Waste Management Inc (WM)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,063,000 | 3,575,000 | 3,365,000 | 2,965,000 | 2,434,000 |
| Revenue | US$ in thousands | 22,158,000 | 19,878,000 | 19,294,000 | 17,348,000 | 14,701,000 |
| Operating profit margin | 18.34% | 17.98% | 17.44% | 17.09% | 16.56% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $4,063,000K ÷ $22,158,000K
= 18.34%
The operating profit margin of Waste Management Inc has shown a consistent upward trend over the period from December 31, 2020, to December 31, 2024. Starting at 16.56% in 2020, the operating profit margin increased to 18.34% by the end of 2024, reflecting the company's ability to effectively control its operating expenses and generate stronger operating profits relative to its revenue. This positive trend indicates an improvement in operational efficiency and profitability, highlighting Waste Management Inc's capacity to effectively manage its costs and maximize its operating income over the years. The increasing operating profit margin suggests that the company has been successful in enhancing its profitability and strengthening its financial performance over this period.
Peer comparison
Dec 31, 2024