Waste Management Inc (WM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,746,000 | 2,304,000 | 2,238,000 | 1,816,000 | 1,496,000 |
| Revenue | US$ in thousands | 22,158,000 | 19,878,000 | 19,294,000 | 17,348,000 | 14,701,000 |
| Net profit margin | 12.39% | 11.59% | 11.60% | 10.47% | 10.18% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,746,000K ÷ $22,158,000K
= 12.39%
Based on the provided data, Waste Management Inc's net profit margin has shown a positive trend over the years, increasing from 10.18% in December 2020 to 12.39% in December 2024. This indicates that the company has been able to effectively manage its expenses and generate higher profits relative to its revenue over the period under consideration. The steady improvement in net profit margin reflects operational efficiency and potential growth prospects for Waste Management Inc. It suggests that the company has been successful in controlling costs and maximizing profitability, which is a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024