The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
Waste Management WM
Clears the common standardAn entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.
In plain words · Waste Management, Inc., through its subsidiaries, provides environmental solutions to residential, commercial, industrial, and municipal customers in the United States, Canada, Western Europe, and internationally.
read at $238.75
Waste Management holds its Markup at $238.75.
- PHPhase · the trend structure carries the Markup label
- INInsiders · no filings inside 60 days, left as found
- POPositioning · no disclosures inside 60 days, left as found
- OPOptions · no verdict drawn today, left as found
- SCScreen · does not pass the values gate
- edge confirmed
- edge broken
- edge forming
Each arm is one independent read. Conviction is not a single call, it is how many edges converge.
The investor read · the season, not the day
| Phase | Markup |
| Quantitative state | The statistical read favours the buyers, held for 53 days |
| Price | $238.75 |
| Valuation | 34.60 trailing · 25.92 forward price to earnings |
| Values screen | FAIL · score 10.0 |
| Beta | 0.45 |
The opportunity · what the numbers say it is worth
Our framework reads AVOID — it trades above our $223.60 fair value estimate, moderate competitive moat, 3.50% revenue growth.
Price history & projections · where it has been, where the models see it going
The valuation journey · where the price sits against fair value and the Street
Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish — a quality-at-a-fair-price name rather than a deep-value one.
| Revenue growth | 3.50% |
| Profit margin | 10.99% |
| Debt to equity | 228.41 |
| Analyst consensus | Buy · 25 covering |
Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.
The values screen, explained · five checks, plain English
It depends which standard you follow. There are two widely recognised ways to check whether a company is suitable for a Muslim investor, and on this company they disagree. Here is how it did on each:
Used by most halal investing apps ✓ PASSES
The one Titan applies ✗ DOES NOT PASS
Why the two disagree. They fall out over one thing only: the company’s debt. Our stricter standard measures that debt against what the company owns, and it works out too high to pass. The common standard measures the same debt against what the company is worth on the stock market, where it works out low enough to pass. Every other check, the two agree on. So in practice, most halal apps would treat this as fine to hold, while our stricter view would not — and which line you follow is between you and your scholar.
What these two standards are, and how they differ →
- Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
- Debt load Interest-bearing debt is 50.0% of its assets, above the one-third ceiling the screen allows. Against market value it is 23.9%, under the 30% line the market-value standard uses — so that standard clears it. Divergent
- Interest-bearing cash Cash held in interest-bearing accounts and securities is 1.7% of assets, under the one-third limit. Pass
- Receivables Money owed to the company is 7.9% of assets, under the 49% limit. Pass
- Revenue purity Only 0.0% of revenue comes from non-compliant sources — under the 5% line. Pass
Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.
The business, in plain words · what the numbers mean
Bins fill daily but debt weighs heavy
Think of the trucks that rumble through every suburb before dawn, hauling away what households and factories no longer want. Waste Management runs that essential service across North America and beyond, yet the shares sit 7 percent above our fair value at $239 while forward earnings trade at 26 times for just 4 percent revenue growth.
We pass because the numbers do not add up. A 30 percent return on equity and 11 percent margins look solid on the surface, yet the modest growth and moderate moat do not justify paying a premium that leaves no margin of safety. The ethical screen also flags a clear fail on the debt ratio, which rules the name out regardless of what 25 analysts say.
High leverage adds real vulnerability when interest rates stay elevated or volumes soften, and the market price already bakes in more optimism than the growth profile supports. Analysis, not advice.
| Forward P/E | 25.9x expensive even after accounting for its growth |
| Trailing P/E | 34.6x a premium valuation |
| Revenue growth | 3.5% slow but positive growth |
| Profit margin | 11.0% thin but positive margins |
| Return on equity | 29.9% an exceptional return on shareholder capital |
| Debt to equity | 2.28 heavy leverage — higher risk if revenue softens |
| Current ratio | 0.93 below 1 — short-term bills exceed liquid assets |
| Beta | 0.45 barely tracks the market's swings |
| Market cap | $95.9B |
| Employees | 60,500 |
The risks · The things to watch: it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Latest news · what the market is reading on WM
- › Waste Management Network & Steady Returns Aid WM Amid High Debt Zacks · 18d ago
- › ONT vs. WM: Which Stock Should Value Investors Buy Now? Zacks · 20d ago
- › Waste Management (WM) Stock May Be Fairly Priced After Analyst Upgrade Simply Wall St. · 20d ago
- › Waste Management (WM) Could Be 7% Undervalued On Its Sustainability Growth Story Simply Wall St. · 20d ago
- › Waste Management (WM) Ascends While Market Falls: Some Facts to Note Zacks · 20d ago
Headlines from third-party outlets, linked for reference — not our reporting, not advice.
Related securities · others in WM's space worth a look
Screened names in the same industry · explore each on its own page.
Where & how to trade · wherever in the world you are
WM trades on a US exchange. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The trader read · the latest dated commentary
The dated journal · newest first, never edited
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 8.6% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256. It reported earnings in this window, a natural checkpoint for the thesis.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is holding around 3% above its long-term trend line with momentum reading bearish. Over the past year the shares are down 3%. Our forward projection puts the odds of a 10% gain over the next month near 8%. The street (25 analysts) rates it buy, with a mean price target of $256.
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
The insider ledger · Form 4 filings, as filed
| Date | Insider | Title | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-20 | DALBY MARCEL | Officer | 2,257 | · | |
| 2026-05-20 | HEMMER TARA J | Chief Operating Officer | 2,544 | · | |
| 2026-05-15 | CHINN BRUCE E. | Director | 861 | $190,031 | |
| 2026-05-15 | GLUSKI ANDRES RICARDO | Director | 861 | $190,031 | |
| 2026-05-15 | BENE THOMAS L | Director | 861 | $190,031 | |
| 2026-05-15 | SYLVESTER MARYROSE T | Director | 861 | $190,031 | |
| 2026-05-15 | HOLT VICTORIA M | Director | 861 | $190,031 | |
| 2026-05-15 | MAZZARELLA KATHLEEN M. | Director | 1,314 | $290,013 | |
| 2026-05-15 | PLUMMER WILLIAM B | Director | 861 | $190,031 | |
| 2026-05-15 | MENKE SEAN EDWARD | Director | 861 | $190,031 |
Public filings, recorded as found. The full tape lives at Insider Intelligence.
The political ledger · congressional disclosures
| Date | Politician | Party | Type | Amount |
|---|---|---|---|---|
| 27 May2026 | John Boozman | Republican | sell | 1K–15K |
| 15 May2026 | Ro Khanna | Democrat | buy | 1K–15K |
What holding actually paid · price plus dividends
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $213.19 | +5.2% | $0.95 | $1,056 | +5.6% |
| 2 months | $228.46 | -1.8% | $0.95 | $986 | -1.4% |
| 3 months | $236.64 | -5.2% | $1.89 | $956 | -4.4% |
| 6 months | $210.30 | +6.7% | $1.89 | $1,075 | +7.5% |
| 1 year | $230.30 | -2.6% | $3.54 | $989 | -1.1% |
| 2 years | $195.74 | +14.6% | $6.69 | $1,180 | +18.0% |
| 3 years | $155.38 | +44.4% | $9.59 | $1,505 | +50.5% |
| 5 years | $129.39 | +73.3% | $14.74 | $1,847 | +84.7% |
Historical returns from market close data. Past performance does not guarantee future results.