Waste Management (WM) Tax Rate (2009 - 2026)
Waste Management's Tax Rate was 23.24% in Q2 2026, up 1.58 percentage points from 21.66% a year earlier and up 4.39 percentage points from the prior quarter.
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Analysis
Waste Management (WM) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Waste Management's Tax Rate was 21.27% through Jun 30, 2026, up 1.07 percentage points year-over-year; for FY2025, it was 20.93%, up 0.31 percentage points from FY2024.
- Tax Rate shows a five-year change of -0.04 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.62% in FY2024 (-4.04 pp), 24.66% in FY2023 (+1.43 pp), 23.24% in FY2022 (+0.59 pp) and 22.65% in FY2021 (+1.68 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q3 2024.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -1.11 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 6.07 percentage points); the worst was Q4 2024 (a drop of 12.60 percentage points).
- Per Business Quant data, WM's Tax Rate in the three quarters before Q2 2026 was 18.86% (Q1 2026), 20.64% (Q4 2025) and 22.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | 21.46% |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 17.52% |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 20.37% |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | - |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 26.26% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | 572.48% |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | 20.43% |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | 54.92% |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | - |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.46% |
| Dec 31, 2025 | 20.64% |
| Sep 30, 2025 | 22.19% |
| Jun 30, 2025 | 21.66% |
| Mar 31, 2025 | 19.16% |
| Dec 31, 2024 | 14.57% |
| Sep 30, 2024 | 23.62% |
| Jun 30, 2024 | 23.94% |
| Mar 31, 2024 | 18.64% |
| Dec 31, 2023 | 27.17% |
| Sep 30, 2023 | 24.08% |
| Jun 30, 2023 | 24.23% |
| Mar 31, 2023 | 23.56% |
| Dec 31, 2022 | 22.24% |
| Sep 30, 2022 | 22.83% |
| Jun 30, 2022 | 24.36% |
| Mar 31, 2022 | 23.40% |
| Dec 31, 2021 | 21.18% |
| Sep 30, 2021 | 23.65% |
| Jun 30, 2021 | 23.03% |
API Access
Waste Management Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();