Waste Management Inc (WM)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,459,000 | 3,049,000 | 2,916,000 | 2,348,000 | 1,893,000 |
| Revenue | US$ in thousands | 22,158,000 | 19,878,000 | 19,294,000 | 17,348,000 | 14,701,000 |
| Pretax margin | 15.61% | 15.34% | 15.11% | 13.53% | 12.88% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,459,000K ÷ $22,158,000K
= 15.61%
Waste Management Inc's pretax margin has shown a positive trend over the years, starting at 12.88% in December 31, 2020, and increasing steadily to 15.61% by December 31, 2024. This indicates that the company's ability to generate profits before taxes has been improving. The consistent growth in pretax margin demonstrates effective cost management, revenue growth, or a combination of both. It is a positive sign for Waste Management Inc's financial performance and efficiency in utilizing its resources to generate earnings before accounting for taxes.
Peer comparison
Dec 31, 2024