WM

Waste Management, Inc.
NYSEUSDEQUITY Industrials DELAYED
Last price
224.20
▼ 0.72 (0.32%)
MARKET ·

Price

Open
227.00
Prev close
224.92
Day high
225.08
Day low
223.40
Volume
1.34M
Market cap
$89.56B
P/E (TTM)
31.65
52W range
194.11 – 248.13

Insider net activity

6m · Form 4 rollup
Net shares
+1.22K
Net buying
Buy transactions
15
39.17K shares
Sell transactions
14
37.95K shares
Net transactions
+29
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
1.02M
Total on file
Bought 39.17KSold 37.95K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Aug 7, 26
REED DAVID L.
Chief Financial Officer
STOCK 5.36K $0 Direct
Jun 5, 26
CARRASCO RAFAEL
Officer
CONVERSION 2.65K $334.54K Direct
Jun 5, 26
CARRASCO RAFAEL
Officer
SELL 2.65K $585.34K Direct
May 20, 26
HEMMER TARA J
Chief Operating Officer
STOCK 2.54K $0 Direct
May 20, 26
DALBY MARCEL
Officer
STOCK 2.26K $0 Direct
May 15, 26
CHINN BRUCE E.
Director
STOCK 861 $190.03K Indirect
May 15, 26
SYLVESTER MARYROSE T
Director
STOCK 861 $190.03K Direct
May 15, 26
BENE THOMAS L
Director
STOCK 861 $190.03K Indirect
May 15, 26
GLUSKI ANDRES RICARDO
Director
STOCK 861 $190.03K Direct
May 15, 26
MAZZARELLA KATHLEEN M.
Director
STOCK 1.31K $290.01K Indirect
May 15, 26
PLUMMER WILLIAM B
Director
STOCK 861 $190.03K Indirect
May 15, 26
HOLT VICTORIA M
Director
STOCK 861 $190.03K Indirect
May 15, 26
MENKE SEAN EDWARD
Director
STOCK 861 $190.03K Indirect
Mar 9, 26
MORRIS JOHN J JR.
President
CONVERSION 5.48K $823.23K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BOETTCHER CHARLES C
Officer 56.16K Sale
CARRASCO RAFAEL
Officer 15.54K Conversion of Exercise of derivative security
FISH JAMES C JR
Chief Executive Officer 320.40K Sale
GLUSKI ANDRES RICARDO
Director 18.38K Stock Award(Grant)
HEMMER TARA J
Chief Operating Officer 81.46K Stock Award(Grant)
HOLT VICTORIA M
Director Stock Award(Grant)
MAZZARELLA KATHLEEN M.
Director Stock Award(Grant)
MORRIS JOHN J JR.
President 102.37K Conversion of Exercise of derivative security
RANKIN DEVINA A
Chief Financial Officer 83.93K Conversion of Exercise of derivative security
WATSON MICHAEL J.
Officer 46.76K Conversion of Exercise of derivative security

Unusual options activity

Account required
Flagged2
Total notional$554.63K
Call notional$134.09K
Put notional$420.53K
Tiltput-weighted
Likely opening1 of 2
SideStrikeExpiryVolumeOpen int. Vol / OINotionalIV PrintScore
PUT 230.00 Sep 18, 26
26d
557 345 1.6× $420.53K 22% at bid
61
CALL 230.00 Oct 16, 26
54d
317 345 0.9× $134.09K 20% at ask
50
How this is calculated, and what it cannot see

A contract is flagged when today's volume approaches or exceeds its open interest, the position is worth at least $40,000, and at least 150 contracts changed hands. Open interest is what was outstanding at yesterday's close, so volume above it means the flow cannot all be closing — something is being opened.

The score weights four things: volume against open interest, dollar notional, volume against the rest of that chain, and where the last print sat inside the bid/ask spread.

What it cannot see. Volume here is a daily total, so ten small orders and one large one are indistinguishable — this is not block or sweep detection, which needs exchange-level time and sales. The print column compares the last trade to the current quote, which is a proxy for who was the aggressor, not a tagged flag. Quotes are delayed. A single large trade can be a hedge, a roll, or one leg of a spread, and none of those mean what a naked directional bet would mean.

Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Options analytics

Account required
Put / call volume
1.23
Put-heavy session
Put / call open interest
1.90
Positioning, not flow
Max pain
230.00
+2.7% from spot
ATM implied vol
23.8%
Nearest strike to spot
Skew (10% OTM)
+2.8%
Puts bid over calls
Call volume
1.12K
Contracts, this expiry
Put volume
1.38K
Contracts, this expiry
Heaviest call OI
240.00
1.81K contracts
Heaviest put OI
220.00
8.93K contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Options chain

Account required
ExpirySpot 224.20
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-0.22% +1.1%
1M
-5.57% -9.3%
3M
+2.90% -0.2%
6M
-2.71% -13.8%
YTD
+1.98% -10.3%
1Y
-2.60% -22.6%
3Y
+40.02% -34.1%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Fundamentals

TTM · reported
Market cap$89.56B
Enterprise value$112.36B
Revenue (TTM)$25.67B
Gross profit$10.42B
EBITDA$7.77B
Net income$2.85B
EPS (TTM)$7.08
Free cash flow$2.35B
Total cash$557.00M
Total debt$23.36B
Book value / share$24.82
Shares outstanding399.72M
Float398.52M
Short % of float1.55%
Dividend yield1.58%
Beta (5Y)0.44

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
6.20M
Prior 6.36M
Change vs prior
-2.6%
Shorts covering
% of float
1.55%
Normal
% of shares out
1.55%
Against total outstanding
Days to cover
3.4
Liquid
Float
398.52M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Valuation & profitability ratios

Account required
Trailing P/E31.65
Forward P/E24.57
PEG ratio2.30
Price / sales
Price / book9.03
EV / revenue4.38
EV / EBITDA14.45
Gross margin40.60%
Operating margin18.99%
Profit margin11.12%
Return on equity29.84%
Return on assets6.57%
Debt / equity235.30
Current ratio0.91
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $25.20B$22.06B$20.43B$19.70B +14.2%
Operating revenue $25.20B$22.06B$20.43B$19.70B +14.2%
Cost of revenue $15.01B$13.38B$12.61B$12.29B +12.2%
Gross profit $10.19B$8.68B$7.82B$7.40B +17.4%
Selling, general & admin $2.63B$2.21B$1.87B$1.89B +18.8%
Total operating expense $5.58B$4.53B$4.00B$3.98B +23.3%
Operating income $4.61B$4.15B$3.82B$3.43B +11.0%
Net interest income -$912.00M-$598.00M-$500.00M-$378.00M -52.5%
Pre-tax income $3.43B$3.46B$3.02B$2.92B -0.9%
Tax provision $717.00M$713.00M$745.00M$678.00M +0.6%
Net income $2.71B$2.75B$2.30B$2.24B -1.4%
Net income to common $2.71B$2.75B$2.30B$2.24B -1.4%
Basic EPS 6.726.845.695.42 -1.8%
Diluted EPS 6.706.815.665.39 -1.6%
EBIT $4.34B$4.06B$3.52B$3.30B +7.0%
EBITDA $7.20B$6.32B$5.59B$5.33B +13.9%
Basic shares 402.70M401.50M404.90M412.80M +0.3%
Diluted shares 404.20M403.40M406.90M415.00M +0.2%

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 1.982.02 +2.1%
Mar 2026 1.741.81 +4.0%
Dec 2025 1.951.93 -0.9%
Sep 2025 2.011.98 -1.6%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 2.19 24 $6.80B +5.6%
Next quarter 2.10 24 $6.67B +5.6%
Current year 8.13 27 $26.38B +4.7%
Next year 9.12 28 $27.82B +5.5%

Analyst targets & ownership

Account required
Mean target$259.92
High target$277.00
Low target$220.00
Implied upside15.93%
Analyst count25
ConsensusBUY
Strong buy / Buy3 / 16
Hold9
Sell / Strong sell0 / 0
Held by insiders0.25%
Held by institutions86.02%
Institutions holding3.10K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Rating changes

351 on file
DateFirm ActionFromTo
Aug 4, 26 UBS MAINTAINED Buy Buy
Jul 30, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Jul 30, 26 Stifel MAINTAINED Buy Buy
Jul 30, 26 Barclays MAINTAINED Overweight Overweight
Jul 16, 26 Scotiabank MAINTAINED Sector Perform Sector Perform
Jul 10, 26 Citigroup MAINTAINED Buy Buy
Jul 8, 26 Oppenheimer MAINTAINED Outperform Outperform
Apr 30, 26 TD Cowen MAINTAINED Buy Buy
Apr 30, 26 RBC Capital MAINTAINED Sector Perform Sector Perform
Apr 30, 26 Barclays MAINTAINED Overweight Overweight
Apr 30, 26 Wells Fargo MAINTAINED Overweight Overweight
Apr 16, 26 Baird MAINTAINED Outperform Outperform

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
225.02
-0.37% from price
SMA 20
227.48
-1.50% from price
SMA 50
227.87
-1.67% from price
SMA 100
225.58
-0.62% from price
SMA 200
224.35
-0.13% from price
EMA 12
225.65
-0.65% from price
EMA 26
227.33
-1.38% from price
EMA 50
227.37
-1.40% from price
RSI (14)
42.2
Neutral
MACD (12,26,9)
-1.68
Hist -0.43
ATR (14)
3.87
1.73% of price
Realised vol 30D
22.0%
Annualised
Bollinger upper
236.73
20, 2σ
Bollinger lower
218.23
20, 2σ
50 / 200 cross
Golden
227.87 vs 224.35
Trend bias
Below 200
-0.13%

Risk profile

Daily returns · 1Y window
Beta vs SPY
-0.36
Less volatile than market
Correlation to SPY
-0.23
Largely independent
Realised vol 30D
22.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-14.3%
Peak to trough
Max drawdown 5Y
-18.7%
Peak to trough
ATR 14
3.87
1.73% of price
Beta (reported)
0.44
5Y monthly, from filing

Dividends & splits

Declared · from the issuer
Forward rate$3.54 / yr
Forward yield1.58%
5-year avg yield1.49%
Payout ratio50.07%
Ex-dividend dateJun 5, 2026
Next pay dateJun 18, 2026
Last split
Split date

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.