WMWaste Management

$239.39+14% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 65 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Waste Management scores higher than 68% of the 2,231 companies Ryufin scores.

Carried by return on new capital and capital allocation, with nothing holding it far back.

Industrials median 61 · all companies 55

How the score has moved

At each fiscal year end, from the reports and price of the time
60
57
59
60
60
64
65
202020212022202320242025today

Valuation

26% of the score

53median 53

Waste Management is valued at 23.8x its operating profit before acquisition amortisation (EBITA), including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
23.8x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

51median 24

Over 7 years the business earned 9.2% a year after tax on the capital it uses.

2%
8%
15%
25%
9.2%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 8.5%

Return on new capital

16% of the score

79median 33

For every dollar of operating profit earned over 6 years, yearly profit grew by 9 cents. New capital earned 8.4%, and 101% of profit went back into the business.

-5%
12%
8.5%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

83median 63

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 1% a year over 5 years: buybacks
75
5%
-3%
-1%
0 pointsfull points
Assets against salesAssets grew 9.3% a year, sales 11%
95
12%
-2%
-1.3%
0 pointsfull points

Cycle position

12% of the score

64median 63

Today's operating margin of 18% is 1.02x its normal 17%: close to its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 18%

Balance sheet

8% of the score

56median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA3x a year of EBITDA
37
4.5x
0.5x
3x
0 pointsfull points
Interest coverOperating profit covers interest 9x
75
1.5x
12x
9.4x
0 pointsfull points

Earnings quality

6% of the score

95median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 2.08x profit over 3 years
100
0.7x
1x
1.3x
2.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 7.4% of assets
97
8%
0%
-8%
-7.4%
0 pointsfull points
Beneish M-score-2.74
87
-1.50
-1.78
-2.22
-3.00
-2.74
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.