WM · CIK 0000823768 · FY2025 live · 2025-12-31
WASTE MANAGEMENT INC
View as
Model
Z″
FY2025
2.06
Zone
Grey
vs FY2024
+0.27
Market DD
—
1y PD
—
2.06
Classic Z 1.54
Z″ 2.06 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
−0.016.56 × = −0.09X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.383.26 × = 1.23X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.096.72 × = 0.63X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.281.05 × = 0.29
Five-year path
Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.
Overview
rule-v1
WASTE MANAGEMENT INC is on Z″ at 2.06 (grey) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2024 the live print is still grey (+0.27 from 1.79). No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Grey; market PD —. Tape not priced — not a single default call.
Market DD · naive Merton
No market tape yet.
Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.
Sector peers
Closest Z″ scores · 89th percentile in Utilities.
KPI widgets
Current assets
$4.9B
Total assets
$45.8B
Current liabilities
$5.5B
Total liabilities
$35.8B
Working capital
−$614M
Retained earnings
$17.2B
EBIT
$4.3B
Total sales
$25.2B
Book equity
$10.0B
Accession 0001104659-26-012049. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.