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WMWaste Management, Inc.

Is the EBITDA margin high or low?

The EBITDA margin of 29.68% is in line with its 5-year average of 29.16%, near the high end of its 5-year range (26.93%–30.83%).

As of Monday, June 29, 2026. 0.60% below its 12-month average of 29.86%.

EBITDA Margin

WM EBITDA Margin

29.68%

Reported quarterly EBITDA margin; no daily interpolation.

+0.48% 5Y
WM EBITDA Margin

WM Average EBITDA Margin Chart

WM EBITDA Margin

WM Current vs Average EBITDA Margin Chart

WM EBITDA Margin Metrics

EBITDA MARGIN

29.68%

EBITDA MARGIN AVG TTM

29.86%

EBITDA MARGIN AVG 3Y

29.70%

EBITDA MARGIN AVG 5Y

29.16%

EBITDA MARGIN AVG 10Y

28.71%

EBITDA MARGIN AVG 15Y

27.36%

EBITDA MARGIN AVG 20Y

27.00%

CURRENT VS TTM AVG

-0.60%

CURRENT VS 3Y AVG

-0.07%

CURRENT VS 5Y AVG

+1.77%

CURRENT VS 10Y AVG

+3.38%

CURRENT VS 15Y AVG

+8.45%

CURRENT VS 20Y AVG

+9.90%

WM Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Waste Management, Inc. (WM)$90.57B29.68%29.86%29.70%29.16%
Automatic Data Processing, Inc. (ADP)vs ›$89.36B28.69%28.68%27.90%27.00%
United Parcel Service, Inc. (UPS)vs ›$91.86B13.10%13.31%14.21%14.30%
CSX Corporation (CSX)vs ›$88.56B41.14%44.82%47.08%49.15%
General Dynamics Corporation (GD)vs ›$93.76B11.49%11.70%12.10%12.46%
Cummins Inc. (CMI)vs ›$94.64B14.76%14.44%12.57%13.19%
3M Company (MMM)vs ›$85.54B21.81%23.43%21.59%23.44%
Johnson Controls International plc (JCI)vs ›$84.44B15.65%14.88%14.30%14.00%
Emerson Electric Co. (EMR)vs ›$80.37B28.03%26.46%25.30%23.99%
Quanta Services, Inc. (PWR)vs ›$103.22B8.76%8.77%8.82%8.69%

Margin Comparison

Gross Margin

32.1%

EBITDA Margin

29.7%

Operating Margin

18.5%

Net Margin

11.0%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EBITDA Margin FAQ

What is the EBITDA margin for Waste Management, Inc. (WM)?
The EBITDA margin for WM stock is 29.68%.
Is Waste Management, Inc.'s EBITDA margin high or low?
The EBITDA margin of 29.68% is in line with its 5-year average of 29.16%, near the high end of its 5-year range (26.93%–30.83%).
What is the TTM average EBITDA margin for Waste Management, Inc. (WM)?
The TTM average EBITDA margin for WM stock is 29.86%.
What is the 3Y average EBITDA margin for Waste Management, Inc. (WM)?
The 3Y average EBITDA margin for WM stock is 29.70%.
What is the 5Y average EBITDA margin for Waste Management, Inc. (WM)?
The 5Y average EBITDA margin for WM stock is 29.16%.
What is the 10Y average EBITDA margin for Waste Management, Inc. (WM)?
The 10Y average EBITDA margin for WM stock is 28.71%.
What is the 15Y average EBITDA margin for Waste Management, Inc. (WM)?
The 15Y average EBITDA margin for WM stock is 27.36%.
What is the 20Y average EBITDA margin for Waste Management, Inc. (WM)?
The 20Y average EBITDA margin for WM stock is 27.00%.

WM EBITDA Margin History

DATEEBITDA MARGIN
2026-03-3129.68%
2025-12-3130.83%
2025-09-3030.19%
2025-06-3030.03%
2025-03-3128.56%
2024-12-3127.61%
2024-09-3030.63%
2024-06-3030.41%
2024-03-3130.26%
2023-12-3130.50%
2023-09-3030.24%
2023-06-3029.28%
2023-03-3127.84%
2022-12-3128.02%
2022-09-3029.06%
2022-06-3028.35%
2022-03-3127.78%
2021-12-3126.93%
2021-09-3028.27%
2021-06-3029.54%
2021-03-3128.36%
2020-12-3126.68%
2020-09-3029.50%
2020-06-3028.90%
2020-03-3126.79%
2019-12-3128.94%
2019-09-3029.37%
2019-06-3028.79%
2019-03-3127.38%
2018-12-3129.07%
2018-09-3029.51%
2018-06-3029.02%
2018-03-3127.83%
2017-12-3128.61%
2017-09-3029.12%
2017-06-3028.77%
2017-03-3126.37%
2016-12-3127.49%
2016-09-3028.89%
2016-06-3027.77%
2016-03-3125.82%
2015-12-3124.74%
2015-09-3027.71%
2015-06-3024.86%
2015-03-3124.08%
2014-12-3130.81%
2014-09-3024.29%
2014-06-3024.46%
2014-03-3123.14%
2013-12-31-2.37%
2013-09-3025.43%
2013-06-3024.08%
2013-03-3121.73%
2012-12-3123.59%
2012-09-3024.01%
2012-06-3022.81%
2012-03-3121.79%
2011-12-3124.84%
2011-09-3024.42%
2011-06-3024.65%
2011-03-3123.40%
2010-12-3126.70%
2010-09-3026.62%
2010-06-3028.34%
2010-03-3123.95%
2009-12-3124.28%
2009-09-3027.32%
2009-06-3028.32%
2009-03-3123.52%
2008-12-3124.32%
2008-09-3027.18%
2008-06-3027.23%
2008-03-3124.74%
2007-12-3125.91%
2007-09-3026.33%
2007-06-3028.44%
2007-03-3124.81%
2006-12-3124.15%
2006-09-3026.07%
2006-06-3026.69%
2006-03-3123.63%
2005-12-3124.44%
2005-09-3022.25%
2005-06-3024.60%
2005-03-3122.61%
2004-12-3123.88%
2004-09-3024.74%
2004-06-3025.18%
2004-03-3123.10%
2003-12-3125.40%
2003-09-3025.55%
2003-06-3024.36%
2003-03-3121.39%
2002-12-3124.43%
2002-09-3026.80%
2002-06-3027.50%

About Waste Management, Inc.

Waste Management, Inc. (WM) functions as a premier provider of environmental waste solutions across North America, serving a diverse client base that includes residential, commercial, industrial, and municipal customers. The company's core operations involve comprehensive collection services, which include gathering and transporting both waste materials and recyclables from their initial point of generation to designated transfer stations, material recovery facilities (MRFs), or final disposal sites. Waste Management maintains an extensive network of facilities, owning, developing, and operating landfill gas-to-energy plants within the United States, in addition to managing numerous transfer stations. As of December 31, 2021, its substantial infrastructure consisted of 255 solid waste landfills, 5 secure hazardous waste landfills, 96 material recovery facilities, and 340 transfer stations. Beyond primary collection and disposal, WM offers services in materials processing and commodities recycling. This extends to recycling brokerage, where they handle the marketing of recyclable goods for third-party entities, alongside providing various other strategic business solutions. Its service portfolio also encompasses construction and remediation projects, the responsible management of fly ash and other residues generated from coal and fuel combustion, and specialized in-plant services offering full-spectrum waste management consulting. Furthermore, the company delivers tailored disposal solutions for oil and gas exploration and production activities. Originally incorporated in 1987 as USA Waste Services, Inc., the company rebranded to Waste Management, Inc. in 1998. Its corporate headquarters are situated in Houston, Texas.

Houston, TX
61,700 employees
Industrials / Waste Management
Sector
Industrials
Industry
Waste Management
CEO
James C. Fish Jr.