Growth Metrics

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

Waste Management's Gross Margin history spans 17 years, with the latest figure at 41.5% for Q4 2025.

  • For Q4 2025, Gross Margin rose 179.0% year-over-year to 41.5%; the TTM value through Dec 2025 reached 40.44%, up 110.0%, while the annual FY2025 figure was 40.44%, 110.0% up from the prior year.
  • Gross Margin for Q4 2025 was 41.5% at Waste Management, up from 40.51% in the prior quarter.
  • Across five years, Gross Margin topped out at 41.5% in Q4 2025 and bottomed at 36.83% in Q4 2021.
  • The 5-year median for Gross Margin is 38.87% (2021), against an average of 38.73%.
  • The largest annual shift saw Gross Margin tumbled -189bps in 2021 before it skyrocketed 237bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 36.83% in 2021, then rose by 1bps to 37.33% in 2022, then grew by 6bps to 39.7% in 2023, then increased by 0bps to 39.71% in 2024, then rose by 5bps to 41.5% in 2025.
  • Per Business Quant, the three most recent readings for WM's Gross Margin are 41.5% (Q4 2025), 40.51% (Q3 2025), and 40.3% (Q2 2025).