Waste Capex To Depreciation vs Free Cash Flow Yield Analysis

WM Stock  USD 219.44  1.04  0.48%   
Waste Management financial indicator trend analysis is more than just analyzing Waste Management current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waste Management is a good investment. Please check the relationship between Waste Management Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Waste Management's Capex To Depreciation and Free Cash Flow Yield is -0.92. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Waste Management, assuming nothing else is changed. The correlation between historical values of Waste Management's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Waste Management are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Waste Management's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.92
Relationship DirectionNegative 
Relationship StrengthSignificant

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Waste Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waste Management current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.As of the 5th of January 2026, Enterprise Value is likely to grow to about 23.5 B, while Selling General Administrative is likely to drop about 1.5 B.
 2023 2024 2025 2026 (projected)
Gross Profit5.7B6.4B7.4B7.7B
Total Revenue20.4B22.1B25.4B26.6B

Waste Management fundamental ratios Correlations

0.990.850.990.690.980.990.111.00.710.110.980.461.0-0.821.00.850.790.890.970.830.970.90.53-0.79-0.79
0.990.830.980.630.960.990.110.990.720.110.970.371.0-0.831.00.840.80.920.960.820.970.910.55-0.8-0.8
0.850.830.830.90.850.820.150.840.540.150.840.550.84-0.790.840.750.610.680.850.90.830.780.63-0.4-0.4
0.990.980.830.660.970.980.040.990.680.040.970.450.98-0.80.990.810.860.90.950.840.960.910.53-0.8-0.8
0.690.630.90.660.750.610.230.680.450.220.710.770.65-0.590.650.670.450.40.690.790.640.530.46-0.22-0.22
0.980.960.850.970.750.960.070.980.660.070.970.570.97-0.810.970.820.750.810.960.830.950.880.52-0.75-0.75
0.990.990.820.980.610.96-0.010.990.69-0.010.970.360.99-0.830.990.780.810.930.950.810.970.920.57-0.8-0.8
0.110.110.150.040.230.07-0.010.040.31.00.070.120.1-0.080.090.61-0.08-0.030.120.160.04-0.05-0.140.00.0
1.00.990.840.990.680.980.990.040.690.040.980.450.99-0.821.00.810.80.90.960.830.970.910.55-0.79-0.79
0.710.720.540.680.450.660.690.30.690.30.630.10.71-0.580.710.690.630.670.670.640.660.650.51-0.53-0.53
0.110.110.150.040.220.07-0.011.00.040.30.060.130.1-0.070.090.6-0.08-0.040.110.160.03-0.06-0.130.00.0
0.980.970.840.970.710.970.970.070.980.630.060.510.97-0.840.980.830.760.850.970.780.960.880.42-0.77-0.77
0.460.370.550.450.770.570.360.120.450.10.130.510.39-0.180.40.470.360.120.40.480.350.210.07-0.25-0.25
1.01.00.840.980.650.970.990.10.990.710.10.970.39-0.841.00.840.780.910.970.820.970.920.55-0.79-0.79
-0.82-0.83-0.79-0.8-0.59-0.81-0.83-0.08-0.82-0.58-0.07-0.84-0.18-0.84-0.84-0.7-0.45-0.69-0.92-0.73-0.92-0.91-0.470.470.47
1.01.00.840.990.650.970.990.091.00.710.090.980.41.0-0.840.840.790.910.970.820.970.920.55-0.79-0.79
0.850.840.750.810.670.820.780.610.810.690.60.830.470.84-0.70.840.590.670.840.730.790.680.29-0.64-0.64
0.790.80.610.860.450.750.81-0.080.80.63-0.080.760.360.78-0.450.790.590.850.670.730.710.660.49-0.75-0.75
0.890.920.680.90.40.810.93-0.030.90.67-0.040.850.120.91-0.690.910.670.850.820.690.850.820.54-0.81-0.81
0.970.960.850.950.690.960.950.120.960.670.110.970.40.97-0.920.970.840.670.820.790.990.930.46-0.72-0.72
0.830.820.90.840.790.830.810.160.830.640.160.780.480.82-0.730.820.730.730.690.790.80.780.71-0.41-0.41
0.970.970.830.960.640.950.970.040.970.660.030.960.350.97-0.920.970.790.710.850.990.80.960.54-0.74-0.74
0.90.910.780.910.530.880.92-0.050.910.65-0.060.880.210.92-0.910.920.680.660.820.930.780.960.61-0.68-0.68
0.530.550.630.530.460.520.57-0.140.550.51-0.130.420.070.55-0.470.550.290.490.540.460.710.540.61-0.22-0.22
-0.79-0.8-0.4-0.8-0.22-0.75-0.80.0-0.79-0.530.0-0.77-0.25-0.790.47-0.79-0.64-0.75-0.81-0.72-0.41-0.74-0.68-0.221.0
-0.79-0.8-0.4-0.8-0.22-0.75-0.80.0-0.79-0.530.0-0.77-0.25-0.790.47-0.79-0.64-0.75-0.81-0.72-0.41-0.74-0.68-0.221.0
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Waste Management Account Relationship Matchups

Waste Management fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets29.1B31.4B32.8B44.6B51.3B53.8B
Short Long Term Debt Total13.4B15.0B16.2B23.9B27.5B28.9B
Other Current Liab1.4B1.6B1.6B2.2B2.5B1.3B
Total Current Liabilities4.1B4.4B4.2B6.3B7.2B7.6B
Total Stockholder Equity7.1B6.8B6.9B8.3B9.5B4.8B
Property Plant And Equipment Net14.4B15.7B17.0B19.3B22.2B23.4B
Net Debt13.3B14.6B15.8B23.5B27.0B28.4B
Cash118M351M458M414M476.1M384.1M
Non Current Assets Total26.0B27.8B29.0B39.8B45.8B48.1B
Non Currrent Assets Other1.7B(364M)1.4B2.0B2.3B2.4B
Cash And Short Term Investments118M351M458M414M476.1M389.2M
Net Receivables2.5B2.8B2.9B3.7B4.2B4.5B
Common Stock Shares Outstanding422.9M415M406.9M403.4M463.9M403.9M
Liabilities And Stockholders Equity29.1B31.4B32.8B44.6B51.3B53.8B
Non Current Liabilities Total17.9B20.1B21.7B30.1B34.6B36.3B
Other Stockholder Equity(4.9B)(6.3B)(7.4B)(7.5B)(6.7B)(6.4B)
Total Liab22.0B24.5B25.9B36.3B41.8B43.8B
Total Current Assets3.1B3.6B3.8B4.8B5.5B5.8B
Short Term Debt708M414M334M1.4B1.6B1.6B
Intangible Assets898M827M759M4.2B4.8B5.1B
Retained Earnings12.0B13.2B14.3B15.9B18.2B19.1B
Other Current Assets270M284M303M467M420.3M291.7M
Accounts Payable1.4B1.8B1.7B2.0B2.4B2.5B
Property Plant And Equipment Gross35.0B37.3B39.8B43.1B49.6B52.1B
Accumulated Other Comprehensive Income17M(69M)(37M)(115M)(132.3M)(138.9M)
Inventory135M164M173M206M236.9M130.3M
Other Assets1.7B1.9B979M4.2B4.8B5.0B
Long Term Debt12.7B14.6B15.9B22.5B25.9B27.2B
Good Will9.0B9.3B9.3B13.4B15.5B16.2B
Property Plant Equipment14.4B15.7B17.4B20.3B23.4B13.7B
Current Deferred Revenue571M589M578M673M774.0M541.2M
Net Tangible Assets15M(2.6B)(2.8B)(3.3B)(3.0B)(2.8B)
Retained Earnings Total Equity10.6B11.2B12.0B13.2B15.1B9.3B

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Dividend Share
3.225
Earnings Share
6.36
Revenue Per Share
61.602
Quarterly Revenue Growth
0.149
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.