WM
WASTE MANAGEMENT INCEvidence as of 2026-09-03Overview · WASTE MANAGEMENT INC
Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. 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 and opera…
Management team
- Ms. Kimberly G. Stith · Senior VP & Chief Human Resources OfficerFind on LinkedIn
- Mr. Rafael E. Carrasco · Senior VP of Enterprise Strategy & President of WM Healthcare SolutionsFind on LinkedIn
- Ms. Tara J. Hemmer · Senior VP & Chief Sustainability OfficerFind on LinkedIn
- Mr. John J. Morris Jr. · Executive VP & COOFind on LinkedIn
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Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it — not a rating or a recommendation.
+0.4 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled — the rest of the page is the evidence behind it.
The surviving evidence paints a constructive picture (evidence balance: Constructive, +0.4 of a possible +2; confidence high). Reported revenues were 6,443,000,000 USD in the fiscal Q3 2025 (fiscal quarter ended 2025-10-24), 6,227,000,000 USD in the fiscal Q1 2026 (fiscal quarter ended 2026-04-24) and 6,684,000,000 USD in the fiscal Q2 2026 (fiscal quarter ended 2026-07-24). The model sees an implied free cash flow growth rate of 25.5%, which translates to an implied doubling of FCF in roughly 2.8 years; trailing FCF (TTM) is 2,311,000,000 USD and FCF-per-share TTM is 5.743, producing a price-to-FCF (TTM) of 38.14.
Valuation multiples and cash-flow components are also noted: trailing P/E is 31.16, EV/EBITDA (TTM) is 11.81, trailing operating cash flow is 5,120,000,000 USD and capex (TTM) is 2,809,000,000 USD, so capital spending consumes a material portion of operating cash flow. Ownership and market coverage items survived: as of 2 September 2026 WM was held in IVV at a weight of 0.13%, recent coverage (31 August – 1 September 2026) highlighted the planned CEO succession from James C. Fish, Jr. to John J. Morris, Jr., repeated commentary on steady demand, pricing discipline and sustainability investments alongside notes on high debt and tight liquidity, and a small insider transfer of 4,874 shares to a family-controlled LLC was reported.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else — no outside knowledge, no browsing — so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC — revenue, margins, income, debt and share count, quarter by quarter — and reports which way the trend is running.
Revenue was 6,443,000,000 USD in the fiscal Q3 2025 (2025-07-01 to 2025-09-30, 3mo).
XBRL companyfacts · 0001104659-25-103136Revenue was 6,227,000,000 USD in the fiscal Q1 2026 (2026-01-01 to 2026-03-31, 3mo).
XBRL companyfacts · 0001104659-26-051283Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Nothing in this slice of the evidence rose to a claim — a quiet read, which itself is information.
Which filings the desk reads
The desk reads the annual 10-K in full — its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet — its risk analysis fills in once that lands.
Reads the signal panel above — momentum, volatility, drawdown, relative strength and beta — and ranks each against the whole research universe rather than judging it in isolation.
No computed signal history for this symbol yet — signals need roughly 70 trading days of price history.
Reads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
As of 2 September 2026, WM was held in the ETF with symbol IVV at a weight of 0.13% of that fund.
ETF constituents · market dataThe provided evidence contains a single ETF membership record for WM (no other ETF memberships were included in the provided data).
ETF constituents · market dataReads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Coverage on 31 August 2026 highlights Waste Management’s planned CEO succession from James C. Fish, Jr. to President John J. Morris, Jr., putting leadership transition squarely into recent headlines.
News · simplywall.st · 2026-08-31A 30 August 2026 piece similarly frames the leadership handover as material to how the company is viewed, repeating the succession theme across outlets.
News · simplywall.st · 2026-08-30Reads parsed Forms 3/4/5 — who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
No insider transactions on file in the trailing 180 days.
Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model's market-derived implied free cash flow (FCF) growth rate is 25.5% (implied_growth = 0.255).
Valuation inputs · SEC XBRL + stored EOD closePrice-to-FCF (TTM) is 38.14, meaning the current price is ~38 times last-twelve-months FCF of $2.311 billion.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score — the argument is shown, not hidden, so you can judge the reasoning yourself.
The set of claims jointly supports a favorable read because reported revenues recovered to a higher Q2 2026 level (fundamentals-2) after a Q1 dip (fundamentals-1), showing recent operational resilience; multiple news items place CEO succession and strategic priorities (pricing discipline, sustainability investments) into market focus (news-0, news-1, news-2), which can be material to investor sentiment. Institutional inclusion in a large ETF at a measurable weight (ownership-0) is modest evidence of broad-market exposure. Valuation-model evidence flags a high implied FCF growth rate of 25.5% (valuation-0) and notes that such growth would materially alter the price-to-FCF picture if realized (valuation-4), which directly rebuts concerns that trailing multiples alone (valuation-1, valuation-2) tell the whole story. Evidence strength: revenue and news items are primary company-sourced or widely syndicated reporting (moderate strength); ETF holding is a single data point (low-moderate strength); the implied-growth valuation metric is model-derived (moderate strength) and contrasts with trailing multiples that are based on historicals (moderate strength).
Chair's verdict, claim by claim
Fragility · computed, not argued
diversified0.27
17 surviving claims rest on 12 distinct sources; the heaviest analyst carries 41% of them, and 100% of what the desk raised survived the debate.
The surviving set is moderately concentrated: 17 claims rely on 12 sources and a single analyst contributed 41% of the surviving claims, so a small number of contributors disproportionately shape the narrative. Because the desk’s challenges did not eliminate any claims, these findings are informational but somewhat fragile — new primary filings or independent source updates could materially change several assertions.
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment — when the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here — no outside knowledge, no browsing — and each card shows who read it and what it contributed to the score.
13 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data — not retyped or estimated.
Read by Mercer+0.3 to the score
1 holdings record
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
8 headlines· 2 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only — it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal — the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
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The full terminal on WM Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations.