Waste Management (WM) FCF Margin (2009 - 2026)
Waste Management's (WM) quarterly FCF Margin came in at 13.67% in Q1 2026, up 740.0% year-on-year from 1.63% in Q1 2025, and up 6.51% quarter-over-quarter from 12.83% in Q4 2025.
Waste Management (WM) FCF Margin (2009 - 2026) Analysis & Trends
Waste Management has disclosed FCF Margin across 18 years of filings, most recently posting 13.67% for Q1 2026.
- FCF Margin for Q1 2026 came in at 13.67%, up 740.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.95% (up 493.0% YoY), and the FY2025 annual result was 11.17%, up 139.0% from the prior year.
- FCF Margin came in at 13.67% for Q1 2026 at Waste Management, up from 12.83% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 18.02% in Q1 2022 to a low of 3.79% in Q4 2022.
- The 5-year median for FCF Margin is 9.96% (2023), against an average of 10.2%.
- Across the five-year window, FCF Margin plunged 1017 bps in 2023 and soared 740 bps in 2026, its largest moves.
- Waste Management's FCF Margin stood at 3.79% in 2022, then jumped by 72 bps to 6.52% in 2023, then grew by 3 bps to 6.72% in 2024, then jumped by 91 bps to 12.83% in 2025, then increased by 7 bps to 13.67% in 2026.
- The last three FCF Margin figures came in at 13.67% (Q1 2026), 12.83% (Q4 2025), and 12.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | - |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 10.50% |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | -6.31% |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 2.68% |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | -120.60% |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 13.67% |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -41.73% |
| 10 | One & one Green Technologies | 144.62 Mn | 143.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.67% |
| Dec 31, 2025 | 12.83% |
| Sep 30, 2025 | 12.66% |
| Jun 30, 2025 | 12.64% |
| Mar 31, 2025 | 6.26% |
| Dec 31, 2024 | 6.72% |
| Sep 30, 2024 | 10.29% |
| Jun 30, 2024 | 9.02% |
| Mar 31, 2024 | 13.55% |
| Dec 31, 2023 | 6.52% |
| Sep 30, 2023 | 11.35% |
| Jun 30, 2023 | 9.96% |
| Mar 31, 2023 | 7.85% |
| Dec 31, 2022 | 3.79% |
| Sep 30, 2022 | 8.37% |
| Jun 30, 2022 | 9.89% |
| Mar 31, 2022 | 18.02% |
| Dec 31, 2021 | 4.64% |
| Sep 30, 2021 | 15.43% |
| Jun 30, 2021 | 14.45% |