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Republic Services RSG Operating margin

Operating margin at other companies

Waste Management logo
Waste ManagementWM
17.3%-0.4pp
Waste Connections logo
Waste ConnectionsWCN
17.5%
Cintas logo
CintasCTAS
23%+0.2pp
EMCOR Group logo
EMCOR GroupEME
10.1%+0.8pp
Steel Dynamics logo
Steel DynamicsSTLD
9.1%+0.6pp
Sterling Infrastructure, Inc. logo
Sterling Infrastructure, Inc.STRL
16.9%+3.7pp

Other financials

Income statement

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Revenue$4.1B+2.6%
Gross profit$1.7B+3.1%
Operating income$830.0M+3.2%
Net income$525.3M+6.1%
EPS (diluted)$1.70+7.6%

Balance sheet

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Cash & equivalents$118.0M+42.2%
Total debt$49.0M-12.5%
Total equity$12.0B+2.7%
Total assets$34.6B+4.5%

Cash flow

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Operating cash flow$1.2B+19.7%
CapEx$476.0M+3.7%
Free cash flow$751.0M+32.7%

Valuation

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Market cap$63.82B-10.5%
Enterprise value$63.75B-10.6%
P/E29.4×-4.8×
P/S3.8×-0.6×

Profitability

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Gross margin42%0.0pp
Net margin13%+0.1pp

Returns & leverage

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Return on equity18.4%-0.2pp
Debt / equity0.0×
Current ratio0.7×0.0×

Where this comes from

Calculated from Republic Services’s reported figures.

Based on trailing twelve months.

The official record: Republic Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Republic Services's operating margin?
Republic Services (RSG) reported operating margin of 19.9% in Q1 2026.
How has Republic Services's operating margin changed year-over-year?
Republic Services's operating margin decreased by 1.3% year-over-year, from 20.2% to 19.9%.
What is the long-term trend for Republic Services's operating margin?
Over 4 years (2021 to 2025), Republic Services's operating margin has grown at a 2.8% compound annual growth rate (CAGR), from 72% to 80.4%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.