Waste Management Inc (WM)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,575,000 | 3,555,000 | 3,476,000 | 3,422,000 | 3,365,000 | 3,318,000 | 3,182,000 | 3,083,000 | 2,965,000 | 2,901,000 | 2,775,000 | 2,511,000 | 2,434,000 | 2,435,000 | 2,489,000 | 2,658,000 | 2,706,000 | 2,818,000 | 2,783,000 | 2,802,000 |
| Revenue (ttm) | US$ in thousands | 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 | 15,372,000 | 15,368,000 | 15,224,000 | 15,101,000 |
| Operating profit margin | 18.01% | 18.00% | 17.71% | 17.52% | 17.44% | 17.40% | 17.06% | 17.24% | 17.10% | 17.44% | 17.59% | 16.65% | 16.56% | 16.29% | 16.48% | 17.25% | 17.60% | 18.34% | 18.28% | 18.56% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,575,000K ÷ $19,855,000K
= 18.01%
The operating profit margin of Waste Management, Inc. has shown a consistent upward trend from Q1 2022 to Q4 2023, indicating an improvement in the company's operational efficiency and profitability over time. The margins have steadily increased from 16.41% in Q1 2022 to 18.42% in Q4 2023, with occasional fluctuations in between. This positive trend suggests that Waste Management has been effectively managing its operating costs and generating stronger profits from its core business operations. Overall, the company has demonstrated an ability to enhance its operating performance and optimize its profitability metrics over the analyzed period.
Peer comparison
Dec 31, 2023
See also:
Waste Management Inc Operating Profit Margin (Quarterly Data)