Waste Management (WM) Gross Margin (2009 - 2026)

Waste Management has disclosed Gross Margin across 18 years of filings, most recently posting 40.68% for Q1 2026.

• Gross Margin for Q1 2026 came in at 40.68%, up 70.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.74% (down 1325.0% YoY), and the FY2025 annual result was 40.44%, up 110.0% from the prior year.
• Gross Margin came in at 40.68% for Q1 2026 at Waste Management, down from 41.5% 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 36.92% in Q1 2023.
• The 5-year median for Gross Margin is 39.14% (2024), against an average of 42.34%.
• Across the five-year window, Gross Margin surged 5616 bps in 2024 and sank 5436 bps in 2025, its largest moves.
• Waste Management's Gross Margin stood at 37.33% in 2022, then rose by 6 bps to 39.7% in 2023, then surged by 141 bps to 95.86% in 2024, then tumbled by 57 bps to 41.5% in 2025, then retreated by 2 bps to 40.68% in 2026.
• The last three Gross Margin figures came in at 40.68% (Q1 2026), 41.5% (Q4 2025), and 40.51% (Q3 2025), per Business Quant data.