Republic Services (RSG) FCF Margin (2009 - 2026)
Republic Services' (RSG) quarterly FCF Margin came in at 17.18% in Q2 2026, up 60.0% year-over-year from 10.74% in Q2 2025, and down 5.92% quarter-over-quarter from 18.26% in Q1 2026.
Analysis
Republic Services (RSG) FCF Margin (2009 - 2026) Analysis & Trends
Republic Services (RSG) has reported FCF Margin for 18 consecutive years, with 17.18% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin rose 60.0% year-over-year to 17.18% in Q2 2026; TTM through Jun 2026 was 15.71%, a 131.0% increase from a year earlier, with the FY2025 full-year figure at 14.52%, up 154.0% from the prior year.
- FCF Margin was 17.18% for Q2 2026 at Republic Services, down from 18.26% in the prior quarter.
- Over five years, FCF Margin peaked at 19.94% in Q2 2023 and troughed at 7.66% in Q1 2024.
- A 5-year average of 13.86% and a median of 14.55% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin sank 388 bps in 2023 and jumped 645 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 7.96% in 2022, then rose by 15 bps to 9.16% in 2023, then jumped by 41 bps to 12.95% in 2024, then declined by 25 bps to 9.77% in 2025, then surged by 76 bps to 17.18% in 2026.
- The last three FCF Margin figures came in at 17.18% (Q2 2026), 18.26% (Q1 2026), and 9.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 87.60 Bn | 87.04 Bn | 2.73 Bn | 16.40% |
| 2 | Republic Services | 68.20 Bn | 68.09 Bn | 1.87 Bn | 17.18% |
| 3 | Waste Connections | 41.58 Bn | 41.48 Bn | 1.08 Bn | 16.82% |
| 4 | GFL Environmental | 16.22 Bn | 16.21 Bn | 385.80 Mn | 36.19% |
| 5 | Casella Waste Systems | 5.86 Bn | 5.83 Bn | 178.80 Mn | 4.87% |
| 6 | Comstock | 237.73 Mn | 241.05 Mn | -896,073.00 | -5,527.91% |
| 7 | Quest Resource Holding | 29.11 Mn | 28.09 Mn | 10.43 Mn | 6.96% |
| 8 | ReTo Eco-Solutions | 765,104.78 | -5.97 Bn | - | - |
Historic Data
Download Data
Historic 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% |