Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 27.88.
Forward PE Ratio (27.88) = Close Price ($224.21) / Consensus Forward EPS ($8.12)
FORWARD PE RATIO
27.88
SECTOR MEDIAN · INDUSTRIALS
25.04
median of 121 covered companies
CURRENT VS SECTOR MEDIAN
+11.34%
vs the sector median at left
Waste Management, Inc.
Market Cap
$89.62B
Forward PE Ratio
27.88
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Waste Management, Inc. (WM) | $89.62B | 27.88 |
| United Parcel Service, Inc. (UPS)vs › | $89.63B | 14.47 |
| Emerson Electric Co. (EMR)vs › | $91.97B | 25.04 |
| Cummins Inc. (CMI)vs › | $87.11B | 21.62 |
| CSX Corporation (CSX)vs › | $92.88B | 24.96 |
| 3M Company (MMM)vs › | $94.21B | 20.64 |
| Illinois Tool Works Inc. (ITW)vs › | $83.71B | 25.63 |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $82.57B | 17.67 |
| Northrop Grumman Corporation (NOC)vs › | $81.67B | 20.02 |
| Cintas Corporation (CTAS)vs › | $80.31B | 41.57 |
Trailing P/E
32.1
reported TTM EPS
Forward P/E
27.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.12 implies +15.0% EPS growth vs the reported trailing $7.06.
At today's $224.21 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 | $8.12 | $7.98 – $8.47 | 17 | 27.6x |
| 2027-12-31 | $9.08 | $8.62 – $9.61 | 18 | 24.7x |
| 2028-12-31 | $9.90 | $9.30 – $10.85 | 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
