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Operating Margin for Waste Management (WM)

As of · Reported

Metric

TTM

18.5%

YoY change

−0.53pp

Trough year (1989)

-7.7%

Peak year (1987)

41.2%

Operating Margin history chart for Waste Management (WM) from 1987 to 2025

Latest: 18.3%

Operating Margin change chart for Waste Management (WM) from 1987 to 2025

Latest: −0.53pp

Operating Margin history table for Waste Management (WM) from 1987 to 2025

  • 202518.3%-0.53pp
  • 202418.8%+0.09pp
  • 202318.7%+1.26pp
  • 202217.5%+0.68pp
  • 202116.8%+0.49pp
  • 202016.3%-1.54pp
  • 201917.8%-0.52pp
  • 201818.3%+0.25pp
  • 201718.1%+0.36pp
  • 201617.7%+1.20pp
  • 201516.5%+0.38pp
  • 201416.1%+1.28pp
  • 201314.9%+0.28pp
  • 201214.6%-0.80pp
  • 201115.4%-0.89pp
  • 201016.3%-0.86pp
  • 200917.1%+0.65pp
  • 200816.5%-0.33pp
  • 200716.8%+1.44pp
  • 200615.4%+1.56pp
  • 200513.8%+0.35pp
  • 200413.5%+0.16pp
  • 200313.3%-1.45pp
  • 200214.8%+3.42pp
  • 200111.3%-2.97pp
  • 200014.3%+4.22pp
  • 199910.1%-9.69pp
  • 199819.8%-6.24pp
  • 199726.0%+3.57pp
  • 199622.4%+3.94pp
  • 199518.5%-0.11pp
  • 199418.6%-6.61pp
  • 199325.2%-1.98pp
  • 199227.2%-1.21pp
  • 199128.4%+23.01pp
  • 19905.4%+13.10pp
  • 1989-7.7%-18.22pp
  • 198810.5%-30.65pp
  • 198741.2%—

Operating Margin values are taken from Waste Management's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Waste Management (WM)

According to Waste Management's latest reported financial statements, the company's latest reported operating margin is 18.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Waste Management (WM) most recent annual operating margin stands at 18.28% (2025) – contracted 0.5 percentage points year-over-year.

41.18% stands as the all-time-high annual operating margin, posted in 1987, against a low of -7.69% during 1989.

Waste Management Operating Margin by Year

Waste Management Operating Margin 2025: 18.3%

Waste Management operating margin in 2025 was 18.28%, contracted 0.5 percentage points from 2024.

Waste Management Operating Margin 2024: 18.8%

2024's operating margin for Waste Management came in at 18.81%, expanded 0.1 percentage points from 2023.

Waste Management Operating Margin 2023: 18.7%

Waste Management posted operating margin of 18.72% in 2023, expanded 1.3 percentage points from 2022.

Waste Management Operating Margin 2022: 17.5%

In 2022, Waste Management reported operating margin of 17.45%, expanded 0.7 percentage points from 2021.

Waste Management Operating Margin 2021: 16.8%

Waste Management operating margin in 2021 was 16.78%.

See more financial history for Waste Management (WM).

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