Waste Management Inc (WM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,063,000 | 3,575,000 | 3,365,000 | 2,965,000 | 2,434,000 |
| Total assets | US$ in thousands | 44,567,000 | 32,823,000 | 31,367,000 | 29,097,000 | 29,345,000 |
| Operating ROA | 9.12% | 10.89% | 10.73% | 10.19% | 8.29% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $4,063,000K ÷ $44,567,000K
= 9.12%
The operating return on assets (operating ROA) of Waste Management Inc has shown a generally positive trend over the years from 2020 to 2024. Starting at 8.29% in December 2020, the operating ROA increased to 10.19% in December 2021, further rising to 10.73% in December 2022, and reaching a peak of 10.89% in December 2023. However, there was a slight decline in the operating ROA to 9.12% by December 2024.
This indicates that Waste Management Inc has been effectively utilizing its assets to generate operating profits, with an increasing trend up to 2023. The slight decrease in 2024 may warrant further investigation to understand the factors contributing to this decline and assess the company's operational performance in that period. Overall, the company's operating ROA demonstrates a relatively stable and positive performance over the years under review.
Peer comparison
Dec 31, 2024