Waste Management Inc (WM)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,746,000 | 2,641,000 | 2,544,000 | 2,479,000 | 2,304,000 | 2,310,000 | 2,286,000 | 2,258,000 | 2,238,000 | 2,245,000 | 2,144,000 | 1,908,000 | 1,816,000 | 1,748,000 | 1,600,000 | 1,556,000 | 1,496,000 | 1,505,000 | 1,610,000 | 1,684,000 |
| 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 |
| ROA | 6.16% | 7.60% | 7.48% | 7.59% | 7.02% | 7.23% | 7.23% | 7.22% | 7.13% | 7.52% | 7.12% | 6.53% | 6.24% | 6.06% | 5.51% | 5.35% | 5.10% | 6.08% | 6.05% | 6.20% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,746,000K ÷ $44,567,000K
= 6.16%
The Return on Assets (ROA) for Waste Management Inc has shown fluctuations over the past few years. It started at 6.20% in March 2020, decreased to 5.10% by December 2020, and then gradually increased to 7.60% by September 2024. The ROA peaked at 7.59% in March 2024 but slightly dropped to 6.16% in December 2024. Overall, Waste Management Inc has maintained an average ROA of around 6% to 7% during this period, indicating effective asset utilization to generate profits. However, the slight decline in ROA towards the end of 2024 may require further analysis to understand the underlying factors impacting the company's profitability.
Peer comparison
Dec 31, 2024
See also:
Waste Management Inc Return on Assets (ROA) (Quarterly Data)