Waste Management Inc
$110.24B- Market cap
- $87.53B
- Debt
- +$22.91B
- Cash
- −$201.00M
Capital structure 79% equity / 21% debt · EV / Revenue 4.37x · EV / EBITDA 23.10x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: WM stock price near parity vs AMT $218.99 current versus $218.18 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at AMT's multiple
Implied fair value · at WM's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: WM FY 2025 (ended Dec 31, 2025) · AMT FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 79% equity / 21% debt · EV / Revenue 4.37x · EV / EBITDA 23.10x
Capital structure 69% equity / 31% debt · EV / Revenue 11.05x · EV / EBITDA 18.64x
AMT carries the larger enterprise value at $117.67B against $110.24B; WM trades on the lower EV / Revenue multiple (4.37x vs 11.05x); AMT on the lower EV / EBITDA (18.64x vs 23.10x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
WASTE MANAGEMENT INC · implied price per share
Bear
$28.10
Base
$44.57
Bull
$66.79
AMERICAN TOWER CORPORATION · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
2.29x
10.19x
Net debt / EBITDA
Leverage against operating earnings
4.76x
5.66x
Cash and equivalents
Liquid reserves on the balance sheet
$201.00M
$1.47B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
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Prologis, Inc.
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$22.91B
$37.22B
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