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WMWaste Management, Inc.

Quick Ratio (Acid-Test): 0.89

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.89 is in line with its 5-year average of 0.83, around the middle of its 5-year range (0.72–1.03).

As of Monday, June 29, 2026. 7.01% above its 12-month average of 0.83.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

WM Quick Ratio

0.89

Reported quarterly quick ratio; no daily interpolation.

+5.58% 5Y
WM Quick Ratio (Acid-Test)

WM Average Quick Ratio (Acid-Test) Chart

WM Quick Ratio (Acid-Test)

WM Current vs Average Quick Ratio (Acid-Test) Chart

WM Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.89

QUICK RATIO (ACID-TEST) AVG TTM

0.83

QUICK RATIO (ACID-TEST) AVG 3Y

0.82

QUICK RATIO (ACID-TEST) AVG 5Y

0.81

QUICK RATIO (ACID-TEST) AVG 10Y

0.81

QUICK RATIO (ACID-TEST) AVG 15Y

0.84

QUICK RATIO (ACID-TEST) AVG 20Y

0.87

CURRENT VS TTM AVG

+7.01%

CURRENT VS 3Y AVG

+8.24%

CURRENT VS 5Y AVG

+10.31%

CURRENT VS 10Y AVG

+10.20%

CURRENT VS 15Y AVG

+6.26%

CURRENT VS 20Y AVG

+2.08%

WM Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Waste Management, Inc. (WM)$90.57B0.890.830.820.81
Automatic Data Processing, Inc. (ADP)vs ›$89.36B1.051.031.011.03
United Parcel Service, Inc. (UPS)vs ›$91.86B1.221.171.141.18
CSX Corporation (CSX)vs ›$88.56B0.690.710.941.23
General Dynamics Corporation (GD)vs ›$93.76B0.890.850.900.94
Cummins Inc. (CMI)vs ›$94.64B1.160.980.870.99
3M Company (MMM)vs ›$85.54B1.331.211.051.12
Johnson Controls International plc (JCI)vs ›$84.44B0.760.780.790.84
Emerson Electric Co. (EMR)vs ›$80.37B0.651.021.321.25
Quanta Services, Inc. (PWR)vs ›$103.22B1.091.181.341.42

Liquidity Comparison

Quick Ratio

0.89

Excludes inventory

Current Ratio

0.89

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Waste Management, Inc. (WM)?
The quick ratio (acid-test) for WM stock is 0.89.
Is Waste Management, Inc.'s quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.89 is in line with its 5-year average of 0.83, around the middle of its 5-year range (0.72–1.03).
What is the TTM average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The TTM average quick ratio (acid-test) for WM stock is 0.83.
What is the 3Y average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The 3Y average quick ratio (acid-test) for WM stock is 0.82.
What is the 5Y average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The 5Y average quick ratio (acid-test) for WM stock is 0.81.
What is the 10Y average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The 10Y average quick ratio (acid-test) for WM stock is 0.81.
What is the 15Y average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The 15Y average quick ratio (acid-test) for WM stock is 0.84.
What is the 20Y average quick ratio (acid-test) for Waste Management, Inc. (WM)?
The 20Y average quick ratio (acid-test) for WM stock is 0.87.

WM Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.89
2025-12-310.85
2025-09-300.80
2025-06-300.82
2025-03-310.79
2024-12-310.73
2024-09-300.85
2024-06-301.03
2024-03-310.85
2023-12-310.86
2023-09-300.80
2023-06-300.78
2023-03-310.83
2022-12-310.77
2022-09-300.81
2022-06-301.03
2022-03-310.76
2021-12-310.72
2021-09-300.74
2021-06-300.84
2021-03-310.98
2020-12-310.96
2020-09-301.15
2020-06-300.86
2020-03-311.80
2019-12-311.94
2019-09-301.82
2019-06-301.66
2019-03-310.66
2018-12-310.82
2018-09-300.84
2018-06-300.72
2018-03-310.71
2017-12-310.77
2017-09-300.68
2017-06-300.81
2017-03-310.83
2016-12-310.82
2016-09-300.83
2016-06-300.78
2016-03-310.86
2015-12-310.90
2015-09-300.94
2015-06-300.99
2015-03-311.10
2014-12-311.01
2014-09-301.06
2014-06-300.73
2014-03-310.70
2013-12-310.77
2013-09-300.78
2013-06-300.74
2013-03-310.73
2012-12-310.74
2012-09-300.79
2012-06-300.72
2012-03-310.70
2011-12-310.73
2011-09-300.90
2011-06-300.97
2011-03-311.02
2010-12-310.95
2010-09-301.11
2010-06-301.07
2010-03-310.98
2009-12-311.00
2009-09-300.86
2009-06-301.04
2009-03-311.01
2008-12-310.73
2008-09-300.83
2008-06-300.89
2008-03-310.95
2007-12-310.91
2007-09-301.01
2007-06-301.03
2007-03-310.90
2006-12-310.94
2006-09-301.04
2006-06-301.07
2006-03-311.06
2005-12-311.03
2005-09-301.05
2005-06-300.99
2005-03-310.86
2004-12-310.85
2004-09-300.89
2004-06-300.85
2004-03-310.93
2003-12-310.75
2003-09-300.88
2003-06-300.99
2003-03-310.89
2002-12-310.83
2002-09-300.82
2002-06-300.87

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About Waste Management, Inc.

Waste Management, Inc. (WM) functions as a premier provider of environmental waste solutions across North America, serving a diverse client base that includes residential, commercial, industrial, and municipal customers. The company's core operations involve comprehensive collection services, which include gathering and transporting both waste materials and recyclables from their initial point of generation to designated transfer stations, material recovery facilities (MRFs), or final disposal sites. Waste Management maintains an extensive network of facilities, owning, developing, and operating landfill gas-to-energy plants within the United States, in addition to managing numerous transfer stations. As of December 31, 2021, its substantial infrastructure consisted of 255 solid waste landfills, 5 secure hazardous waste landfills, 96 material recovery facilities, and 340 transfer stations. Beyond primary collection and disposal, WM offers services in materials processing and commodities recycling. This extends to recycling brokerage, where they handle the marketing of recyclable goods for third-party entities, alongside providing various other strategic business solutions. Its service portfolio also encompasses construction and remediation projects, the responsible management of fly ash and other residues generated from coal and fuel combustion, and specialized in-plant services offering full-spectrum waste management consulting. Furthermore, the company delivers tailored disposal solutions for oil and gas exploration and production activities. Originally incorporated in 1987 as USA Waste Services, Inc., the company rebranded to Waste Management, Inc. in 1998. Its corporate headquarters are situated in Houston, Texas.

Houston, TX
61,700 employees
www.wm.com
Industrials / Waste Management
Sector
Industrials
Industry
Waste Management
CEO
James C. Fish Jr.
View full financials