Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 27.62.
Forward PE Ratio (27.62) = Close Price ($224.06) / Consensus Forward EPS ($8.11)
FORWARD PE RATIO
27.62
SECTOR MEDIAN · INDUSTRIALS
24.18
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
+14.20%
vs the sector median at left
Waste Management, Inc.
Market Cap
$89.56B
Forward PE Ratio
27.62
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Waste Management, Inc. (WM) | $89.56B | 27.62 |
| Emerson Electric Co. (EMR)vs › | $88.06B | 23.99 |
| 3M Company (MMM)vs › | $92.29B | 20.01 |
| United Parcel Service, Inc. (UPS)vs › | $86.66B | 14.18 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $85.00B | 18.12 |
| CSX Corporation (CSX)vs › | $95.57B | 25.69 |
| Quanta Services, Inc. (PWR)vs › | $96.12B | 38.22 |
| Cintas Corporation (CTAS)vs › | $81.55B | 41.63 |
| Illinois Tool Works Inc. (ITW)vs › | $81.21B | 24.70 |
| Cummins Inc. (CMI)vs › | $81.09B | 19.89 |
Trailing P/E
31.7
reported TTM EPS
Forward P/E
27.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.11 implies +14.9% EPS growth vs the reported trailing $7.06.
At today's $224.06 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $8.11 | $7.97 – $8.46 | 17 | 27.6x |
| 2027-12-31 | $9.06 | $8.68 – $9.49 | 18 | 24.7x |
| 2028-12-31 | $9.88 | $9.31 – $10.86 | 10 | 22.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
