Republic Services (RSG) FCF Margin (2009 - 2026)

Republic Services (RSG) reported 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 18 years of FCF Margin data on file, last reported at 18.26% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 18.26%, up 414.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.54% (up 101.0% YoY), and the FY2025 annual result was 14.52%, up 154.0% from the prior year.
  • FCF Margin advanced to 18.26% in Q1 2026 per RSG's latest filing, from 9.77% 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 13.66% and a median of 14.12% in 2025 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2023 and 2025: FCF Margin plunged 388 bps in 2023, then surged 645 bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 7.96% in 2022, then gained by 15 bps to 9.16% in 2023, then surged by 41 bps to 12.95% in 2024, then fell by 25 bps to 9.77% in 2025, then jumped 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 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn -
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 10.50%
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn -6.31%
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 2.68%
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -120.60%
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 13.67%
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn -41.73%
10 Republic Services - - 1.75 Bn 18.26%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 19.35%