What is WM's Working Capital?

  Waste Management Inc ( WM ) |
1995 - 2021 (27 years)

Working Capital is 
57.1M (1Y -94.9% )

WM Stock Price & Working Capital

Working Capital for WM competitors.
SRCL CWST ECOL CLH RSG PESI WCN
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Working Capital

chevron_right 2021 14.5M +1.6x
( +3.6% / year avg)
chevron_left 1995 5.5M
vertical_align_top Peak 1.4B +2.64x *
vertical_align_bottom Bottom -839.2M
arrow_drop_up # Up Years 10 10 of 27
years up.
arrow_drop_down # Down Years 17
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • WM's stock price has rallied +4,321% from $2.65 in 1995 , or +26.4x faster than it's working capital over the same period.
  • If WM grows it's stock at the same rate as it's working capital (+3.6%/year) , it's stock price will grow +142% and hit $166.74 over the next 10 years.
  • WM's stock price has gone up 5 of the 10 years (+50%) it's working capital were also up.
* A modified method (see: here) is used to calculate changes that involve negative numbers.
5-Year Change 🚀
+29.5%$16.4BNet Revenue (Sales)
+26.1%$10.1BCost of Revenue (Sales)
+35.1%$6.4BGross Profit Margin
+4.33%1.55Gross Profit Margin Ratio
+27.6%$1.8BSelling, General, and Administrative (SG&A)
-111.1%$4.0MOther Income/Expenses, Net
+38.0%$3.7BTotal Operating Expenses
+29.1%$13.8BCost & Expenses
+2.11%$388.0MInterest Expense/Income, Net
+50.9%$1.7BDepreciation & Amortization (D&A)
+38.3%$4.4BEBITDA
+6.85%1.07EBITDA Margin
+31.2%$2.7BOperating Income
-17.3%0.53Operating Margin
+44.4%-$104.0MTotal Other Income/Expenses
+37.6%$2.2BPretax Income (Earnings)
+6.3%0.53Pretax Income (Earnings) Margin
-11.4%$496.0MProvision For Income Taxes
+63.2%$1.7BNet Income (Earnings)
+26.0%0.41Net Profit Margin
+72.9%4.0Earnings Per Share (EPS)
+72.1%3.96Earnings Per Share (EPS) Diluted
-5.2%$1.7BShares Outstanding
-5.42%$1.7BShares Outstanding (Diluted)
+357%$1.9BCash and Cash Equivalents
+357%$1.9BCash And Short-Term Investments
+34.8%$496.0MInventory
+154%$1.2BOther Current Assets
+44.5%$13.3BTotal Current Assets
+30.0%$56.2BPP&E
+44.5%$35.9BGoodwill
+53.5%$4.0BIntangible Assets
+45.3%$39.9BGoodwill and Intangible Assets
+14.8%$1.7BLong-term Investments
+39.9%$116.3BTotal Assets
+105%$4.8BAccounts Payables
-53.4%$976.0MShort-term Debt
+17.8%$2.2BDeferred Revenue
+28.3%$13.1BTotal Current Liabilities
+46.0%$53.0BLong-term Debt
+25.5%$7.2BDeferred Tax Liabilities Non-Current
+31.4%$4.2BOther Non-Current Liabilities
+42.2%$73.4BTotal Non-Current Liabilities
+39.9%$86.6BTotal Liabilities
0%$24.0MCommon Stock
+61.7%$45.3BRetained Earnings
-182.8%$192.0MAccumulated Other Comprehensive Income Loss
+40.4%$29.7BTotal Shareholders Equity
+40.0%$116.3BTotal Liabilities & Stockholders Equity
+40.6%$54.0BTotal Debt
+37.1%$52.0BNet Debt
-143.8%-$56.0MDeferred Income Tax
-23.3%$92.0MStock-Based Compensation (SBC)
-276.3%$656.0MChange in Working Capital
-84.9%-$156.0MOther Working Capital
+13.0%$104.0MOther Non-Cash Items
+58.6%$4.5BNet Cash Provided by Operating Activities
+1,100%-$288.0MOther Investing Activities
-60.6%-$1.3BNet Cash used for Investing Activities
-49.1%-$1.3BDebt Repayment
0%-$1000.0MCommon Stock Repurchased
+35.0%-$988.0MDividends Paid
-36.4%-$84.0MOther Financing Activities
-502.9%-$3.3BNet Cash Used Provided by Financing Activities
-164.6%-$168.0MNet Change in Cash
+482%$2.4BCash at End of Period
+1,561%$2.6BCash at Beginning of Period
+58.6%$4.5BOperating Cash Flow
-14.8%-$1.1BCapital Expenditure (capex)
+118%$3.4BFree Cash Flow
  • WM Historical Working Capital Table
    in million
    * A modified method (see: here) is used to calculate changes that involve negative numbers.
    Year Working Capital YoY % Change* Stock Price YoY % Change (Stock Price)
    4/1/2021 14 -98.9% 117.07 3.2%
    4/1/2020 1,378 85.4% 113.46 -2.7%
    4/1/2019 743 -208.2% 116.62 33.9%
    4/1/2018 -687 27.5% 87.08 20.5%
    4/1/2017 -539 62.8% 72.28 23.5%
    4/1/2016 -331 -348.4% 58.52 31.5%
    4/1/2015 133 -132.6% 44.52 9.9%
    4/1/2014 -408 -30.9% 40.51 20.2%
    4/1/2013 -591 -12.7% 33.69 21.7%
    4/1/2012 -678 -1872.5% 27.68 9.3%
    4/1/2011 38 -78.6% 25.34 3.5%
    4/1/2010 178 -202.6% 24.47 14.9%
    4/1/2009 -174 -4.7% 21.31 -12.2%
    4/1/2008 -182 - 24.27 -3.8%
    4/1/2007 0 -100.0% 25.22 12.7%
    4/1/2006 264 -350.8% 22.37 28.2%
    4/1/2005 -105 -74.7% 17.45 1.4%
    4/1/2004 -416 69.0% 17.2 6.5%
    4/1/2003 -246 -52.4% 16.14 12.5%
    4/1/2002 -517 34.8% 14.35 -23.4%
    4/1/2001 -384 -54.2% 18.75 63.3%
    4/1/2000 -839 5.0% 11.48 -25.6%
    4/1/1999 -799 787.2% 15.44 -53.7%
    4/1/1998 -90 -179.6% 33.36 31.2%
    4/1/1997 113 232.6% 25.42 52.7%
    4/1/1996 34 513.3% 16.64 41.0%
    4/1/1995 5 - 11.8 -

  • About
    Industry: Waste Management
    Sector: Industrials
    Country: US
    IPO Date: 7/20/1993
    Stonk Exchange: NYSE
    • Waste Management, Inc
    • engages in the provision of waste management environmental services.
    • The company is headquartered in Houston, Texas and currently employs 43,700 full-time employees.
    • The Company, through its subsidiaries, is a provider of waste management environmental services.
    • The firm's segments include Solid Waste and Other.
    • The firm's Solid Waste segment includes its solid waste business.
    • The Other segment includes its Strategic Business Solutions (WMSBS) organization; its landfill gas-to-energy operations and third-party subcontract and administration services managed by its Energy and Environmental Services and WM Renewable Energy organizations; its recycling brokerage services, and its service offerings and solutions, such as portable self-storage and long distance moving services, fluorescent lamp recycling and interests it holds in oil and gas producing properties.
    • As of December 31, 2016, the Company owned or operated 243 solid waste landfills and five secure hazardous waste landfills.
    • Its recycling brokerage services involve managing the marketing of recyclable materials for third parties.
  • Working capital = Total Current Assets - Total Current Liabilities


    For more detailed definitions, please see Investopedia.
    Year Working Capital YoY % Change Stock Price YoY % Change (Stock Price) total current liabilities total current assets
    4/1/2021 14500000.00 -98.9% 117.07 3.2% 13676.00 13734.00
    4/1/2020 1378750000.00 85.4% 113.46 -2.7% 14792.00 20307.00
    4/1/2019 743500000.00 -208.2% 116.62 33.9% 12555.00 15529.00
    4/1/2018 -687250000.00 27.5% 87.08 20.5% 13010.00 10261.00
    4/1/2017 -539000000.00 62.8% 72.28 23.5% 11381.00 9225.00
    4/1/2016 -331000000.00 -348.4% 58.52 31.5% 10540.00 9216.00
    4/1/2015 133250000.00 -132.6% 44.52 9.9% 10677.00 11210.00
    4/1/2014 -408750000.00 -30.9% 40.51 20.2% 13140.00 11505.00
    4/1/2013 -591750000.00 -12.7% 33.69 21.7% 12108.00 9741.00
    4/1/2012 -678000000.00 -1872.5% 27.68 9.3% 12489.00 9777.00
    4/1/2011 38250000.00 -78.6% 25.34 3.5% 9670.00 9823.00
    4/1/2010 178500000.00 -202.6% 24.47 14.9% 10740.00 11454.00
    4/1/2009 -174000000.00 -4.7% 21.31 -12.2% 10662.00 9966.00
    4/1/2008 -182500000.00 - 24.27 -3.8% 10778.00 10048.00
    4/1/2007 0.00 -100.0% 25.22 12.7% 11676.00 11676.00
    4/1/2006 264000000.00 -350.8% 22.37 28.2% 12964.00 14020.00
    4/1/2005 -105250000.00 -74.7% 17.45 1.4% 11654.00 11233.00
    4/1/2004 -416250000.00 69.0% 17.2 6.5% 13815.00 12150.00
    4/1/2003 -246250000.00 -52.4% 16.14 12.5% 12528.00 11543.00
    4/1/2002 -517500000.00 34.8% 14.35 -23.4% 13957.00 11887.00
    4/1/2001 -384000000.00 -54.2% 18.75 63.3% 12660.00 11124.00
    4/1/2000 -839199750.00 5.0% 11.48 -25.6% 19200.21 15843.41
    4/1/1999 -799325000.00 787.2% 15.44 -53.7% 21250.30 18053.00
    4/1/1998 -90100000.00 -179.6% 33.36 31.2% 9710.50 9350.10
    4/1/1997 113225000.00 232.6% 25.42 52.7% 1823.50 2276.40
    4/1/1996 34040000.00 513.3% 16.64 41.0% 595.28 731.44
    4/1/1995 5550000.00 11.8 438.40 460.60