Republic Services (RSG) FCF Margin (2009 - 2026)
Republic Services (RSG) posted quarterly FCF Margin of 18.26% for Q1 2026, up 414.0% year-over-year from 3.55% in Q1 2025, and up 86.89% quarter-over-quarter from 9.77% in Q4 2025.
Republic Services (RSG) FCF Margin (2009 - 2026) Analysis & Trends
Republic Services (RSG) has reported FCF Margin for 18 consecutive years, with 18.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 414.0% year-over-year to 18.26%; the TTM figure through Mar 2026 stood at 15.54% (up 101.0% YoY), while the FY2025 annual figure was 14.52%, up 154.0% from the prior year.
- FCF Margin rose to 18.26% in Q1 2026 per RSG's latest filing, from 9.77% in the prior quarter.
- Across five years, FCF Margin topped out at 19.94% in Q2 2023 and bottomed at 7.66% in Q1 2024.
- Historically, FCF Margin has averaged 13.66% across 5 years, with a median of 14.12% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin plunged 388 bps — and 2025, when it surged 645 bps.
- Republic Services' FCF Margin stood at 7.96% in 2022, then advanced by 15 bps to 9.16% in 2023, then soared by 41 bps to 12.95% in 2024, then retreated by 25 bps to 9.77% in 2025, then surged by 87 bps to 18.26% in 2026.
- Business Quant data shows RSG's FCF Margin at 18.26% in Q1 2026, 9.77% in Q4 2025, and 17.5% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 90.39 Bn | 89.83 Bn | 2.73 Bn | 16.40% |
| 2 | Republic Services | 67.62 Bn | 67.51 Bn | 1.87 Bn | 17.18% |
| 3 | Waste Connections | 42.71 Bn | 42.61 Bn | 1.08 Bn | 16.82% |
| 4 | Clean Harbors | 17.07 Bn | 16.56 Bn | 608.78 Mn | 6.51% |
| 5 | GFL Environmental | 14.89 Bn | 14.70 Bn | 278.90 Mn | 39.66% |
| 6 | Casella Waste Systems | 5.91 Bn | 5.89 Bn | 178.80 Mn | 4.87% |
| 7 | Sino Green Land | 646.75 Mn | 646.67 Mn | -78,936.00 | -272.32% |
| 8 | Onterris | 529.21 Mn | 515.52 Mn | 82.26 Mn | 0.27% |
| 9 | Perma Fix Environmental Services | 334.90 Mn | 300.95 Mn | -2.50 Mn | -54.27% |
| 10 | American Battery Technology | 307.22 Mn | 267.94 Mn | 737,749.00 | -120.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.18% |
| Mar 31, 2026 | 18.26% |
| Dec 31, 2025 | 9.77% |
| Sep 30, 2025 | 17.50% |
| Jun 30, 2025 | 16.58% |
| Mar 31, 2025 | 14.12% |
| Dec 31, 2024 | 12.95% |
| Sep 30, 2024 | 13.84% |
| Jun 30, 2024 | 17.22% |
| Mar 31, 2024 | 7.66% |
| Dec 31, 2023 | 9.16% |
| Sep 30, 2023 | 15.27% |
| Jun 30, 2023 | 19.94% |
| Mar 31, 2023 | 8.63% |
| Dec 31, 2022 | 7.96% |
| Sep 30, 2022 | 14.99% |
| Jun 30, 2022 | 15.95% |
| Mar 31, 2022 | 12.51% |
| Dec 31, 2021 | 8.02% |
| Sep 30, 2021 | 12.25% |