Based on the latest figures, Republic Services reports a gross margin of 42%, an operating margin of 20.2%, an EBITDA margin of 30.5%, and a net margin of 12.9%. Margin expansion was strongest in net margin, which gained by 0.1 percentage points. Gross margin had the strongest contraction, dropping by 0.2 percentage points.
Over the last 3 years, Republic Services recorded average margins of 41.58% gross, 19.83% operating, 29.96% EBITDA, and 12.59% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.
Net margin expanded by 0.1 percentage points, but gross margin contracted by 0.2 percentage points.
Republic Services's gross margin averaged 41.58% during the last 3 years. Compared with its three-year average, Republic Services's current gross margin is 42% and is 0.4 percentage points above its three-year average. Over the last 3 years, Republic Services's gross margin peaked at 42.3% in Jun 2025 and reached a low of 40.2% in Dec 2023.
Across the last 3 years, Republic Services's operating margin stood at 19.83%. Republic Services's current operating margin is 20.2% and is 0.4 percentage points above its three-year average. Operating margin was highest at 20.4% in Jun 2025 and lowest at 18.6% in Dec 2023.
Republic Services recorded an average EBITDA margin of 29.96% across the last 3 years. Republic Services currently reports an EBITDA margin of 30.5%, 0.5 percentage points above its three-year average. Over the last 3 years, Republic Services's EBITDA margin peaked at 30.7% in Mar 2026 and reached a low of 28.7% in Dec 2023.
Over the last 3 years, Republic Services's net margin averaged 12.59%. Currently, Republic Services's current net margin is 12.9%, which is 0.3 percentage points above its three-year average. During this period, net margin reached a high of 13% in Mar 2026 and a low of 11.6% in Dec 2023.
Republic Services's gross margin of 42% is higher than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 32.5%, Republic Services's gross margin is 29% higher.
The current gross margin for RSG is 42% as of Sep 30, 2026.
As of Sep 30, 2026, RSG has an operating margin of 20.2%.
The current EBITDA margin for RSG is 30.5% as of Sep 30, 2026.
The current net margin for RSG is 12.9% as of Sep 30, 2026.
Over the last 3 years, Republic Services's margins averaged 41.6% gross, 19.8% operating, 30.0% EBITDA, and 12.6% net.
Looking back across 5 years, RSG reached 42.3% gross in Jun 2025, 20.4% operating in Jun 2025, 30.7% EBITDA in Mar 2026, and 13% net in Mar 2026.
In the last 5 years, the lowest margins reported by RSG were 39% gross in Mar 2023, 17.5% operating in Mar 2023, 27% EBITDA in Sep 2022, and 10.8% net in Mar 2023.