• Waste Management average return on tangible equity for 2024 was -80.33, a 12.21% decline from 2023.
• Waste Management average return on tangible equity for 2023 was -71.59, a 6.32% increase from 2022.
• Waste Management average return on tangible equity for 2022 was -76.42, a 11.38% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.