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Waste Management Inc  (WM)
Other Ticker:  
 
    Sector  Services    Industry Environmental Services
   Industry Environmental Services
   Sector  Services


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


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)   (June 30. 2008)



  News about Waste Management Inc

WM Enlists Beverage Industry Leader Tom Ben to Fuel Forward Momentum in Waste Management

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.






Financial Statements
Waste Management Inc's IV. Quarter Investments $ 26,764 Millions WM's Balance sheet
Waste Management Inc's IV. Quarter Income $ 469 Millions Quarterly WM's Income Statement
WM's Income by Division See WM's Income by Division


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 8.5 % 8.87 % 7.79 % 6.24 % 7.2 %


Annual Roi Comment
In the fiscal year 2023 ROI deteriorated to 8.5 %, despite net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Environmental Services Industry Roi Trends and Statistics
Services Sector Return On Investment Statistics
Roi Trends for overall market
WM's Roi Ratio versus Environmental Services Industry, Services Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for WM's Competitors
Roi for Waste Management Inc's Suppliers
Return On Investment for WM's Customers

Other Ratios
WM's Roa WM's Inventory Turnover Ratio WM's Growth Rates WM's Dividend Statistics
WM's Profitability Ratios WM's Asset Turnover Ratio WM's Dividend Growth
WM's Roe WM's Valuation Ratios WM's Financial Strength Ratios WM's Dividend Payout Ratio



Companies with similar Return On Investment at Dec 31 2023, within Services Sector ROI
Grand Canyon Education inc   24.04 %
Kforce Inc   23.75 %
Amn Healthcare Services Inc   23.74 %
International Seaways inc   23.55 %
Frontdoor Inc   23.46 %
Robert Half Inc   23.24 %
Accenture Plc  22.57 %
Rollins Inc   22.39 %
Pacific Green Technologies Inc   22.13 %
Global Industrial Company  21.75 %
Idt Corporation  21.56 %
Broadridge Financial Solutions Inc   21.55 %
Wingstop Inc   20.51 %
Heidrick and Struggles International Inc   19.84 %
Relx Plc  18.97 %
Rmr Group Inc   18.78 %
Mcdonald s corporation  18.75 %
Cra International inc   18.69 %
Genpact Limited  18.67 %
International Money Express Inc   18.64 %
Sirius Xm Holdings Inc   17.85 %
Msc Industrial Direct Co Inc   17.57 %
Mercadolibre Inc   17.04 %
Exlservice Holdings Inc   17.00 %
Ebay Inc   16.59 %
Avis Budget Group Inc   16.17 %
Texas Roadhouse inc   15.83 %
Allegion Plc  15.75 %
Starbucks Corporation  15.55 %
Etsy Inc   15.49 %


Date modified: 2024-02-13T22:24:28+00:00



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