Waste Management (WM) EBITDA Margin (2009 - 2026)
Waste Management (WM) posted EBITDA Margin of 30.37% for Q2 2026, up 1.46 percentage points from 28.91% a year earlier and up 0.69 percentage points from the prior quarter.
Waste Management (WM) EBITDA Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Waste Management was 29.30%, up 0.86 percentage points year-over-year; for FY2025, it was 28.45%, down 0.24 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +1.48 percentage points (FY2020 to FY2025).
- In prior years, Waste Management's EBITDA Margin was 28.69% in FY2024 (+1.05 pp), 27.64% in FY2023 (+0.21 pp), 27.43% in FY2022 (-0.25 pp) and 27.68% in FY2021 (+0.71 pp).
- Quarterly EBITDA Margin has run from a low of 25.13% in Q4 2023 to a high of 30.49% in Q4 2025 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last three quarters, with an average year-over-year change of +0.51 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2025, with a gain of 3.83 percentage points; the weakest was Q3 2025, with a drop of 3.23 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 29.68% (Q1 2026), 30.49% (Q4 2025) and 26.66% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 92.32 Bn | 91.23 Bn | 2.73 Bn | 30.37% |
| 2 | Republic Services | 70.81 Bn | 70.43 Bn | 1.87 Bn | 32.03% |
| 3 | Waste Connections | 42.61 Bn | 42.23 Bn | 1.08 Bn | 31.75% |
| 4 | Clean Harbors | 16.88 Bn | 13.89 Bn | 608.78 Mn | 22.59% |
| 5 | GFL Environmental | 16.17 Bn | 14.28 Bn | 385.80 Mn | 38.86% |
| 6 | Casella Waste Systems | 5.78 Bn | 4.90 Bn | 178.80 Mn | 20.08% |
| 7 | Onterris | 513.82 Mn | 473.09 Mn | 82.26 Mn | 10.26% |
| 8 | Perma Fix Environmental Services | 247.60 Mn | 139.16 Mn | -2.50 Mn | -46.57% |
| 9 | Comstock | 138.36 Mn | 5.32 Mn | -896,073.00 | -9,744.96% |
| 10 | Deep Isolation Nuclear | 109.56 Mn | 109.56 Mn | 707,000.00 | -244.05% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.37% |
| Mar 31, 2026 | 29.68% |
| Dec 31, 2025 | 30.49% |
| Sep 30, 2025 | 26.66% |
| Jun 30, 2025 | 28.91% |
| Mar 31, 2025 | 28.32% |
| Dec 31, 2024 | 26.66% |
| Sep 30, 2024 | 29.90% |
| Jun 30, 2024 | 28.73% |
| Mar 31, 2024 | 29.66% |
| Dec 31, 2023 | 25.13% |
| Sep 30, 2023 | 29.63% |
| Jun 30, 2023 | 28.62% |
| Mar 31, 2023 | 27.19% |
| Dec 31, 2022 | 26.55% |
| Sep 30, 2022 | 28.47% |
| Jun 30, 2022 | 27.81% |
| Mar 31, 2022 | 26.82% |
| Dec 31, 2021 | 26.25% |
| Sep 30, 2021 | 28.36% |
Waste Management EBITDA 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=ebitda-margin&ticker=WM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-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=ebitda-margin&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();