RSG Republic Services margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 69
Gross margin
42%
Operating margin
20.2%
EBITDA margin
30.4%
Net margin
12.9%

Based on the latest figures, Republic Services reports a gross margin of 42%, an operating margin of 20.2%, an EBITDA margin of 30.4%, and a net margin of 12.9%. Gross margin had the largest decline, falling by 0.3 percentage points, while the other available margins also weakened.

RSG margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Republic Services recorded average margins of 41.55% gross, 19.79% operating, 29.91% EBITDA, and 12.56% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

RSG margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with gross margin showing the largest decrease at 0.3 percentage points.

Gross margin expansion
-0.3pp
Operating margin expansion
-0.2pp
EBITDA margin expansion
-0.1pp
Net margin expansion
-0.1pp

RSG Gross margin

Republic Services's gross margin averaged 41.55% during the last 3 years. Compared with its three-year average, Republic Services's current gross margin is 42% and is 0.5 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.

RSG Operating margin

Across the last 3 years, Republic Services's operating margin stood at 19.79%. 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.

RSG EBITDA margin

Republic Services recorded an average EBITDA margin of 29.91% across the last 3 years. Republic Services currently reports an EBITDA margin of 30.4%, 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.

RSG Net margin

Over the last 3 years, Republic Services's net margin averaged 12.56%. 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.

RSG margin group comparison

Margins compared with peer-group, industry and sector averages

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 32.7%, Republic Services's gross margin is 28% higher.

RSG margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Republic Services's gross margin?

The current gross margin for RSG is 42% as of Jun 30, 2026.

What is Republic Services's operating margin?

As of Jun 30, 2026, RSG has an operating margin of 20.2%.

What is Republic Services's EBITDA margin?

The current EBITDA margin for RSG is 30.4% as of Jun 30, 2026.

What is Republic Services's net margin?

The current net margin for RSG is 12.9% as of Jun 30, 2026.

What are the average margins of RSG?

Over the last 3 years, Republic Services's margins averaged 41.6% gross, 19.8% operating, 29.9% EBITDA, and 12.6% net.

What are the highest historical margins of RSG?

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.

What are the lowest historical margins of RSG?

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.