Waste Management (MIL:1WM) Quick Ratio: 0.89 (As of Mar. 2026) — Near Median


MIL:1WM Waste Management Inc MIL:1WM
62 GF Score
Price €197.45
GF Value €217.08
Valuation Fairly Valued
! 4 Warning Signs
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What is Waste Management Quick Ratio?

Waste Management MIL:1WM 62 Quick Ratio is 0.89 as of Mar. 2026, which is 7% above its 10-year median of 0.83. GuruFocus rates MIL:1WM with a GF Score™ of 62/100 and a GF Value™ of €217.08 (Fairly Valued). The stock has 4 warning signs investors should review. Among 248 Waste Management companies, Waste Management ranks worse than 74.19% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Waste Management's quick ratio for the quarter that ended in Mar. 2026 was 0.89.

Waste Management has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Waste Management's Quick Ratio or its related term are showing as below:

MIL:1WM' s Quick Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.83   Max: 1.94
Current: 0.89

During the past 13 years, Waste Management's highest Quick Ratio was 1.94. The lowest was 0.66. And the median was 0.83.

MIL:1WM's Quick Ratio is ranked worse than
74.19% of 248 companies
in the Waste Management industry
Industry Median: 1.42 vs MIL:1WM: 0.89

Waste Management  (MIL:1WM) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Waste Management Quick Ratio Related Terms


Waste Management Quick Ratio Historical Data

* Premium members only.

The historical data trend for Waste Management's Quick Ratio 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 Quick Ratio Chart

Waste Management Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.77 0.86 0.73 0.85

Waste Management Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 0.79 0.82 0.80 0.85 0.89

MIL:1WM vs RSG, WCN, CLH: Quick Ratio Comparison

For the Waste Management subindustry, Waste Management's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Management's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Waste Management's Quick Ratio falls into.


MIL:1WM
62GF Score
Waste Management Inc MIL:1WM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Management Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Waste Management's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4193.14-192.15)/4717.496
=0.85

Waste Management's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4158.92-203.275)/4451.29
=0.89

* 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 Quick Ratio →
What does a Quick Ratio of 0.89 mean?
Waste Management (MIL:1WM) has a Quick Ratio of 0.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waste Management and its competitors. This is near median its historical median of 0.83. Over the past decade, Waste Management's Quick Ratio has ranged from 0.66 to 1.94. According to the industry distribution chart, Waste Management ranks #184 out of 248 companies in the Waste Management industry, placing it in the top 74.2%.
Is Waste Management's Quick Ratio too high?
Waste Management's current Quick Ratio of 0.89 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 1.94. The Waste Management industry median Quick Ratio is 1.42. Waste Management's value of 0.89 is 37.3% below this industry median. Based on the distribution chart, Waste Management ranks #184 out of 248 companies in the Waste Management industry, which is below the industry midpoint. Overall, Waste Management has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waste Management's Quick Ratio compare to RSG and WCN?
According to the Waste Management industry distribution chart, Waste Management ranks #184 out of 248 companies for Quick Ratio. This places Waste Management in the lower half of its industry. The industry median Quick Ratio is 1.42. Waste Management's value of 0.89 is 37.3% below this benchmark. Historically, Waste Management's own Quick Ratio has ranged from 0.66 to 1.94 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.42, Waste Management has consistently been below 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 Quick Ratio for a Waste Management company?
The median Quick Ratio among Waste Management companies is 1.42, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waste Management's current Quick Ratio of 0.89 is 37.3% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Waste Management and its competitors. For the Waste Management industry, the median Quick Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Management's current Quick Ratio is 0.89, which is near median its own 10-year median of 0.83. 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 (MIL:1WM) is currently considered Fairly Valued. The stock's GF Value™ is €217.08, compared to a current price of €197.45 — trading 9% below its estimated fair value. The current Quick Ratio is 0.89, which is near median its 10-year median of 0.83 and 37.3% below the Waste Management industry median of 1.42. Waste Management's overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Waste Management (MIL:1WM), the current Quick Ratio is 0.89 as of Mar. 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 (MIL:1WM) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Management stock appears to be undervalued. The current stock price of €197.45 is trading 9% below its estimated GF Value™ of €217.08. GuruFocus considers Waste Management to be Fairly Valued.

Key valuation signals for MIL:1WM:

  • Quick Ratio: 0.89 (near median its 10-year median of 0.83)
  • GF Value™: €217.08 vs. price of €197.45 (9% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 37.3% below the Waste Management median (#184 of 248)

No single metric tells the full story. See the MIL:1WM 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.
62GF Score

Get the complete analysis for MIL:1WM

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

€197.45
Price
€217.08
GF Value