Growth Metrics

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

Waste Management (WM) has disclosed Gross Margin for 17 consecutive years, with 41.5% as the latest value for Q4 2025.

  • Quarterly Gross Margin fell 5436.0% to 41.5% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 40.44% through Dec 2025, down 1390.0% year-over-year, with the annual reading at 40.44% for FY2025, 110.0% up from the prior year.
  • Gross Margin hit 41.5% in Q4 2025 for Waste Management, up from 40.51% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 95.86% in Q4 2024 to a low of 36.83% in Q4 2021.
  • Historically, Gross Margin has averaged 41.54% across 5 years, with a median of 38.87% in 2021.
  • Biggest five-year swings in Gross Margin: skyrocketed 5616bps in 2024 and later tumbled -5436bps in 2025.
  • Year by year, Gross Margin stood at 36.83% in 2021, then grew by 1bps to 37.33% in 2022, then increased by 6bps to 39.7% in 2023, then skyrocketed by 141bps to 95.86% in 2024, then tumbled by -57bps to 41.5% in 2025.
  • Business Quant data shows Gross Margin for WM at 41.5% in Q4 2025, 40.51% in Q3 2025, and 40.3% in Q2 2025.