Waste Management Inc (WM)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 3,426,000 3,458,000 3,021,000 2,918,000 2,349,000
Revenue US$ in thousands 25,204,000 22,063,000 20,426,000 19,698,000 17,931,000
Pretax margin 13.59% 15.67% 14.79% 14.81% 13.10%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $3,426,000K ÷ $25,204,000K
= 13.59%