Waste Management Inc (WM) — Tangible Net Worth Ratio

Latest as of March 2026: 63.4%

Waste Management Inc (WM) has a Tangible Net Worth Ratio of 63.4% as of March 2026. This metric is calculated by deducting intangible assets ($3.66 Billion) from net assets ($10.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Waste Management Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

63.4%
Tangible equity / total equity

Net Assets (Equity)

$10.02 Billion
USD

Intangible Assets

$3.66 Billion
Goodwill, patents, brand value

Total Assets

$45.70 Billion
USD

Waste Management Inc Tangible Net Worth Ratio (1987–2025)

This chart shows how Waste Management Inc's Tangible Net Worth Ratio has changed across 39 annual periods from 1987 to 2025. As of March 2026, the ratio stands at 63.4%, reflecting net assets of $10.02 Billion with intangible assets of $3.66 Billion USD. See defensive interval ratio of Waste Management Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Waste Management Inc (1987–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Waste Management Inc from 1987 to 2025, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Waste Management Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 62.3% $9.99 Billion $3.77 Billion $45.84 Billion ▲ +13.0 pp
2024 49.3% $8.25 Billion $4.19 Billion $44.57 Billion ▼ -39.7 pp
2023 89.0% $6.90 Billion $759.00 Million $32.82 Billion ▲ +1.0 pp
2022 88.0% $6.86 Billion $827.00 Million $31.37 Billion ▲ +0.6 pp
2021 87.4% $7.13 Billion $898.00 Million $29.10 Billion ▲ +1.1 pp
2020 86.3% $7.45 Billion $1.02 Billion $29.34 Billion ▼ -6.4 pp
2019 92.6% $7.07 Billion $521.00 Million $27.74 Billion ▲ +1.7 pp
2018 90.9% $6.28 Billion $572.00 Million $22.65 Billion ▼ -0.1 pp
2017 90.9% $6.04 Billion $547.00 Million $21.83 Billion ▲ +2.1 pp
2016 88.9% $5.32 Billion $591.00 Million $20.86 Billion ▼ -2.2 pp
2015 91.1% $5.37 Billion $477.00 Million $20.42 Billion ▼ -1.4 pp
2014 92.5% $5.89 Billion $440.00 Million $21.41 Billion ▲ +1.3 pp
2013 91.2% $6.00 Billion $529.00 Million $22.60 Billion ▼ -2.9 pp
2012 94.1% $6.67 Billion $397.00 Million $23.10 Billion ▲ +1.2 pp
2011 92.8% $6.39 Billion $457.00 Million $22.57 Billion ▼ -2.7 pp
2010 95.5% $6.59 Billion $295.00 Million $21.48 Billion ▼ -0.9 pp
2009 96.4% $6.59 Billion $238.00 Million $21.15 Billion ▼ -1.1 pp
2008 97.4% $6.18 Billion $158.00 Million $20.23 Billion ▼ -0.5 pp
2007 98.0% $6.10 Billion $124.00 Million $20.18 Billion ▼ -0.2 pp
2006 98.1% $6.50 Billion $121.00 Million $20.60 Billion ▲ +0.5 pp
2005 97.7% $6.40 Billion $150.00 Million $21.14 Billion ▲ +84.9 pp
2004 12.8% $6.25 Billion $5.45 Billion $20.91 Billion ▼ -84.5 pp
2003 97.3% $5.81 Billion $156.00 Million $20.66 Billion ▼ -0.7 pp
2002 98.0% $5.33 Billion $105.00 Million $19.63 Billion ▲ +92.8 pp
2001 5.3% $5.41 Billion $5.12 Billion $19.49 Billion ▲ +13.1 pp
2000 -7.8% $4.82 Billion $5.19 Billion $18.57 Billion ▲ +13.6 pp
1999 -21.5% $4.41 Billion $5.36 Billion $22.68 Billion ▲ +17.9 pp
1998 -39.4% $4.48 Billion $6.25 Billion $22.72 Billion ▼ -76.8 pp
1997 37.4% $2.63 Billion $1.65 Billion $6.62 Billion ▼ -17.8 pp
1996 55.2% $1.16 Billion $517.40 Million $2.83 Billion ▼ -15.3 pp
1995 70.5% $402.80 Million $118.80 Million $908.00 Million ▲ +51.7 pp
1994 18.8% $108.00 Million $87.70 Million $323.20 Million ▼ -25.5 pp
1993 44.3% $46.70 Million $26.00 Million $165.70 Million ▼ -11.0 pp
1992 55.4% $42.80 Million $19.10 Million $110.00 Million ▼ -5.9 pp
1991 61.2% $30.70 Million $11.90 Million $59.60 Million ▼ -25.6 pp
1990 86.9% $9.90 Million $1.30 Million $14.10 Million ▼ -9.4 pp
1989 96.2% $5.30 Million $200.00K $6.70 Million ▲ +0.1 pp
1988 96.2% $5.20 Million $200.00K $6.80 Million ▲ +29.5 pp
1987 66.7% $600.00K $200.00K $2.10 Million
pp = percentage points