Republic Services (RSG) Operating Income (2009 - 2026)
Republic Services' Operating Income was $921 million in Q3 2026, up 10.2% from $836 million a year earlier and up 2.2% from the prior quarter.
Republic Services (RSG) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Republic Services' Operating Income was $3.45 billion through Sep 30, 2026, up 4.5% year-over-year; for FY2025, it was $3.3 billion, up 3.3% from FY2024.
- Operating Income has now increased for five consecutive years, with a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- In earlier years, Operating Income was $3.2 billion in FY2024 (+15.0%), $2.78 billion in FY2023 (+16.2%), $2.39 billion in FY2022 (+15.2%) and $2.08 billion in FY2021 (+21.5%).
- The Q3 2026 figure marks the highest quarterly Operating Income in data going back to Q1 2009.
- Compared with a year earlier, Operating Income has increased for three straight quarters, with growth averaging 5.8% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q4 2023 (growth of 21.4%); the worst was Q3 2025 (a decline of 1.2%).
- Per Business Quant data, RSG's Operating Income in the three quarters before Q3 2026 was $901 million (Q2 2026), $830 million (Q1 2026) and $800 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 93.34 Bn | 92.18 Bn | 2.75 Bn | 1.28 Bn |
| 2 | Republic Services | 75.09 Bn | 74.70 Bn | 1.90 Bn | 921.00 Mn |
| 3 | Waste Connections | 47.35 Bn | 46.99 Bn | 1.14 Bn | 541.75 Mn |
| 4 | GFL Environmental | 15.32 Bn | 15.00 Bn | - | - |
| 5 | Clean Harbors | 15.15 Bn | 12.49 Bn | 661.44 Mn | 318.11 Mn |
| 6 | Casella Waste Systems | 5.92 Bn | 5.04 Bn | 178.80 Mn | 19.96 Mn |
| 7 | Onterris | 802.59 Mn | 748.49 Mn | 88.27 Mn | 12.28 Mn |
| 8 | Enviri | 690.70 Mn | 1.79 Mn | -162.22 Mn | 23.55 Mn |
| 9 | Perma Fix Environmental Services | 316.78 Mn | 209.52 Mn | 552,000.00 | -3.67 Mn |
| 10 | Comstock | 137.16 Mn | -3.62 Mn | -606,061.00 | 2.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 921.00 Mn |
| Jun 30, 2026 | 901.00 Mn |
| Mar 31, 2026 | 830.00 Mn |
| Dec 31, 2025 | 800.00 Mn |
| Sep 30, 2025 | 836.00 Mn |
| Jun 30, 2025 | 861.00 Mn |
| Mar 31, 2025 | 804.00 Mn |
| Dec 31, 2024 | 803.00 Mn |
| Sep 30, 2024 | 846.00 Mn |
| Jun 30, 2024 | 814.00 Mn |
| Mar 31, 2024 | 733.00 Mn |
| Dec 31, 2023 | 700.80 Mn |
| Sep 30, 2023 | 727.80 Mn |
| Jun 30, 2023 | 707.20 Mn |
| Mar 31, 2023 | 644.10 Mn |
| Dec 31, 2022 | 577.50 Mn |
| Sep 30, 2022 | 664.30 Mn |
| Jun 30, 2022 | 589.60 Mn |
| Mar 31, 2022 | 560.60 Mn |
| Dec 31, 2021 | 501.70 Mn |
Republic Services Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=RSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "RSG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=RSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();