Waste Management Inc (WM)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,459,000 | 3,427,000 | 3,305,000 | 3,222,000 | 3,049,000 | 3,023,000 | 2,978,000 | 2,943,000 | 2,916,000 | 2,916,000 | 2,793,000 | 2,473,000 | 2,348,000 | 2,253,000 | 2,064,000 | 2,003,000 | 1,893,000 | 1,877,000 | 1,976,000 | 2,077,000 |
| 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 |
| Pretax margin | 15.65% | 16.47% | 16.20% | 16.01% | 15.36% | 15.31% | 15.18% | 15.07% | 15.11% | 15.29% | 14.97% | 13.83% | 13.54% | 13.54% | 13.08% | 13.28% | 12.88% | 12.56% | 13.08% | 13.48% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,459,000K ÷ $22,102,000K
= 15.65%
Waste Management Inc has demonstrated a generally stable pretax margin over the period from March 31, 2020, to December 31, 2024. The pretax margin has fluctuated within the range of 12.56% to 16.47% during this time frame, with a noticeable upward trend observed from June 30, 2022, to March 31, 2024. The company's pretax margin reached its peak at 16.47% on September 30, 2024, before experiencing a slight decrease to 15.65% by December 31, 2024. Overall, Waste Management Inc's pretax margin indicates its ability to effectively manage expenses in relation to its pre-tax income and reflects a positive trend in profitability over the analyzed period.
Peer comparison
Dec 31, 2024