236.05 | x |
| 2023-12-31 | $16.96 | $236.05 | x |
| 2024-12-31 | $20.46 | $236.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waste Management Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 33.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.45%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 5.40x
- Recent ROE (33.28%) is above the historical average (15.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 66.67% | 23.53% | 0.81x | 3.50x | $340.00K |
| 1988 | 3.85% | 10.53% | 0.28x | 1.31x | $-320.00K |
| 1989 | 1.89% | 3.85% | 0.39x | 1.26x | $-430.00K |
| 1990 | 2.02% | 5.41% | 0.26x | 1.42x | $-790.00K |
| 1991 | 9.77% | 16.39% | 0.31x | 1.94x | $-70.00K |
| 1992 | 18.30% | 13.98% | 0.47x | 2.76x | $3.31 Million |
| 1993 | 20.56% | 12.29% | 0.47x | 3.55x | $4.93 Million |
| 1994 | 12.78% | 7.83% | 0.55x | 2.99x | $3.00 Million |
| 1995 | 7.52% | 6.63% | 0.50x | 2.25x | $-9.98 Million |
| 1996 | 2.85% | 2.50% | 0.46x | 2.45x | $-82.63 Million |
| 1997 | 10.16% | 10.22% | 0.39x | 2.52x | $4.10 Million |
| 1998 | -17.63% | -6.07% | 0.56x | 5.20x | $-1.21 Billion |
| 1999 | -9.03% | -3.03% | 0.58x | 5.15x | $-837.86 Million |
| 2000 | -2.02% | -0.78% | 0.67x | 3.87x | $-577.10 Million |
| 2001 | 9.33% | 4.44% | 0.58x | 3.61x | $-36.20 Million |
| 2002 | 15.49% | 7.38% | 0.57x | 3.70x | $291.20 Million |
| 2003 | 11.32% | 5.44% | 0.56x | 3.71x | $73.70 Million |
| 2004 | 15.73% | 7.50% | 0.60x | 3.50x | $341.90 Million |
| 2005 | 19.31% | 9.04% | 0.62x | 3.45x | $569.90 Million |
| 2006 | 18.47% | 8.60% | 0.65x | 3.31x | $526.80 Million |
| 2007 | 20.08% | 8.74% | 0.66x | 3.48x | $583.80 Million |
| 2008 | 18.42% | 8.12% | 0.66x | 3.43x | $496.80 Million |
| 2009 | 15.82% | 8.43% | 0.56x | 3.37x | $365.50 Million |
| 2010 | 15.22% | 7.61% | 0.58x | 3.43x | $327.00 Million |
| 2011 | 15.83% | 7.18% | 0.59x | 3.72x | $354.00 Million |
| 2012 | 12.86% | 5.99% | 0.59x | 3.64x | $181.60 Million |
| 2013 | 1.72% | 0.70% | 0.62x | 3.96x | $-472.70 Million |
| 2014 | 22.13% | 9.27% | 0.65x | 3.65x | $711.40 Million |
| 2015 | 14.09% | 5.81% | 0.63x | 3.82x | $218.50 Million |
| 2016 | 22.31% | 8.69% | 0.65x | 3.94x | $652.30 Million |
| 2017 | 32.38% | 13.46% | 0.66x | 3.63x | $1.35 Billion |
| 2018 | 30.68% | 12.91% | 0.66x | 3.61x | $1.30 Billion |
| 2019 | 23.63% | 10.81% | 0.56x | 3.93x | $963.20 Million |
| 2020 | 20.08% | 9.83% | 0.52x | 3.94x | $750.80 Million |
| 2021 | 25.49% | 10.13% | 0.62x | 4.08x | $1.10 Billion |
| 2022 | 32.68% | 11.36% | 0.63x | 4.58x | $1.55 Billion |
| 2023 | 33.38% | 11.28% | 0.62x | 4.75x | $1.61 Billion |
| 2024 | 33.28% | 12.45% | 0.50x | 5.40x | $1.92 Billion |
Industry Comparison
This section compares Waste Management Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waste Management Inc (WM) | $9.52 Billion | 66.67% | 3.79x | $89.00 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |