Waste Management Inc (WM)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 8,252,000 | 6,903,000 | 6,849,000 | 7,124,000 | 7,452,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,252,000K
= 0.00
The debt-to-equity ratio of Waste Management Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in relation to its equity during this period. This suggests that Waste Management Inc may be primarily financing its operations and growth using equity rather than debt, which could imply a lower financial risk and potentially favorable financial stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Waste Management Inc
WM
0.00
Republic Services Inc
RSG
0.00