Filing Flows

Filing Flows › Waste Management (WM) › Operating margin

Waste Management (WM) operating margin by quarter

Waste Management's operating margin was 18.7% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026. Over the last 7 quarters it ranged from 15.3% (Q3 2025) to 18.7% (Q2 2026).

Waste Management operating margin by quarterWaste Management operating margin by quarter16.8%Q1 202517.9%Q2 202515.3%Q3 202518.3%Q4 202517.9%Q1 202618.7%Q2 202618.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202618.7%-0.1 pts+3.3 pts
Q2 202618.7%+0.9 pts+0.8 pts
Q1 202617.9%-0.4 pts+1.0 pts
Q4 202518.3%+2.9 pts—
Q3 202515.3%-2.6 pts—
Q2 202517.9%+1.1 pts—
Q1 202516.8%——

Q3 2026 at a glance

Waste Management, Q3 2026: revenue $6.8B (+6% year over year), operating margin 18.7%, net earnings $820M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Questions

What is Waste Management's operating margin?

Waste Management's operating margin was 18.7% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026.

How has Waste Management's operating margin changed?

Over the last 7 quarters it ranged from 15.3% (Q3 2025) to 18.7% (Q2 2026).

Q3 2026 results → · How Waste Management makes money →