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.
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Waste Management, Inc. (WM) 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
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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 | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| RSG Republic Services, Inc. compare | 12.9% |
| WM Waste Management, Inc. | 11.1% |
| WCN Waste Connections, Inc. compare | 10.9% |
| CLH Clean Harbors, Inc. compare | 7.03% |
| CWST Casella Waste Systems, Inc. compare | 0.29% |
| ONT Onterris, Inc. compare | −1.44% |
| GFL GFL Environmental Inc. compare | −1.75% |
| PESI Perma-Fix Environmental Services, Inc. compare | −37.0% |
| ABAT American Battery Technology Company compare | −337.5% |
| Waste Management industry median | 0.00% |
| Industrials sector median | 2.22% |
| Market median | 0.45% |
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
More on WM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement