Republic Services (RSG) Net Margin (2009 - 2026)
Republic Services (RSG) posted quarterly Net Margin of 12.76% for Q1 2026, up 42.0% year-over-year from 8.99% in Q1 2025, and down 2.98% quarter-over-quarter from 13.16% in Q4 2025.
Republic Services (RSG) Net Margin (2009 - 2026) Analysis & Trends
Republic Services (RSG) has reported Net Margin for 18 consecutive years, with 12.76% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 42.0% year-over-year to 12.76%; the TTM figure through Mar 2026 stood at 12.99% (up 10.0% YoY), while the FY2025 annual figure was 12.89%, up 14.0% from the prior year.
- Net Margin fell to 12.76% in Q1 2026 per RSG's latest filing, from 13.16% in the prior quarter.
- Across five years, Net Margin topped out at 13.89% in Q3 2024 and bottomed at 9.84% in Q4 2022.
- Historically, Net Margin has averaged 12.1% across 5 years, with a median of 12.35% in 2025.
- On a YoY basis, Net Margin climbed as much as 162 bps in 2023 and fell as far as 113 bps in 2023.
- Republic Services' Net Margin stood at 9.84% in 2022, then grew by 16 bps to 11.46% in 2023, then gained by 11 bps to 12.68% in 2024, then advanced by 4 bps to 13.16% in 2025, then retreated by 3 bps to 12.76% in 2026.
- Business Quant data shows RSG's Net Margin at 12.76% in Q1 2026, 13.16% in Q4 2025, and 13.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.80 Bn | 89.24 Bn | 2.73 Bn | 11.76% |
| 2 | Republic Services | 67.69 Bn | 67.58 Bn | 1.87 Bn | 12.78% |
| 3 | Waste Connections | 42.90 Bn | 42.80 Bn | 1.08 Bn | 11.57% |
| 4 | Clean Harbors | 16.68 Bn | 16.16 Bn | 608.78 Mn | 9.82% |
| 5 | GFL Environmental | 14.94 Bn | 14.74 Bn | 278.90 Mn | 11.35% |
| 6 | Casella Waste Systems | 5.88 Bn | 5.85 Bn | 178.80 Mn | 0.69% |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -91.41% |
| 8 | Onterris | 565.38 Mn | 551.68 Mn | 82.26 Mn | 0.73% |
| 9 | Perma Fix Environmental Services | 340.06 Mn | 306.10 Mn | -2.50 Mn | -48.12% |
| 10 | American Battery Technology | 337.55 Mn | 298.27 Mn | 737,749.00 | -436.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.78% |
| Mar 31, 2026 | 12.76% |
| Dec 31, 2025 | 13.16% |
| Sep 30, 2025 | 13.06% |
| Jun 30, 2025 | 12.99% |
| Mar 31, 2025 | 12.35% |
| Dec 31, 2024 | 12.68% |
| Sep 30, 2024 | 13.89% |
| Jun 30, 2024 | 12.65% |
| Mar 31, 2024 | 11.76% |
| Dec 31, 2023 | 11.46% |
| Sep 30, 2023 | 12.55% |
| Jun 30, 2023 | 11.48% |
| Mar 31, 2023 | 10.72% |
| Dec 31, 2022 | 9.84% |
| Sep 30, 2022 | 11.59% |
| Jun 30, 2022 | 10.89% |
| Mar 31, 2022 | 11.85% |
| Dec 31, 2021 | 10.60% |
| Sep 30, 2021 | 11.96% |