Waste Management (WM) EBIT Margin (2009 - 2026)
Waste Management's EBIT Margin came in at 18.75% for Q2 2026, up 0.85 percentage points from 17.90% a year earlier and up 0.87 percentage points from the prior quarter.
Waste Management (WM) EBIT Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Waste Management reported EBIT Margin of 17.57%, up 0.03 percentage points year-over-year; for FY2025, it came in at 17.09%, down 1.32 percentage points from FY2024.
- EBIT Margin carries a five-year change of +1.10 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 18.42% in FY2024 (+0.91 pp), 17.50% in FY2023 (+0.42 pp), 17.08% in FY2022 (+0.55 pp) and 16.54% in FY2021 (+0.54 pp).
- The Q2 2026 figure represents the highest quarterly EBIT Margin since Q3 2024.
- Year-over-year, EBIT Margin has increased for three consecutive quarters, with an average year-over-year change of -0.35 percentage points over the last eight quarters.
- The fastest year-over-year change in EBIT Margin over five years came in Q1 2024 (a gain of 2.83 percentage points), and the weakest in Q3 2025 (a drop of 4.60 percentage points).
- Business Quant data shows WM's EBIT Margin at 17.87% (Q1 2026), 18.30% (Q4 2025) and 15.35% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 82.59 Bn | 81.50 Bn | 2.73 Bn | 18.75% |
| 2 | Republic Services | 65.21 Bn | 64.82 Bn | 1.87 Bn | 20.34% |
| 3 | Waste Connections | 39.38 Bn | 39.00 Bn | 1.08 Bn | 17.08% |
| 4 | Clean Harbors | 16.54 Bn | 13.55 Bn | 608.78 Mn | 15.50% |
| 5 | GFL Environmental | 15.37 Bn | 13.05 Bn | 385.80 Mn | -11.00% |
| 6 | Casella Waste Systems | 5.11 Bn | 4.23 Bn | 178.80 Mn | 3.67% |
| 7 | Onterris | 512.61 Mn | 471.88 Mn | 82.26 Mn | 3.46% |
| 8 | Perma Fix Environmental Services | 331.69 Mn | 223.25 Mn | -2.50 Mn | -50.50% |
| 9 | Deep Isolation Nuclear | 204.72 Mn | 204.72 Mn | 707,000.00 | -245.94% |
| 10 | Comstock | 185.32 Mn | 188.64 Mn | -896,073.00 | -9,872.81% |
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% |
Waste Management EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "WM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();