Industry insights and figures Water supply; sewerage, waste management and remediation activities

Operating margin
19.5 %
▼ -0.5pp
2022
Companies
9749
2023
Vacancies (sector)
0.0%
2025-Q4

Key insights Water supply; sewerage, waste management and remediation activities

Actionable signals from current data
DE
Average operating result: 19.5% of revenue (2022).
Personnel costs: 19.0% of revenue (2022).
Number of companies: 9,749 (2023).

Sector outlook Water supply; sewerage, waste management and remediation activities

Automated analytical commentary based on the most recent Eurostat figures

Industry overview

The Water supply; sewerage, waste management and remediation activities sector across Germany comprises approximately 9,838 enterprises employing about 305,636 people and generating €86.3 bn in net turnover in 2022. The average enterprise size is 31 employees per firm. This is a useful yardstick when assessing whether your own operation sits within the typical scale band of the sector.

Profitability

With a robust operating margin of 19.5% of revenue in 2022, the sector reports €16.8 bn of gross operating surplus (Eurostat's EBITDA-equivalent, before depreciation). This figure provides the headline benchmark against which an individual operator can sanity-check their own bottom line, values significantly below indicate cost or pricing pressure, those above suggest competitive advantage worth defending.

Cost structure

The Water supply; sewerage, waste management and remediation activities cost mix is reasonably balanced: cost of revenue at 62.4%, personnel at 19.0% and energy at 0.1% of turnover. Without a single dominant cost driver, margin management requires attention across the full operating envelope rather than focus on any one line.

Productivity & human capital

Each employee in the Water supply; sewerage, waste management and remediation activities sector generates approximately €279,000 of net turnover against a labour cost of €42,000, yielding a productivity-to-cost ratio of 6.6. Value added per employee stands at €108,000 This is a headline figure to compare against individual firm performance when judging whether headcount is creating proportional value.

Trend & trajectory

Over the period 2008 to 2022 the operating margin moved from 4.2% to 19.5% (+15.3 percentage points), an encouraging upward trajectory. Sectors with stable or improving margins tend to reflect successful pass-through of input costs and disciplined capacity management; declining margins typically point to either over-supply or a structural cost squeeze that warrants strategic review.

Costs by category Water supply; sewerage, waste management and remediation activities

Sector average % of revenue
Log in to see the full 16-year history
Cost structure for Water supply; sewerage, waste management and remediation activities in DE, 2008 to 2022, expressed as percentage of revenue.
Revenue / costs 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2024
Total revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Personnel costs (total) 17.3% 19.1% 17.6% 16.9% 17.4% 17.9% 18.4% 19.0% 19.3% 18.8% 19.9% 20.8% 21.5% 19.4% 19.0%
Gross wages 13.7% 15.2% 14.0% 13.4% 13.8% 14.2% 14.6% 15.1% 15.4% 15.0% 15.9% 16.6% 17.2% 15.4% 15.1%
Social and pension contributions 3.6% 4.0% 3.6% 3.5% 3.6% 3.7% 3.8% 3.9% 3.9% 3.8% 4.0% 4.3% 4.3% 4.0% 3.9%
Energy 0.1% 0.1%
Other costs 78.6% 76.8% 78.5% 58.2% 59.4% 58.9% 59.3% 58.4% 58.1% 59.1% 58.8% 57.9% 57.4% 60.5% 61.4%
Gross operating surplus (EBITDA) 4.2% 4.1% 3.9% 24.9% 23.2% 23.2% 22.4% 22.5% 22.6% 22.0% 21.4% 21.3% 21.0% 20.0% 19.5%
Depreciation 30.0% 32.4% 29.1% 26.0% 25.8% 25.9% 23.9% 24.0% 23.5% 22.7% 21.5% 21.3% 22.1% 22.0% 23.1%
Operating result (EBIT) -25.8% -28.3% -25.2% -1.1% -2.6% -2.7% -1.5% -1.5% -0.9% -0.7% -0.2% -0.1% -1.0% -2.0% -3.7%

Source: Eurostat Structural Business Statistics (latest available year).

Per-employee benchmarks and capital intensity Water supply; sewerage, waste management and remediation activities

Revenue per employee
279€k
Labour cost per employee
42€k
Value added per employee
108€k
Labour productivity
107€k
Employees per firm
31
Investment rate
28.0%
Labour cost / value added
39.0%
Wage-adjusted productivity
200.0%

Average sector figures sourced from Eurostat. Use as a yardstick. Note your own ratios may differ by scale, mix and legal form.

Operating result over 15 years

Sector average % of revenue
Average
18.4%
Peak
24.93%
2011
Low
3.92%
2010
Latest
19.46%
2022

Cost mix evolution

How costs have shifted as a share of revenue

Cost distribution as % of revenue Water supply; sewerage, waste management and remediation activities (2022)

Recommended next steps

Based on the latest available data for Water supply; sewerage, waste management and remediation activities