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| Date | Value |
|---|---|
| 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% |