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Waste ManagementWM +0.10%84 EV-to-OCF is 17.39 as of Aug. 03, 2026, which is 1% below its 10-year median of 17.56. GuruFocus rates WM with a GF Score™ of 84/100 and a GF Value™ of $159.67 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 243 Waste Management companies, Waste Management ranks worse than 74.9% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Waste Management's Enterprise Value is $113,355 Mil.
Waste Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $6,517 Mil. Therefore, Waste Management's EV-to-OCF for today is 17.39.
The historical rank and industry rank for Waste Management's EV-to-OCF or its related term are showing as below:
WM'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.88 Med: 17.56 Max: 121.71
Current: 17.39
During the past 13 years, the highest EV-to-OCF of Waste Management was 121.71. The lowest was 12.88. And the median was 17.56.
WM's EV-to-OCF is ranked worse than 74.9% of 243
companies
in the Waste Management industry
Industry Median: 8.66
vs WM: 17.39
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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:
Waste Management's share price for today is $226.55.
Waste Management's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.354.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Waste Management EV-to-OCF Related Terms
Waste Management EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Waste Management's EV-to-OCF 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.
For the Waste Management subindustry, Waste Management's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Waste Management's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Waste Management's EV-to-OCF falls into.
Waste Management's current Enterprise Value is $113,355 Mil.
Waste Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,517 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.
Waste Management (WM) has a EV-to-OCF of 17.39 as of Aug. 03, 2026. This is near median its historical median of 17.56. Over the past decade, Waste Management's EV-to-OCF has ranged from 12.88 to 121.71. According to the industry distribution chart, Waste Management ranks #182 out of 243 companies in the Waste Management industry, placing it in the top 74.9%.
Is Waste Management's EV-to-OCF too high?
Waste Management's current EV-to-OCF of 17.39 is near median its 10-year median of 17.56. Over the past 10 years, this metric has ranged from a low of 12.88 to a high of 121.71. The Waste Management industry median EV-to-OCF is 8.66. Waste Management's value of 17.39 is 100.8% above this industry median. Based on the distribution chart, Waste Management ranks #182 out of 243 companies in the Waste Management industry, which is below the industry midpoint. Overall, Waste Management has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's EV-to-OCF compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #182 out of 243 companies for EV-to-OCF. This places Waste Management in the lower half of its industry. The industry median EV-to-OCF is 8.66. Waste Management's value of 17.39 is 100.8% above this benchmark. Historically, Waste Management's own EV-to-OCF has ranged from 12.88 to 121.71 over the past decade. While the company's 10-year median is 17.56 vs. the industry median of 8.66, 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-OCF for a Waste Management company?
The median EV-to-OCF among Waste Management companies is 8.66, based on 243 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Management's current EV-to-OCF of 17.39 is 100.8% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median EV-to-OCF is 8.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Management's current EV-to-OCF is 17.39, which is near median its own 10-year median of 17.56. 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 Significantly Overvalued. The stock's GF Value™ is $159.67, compared to a current price of $226.55 — trading 41.9% above its estimated fair value. The current EV-to-OCF is 17.39, which is near median its 10-year median of 17.56 and 100.8% above the Waste Management industry median of 8.66. Waste Management's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Waste Management (WM), the current EV-to-OCF is 17.39 as of Aug. 03, 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 overvalued.
The current stock price of $226.55 is trading 41.9% above its estimated GF Value™ of $159.67.
GuruFocus considers Waste Management to be Significantly Overvalued.
Key valuation signals for WM:
EV-to-OCF: 17.39 (near median its 10-year median of 17.56)
GF Value™: $159.67 vs. price of $226.55 (41.9% above fair value)
Industry Position: 100.8% above the Waste Management median (#182 of 243)
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.
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.
84GF Score
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