Stock Analysis on Net

Waste Management Inc. (NYSE:WM)

This company has been moved to the archive! The financial data has not been updated since February 15, 2022.

Total Asset Turnover 
since 2005

Microsoft Excel

Calculation

Waste Management Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions


Operating Revenues
The operating revenues displayed a generally positive trend over the analyzed period. Starting at $13,074 million in 2005, revenues experienced moderate fluctuations with a slight dip around 2009, reaching a low of $11,791 million. Following this decline, revenues gradually increased each year, surpassing previous highs to reach $17,931 million by 2021. The growth trend indicates an overall expansion in the company's sales or service income despite occasional downturns.
Total Assets
Total assets remained relatively stable with minor fluctuations during the initial years, ranging between approximately $20,100 million and $23,000 million from 2005 to 2014. Beginning in 2015, there was a marked and sustained increase in total assets, peaking at $29,345 million in 2021. This substantial growth following 2014 suggests significant asset acquisitions or capital investments, indicative of expansion efforts or shifts in asset management strategy.
Total Asset Turnover
The total asset turnover ratio, reflecting efficiency in generating revenues from assets, generally hovered around 0.6 throughout the period. It started at 0.62 in 2005, showed a peak of 0.66 during 2007-2008 and again in 2013-2014, and presented a declining trend from 2015, reaching a low of 0.52 in 2020 before rebounding to 0.62 in 2021. This pattern demonstrates fluctuating efficiency, with a noticeable decline coinciding with the asset growth phase post-2014. The rebound in 2021 might indicate improved asset utilization following recent investments or operational adjustments.

Comparison to Industry (Industrials)

Waste Management Inc., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).