Waste Management Inc (WM)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,746,000 | 2,641,000 | 2,544,000 | 2,479,000 | 2,304,000 | 2,310,000 | 2,286,000 | 2,258,000 | 2,238,000 | 2,245,000 | 2,144,000 | 1,908,000 | 1,816,000 | 1,748,000 | 1,600,000 | 1,556,000 | 1,496,000 | 1,505,000 | 1,610,000 | 1,684,000 |
| Revenue (ttm) | US$ in thousands | 22,102,000 | 20,806,000 | 20,400,000 | 20,122,000 | 19,855,000 | 19,745,000 | 19,622,000 | 19,530,000 | 19,293,000 | 19,066,000 | 18,656,000 | 17,885,000 | 17,341,000 | 16,634,000 | 15,778,000 | 15,083,000 | 14,694,000 | 14,948,000 | 15,105,000 | 15,406,000 |
| Net profit margin | 12.42% | 12.69% | 12.47% | 12.32% | 11.60% | 11.70% | 11.65% | 11.56% | 11.60% | 11.77% | 11.49% | 10.67% | 10.47% | 10.51% | 10.14% | 10.32% | 10.18% | 10.07% | 10.66% | 10.93% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,746,000K ÷ $22,102,000K
= 12.42%
Waste Management Inc's net profit margin has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The net profit margin increased from 10.93% in March 2020 to 12.42% in December 2024. This indicates the company's ability to control its costs and expenses relative to its revenue, resulting in a higher percentage of each dollar of revenue being retained as profit.
The fluctuations in the net profit margin throughout the period suggest that Waste Management Inc has effectively managed its profitability despite potential challenges or changes in the business environment. The increase in the net profit margin over time is a positive indicator of the company's financial performance and efficiency in generating profits from its operations.
Overall, Waste Management Inc's improving net profit margin reflects its success in maintaining profitability and efficiency in its operations, which is essential for sustaining long-term business growth and shareholder value.
Peer comparison
Dec 31, 2024