EBITDA Margin: 29.68%
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%.
WM EBITDA Margin
Reported quarterly EBITDA margin; no daily interpolation.
WM Average EBITDA Margin Chart
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
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $90.57B | 29.68% | 29.86% | 29.70% | 29.16% |
| Automatic Data Processing, Inc. (ADP)vs › | $89.36B | 28.69% | 28.68% | 27.90% | 27.00% |
| United Parcel Service, Inc. (UPS)vs › | $91.86B | 13.10% | 13.31% | 14.21% | 14.30% |
| CSX Corporation (CSX)vs › | $88.56B | 41.14% | 44.82% | 47.08% | 49.15% |
| General Dynamics Corporation (GD)vs › | $93.76B | 11.49% | 11.70% | 12.10% | 12.46% |
| Cummins Inc. (CMI)vs › | $94.64B | 14.76% | 14.44% | 12.57% | 13.19% |
| 3M Company (MMM)vs › | $85.54B | 21.81% | 23.43% | 21.59% | 23.44% |
| Johnson Controls International plc (JCI)vs › | $84.44B | 15.65% | 14.88% | 14.30% | 14.00% |
| Emerson Electric Co. (EMR)vs › | $80.37B | 28.03% | 26.46% | 25.30% | 23.99% |
| Quanta Services, Inc. (PWR)vs › | $103.22B | 8.76% | 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
| DATE | EBITDA MARGIN |
|---|---|
| 2026-03-31 | 29.68% |
| 2025-12-31 | 30.83% |
| 2025-09-30 | 30.19% |
| 2025-06-30 | 30.03% |
| 2025-03-31 | 28.56% |
| 2024-12-31 | 27.61% |
| 2024-09-30 | 30.63% |
| 2024-06-30 | 30.41% |
| 2024-03-31 | 30.26% |
| 2023-12-31 | 30.50% |
| 2023-09-30 | 30.24% |
| 2023-06-30 | 29.28% |
| 2023-03-31 | 27.84% |
| 2022-12-31 | 28.02% |
| 2022-09-30 | 29.06% |
| 2022-06-30 | 28.35% |
| 2022-03-31 | 27.78% |
| 2021-12-31 | 26.93% |
| 2021-09-30 | 28.27% |
| 2021-06-30 | 29.54% |
| 2021-03-31 | 28.36% |
| 2020-12-31 | 26.68% |
| 2020-09-30 | 29.50% |
| 2020-06-30 | 28.90% |
| 2020-03-31 | 26.79% |
| 2019-12-31 | 28.94% |
| 2019-09-30 | 29.37% |
| 2019-06-30 | 28.79% |
| 2019-03-31 | 27.38% |
| 2018-12-31 | 29.07% |
| 2018-09-30 | 29.51% |
| 2018-06-30 | 29.02% |
| 2018-03-31 | 27.83% |
| 2017-12-31 | 28.61% |
| 2017-09-30 | 29.12% |
| 2017-06-30 | 28.77% |
| 2017-03-31 | 26.37% |
| 2016-12-31 | 27.49% |
| 2016-09-30 | 28.89% |
| 2016-06-30 | 27.77% |
| 2016-03-31 | 25.82% |
| 2015-12-31 | 24.74% |
| 2015-09-30 | 27.71% |
| 2015-06-30 | 24.86% |
| 2015-03-31 | 24.08% |
| 2014-12-31 | 30.81% |
| 2014-09-30 | 24.29% |
| 2014-06-30 | 24.46% |
| 2014-03-31 | 23.14% |
| 2013-12-31 | -2.37% |
| 2013-09-30 | 25.43% |
| 2013-06-30 | 24.08% |
| 2013-03-31 | 21.73% |
| 2012-12-31 | 23.59% |
| 2012-09-30 | 24.01% |
| 2012-06-30 | 22.81% |
| 2012-03-31 | 21.79% |
| 2011-12-31 | 24.84% |
| 2011-09-30 | 24.42% |
| 2011-06-30 | 24.65% |
| 2011-03-31 | 23.40% |
| 2010-12-31 | 26.70% |
| 2010-09-30 | 26.62% |
| 2010-06-30 | 28.34% |
| 2010-03-31 | 23.95% |
| 2009-12-31 | 24.28% |
| 2009-09-30 | 27.32% |
| 2009-06-30 | 28.32% |
| 2009-03-31 | 23.52% |
| 2008-12-31 | 24.32% |
| 2008-09-30 | 27.18% |
| 2008-06-30 | 27.23% |
| 2008-03-31 | 24.74% |
| 2007-12-31 | 25.91% |
| 2007-09-30 | 26.33% |
| 2007-06-30 | 28.44% |
| 2007-03-31 | 24.81% |
| 2006-12-31 | 24.15% |
| 2006-09-30 | 26.07% |
| 2006-06-30 | 26.69% |
| 2006-03-31 | 23.63% |
| 2005-12-31 | 24.44% |
| 2005-09-30 | 22.25% |
| 2005-06-30 | 24.60% |
| 2005-03-31 | 22.61% |
| 2004-12-31 | 23.88% |
| 2004-09-30 | 24.74% |
| 2004-06-30 | 25.18% |
| 2004-03-31 | 23.10% |
| 2003-12-31 | 25.40% |
| 2003-09-30 | 25.55% |
| 2003-06-30 | 24.36% |
| 2003-03-31 | 21.39% |
| 2002-12-31 | 24.43% |
| 2002-09-30 | 26.80% |
| 2002-06-30 | 27.50% |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Waste Management
- CEO
- James C. Fish Jr.