Republic Services (RSG) Net Margin (2009 - 2026)
Republic Services' (RSG) quarterly Net Margin came in at 12.78% in Q2 2026, down 21.0% year-over-year from 16.17% in Q2 2025, and little changed quarter-over-quarter from 12.76% in Q1 2026.
Analysis
Republic Services (RSG) Net Margin (2009 - 2026) Analysis & Trends
Republic Services (RSG) has reported Net Margin for 18 consecutive years, with 12.78% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 21.0% year-over-year to 12.78% in Q2 2026; TTM through Jun 2026 was 12.94%, a 4.0% decrease from a year earlier, with the FY2025 full-year figure at 12.89%, up 14.0% from the prior year.
- Net Margin was 12.78% for Q2 2026 at Republic Services, roughly flat from 12.76% in the prior quarter.
- Over five years, Net Margin peaked at 13.89% in Q3 2024 and troughed at 9.84% in Q4 2022.
- A 5-year average of 12.14% and a median of 12.45% in 2025 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 162 bps in 2023, down 113 bps in 2023.
- Over 5 years, Net Margin stood at 9.84% in 2022, then advanced by 16 bps to 11.46% in 2023, then increased by 11 bps to 12.68% in 2024, then rose by 4 bps to 13.16% in 2025, then dropped by 3 bps to 12.78% in 2026.
- The last three Net Margin figures came in at 12.78% (Q2 2026), 12.76% (Q1 2026), and 13.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 86.14 Bn | 85.58 Bn | 2.73 Bn | 11.76% |
| 2 | Republic Services | 68.03 Bn | 67.93 Bn | 1.87 Bn | 12.78% |
| 3 | Waste Connections | 40.40 Bn | 40.30 Bn | 1.08 Bn | 11.57% |
| 4 | GFL Environmental | 15.36 Bn | 15.16 Bn | 385.80 Mn | -8.20% |
| 5 | Casella Waste Systems | 5.72 Bn | 5.69 Bn | 178.80 Mn | 0.69% |
| 6 | Comstock | 222.89 Mn | 222.89 Mn | -896,073.00 | -9,797.26% |
| 7 | Quest Resource Holding | 29.23 Mn | 28.20 Mn | 10.43 Mn | -19.07% |
| 8 | ReTo Eco-Solutions | 49,107.17 | -5.98 Bn | - | - |
Historic Data
Download Data
Historic 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% |