Republic Services (RSG) Return on Invested Capital [ROIC] (2009 - 2025)
Republic Services (RSG) reported Return on Invested Capital [ROIC] of 11.05% for Q2 2026, up 0.06 percentage points from 10.98% a year earlier and up 0.18 percentage points from the prior quarter.
Republic Services (RSG) Return on Invested Capital [ROIC] (2009 - 2025) Analysis & Trends
For FY2025, Republic Services posted Return on Invested Capital [ROIC] of 10.96%, down 0.35 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +2.49 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 11.31% in FY2024 (+1.52 pp), 9.80% in FY2023 (+0.08 pp), 9.71% in FY2022 (+0.24 pp) and 9.48% in FY2021 (+1.00 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year over year, Return on Invested Capital [ROIC] gained in six of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2024 (a gain of 1.58 percentage points); the low point was Q4 2025 (a drop of 0.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.86% (Q1 2026), 10.74% (Q4 2025) and 10.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Yr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 94.39 Bn | 93.32 Bn | 2.75 Bn | 10.47% |
| 2 | Republic Services | 75.41 Bn | 75.02 Bn | 1.90 Bn | 10.96% |
| 3 | Waste Connections | 47.83 Bn | 47.48 Bn | 1.14 Bn | 7.86% |
| 4 | GFL Environmental | 15.73 Bn | 15.73 Bn | 304.74 Mn | 13.37% |
| 5 | Clean Harbors | 15.30 Bn | 12.64 Bn | 661.44 Mn | 9.17% |
| 6 | Casella Waste Systems | 5.92 Bn | 5.24 Bn | 184.65 Mn | 1.41% |
| 7 | Onterris | 832.01 Mn | 777.91 Mn | 88.27 Mn | 0.00% |
| 8 | Enviri | 710.17 Mn | 67.28 Mn | -162.22 Mn | - |
| 9 | Oio | 619.48 Mn | 617.91 Mn | - | -24.73% |
| 10 | Perma Fix Environmental Services | 328.26 Mn | 221.00 Mn | 552,000.00 | -20.11% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 10.96% |
| Dec 31, 2024 | 11.31% |
| Dec 31, 2023 | 9.80% |
| Dec 31, 2022 | 9.71% |
| Dec 31, 2021 | 9.48% |
| Dec 31, 2020 | 8.47% |
| Dec 31, 2019 | 8.96% |
| Dec 31, 2018 | 8.41% |
| Dec 31, 2017 | 10.57% |
| Dec 31, 2016 | 6.37% |
| Dec 31, 2015 | 6.50% |
| Dec 31, 2014 | 5.13% |
| Dec 31, 2013 | 5.64% |
| Dec 31, 2012 | 6.24% |
| Dec 31, 2011 | 6.91% |
| Dec 31, 2010 | 6.12% |
| Dec 31, 2009 | 6.18% |
Republic Services Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D-annual&ticker=RSG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]-annual", "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=return-on-invested-capital-%5Broic%5D-annual&ticker=RSG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();