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