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Net margin at other companies

Republic Services logo
Republic ServicesRSG
13%+0.1pp
Waste Connections logo
Waste ConnectionsWCN
11%
EMCOR Group logo
EMCOR GroupEME
7.5%+0.5pp
Steel Dynamics logo
Steel DynamicsSTLD
7.2%+0.4pp
Medline, Inc.
 logo
Medline, Inc. MDLN
4.6%+2.7pp
Valero Energy logo
Valero EnergyVLO
3.4%+2.6pp

Other financials

Income statement

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Revenue$6.2B+3.5%
Gross profit$2.5B+5.3%
Operating income$1.1B+9.9%
Net income$723.0M+13.5%
EPS (diluted)$1.79+13.3%

Balance sheet

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Cash & equivalents$158.0M-26.9%
Total equity$10.0B+15.9%
Total assets$45.7B+2.7%

Cash flow

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Operating cash flow$1.5B+24.3%
CapEx$650.0M-21.8%
Free cash flow$851.0M+126%

Valuation

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Market cap$86.68B-0.4%
P/E31×-1.5×
P/S3.4×-0.4×

Profitability

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Gross margin40.7%+1.2pp
Operating margin17.3%-0.4pp

Returns & leverage

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Return on equity29.9%-4.1pp
Debt / equity0.2×0.0×
Current ratio0.9×+0.1×

Where this comes from

Calculated from Waste Management’s reported figures.

Based on trailing twelve months.

The official record: Waste Management’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waste Management's net margin?
Waste Management (WM) reported net margin of 11% in Q1 2026.
How has Waste Management's net margin changed year-over-year?
Waste Management's net margin decreased by 5.8% year-over-year, from 11.7% to 11%.
What is the long-term trend for Waste Management's net margin?
Over 4 years (2021 to 2025), Waste Management's net margin has grown at a 2.6% compound annual growth rate (CAGR), from 39.9% to 44.1%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.