Gross Margin: 40.68%
Is the gross margin high or low?
The gross margin of 40.68% is 42% above its 5-year average of 28.68%, near the high end of its 5-year range (25.93%–40.68%).
As of Monday, June 29, 2026. 29.58% above its 12-month average of 31.39%.
WM Gross Margin
Reported quarterly gross margin; no daily interpolation.
WM Average Gross Margin Chart
WM Current vs Average Gross Margin Chart
WM Gross Margin Metrics
GROSS MARGIN
40.68%
GROSS MARGIN AVG TTM
31.39%
GROSS MARGIN AVG 3Y
29.09%
GROSS MARGIN AVG 5Y
28.08%
GROSS MARGIN AVG 10Y
28.08%
GROSS MARGIN AVG 15Y
30.91%
GROSS MARGIN AVG 20Y
32.43%
CURRENT VS TTM AVG
+29.58%
CURRENT VS 3Y AVG
+39.85%
CURRENT VS 5Y AVG
+44.85%
CURRENT VS 10Y AVG
+44.85%
CURRENT VS 15Y AVG
+31.62%
CURRENT VS 20Y AVG
+25.43%
WM Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Waste Management, Inc. (WM) | $90.57B | 40.68% | 31.39% | 29.09% | 28.08% |
| Automatic Data Processing, Inc. (ADP)vs › | $89.36B | 47.48% | 50.39% | 49.13% | 48.16% |
| United Parcel Service, Inc. (UPS)vs › | $91.86B | 17.79% | 18.42% | 19.11% | 20.03% |
| CSX Corporation (CSX)vs › | $88.56B | 37.54% | 35.56% | 36.96% | 38.67% |
| General Dynamics Corporation (GD)vs › | $93.76B | 15.24% | 15.28% | 15.79% | 16.08% |
| Cummins Inc. (CMI)vs › | $94.64B | 25.39% | 25.02% | 24.55% | 24.43% |
| 3M Company (MMM)vs › | $85.54B | 39.51% | 40.28% | 40.80% | 43.11% |
| Johnson Controls International plc (JCI)vs › | $84.44B | 36.56% | 35.81% | 35.26% | 34.71% |
| Emerson Electric Co. (EMR)vs › | $80.37B | 52.66% | 51.81% | 49.57% | 47.39% |
| Quanta Services, Inc. (PWR)vs › | $103.22B | 13.59% | 13.12% | 12.92% | 13.26% |
Gross Margin Analysis
Gross Margin
40.7%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Waste Management, Inc. (WM)?
- The gross margin for WM stock is 40.68%.
- Is Waste Management, Inc.'s gross margin high or low?
- The gross margin of 40.68% is 42% above its 5-year average of 28.68%, near the high end of its 5-year range (25.93%–40.68%).
- What is the TTM average gross margin for Waste Management, Inc. (WM)?
- The TTM average gross margin for WM stock is 31.39%.
- What is the 3Y average gross margin for Waste Management, Inc. (WM)?
- The 3Y average gross margin for WM stock is 29.09%.
- What is the 5Y average gross margin for Waste Management, Inc. (WM)?
- The 5Y average gross margin for WM stock is 28.08%.
- What is the 10Y average gross margin for Waste Management, Inc. (WM)?
- The 10Y average gross margin for WM stock is 28.08%.
- What is the 15Y average gross margin for Waste Management, Inc. (WM)?
- The 15Y average gross margin for WM stock is 30.91%.
- What is the 20Y average gross margin for Waste Management, Inc. (WM)?
- The 20Y average gross margin for WM stock is 32.43%.
WM Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 40.68% |
| 2025-12-31 | 29.30% |
| 2025-09-30 | 29.19% |
| 2025-06-30 | 29.28% |
| 2025-03-31 | 28.50% |
| 2024-12-31 | 28.64% |
| 2024-09-30 | 29.45% |
| 2024-06-30 | 29.03% |
| 2024-03-31 | 29.17% |
| 2023-12-31 | 29.61% |
| 2023-09-30 | 28.68% |
| 2023-06-30 | 27.58% |
| 2023-03-31 | 26.59% |
| 2022-12-31 | 26.28% |
| 2022-09-30 | 27.90% |
| 2022-06-30 | 27.39% |
| 2022-03-31 | 27.38% |
| 2021-12-31 | 25.93% |
| 2021-09-30 | 26.62% |
| 2021-06-30 | 27.70% |
| 2021-03-31 | 27.38% |
| 2020-12-31 | 27.81% |
| 2020-09-30 | 28.75% |
| 2020-06-30 | 27.16% |
| 2020-03-31 | 26.76% |
| 2019-12-31 | 29.56% |
| 2019-09-30 | 28.28% |
| 2019-06-30 | 27.72% |
| 2019-03-31 | 27.92% |
| 2018-12-31 | 28.45% |
| 2018-09-30 | 28.07% |
| 2018-06-30 | 27.87% |
| 2018-03-31 | 27.91% |
| 2017-12-31 | 18.24% |
| 2017-09-30 | 28.63% |
| 2017-06-30 | 28.04% |
| 2017-03-31 | 27.50% |
| 2016-12-31 | 28.90% |
| 2016-09-30 | 28.07% |
| 2016-06-30 | 37.81% |
| 2016-03-31 | 37.25% |
| 2015-12-31 | 37.55% |
| 2015-09-30 | 37.65% |
| 2015-06-30 | 34.75% |
| 2015-03-31 | 35.99% |
| 2014-12-31 | 36.86% |
| 2014-09-30 | 36.17% |
| 2014-06-30 | 35.38% |
| 2014-03-31 | 34.28% |
| 2013-12-31 | 35.23% |
| 2013-09-30 | 35.79% |
| 2013-06-30 | 34.46% |
| 2013-03-31 | 33.78% |
| 2012-12-31 | 35.24% |
| 2012-09-30 | 35.60% |
| 2012-06-30 | 34.66% |
| 2012-03-31 | 34.26% |
| 2011-12-31 | 37.02% |
| 2011-09-30 | 35.80% |
| 2011-06-30 | 36.06% |
| 2011-03-31 | 35.71% |
| 2010-12-31 | 39.10% |
| 2010-09-30 | 37.99% |
| 2010-06-30 | 36.80% |
| 2010-03-31 | 35.91% |
| 2009-12-31 | 37.66% |
| 2009-09-30 | 38.60% |
| 2009-06-30 | 39.50% |
| 2009-03-31 | 38.61% |
| 2008-12-31 | 36.55% |
| 2008-09-30 | 36.99% |
| 2008-06-30 | 37.49% |
| 2008-03-31 | 35.95% |
| 2007-12-31 | 36.54% |
| 2007-09-30 | 37.03% |
| 2007-06-30 | 37.70% |
| 2007-03-31 | 36.20% |
| 2006-12-31 | 35.82% |
| 2006-09-30 | 36.62% |
| 2006-06-30 | 35.51% |
| 2006-03-31 | 34.96% |
| 2005-12-31 | 34.40% |
| 2005-09-30 | 34.76% |
| 2005-06-30 | 33.93% |
| 2005-03-31 | 32.72% |
| 2004-12-31 | 34.01% |
| 2004-09-30 | 34.30% |
| 2004-06-30 | 34.99% |
| 2004-03-31 | 33.70% |
| 2003-12-31 | 35.41% |
| 2003-09-30 | 35.46% |
| 2003-06-30 | 35.27% |
| 2003-03-31 | 33.98% |
| 2002-12-31 | 38.02% |
| 2002-09-30 | 39.71% |
| 2002-06-30 | 40.21% |
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.