Waste Management (WM) EBT Margin (2009 - 2026)
Waste Management's (WM) quarterly EBT Margin came in at 15.32% in Q2 2026, up 89.0% year-over-year from 8.11% in Q2 2025, and up 7.07% quarter-over-quarter from 14.31% in Q1 2026.
Analysis
Waste Management (WM) EBT Margin (2009 - 2026) Analysis & Trends
Waste Management has disclosed EBT Margin across 18 years of filings, most recently posting 15.32% for Q2 2026.
- In Q2 2026, EBT Margin rose 89.0% year-over-year to 15.32%; the TTM figure through Jun 2026 stood at 14.12% (down 12.0% YoY), while the FY2025 annual figure was 13.59%, down 208.0% from the prior year.
- EBT Margin came in at 15.32% for Q2 2026 at Waste Management, up from 14.31% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 17.74% in Q3 2024 to a low of 11.88% in Q4 2024.
- Average EBT Margin over 5 years is 14.74%, with a median of 14.62% recorded in 2025.
- Year-over-year, EBT Margin surged 525 bps in 2022 and sank 571 bps in 2025.
- Over 5 years, EBT Margin stood at 13.03% in 2022, then slipped by 5 bps to 12.34% in 2023, then retreated by 4 bps to 11.88% in 2024, then grew by 25 bps to 14.81% in 2025, then advanced by 3 bps to 15.32% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 15.32% in Q2 2026, 14.31% in Q1 2026, and 14.81% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.70 Bn | 86.15 Bn | 2.73 Bn | 15.32% |
| 2 | Republic Services | 68.30 Bn | 68.20 Bn | 1.87 Bn | 15.78% |
| 3 | Waste Connections | 40.78 Bn | 40.69 Bn | 1.08 Bn | 14.98% |
| 4 | GFL Environmental | 15.50 Bn | 15.31 Bn | 385.80 Mn | -9.45% |
| 5 | Casella Waste Systems | 5.77 Bn | 5.74 Bn | 178.80 Mn | 0.62% |
| 6 | Comstock | 230.47 Mn | 230.47 Mn | -896,073.00 | -9,797.26% |
| 7 | Quest Resource Holding | 30.08 Mn | 29.06 Mn | 10.43 Mn | -19.00% |
| 8 | ReTo Eco-Solutions | 52,556.85 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.32% |
| Mar 31, 2026 | 14.31% |
| Dec 31, 2025 | 14.81% |
| Sep 30, 2025 | 12.03% |
| Jun 30, 2025 | 14.43% |
| Mar 31, 2025 | 13.09% |
| Dec 31, 2024 | 11.88% |
| Sep 30, 2024 | 17.74% |
| Jun 30, 2024 | 16.55% |
| Mar 31, 2024 | 16.84% |
| Dec 31, 2023 | 12.34% |
| Sep 30, 2023 | 16.78% |
| Jun 30, 2023 | 15.80% |
| Mar 31, 2023 | 14.23% |
| Dec 31, 2022 | 13.03% |
| Sep 30, 2022 | 16.32% |
| Jun 30, 2022 | 15.44% |
| Mar 31, 2022 | 14.40% |
| Dec 31, 2021 | 13.72% |
| Sep 30, 2021 | 15.13% |