Goldman Sachs has initiated coverage on Waste Management Inc (WM) with a Buy rating, reflecting its assessment of the company's investment potential. This marks the firm's first evaluation of WM's merits based on comprehensive research into its business operations and industry dynamics.
Headquartered in Houston, Texas, Waste Management, Inc. provides a range of waste management environmental services. The company serves millions of residential, commercial, industrial, and municipal customers across the United States and Canada, employing approximately 61,700 full-time staff. Its segments include East Tier, West Tier, Recycling Processing and Sales, WM Renewable Energy, and WM Healthcare Solutions.
As of November 23, 2025, Waste Management's stock is priced at $211.84, with a market capitalization of $80.4 billion. The company has a price-to-earnings ratio of 31.37 and an earnings per share (EPS) of 6.34, alongside a notable dividend yield of 164.5%.
Upcoming earnings reports are scheduled for July 27, 2026, with an EPS estimate of $2.15 and revenue expected to reach $6.9 billion. Recent performance has shown mixed results, with Q3 2025 EPS reported at $1.98, falling short of the $2.08 estimate.
Analyst ratings provide a professional perspective based on financial models and research. While they can offer valuable insights, they are based on assumptions that may not always hold true. Investors are encouraged to consider a variety of factors, including company fundamentals and industry trends, when making decisions. Analyst opinions can also evolve as new information becomes available, highlighting the importance of ongoing evaluation in investment strategies.