Waste Management Inc (WM)
Interest coverage
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,081,000 | 4,207,000 | 4,077,000 | 4,056,000 | 3,927,000 | 3,800,000 | 3,704,000 | 3,521,000 | 3,501,000 | 3,421,000 | 3,356,000 | 3,296,000 | 3,269,000 | 3,143,000 | 2,828,000 | 2,714,000 | 2,633,000 | 2,453,000 | 2,413,000 | 2,318,000 |
| Interest expense (ttm) | US$ in thousands | 890,000 | 796,000 | 700,000 | 598,000 | 525,000 | 521,000 | 510,000 | 500,000 | 481,000 | 445,000 | 413,000 | 378,000 | 352,000 | 348,000 | 353,000 | 365,000 | 379,000 | 389,000 | 410,000 | 425,000 |
| Interest coverage | 4.59 | 5.29 | 5.82 | 6.78 | 7.48 | 7.29 | 7.26 | 7.04 | 7.28 | 7.69 | 8.13 | 8.72 | 9.29 | 9.03 | 8.01 | 7.44 | 6.95 | 6.31 | 5.89 | 5.45 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $4,081,000K ÷ $890,000K
= 4.59