WM (Waste Management) EV-to-EBITDA: 16.20 (As of Jul. 18, 2026) — Near Median

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WM Waste Management Inc WM
86 GF Score
Price $239.31
GF Value $246.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Waste Management EV-to-EBITDA?

Waste Management WM -1.21% 86 EV-to-EBITDA is 16.20 as of Jul. 18, 2026, which is 7% above its 10-year median of 15.08. GuruFocus rates WM with a GF Score™ of 86/100 and a GF Value™ of $246.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 175 Waste Management companies, Waste Management ranks worse than 67.43% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Waste Management's enterprise value is $118,835 Mil. Waste Management's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $7,337 Mil. Therefore, Waste Management's EV-to-EBITDA for today is 16.20.

The historical rank and industry rank for Waste Management's EV-to-EBITDA or its related term are showing as below:

WM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.93   Med: 15.08   Max: 18.65
Current: 16.2

During the past 13 years, the highest EV-to-EBITDA of Waste Management was 18.65. The lowest was 10.93. And the median was 15.08.

WM's EV-to-EBITDA is ranked worse than
67.43% of 175 companies
in the Waste Management industry
Industry Median: 11.32 vs WM: 16.20

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-18), Waste Management's stock price is $239.31. Waste Management's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $6.910. Therefore, Waste Management's PE Ratio (TTM) for today is 34.63.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Waste Management  (NYSE:WM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Waste Management's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=239.31/6.910
=34.63

Waste Management's share price for today is $239.31.
Waste Management's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.910.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Waste Management EV-to-EBITDA Related Terms


Waste Management EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Waste Management's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Waste Management EV-to-EBITDA Chart

Waste Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.56 14.74 15.68 16.53 15.45

Waste Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.00 17.06 16.43 15.45 15.70

WM vs RSG, WCN, CLH: EV-to-EBITDA Comparison

For the Waste Management subindustry, Waste Management's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Waste Management EV-to-EBITDA vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Management's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Waste Management's EV-to-EBITDA falls into.


WM
86GF Score
Waste Management Inc WM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Management EV-to-EBITDA Calculation

Waste Management's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=118835.097/7337
=16.20

Waste Management's current Enterprise Value is $118,835 Mil.
Waste Management's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,337 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 16.20 mean?
Waste Management (WM) has a EV-to-EBITDA of 16.20 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Waste Management. This is near median its historical median of 15.08. Over the past decade, Waste Management's EV-to-EBITDA has ranged from 10.93 to 18.65. According to the industry distribution chart, Waste Management ranks #118 out of 175 companies in the Waste Management industry, placing it in the top 67.4%.
Is Waste Management's EV-to-EBITDA too high?
Waste Management's current EV-to-EBITDA of 16.20 is near median its 10-year median of 15.08. Over the past 10 years, this metric has ranged from a low of 10.93 to a high of 18.65. The Waste Management industry median EV-to-EBITDA is 11.32. Waste Management's value of 16.20 is 43.1% above this industry median. Based on the distribution chart, Waste Management ranks #118 out of 175 companies in the Waste Management industry, which is below the industry midpoint. Overall, Waste Management has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's EV-to-EBITDA compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #118 out of 175 companies for EV-to-EBITDA. This places Waste Management in the lower half of its industry. The industry median EV-to-EBITDA is 11.32. Waste Management's value of 16.20 is 43.1% above this benchmark. Historically, Waste Management's own EV-to-EBITDA has ranged from 10.93 to 18.65 over the past decade. While the company's 10-year median is 15.08 vs. the industry median of 11.32, Waste Management has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Waste Management company?
The median EV-to-EBITDA among Waste Management companies is 11.32, based on 175 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Management's current EV-to-EBITDA of 16.20 is 43.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Waste Management. For the Waste Management industry, the median EV-to-EBITDA is 11.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Management's current EV-to-EBITDA is 16.20, which is near median its own 10-year median of 15.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Management stock overvalued right now?
Based on GuruFocus' analysis, Waste Management (WM) is currently considered Fairly Valued. The stock's GF Value™ is $246.12, compared to a current price of $239.31 — trading 2.8% below its estimated fair value. The current EV-to-EBITDA is 16.20, which is near median its 10-year median of 15.08 and 43.1% above the Waste Management industry median of 11.32. Waste Management's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Waste Management (WM), the current EV-to-EBITDA is 16.20 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Waste Management (WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be undervalued. The current stock price of $239.31 is trading 2.8% below its estimated GF Value™ of $246.12. GuruFocus considers Waste Management to be Fairly Valued.

Key valuation signals for WM:

  • EV-to-EBITDA: 16.20 (near median its 10-year median of 15.08)
  • GF Value™: $246.12 vs. price of $239.31 (2.8% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 43.1% above the Waste Management median (#118 of 175)

No single metric tells the full story. See the WM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Waste Management Business Description

Address 800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM, previously known as Waste Management, ranks as the largest integrated provider of traditional solid waste services in the United States, operating 257 active landfill sites and about 342 transfer stations that help with transporting waste efficiently and economically. The company serves residential, commercial, industrial, and medical end markets for waste collection, transfer, and disposal. The company also has an energy business emanating from the beneficial use of landfill gas and is a leading recycler in North America.
86GF Score

Get the complete analysis for WM

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$239.31
Price
$246.12
GF Value