Waste Management Inc (WM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 4,063,000 | 3,929,000 | 3,831,000 | 3,766,000 | 3,575,000 | 3,555,000 | 3,476,000 | 3,422,000 | 3,365,000 | 3,318,000 | 3,182,000 | 3,083,000 | 2,965,000 | 2,901,000 | 2,775,000 | 2,511,000 | 2,434,000 | 2,435,000 | 2,489,000 | 2,658,000 |
| Total assets | US$ in thousands | 44,567,000 | 34,730,000 | 33,999,000 | 32,666,000 | 32,823,000 | 31,935,000 | 31,614,000 | 31,290,000 | 31,367,000 | 29,841,000 | 30,128,000 | 29,219,000 | 29,097,000 | 28,841,000 | 29,037,000 | 29,070,000 | 29,345,000 | 24,772,000 | 26,619,000 | 27,178,000 |
| Operating ROA | 9.12% | 11.31% | 11.27% | 11.53% | 10.89% | 11.13% | 11.00% | 10.94% | 10.73% | 11.12% | 10.56% | 10.55% | 10.19% | 10.06% | 9.56% | 8.64% | 8.29% | 9.83% | 9.35% | 9.78% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $4,063,000K ÷ $44,567,000K
= 9.12%
The operating return on assets (operating ROA) of Waste Management Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 9.78% in March 2020 and experienced minor changes until reaching 9.83% in September 2020. Subsequently, there was a decline to 8.29% by December 2020.
However, the operating ROA demonstrated a positive trend from March 2021 onwards, increasing steadily to peak at 11.53% by March 2024. Notably, there were slight fluctuations in the operating ROA during this period, with peaks and dips occurring in some quarters. The highest point observed was 11.53% in March 2024, followed by a slight decrease in the subsequent quarter to 11.27% in June 2024.
By September 2024, the operating ROA remained relatively stable at 11.31% before seeing a decline to 9.12% by December 2024. Overall, Waste Management Inc's operating ROA trended positively during the period under review, with some variations in performance along the way.
Peer comparison
Dec 31, 2024