Waste Management, Inc.

Waste Management, Inc.

WMยทNYSE

$218.00

+2.9%
IndustrialsWaste Management

Waste Management, Inc., through its subsidiaries, provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns, develops, and operates landfill gas-to-energy facilities in the United States, as well as owns and operates transfer stations. As of December 31, 2021, the company owned or operated 255 solid waste landfills; 5 secure hazardous waste landfills; 96 MRFs; and 340 transfer stations. It also provides materials processing and commodities recycling services; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$87.54B
EPS6.7200
P/E Ratio32.44
Earnings Date07/27/2026
Waste Management, Inc.

Waste Management, Inc. Fair Value Envelope

WM ยท NYSE

Our analysis suggests that WM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $218, this represents a potential HIDDEN relative to our calculated worth for Waste Management, Inc..

Intrinsic Value
Current Price: $218

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$781.4B
+ Cash & Equivalents$201.0M
Firm Value$781.6B
- Debt$22.9B
Equity Value$758.7B
/ Shares Outstanding402,867,051B
DCF Value$1.9K
UNDERVALUED BY 764%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$7.9B
$10.3B
$13.4B
$17.5B
$22.8B
$29.8B
$38.8B
$50.6B
$66.0B
$86.1B
Maintenance CapEx
-$841.8M
-$1.1B
-$1.4B
-$1.9B
-$2.4B
-$3.2B
-$4.1B
-$5.4B
-$7.1B
-$9.2B
Owner Earnings
$7.0B
$9.2B
$12.0B
$15.6B
$20.4B
$26.6B
$34.7B
$45.2B
$59.0B
$76.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$6.5B
$7.9B
$9.5B
$11.5B
$13.9B
$16.7B
$20.2B
$24.4B
$29.5B
$35.6B
Terminal Value represents 77.5% of Enterprise Value