Waste Management, Inc.

WM Industrials Waste Management

Waste Management, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $25.2 billion, up 14.2% from fiscal 2024. In the quarter to June 2026, revenue grew 3.95%, EPS grew 8.89%, free cash flow grew 34.8% and total debt fell 2.76%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five; insiders bought in the last twelve months.

226.96 2.77 +1.24%
Market cap
$89.6B
P/E
32.0×
Fwd P/E
27.0×
Dividend yield
1.61%
F-score
6/9
Altman Z
2.85
Beneish M
−2.76
Dividend safety
77/100

Waste Management, Inc. (WM) Net margin

Alert me on Net margin

Waste Management, Inc.'s net margin over the twelve months to 30 June 2026 was 11.1%, up 0.4 percentage points from fiscal 2025 (10.7%). Over the past ten years it has ranged from 5.81% (fiscal 2015) to 13.5% (fiscal 2017); the current reading is higher than 45% of that period. That is above the Waste Management industry median of 0.00% and above the Industrials sector median of 2.22%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 10.7% (1.71)
FY2024 12.5% 1.17
FY2023 11.3% (0.08)
FY2022 11.4% 1.23
FY2021 10.1% 0.30
FY2020 9.83% (0.98)
FY2019 10.8% (2.10)
FY2018 12.9% (0.55)
FY2017 13.5% 4.77
FY2016 8.69% 2.88

Quarterly newest first

Period Net margin Change (points)
Jun 2026 11.7% 0.13
Mar 2026 11.6% (0.14)
Dec 2025 11.8% 2.39
Sep 2025 9.36% (1.93)
42 more quarters

Against its own ten years

Low 5.81% High 13.5%
Ten-year median 10.8%
Current reading's percentile 50

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on WM