Waste Management (WM) Tax Rate (2009 - 2026)

Waste Management's (WM) quarterly Tax Rate came in at 18.86% in Q1 2026, down 31.0% year-on-year from 27.33% in Q1 2025, and up 203.7% quarter-over-quarter from 18.18% in Q4 2025.

Waste Management (WM) Tax Rate (2009 - 2026) Analysis & Trends

Waste Management has disclosed Tax Rate across 18 years of filings, most recently posting 18.86% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 18.86%, down 31.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.51% (down 1027.0% YoY), and the FY2025 annual result was 10.33%, down 1029.0% from the prior year.
  • Tax Rate came in at 18.86% for Q1 2026 at Waste Management, up from 18.18% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.36% in Q2 2022 to a low of 18.18% in Q4 2025.
  • The 5-year median for Tax Rate is 22.24% (2022), against an average of 17.72%.
  • Across the five-year window, Tax Rate surged 2240 bps in 2024 and plunged 3275 bps in 2025, its largest moves.
  • Waste Management's Tax Rate stood at 22.24% in 2022, then sank by 135 bps to 7.83% in 2023, then surged by 286 bps to 14.57% in 2024, then sank by 225 bps to 18.18% in 2025, then jumped by 204 bps to 18.86% in 2026.
  • The last three Tax Rate figures came in at 18.86% (Q1 2026), 18.18% (Q4 2025), and 22.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn 19.47%
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 22.65%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 25.07%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 37.23%
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 -
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 18.86%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -
10 One & one Green Technologies 144.62 Mn 143.66 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 18.86%
Mar 31, 2026 18.86%
Dec 31, 2025 -18.18%
Dec 31, 2025 -18.18%
Sep 30, 2025 22.19%
Sep 30, 2025 22.19%
Jun 30, 2025 21.66%
Jun 30, 2025 21.66%
Mar 31, 2025 19.16%
Mar 31, 2025 19.16%
Dec 31, 2024 14.57%
Dec 31, 2024 14.57%
Sep 30, 2024 23.62%
Sep 30, 2024 23.62%
Jun 30, 2024 23.94%
Jun 30, 2024 23.94%
Mar 31, 2024 18.64%
Mar 31, 2024 18.64%
Dec 31, 2023 -7.83%
Dec 31, 2023 -7.83%