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).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 18.7% | -0.1 pts | +3.3 pts |
| Q2 2026 | 18.7% | +0.9 pts | +0.8 pts |
| Q1 2026 | 17.9% | -0.4 pts | +1.0 pts |
| Q4 2025 | 18.3% | +2.9 pts | — |
| Q3 2025 | 15.3% | -2.6 pts | — |
| Q2 2025 | 17.9% | +1.1 pts | — |
| Q1 2025 | 16.8% | — | — |
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).