Growth Metrics

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

Waste Management (WM) has disclosed Net Margin for 17 consecutive years, with 11.75% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 176.0% to 11.75% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 10.75% through Dec 2025, down 165.0% year-over-year, with the annual reading at 10.75% for FY2025, 165.0% down from the prior year.
  • Net Margin hit 11.75% in Q4 2025 for Waste Management, up from 9.36% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 13.7% in Q1 2024 to a low of 36.45% in Q4 2021.
  • Historically, Net Margin has averaged 8.52% across 5 years, with a median of 11.17% in 2022.
  • Biggest five-year swings in Net Margin: tumbled -33059bps in 2021 and later surged 4376bps in 2022.
  • Year by year, Net Margin stood at 36.45% in 2021, then surged by 120bps to 7.32% in 2022, then dropped by -15bps to 6.25% in 2023, then skyrocketed by 60bps to 9.99% in 2024, then rose by 18bps to 11.75% in 2025.
  • Business Quant data shows Net Margin for WM at 11.75% in Q4 2025, 9.36% in Q3 2025, and 11.31% in Q2 2025.