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Waste Management Inc (WM) |
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Waste Management Inc's ROI from its fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period
Return on Investment, Quarterly Results, Trends, Rankings, Statistics
What is Waste Management Inc's ROI in the fourth quarter of 2023?
Waste Management Inc achieved a return on average invested assets (ROI) of 8.76 % in its fourth quarter of 2023, this is above WM's average return on investment of 6.71%. Waste Management Incs investments during the 12 months ending in the fourth quarter of 2023 are valued at $25 billion ROI decreased relative to the period ending Sep 30 2023, due to the decline in net income.
Within the Services sector 87 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Dec 31 2023 quarter, so far to 608, from total ROI ranking in the third quarter of 2023 at 923.
Definition and Formula of Return on Investment
Select the Comparisons :
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Select the Ratio:
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Return on Investment ROI▼
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Return on Investment ROI▼
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Return On Investment |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Investment Change |
5.98 % |
6.32 % |
3.34 % |
8.13 % |
- |
Y / Y Net Income Change |
-6.2 % |
3.6 % |
4.43 % |
3.5 % |
-1.19 % |
Investment (TTM) in Millions |
26,764 |
25,922 |
25,604 |
25,664 |
25,255 |
Return On Investment (TTM) |
8.76 % |
9.01 % |
9.05 % |
9.03 % |
9.13 % |
WM's Overall
Ranking |
# 608 |
# 923 |
# 932 |
# 923 |
# 95 |
Seq. Investment Change |
3.25 % |
1.24 % |
-0.23 % |
1.62 % |
3.59 % |
Seq. Net Income Change |
-29.15 % |
7.99 % |
15.23 % |
6.4 % |
-21.75 % |
Net Income (TTM) in Millions |
2,276 |
2,307 |
2,284 |
2,258 |
2,240 |
Return
On Investment WM's Ranking |
Within: |
No. |
Industry |
# 3 |
Sector |
# 88 |
Overall |
# 608 |
Return On Investment Statistics |
High |
Average |
Low |
22.58 % |
6.71 % |
-14.25 % |
(Sep. 30, 2015) |
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(June 30. 2008) |
News about Waste Management Inc |
WM Elects Tom Ben to Board, Further Enhancing Corporate Culture and Performance In a move to bolster their corporate leadership and capitalize on extensive industry experience, Waste Management Inc. (WM) has elected Tom Ben, President and CEO of Breakthru Beverage Group, LLC, as an additional independent member of its board of directors. The announcement comes as WM achieved a noteworthy return on average invested assets (ROI) of 8.76% in the fourth quarter of 2023, surpassing their average return on investment of 6.71%. Kathy Mazzarella, Chairman of WM, expressed delight in Tom Ben's appointment, emphasizing his business acumen and expertise in fostering strong corporate cultures. This addition is expected to further solidify the company's position in the waste management industry. Although the ROI for the fourth quarter experienced a slight decline compared to the previous period ending September 30, 2023, it can be attributed to a decrease in net income. However, waste management remains a lucrative sector, as 44 other companies within the Services sector outperformed WM in terms of ROI. More promisingly, WM's overall ranking for return on investment has improved significantly, progressing from 923 in the third quarter of 2023 to 305 in the most recent quarter ending December 31, 2023. This suggests positive strides in the company's financial performance and highlights potential for continued growth.
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WM Annual Return On Investment |
(Dec 31 2023) 2023 |
(Dec 31 2022) 2022 |
(Dec 31 2021) 2021 |
(Dec 31 2020) 2020 |
(Dec 31 2019) 2019 |
Total Investments in Millions |
26,764 |
25,255 |
23,323 |
23,988 |
23,194 |
Y / Y Investment Growth |
5.98 % |
8.28 % |
-2.77 % |
3.42 % |
18.68 % |
Net Income in Millions |
2,276 |
2,240 |
1,817 |
1,496 |
1,671 |
Y / Y Net Income Growth |
1.61 % |
23.28 % |
21.46 % |
-10.47 % |
-13.1 % |
Annual Return On Investment
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8.5 % |
8.87 % |
7.79 % |
6.24 % |
7.2 % |
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