Growth Metrics

Waste Management (WM) FCF Margin (2016 - 2025)

Waste Management's FCF Margin history spans 17 years, with the latest figure at 12.83% for Q4 2025.

  • For Q4 2025, FCF Margin rose 611.0% year-over-year to 12.83%; the TTM value through Dec 2025 reached 11.17%, up 139.0%, while the annual FY2025 figure was 11.17%, 139.0% up from the prior year.
  • FCF Margin for Q4 2025 was 12.83% at Waste Management, up from 12.66% in the prior quarter.
  • Across five years, FCF Margin topped out at 20.67% in Q1 2021 and bottomed at 3.79% in Q4 2022.
  • The 5-year median for FCF Margin is 10.12% (2024), against an average of 10.75%.
  • The largest annual shift saw FCF Margin soared 1247bps in 2021 before it tumbled -1017bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 4.64% in 2021, then dropped by -18bps to 3.79% in 2022, then surged by 72bps to 6.52% in 2023, then increased by 3bps to 6.72% in 2024, then surged by 91bps to 12.83% in 2025.
  • Per Business Quant, the three most recent readings for WM's FCF Margin are 12.83% (Q4 2025), 12.66% (Q3 2025), and 12.64% (Q2 2025).