Waste Management Inc (WM)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,746,000 | 2,304,000 | 2,238,000 | 1,816,000 | 1,496,000 |
| Total stockholders’ equity | US$ in thousands | 8,252,000 | 6,903,000 | 6,849,000 | 7,124,000 | 7,452,000 |
| ROE | 33.28% | 33.38% | 32.68% | 25.49% | 20.08% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,746,000K ÷ $8,252,000K
= 33.28%
Waste Management Inc's Return on Equity (ROE) has shown a consistent upward trend over the past five years, increasing from 20.08% in December 2020 to 33.28% in December 2024. This indicates that the company has been effectively utilizing shareholders' equity to generate profits. The continuous improvement in ROE suggests that Waste Management Inc is efficiently managing its assets and liabilities to create value for its shareholders. The significant growth in ROE signifies the company's ability to generate higher returns on the funds invested by its shareholders, reflecting positively on its operational performance and financial health.
Peer comparison
Dec 31, 2024