Waste Management (WM) Tax Rate (2009 - 2026)
Waste Management (WM) posted Tax Rate of 23.24% for Q2 2026, up 23.27% sequentially from 18.86% in Q1 2026, and up 158.0% YoY from 9.01% in Q2 2025.
Waste Management (WM) Tax Rate (2009 - 2026) Analysis & Trends
Waste Management has reported Tax Rate for 18 years, with the latest figure at 23.24% in Q2 2026.
- Quarterly Tax Rate rose 158.0% year-over-year to 23.24% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.35% (up 77.0% YoY) and the FY2025 annual result came in at 21.02%, up 2.0% from the prior year.
- Tax Rate advanced to 23.24% in Q2 2026 per WM's latest filing, from 18.86% in the prior quarter.
- Over five years, Tax Rate peaked at 27.17% in Q4 2023 and troughed at 16.43% in Q4 2024.
- A 5-year average of 22.25% and a median of 23.03% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 1094 bps in 2022, then soared 493 bps in 2023.
- Over 5 years, Tax Rate stood at 22.24% in 2022, then gained by 22 bps to 27.17% in 2023, then tumbled by 40 bps to 16.43% in 2024, then rose by 28 bps to 20.96% in 2025, then climbed by 11 bps to 23.24% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.24%, 18.86%, and 20.96% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.05 Bn | 89.49 Bn | 2.73 Bn | 23.24% |
| 2 | Republic Services | 67.69 Bn | 67.58 Bn | 1.87 Bn | 19.03% |
| 3 | Waste Connections | 42.91 Bn | 42.81 Bn | 1.08 Bn | 22.76% |
| 4 | Clean Harbors | 16.69 Bn | 16.17 Bn | 608.78 Mn | 26.56% |
| 5 | GFL Environmental | 14.92 Bn | 14.73 Bn | 278.90 Mn | -6.01% |
| 6 | Casella Waste Systems | 5.89 Bn | 5.86 Bn | 178.80 Mn | -12.04% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | - |
| 8 | Onterris | 561.08 Mn | 547.39 Mn | 82.26 Mn | 20.21% |
| 9 | Perma Fix Environmental Services | 341.05 Mn | 307.10 Mn | -2.50 Mn | - |
| 10 | American Battery Technology | 332.28 Mn | 292.99 Mn | 737,749.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.24% |
| Jun 30, 2026 | 23.24% |
| Jun 30, 2026 | 23.24% |
| Mar 31, 2026 | 18.86% |
| Mar 31, 2026 | 18.86% |
| Mar 31, 2026 | 18.86% |
| Dec 31, 2025 | 20.96% |
| Dec 31, 2025 | 20.96% |
| Dec 31, 2025 | 20.96% |
| Sep 30, 2025 | 22.19% |
| Sep 30, 2025 | 22.19% |
| Sep 30, 2025 | 22.19% |
| Jun 30, 2025 | 21.66% |
| Jun 30, 2025 | 21.66% |
| Jun 30, 2025 | 21.66% |
| Mar 31, 2025 | 19.16% |
| Mar 31, 2025 | 19.16% |
| Mar 31, 2025 | 19.16% |
| Dec 31, 2024 | 16.43% |
| Dec 31, 2024 | 16.43% |