Waste Management (WM) EBIT Margin (2009 - 2026)
Waste Management's (WM) quarterly EBIT Margin came in at 18.75% in Q2 2026, up 85.0% year-over-year from 10.13% in Q2 2025, and up 4.88% quarter-over-quarter from 17.87% in Q1 2026.
Analysis
Waste Management (WM) EBIT Margin (2009 - 2026) Analysis & Trends
Waste Management has disclosed EBIT Margin across 18 years of filings, most recently posting 18.75% for Q2 2026.
- In Q2 2026, EBIT Margin rose 85.0% year-over-year to 18.75%; the TTM figure through Jun 2026 stood at 17.57% (up 3.0% YoY), while the FY2025 annual figure was 17.09%, down 132.0% from the prior year.
- EBIT Margin came in at 18.75% for Q2 2026 at Waste Management, up from 17.87% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 19.95% in Q3 2024 to a low of 15.05% in Q4 2023.
- Average EBIT Margin over 5 years is 17.62%, with a median of 17.89% recorded in 2025.
- Year-over-year, EBIT Margin soared 283 bps in 2024 and sank 460 bps in 2025.
- Over 5 years, EBIT Margin stood at 15.5% in 2022, then slipped by 3 bps to 15.05% in 2023, then grew by 4 bps to 15.59% in 2024, then grew by 17 bps to 18.3% in 2025, then advanced by 2 bps to 18.75% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 18.75% in Q2 2026, 17.87% in Q1 2026, and 18.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.95 Bn | 86.39 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 68.53 Bn | 68.42 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 40.83 Bn | 40.74 Bn | 1.08 Bn | 17.08% |
| 4 | GFL Environmental | 15.58 Bn | 15.39 Bn | 385.80 Mn | -11.00% |
| 5 | Casella Waste Systems | 5.76 Bn | 5.73 Bn | 178.80 Mn | 3.67% |
| 6 | Comstock | 231.29 Mn | 231.29 Mn | -896,073.00 | -9,872.81% |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | -15.55% |
| 8 | ReTo Eco-Solutions | 50,253.09 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.75% |
| Mar 31, 2026 | 17.87% |
| Dec 31, 2025 | 18.30% |
| Sep 30, 2025 | 15.35% |
| Jun 30, 2025 | 17.90% |
| Mar 31, 2025 | 16.83% |
| Dec 31, 2024 | 15.59% |
| Sep 30, 2024 | 19.95% |
| Jun 30, 2024 | 18.68% |
| Mar 31, 2024 | 19.69% |
| Dec 31, 2023 | 15.05% |
| Sep 30, 2023 | 19.64% |
| Jun 30, 2023 | 18.44% |
| Mar 31, 2023 | 16.86% |
| Dec 31, 2022 | 15.50% |
| Sep 30, 2022 | 18.56% |
| Jun 30, 2022 | 17.70% |
| Mar 31, 2022 | 16.48% |
| Dec 31, 2021 | 15.35% |
| Sep 30, 2021 | 17.28% |