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

Waste Management's (WM) quarterly Net Margin came in at 11.61% in Q1 2026, up 103.0% year-on-year from 5.72% in Q1 2025, and down 33.67% quarter-over-quarter from 17.5% in Q4 2025.

Waste Management (WM) Net Margin (2009 - 2026) Analysis & Trends

Waste Management has disclosed Net Margin across 18 years of filings, most recently posting 11.61% for Q1 2026.

  • Net Margin for Q1 2026 came in at 11.61%, up 103.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.43% (up 76.0% YoY), and the FY2025 annual result was 12.19%, down 25.0% from the prior year.
  • Net Margin came in at 11.61% for Q1 2026 at Waste Management, down from 17.5% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 17.5% in Q4 2025 to a low of 46.18% in Q4 2023.
  • The 5-year median for Net Margin is 11.61% (2026), against an average of 8.54%.
  • Across the five-year window, Net Margin sank 5631 bps in 2023 and soared 5632 bps in 2024, its largest moves.
  • Waste Management's Net Margin stood at 10.13% in 2022, then plunged by 556 bps to 46.18% in 2023, then surged by 122 bps to 10.15% in 2024, then soared by 72 bps to 17.5% in 2025, then plunged by 34 bps to 11.61% in 2026.
  • The last three Net Margin figures came in at 11.61% (Q1 2026), 17.5% (Q4 2025), and 9.36% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -13.33%
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 9.25%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 4.33%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn -1.21%
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 -436.17%
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 11.61%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -1.01%
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 11.61%
Dec 31, 2025 17.50%
Sep 30, 2025 9.36%
Jun 30, 2025 11.31%
Mar 31, 2025 10.58%
Dec 31, 2024 10.15%
Sep 30, 2024 13.55%
Jun 30, 2024 12.59%
Mar 31, 2024 13.70%
Dec 31, 2023 -46.18%
Sep 30, 2023 12.74%
Jun 30, 2023 11.97%
Mar 31, 2023 10.87%
Dec 31, 2022 10.13%
Sep 30, 2022 12.59%
Jun 30, 2022 11.68%
Mar 31, 2022 11.03%
Dec 31, 2021 10.82%
Sep 30, 2021 11.55%
Jun 30, 2021 7.84%