Seasonality
WM seasonality — Waste Management
Over the last 11 years, WM's strongest month on average has been November (+4.5%) and its weakest September (-2.7%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +1.19% | +1.81% | 60% | +9.2% | -9.9% | 10 |
| Feb | +1.72% | +2.56% | 50% | +10.8% | -8.9% | 10 |
| Mar | +1.66% | +1.04% | 50% | +16.4% | -16.5% | 10 |
| Apr | +1.98% | +1.48% | 70% | +8.1% | -3.4% | 10 |
| May | +0.19% | +1.52% | 70% | +6.7% | -9.1% | 10 |
| Jun | +0.85% | +0.10% | 50% | +7.1% | -5.0% | 10 |
| Jul | +2.26% | +2.05% | 80% | +10.7% | -5.5% | 10 |
| Aug | +1.27% | +2.31% | 70% | +4.6% | -4.3% | 10 |
| Sep | -2.66% | -2.61% | 10% | +1.5% | -6.8% | 10 |
| Oct | +1.98% | +1.49% | 50% | +14.5% | -9.5% | 10 |
| Nov | +4.55% | +4.78% | 100% | +10.4% | +0.1% | 9 |
| Dec | -0.68% | +0.89% | 60% | +4.9% | -11.6% | 10 |
Monthly returns heat map — WM
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.1 | 8.4 | -4.6 | 1.2 | -9.1 | 5.4 | 1.6 | -3.4 | -6.8 | 14.5 | 1.2 | +7.5% | |
| 2025 | 9.2 | 5.7 | -0.6 | 0.8 | 3.3 | -5.0 | 0.1 | -1.2 | -2.5 | -9.5 | 9.1 | 0.8 | +8.9% |
| 2024 | 3.6 | 10.8 | 3.6 | -2.4 | 1.3 | 1.2 | -5.0 | 4.6 | -2.1 | 4.0 | 5.7 | -11.6 | +12.7% |
| 2023 | -1.4 | -3.2 | 8.9 | 1.8 | -2.5 | 7.1 | -5.5 | -4.3 | -2.8 | 7.8 | 4.0 | 4.7 | +14.2% |
| 2022 | -9.9 | -4.0 | 9.8 | 3.8 | -3.6 | -3.5 | 7.6 | 2.7 | -5.2 | -1.1 | 5.9 | -6.5 | -6.0% |
| 2021 | -5.6 | -0.4 | 16.4 | 6.9 | 2.0 | -0.4 | 5.8 | 4.6 | -3.7 | 7.3 | 0.3 | 3.9 | +41.5% |
| 2020 | 6.8 | -8.9 | -16.5 | 8.1 | 6.7 | -0.8 | 3.5 | 4.0 | -0.7 | -4.7 | 10.4 | -1.0 | +3.5% |
| 2019 | 7.5 | 5.8 | 2.6 | 3.3 | 1.9 | 5.5 | 1.4 | 2.0 | -3.6 | -2.4 | 0.6 | 0.9 | +28.1% |
| 2018 | 2.5 | -2.4 | -2.5 | -3.4 | 1.8 | -1.7 | 10.7 | 1.0 | -0.6 | -1.0 | 4.8 | -5.1 | +3.1% |
| 2017 | -2.0 | 5.5 | -0.6 | -0.2 | 0.2 | 0.6 | 2.5 | 2.6 | 1.5 | 5.0 | 0.1 | 4.9 | +21.7% |
| 2016 | 2.0 |