Waste Management

Halal Rating :
Comfortable
Last Price $233
Market Cap $93.81b
1D Change

-1.04 %

1 Year Change

16.63 %

Next Earnings Date

Yet to be announced

Company Overview

Waste Management, Inc. provides waste management environmental services to residential, commercial, industrial, and municipal customers in North America. It owns, develops, and operates landfill gas-to-energy facilities in the United States. As of December 31, 2021, the company owned or operated 255 solid waste landfills.

Revenue Sources

Pass

Based on review of Waste Management's operations and financial reports, their primary revenue streams come from waste collection, disposal, recycling, and related environmental services. These activities are halal as they provide essential services and involve the exchange of real goods and services. There is no indication of revenue from gambling, alcohol, tobacco, or other haram sources.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $6.02b $5.0b - - 0.00% 0.00%
Dec. 31, 2024 $5.89b $4.97b - - 0.00% 0.00%
Sept. 30, 2024 $5.61b $4.49b - - 0.00% 0.00%
June 30, 2024 $5.4b $4.39b - - 0.00% 0.00%

Based on the financial data provided, both interest income and interest expense are reported as $0 for the past four quarters. While this seems unusual for a company of this size, even if we assume some interest exists but was rounded to zero in the provided data, there's no evidence that interest plays a material role in the company's operations.

Operational Ethics

Pass

After reviewing available information, including SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in North America, and there are no documented ongoing projects or significant business relationships with the state of Israel or the Chinese Communist Party.

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