Tax Rate: 18.86%
Is the tax rate high or low?
The tax rate of 18.86% is 15% below its 5-year average of 22.18%, around the middle of its 5-year range (14.57%–27.17%).
8.03% below its 12-month average of 20.50%.
WM Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
WM Average Tax Rate Chart
WM Current vs Average Tax Rate Chart
WM Tax Rate Metrics
TAX RATE
18.86%
TAX RATE AVG TTM
20.50%
TAX RATE AVG 3Y
21.72%
TAX RATE AVG 5Y
22.56%
TAX RATE AVG 10Y
21.80%
TAX RATE AVG 15Y
26.76%
TAX RATE AVG 20Y
28.13%
CURRENT VS TTM AVG
-8.03%
CURRENT VS 3Y AVG
-13.18%
CURRENT VS 5Y AVG
-16.42%
CURRENT VS 10Y AVG
-13.50%
CURRENT VS 15Y AVG
-29.53%
CURRENT VS 20Y AVG
-32.98%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Waste Management, Inc. (WM)?
- The tax rate for WM stock is 18.86%.
- Is Waste Management, Inc.'s tax rate high or low?
- The tax rate of 18.86% is 15% below its 5-year average of 22.18%, around the middle of its 5-year range (14.57%–27.17%).
- What is the TTM average tax rate for Waste Management, Inc. (WM)?
- The TTM average tax rate for WM stock is 20.50%.
- What is the 3Y average tax rate for Waste Management, Inc. (WM)?
- The 3Y average tax rate for WM stock is 21.72%.
- What is the 5Y average tax rate for Waste Management, Inc. (WM)?
- The 5Y average tax rate for WM stock is 22.56%.
- What is the 10Y average tax rate for Waste Management, Inc. (WM)?
- The 10Y average tax rate for WM stock is 21.80%.
- What is the 15Y average tax rate for Waste Management, Inc. (WM)?
- The 15Y average tax rate for WM stock is 26.76%.
- What is the 20Y average tax rate for Waste Management, Inc. (WM)?
- The 20Y average tax rate for WM stock is 28.13%.
WM Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 18.86% |
| 2025-12-31 | 20.64% |
| 2025-09-30 | 22.19% |
| 2025-06-30 | 21.66% |
| 2025-03-31 | 19.16% |
| 2024-12-31 | 14.57% |
| 2024-09-30 | 23.62% |
| 2024-06-30 | 23.94% |
| 2024-03-31 | 18.64% |
| 2023-12-31 | 27.17% |
| 2023-09-30 | 24.08% |
| 2023-06-30 | 24.23% |
| 2023-03-31 | 23.56% |
| 2022-12-31 | 22.24% |
| 2022-09-30 | 22.83% |
| 2022-06-30 | 24.36% |
| 2022-03-31 | 23.40% |
| 2021-12-31 | 21.18% |
| 2021-09-30 | 23.65% |
| 2021-06-30 | 23.03% |
| 2021-03-31 | 22.75% |
| 2020-12-31 | 19.93% |
| 2020-09-30 | 24.42% |
| 2020-06-30 | 22.28% |
| 2020-03-31 | 17.01% |
| 2019-12-31 | 15.82% |
| 2019-09-30 | 19.51% |
| 2019-06-30 | 23.14% |
| 2019-03-31 | 24.89% |
| 2018-12-31 | 19.42% |
| 2018-09-30 | 16.58% |
| 2018-06-30 | 18.06% |
| 2018-03-31 | 22.70% |
| 2017-12-31 | -54.62% |
| 2017-09-30 | 35.66% |
| 2017-06-30 | 36.67% |
| 2017-03-31 | 31.57% |
| 2016-12-31 | 34.51% |
| 2016-09-30 | 33.48% |
| 2016-06-30 | 37.69% |
| 2016-03-31 | 35.35% |
| 2015-12-31 | 31.23% |
| 2015-09-30 | 32.06% |
| 2015-06-30 | 29.82% |
| 2014-12-31 | 0.17% |
| 2014-09-30 | 32.13% |
| 2014-06-30 | 44.78% |
| 2014-03-31 | 29.46% |
| 2013-09-30 | 34.29% |
| 2013-06-30 | 33.16% |
| 2013-03-31 | 32.82% |
| 2012-12-31 | 32.66% |
| 2012-09-30 | 35.92% |
| 2012-06-30 | 34.43% |
| 2012-03-31 | 32.72% |
| 2011-12-31 | 32.52% |
| 2011-09-30 | 32.30% |
| 2011-06-30 | 34.38% |
| 2011-03-31 | 35.95% |
| 2010-12-31 | 35.24% |
| 2010-09-30 | 37.23% |
| 2010-06-30 | 44.40% |
| 2010-03-31 | 36.42% |
| 2009-12-31 | 4.61% |
| 2009-09-30 | 31.29% |
| 2009-06-30 | 37.91% |
| 2009-03-31 | 37.27% |
| 2008-12-31 | 36.44% |
| 2008-09-30 | 39.33% |
| 2008-06-30 | 38.49% |
| 2008-03-31 | 37.40% |
| 2007-12-31 | 32.24% |
| 2007-09-30 | 36.24% |
| 2007-06-30 | 29.58% |
| 2007-03-31 | 32.93% |
| 2006-12-31 | 24.31% |
| 2006-09-30 | 27.36% |
| 2006-06-30 | 6.71% |
| 2006-03-31 | 35.64% |
| 2005-12-31 | 14.96% |
| 2005-09-30 | 4.87% |
| 2005-06-30 | -72.79% |
| 2005-03-31 | 31.82% |
| 2004-12-31 | 20.41% |
| 2004-09-30 | 10.39% |
| 2004-06-30 | 27.27% |
| 2004-03-31 | 30.10% |
| 2003-12-31 | 32.94% |
| 2003-09-30 | 36.17% |
| 2003-06-30 | 37.59% |
| 2003-03-31 | 38.86% |
| 2002-12-31 | 26.09% |
| 2002-09-30 | 34.38% |
| 2002-06-30 | 38.35% |
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.