Waste Price to Sales Ratio vs Cost of Revenue Analysis

WM Stock

USD 205.07 1.08 0.52%

Waste Management financial indicator trend analysis is more than just analyzing Waste Management current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waste Management is a good investment. Please check the relationship between Waste Management Price To Sales Ratio and its Cost Of Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

Price To Sales Ratio vs Cost Of Revenue

Price to Sales Ratio vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waste Management Price to Sales Ratio account and Cost of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Waste Management's Price to Sales Ratio and Cost of Revenue is -0.26. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of Waste Management, assuming nothing else is changed. The correlation between historical values of Waste Management's Price to Sales Ratio and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Waste Management are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Price to Sales Ratio i.e., Waste Management's Price to Sales Ratio and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Waste Management stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Waste Management sales, a figure that is much harder to manipulate than other Waste Management multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Cost Of Revenue

Cost of Revenue is found on Waste Management income statement and represents the costs associated with goods and services Waste Management provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from Waste Management's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waste Management current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.At this time, Waste Management's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 19th of April 2024, Enterprise Value is likely to grow to about 23.5 B, while Selling General Administrative is likely to drop about 1.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	6.8B	7.4B	7.8B	4.1B
Total Revenue	17.9B	19.7B	20.4B	10.9B

Gross Profit Total Revenue

Waste Management fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Retained Earnings	Other Current Assets	Other Stockholder Equity	Accounts Payable	Property Plant And Equipment Gross	Inventory	Common Stock Total Equity	Common Stock
Total Assets		0.82	0.57	0.96	0.96	0.99	0.8	0.25	0.99	0.28	0.25	0.96	0.75	0.82	1.0	0.76	0.31	0.72	0.76	0.66	-0.57	0.38	0.55	0.26	-0.18	-0.18
Short Long Term Debt Total	0.82		0.61	0.81	0.76	0.81	0.98	0.26	0.81	0.17	0.26	0.77	0.61	1.0	0.83	0.68	0.19	0.89	0.97	0.79	-0.83	0.23	0.82	0.24	-0.67	-0.67
Other Current Liab	0.57	0.61		0.48	0.47	0.55	0.59	0.19	0.57	0.5	0.2	0.38	0.14	0.6	0.58	0.4	-0.09	0.51	0.58	0.35	-0.56	-0.51	0.57	0.66	-0.25	-0.25
Total Current Liabilities	0.96	0.81	0.48		0.93	0.96	0.81	0.14	0.96	0.19	0.14	0.94	0.77	0.8	0.95	0.68	0.49	0.72	0.76	0.73	-0.58	0.48	0.6	0.25	-0.23	-0.23
Total Stockholder Equity	0.96	0.76	0.47	0.93		0.95	0.73	0.28	0.95	0.32	0.28	0.93	0.86	0.76	0.93	0.76	0.45	0.67	0.69	0.62	-0.42	0.39	0.39	0.13	-0.13	-0.13
Property Plant And Equipment Net	0.99	0.81	0.55	0.96	0.95		0.8	0.15	0.99	0.2	0.15	0.95	0.79	0.81	0.98	0.69	0.35	0.69	0.74	0.59	-0.54	0.38	0.55	0.32	-0.21	-0.21
Net Debt	0.8	0.98	0.59	0.81	0.73	0.8		0.04	0.81	0.07	0.03	0.76	0.61	0.98	0.8	0.52	0.22	0.92	0.96	0.75	-0.84	0.25	0.86	0.29	-0.69	-0.69
Cash	0.25	0.26	0.19	0.14	0.28	0.15	0.04		0.13	0.48	1.0	0.16	0.12	0.22	0.24	0.81	-0.1	-0.01	0.18	0.31	-0.1	-0.02	-0.05	-0.19	0.0	0.0
Non Current Assets Total	0.99	0.81	0.57	0.96	0.95	0.99	0.81	0.13		0.24	0.13	0.95	0.74	0.81	0.99	0.68	0.33	0.73	0.75	0.63	-0.57	0.37	0.57	0.3	-0.18	-0.18
Non Currrent Assets Other	0.28	0.17	0.5	0.19	0.32	0.2	0.07	0.48	0.24		0.49	0.09	0.06	0.15	0.26	0.42	0.24	0.19	0.06	0.17	0.06	-0.43	-0.02	0.26	0.21	0.21
Cash And Short Term Investments	0.25	0.26	0.2	0.14	0.28	0.15	0.03	1.0	0.13	0.49		0.16	0.13	0.22	0.24	0.81	-0.09	-0.01	0.17	0.3	-0.09	-0.03	-0.05	-0.17	0.0	0.0
Net Receivables	0.96	0.77	0.38	0.94	0.93	0.95	0.76	0.16	0.95	0.09	0.16		0.75	0.77	0.95	0.71	0.28	0.72	0.75	0.68	-0.58	0.57	0.49	0.03	-0.16	-0.16
Common Stock Shares Outstanding	0.75	0.61	0.14	0.77	0.86	0.79	0.61	0.12	0.74	0.06	0.13	0.75		0.62	0.7	0.56	0.6	0.5	0.49	0.45	-0.16	0.52	0.22	0.01	-0.2	-0.2
Non Current Liabilities Total	0.82	1.0	0.6	0.8	0.76	0.81	0.98	0.22	0.81	0.15	0.22	0.77	0.62		0.83	0.65	0.17	0.89	0.97	0.78	-0.84	0.24	0.83	0.25	-0.68	-0.68
Total Liab	1.0	0.83	0.58	0.95	0.93	0.98	0.8	0.24	0.99	0.26	0.24	0.95	0.7	0.83		0.75	0.26	0.72	0.78	0.67	-0.61	0.37	0.59	0.28	-0.2	-0.2
Total Current Assets	0.76	0.68	0.4	0.68	0.76	0.69	0.52	0.81	0.68	0.42	0.81	0.71	0.56	0.65	0.75		0.14	0.45	0.6	0.64	-0.43	0.29	0.3	-0.05	-0.14	-0.14
Short Term Debt	0.31	0.19	-0.09	0.49	0.45	0.35	0.22	-0.1	0.33	0.24	-0.09	0.28	0.6	0.17	0.26	0.14		0.2	0.09	0.27	0.16	0.33	0.03	0.13	-0.01	-0.01
Intangible Assets	0.72	0.89	0.51	0.72	0.67	0.69	0.92	-0.01	0.73	0.19	-0.01	0.72	0.5	0.89	0.72	0.45	0.2		0.89	0.8	-0.79	0.24	0.75	0.1	-0.55	-0.55
Retained Earnings	0.76	0.97	0.58	0.76	0.69	0.74	0.96	0.18	0.75	0.06	0.17	0.75	0.49	0.97	0.78	0.6	0.09	0.89		0.83	-0.93	0.25	0.87	0.14	-0.69	-0.69
Other Current Assets	0.66	0.79	0.35	0.73	0.62	0.59	0.75	0.31	0.63	0.17	0.3	0.68	0.45	0.78	0.67	0.64	0.27	0.8	0.83		-0.75	0.4	0.68	-0.11	-0.43	-0.43
Other Stockholder Equity	-0.57	-0.83	-0.56	-0.58	-0.42	-0.54	-0.84	-0.1	-0.57	0.06	-0.09	-0.58	-0.16	-0.84	-0.61	-0.43	0.16	-0.79	-0.93	-0.75		-0.15	-0.91	-0.16	0.7	0.7
Accounts Payable	0.38	0.23	-0.51	0.48	0.39	0.38	0.25	-0.02	0.37	-0.43	-0.03	0.57	0.52	0.24	0.37	0.29	0.33	0.24	0.25	0.4	-0.15		0.11	-0.47	-0.03	-0.03
Property Plant And Equipment Gross	0.55	0.82	0.57	0.6	0.39	0.55	0.86	-0.05	0.57	-0.02	-0.05	0.49	0.22	0.83	0.59	0.3	0.03	0.75	0.87	0.68	-0.91	0.11		0.39	-0.72	-0.72
Inventory	0.26	0.24	0.66	0.25	0.13	0.32	0.29	-0.19	0.3	0.26	-0.17	0.03	0.01	0.25	0.28	-0.05	0.13	0.1	0.14	-0.11	-0.16	-0.47	0.39		-0.14	-0.14
Common Stock Total Equity	-0.18	-0.67	-0.25	-0.23	-0.13	-0.21	-0.69	0.0	-0.18	0.21	0.0	-0.16	-0.2	-0.68	-0.2	-0.14	-0.01	-0.55	-0.69	-0.43	0.7	-0.03	-0.72	-0.14		1.0
Common Stock	-0.18	-0.67	-0.25	-0.23	-0.13	-0.21	-0.69	0.0	-0.18	0.21	0.0	-0.16	-0.2	-0.68	-0.2	-0.14	-0.01	-0.55	-0.69	-0.43	0.7	-0.03	-0.72	-0.14	1.0

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Waste Management Account Relationship Matchups

Waste Management fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	27.7B	29.3B	29.1B	31.4B	32.8B	18.0B
Short Long Term Debt Total	13.5B	13.8B	13.4B	15.0B	16.2B	17.0B
Other Current Liab	1.3B	1.3B	1.4B	1.6B	1.6B	956.8M
Total Current Liabilities	3.1B	3.6B	4.1B	4.4B	4.2B	2.7B
Total Stockholder Equity	7.1B	7.5B	7.1B	6.8B	6.9B	4.7B
Property Plant And Equipment Net	12.9B	14.1B	14.4B	15.7B	17.0B	9.5B
Net Debt	9.9B	13.3B	13.3B	14.6B	15.8B	16.6B
Cash	3.6B	553M	118M	351M	458M	382.1M
Non Current Assets Total	21.5B	25.8B	26.0B	27.8B	29.0B	15.6B
Non Currrent Assets Other	1.6B	1.6B	1.7B	(364M)	(394M)	(374.3M)
Cash And Short Term Investments	3.6B	553M	118M	351M	458M	387.4M
Net Receivables	2.3B	2.6B	2.5B	2.8B	2.9B	1.6B
Common Stock Shares Outstanding	427.5M	425.1M	422.9M	415M	406.9M	402.9M
Liabilities And Stockholders Equity	27.7B	29.3B	29.1B	31.4B	32.8B	18.0B
Non Current Liabilities Total	17.5B	18.3B	17.9B	20.1B	21.7B	22.8B
Total Liab	20.7B	21.9B	22.0B	24.5B	25.9B	13.2B
Total Current Assets	6.2B	3.5B	3.1B	3.6B	3.8B	2.5B
Short Term Debt	218M	551M	708M	414M	334M	484.6M
Intangible Assets	521M	1.0B	898M	827M	759M	963.3M
Retained Earnings	10.6B	11.2B	12.0B	13.2B	14.3B	15.1B
Other Current Assets	329M	363M	405M	448M	303M	412.8M
Other Stockholder Equity	(3.5B)	(3.8B)	(4.9B)	(6.3B)	(7.4B)	(7.0B)
Accounts Payable	1.1B	1.1B	1.4B	1.8B	1.7B	995.7M
Property Plant And Equipment Gross	12.9B	14.1B	35.0B	37.3B	39.8B	41.8B
Accumulated Other Comprehensive Income	(8M)	39M	17M	(69M)	(37M)	(38.9M)
Other Liab	3.7B	3.9B	5.1B	5.2B	5.8B	3.0B
Other Assets	681M	1.6B	1.7B	1.9B	2.2B	2.4B
Long Term Debt	13.3B	12.9B	12.7B	14.6B	15.9B	10.5B
Good Will	6.5B	9.0B	9.0B	9.3B	9.3B	6.9B
Treasury Stock	(8.4B)	(8.6B)	(8.9B)	(10.1B)	(9.1B)	(8.6B)
Property Plant Equipment	12.9B	14.1B	14.4B	15.7B	18.1B	13.0B
Current Deferred Revenue	534M	539M	571M	589M	578M	532.5M
Net Tangible Assets	15M	(2.6B)	(2.8B)	(3.3B)	(3.0B)	(2.8B)
Retained Earnings Total Equity	10.6B	11.2B	12.0B	13.2B	15.1B	9.3B

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When determining whether Waste Management is a strong investment it is important to analyze Waste Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports:

How To Invest In Waste

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Is Waste Stock a good investment?

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What is Waste Management's Net Worth?

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Largest Environmental & Facilities Services Companies

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Largest Commercial & Professional Services Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.

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Is Waste Management's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.01

Dividend Share

2.8

Earnings Share

5.66

Revenue Per Share

50.447

Quarterly Revenue Growth

0.057

The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Waste Price to Sales Ratio vs Cost of Revenue Analysis

Price To Sales Ratio vs Cost Of Revenue

Price to Sales Ratio vs Cost of Revenue Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Cost Of Revenue

Waste Management fundamental ratios Correlations

Waste Management Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Waste Management fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Other Stockholder Equity	- 0.93	Retained Earnings
Property Plant And Equipment Gross	- 0.91	Other Stockholder Equity
Other Stockholder Equity	- 0.84	Non Current Liabilities Total
Other Stockholder Equity	- 0.84	Net Debt
Other Stockholder Equity	- 0.83	Short Long Term Debt Total
Other Stockholder Equity	- 0.79	Intangible Assets