Republic Services, Inc. logo
RSGRepublic Services, Inc.

Operating Margin: 20.20%

Is the operating margin high or low?

The operating margin of 20.20% is in line with its 5-year average of 19.13%, near the high end of its 5-year range (16.56%–20.97%).

As of Monday, June 29, 2026. 0.71% above its 12-month average of 20.06%.

Operating Margin

RSG Operating Margin

20.20%

Reported quarterly operating margin; no daily interpolation.

+8.75% 5Y
RSG Operating Margin

RSG Average Operating Margin Chart

RSG Operating Margin

RSG Current vs Average Operating Margin Chart

RSG Operating Margin Metrics

OPERATING MARGIN

20.20%

OPERATING MARGIN AVG TTM

20.06%

OPERATING MARGIN AVG 3Y

19.71%

OPERATING MARGIN AVG 5Y

19.13%

OPERATING MARGIN AVG 10Y

18.16%

OPERATING MARGIN AVG 15Y

17.82%

OPERATING MARGIN AVG 20Y

17.80%

CURRENT VS TTM AVG

+0.71%

CURRENT VS 3Y AVG

+2.53%

CURRENT VS 5Y AVG

+5.60%

CURRENT VS 10Y AVG

+11.23%

CURRENT VS 15Y AVG

+13.38%

CURRENT VS 20Y AVG

+13.49%

RSG Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Republic Services, Inc. (RSG)$66.58B20.20%20.06%19.71%19.13%
Comfort Systems USA, Inc. (FIX)vs ›$65.27B15.69%12.54%9.81%8.67%
Cintas Corporation (CTAS)vs ›$68.78B22.95%22.19%21.26%20.15%
W.W. Grainger, Inc. (GWW)vs ›$63.91B14.23%15.18%15.12%13.50%
PACCAR Inc (PCAR)vs ›$63.51B9.68%12.47%13.66%10.74%
Norfolk Southern Corporation (NSC)vs ›$70.26B32.39%31.98%31.05%33.01%
United Rentals, Inc. (URI)vs ›$70.27B24.67%25.59%26.46%25.20%
Northrop Grumman Corporation (NOC)vs ›$71.02B11.08%10.43%9.29%10.67%
Bloom Energy Corporation (BE)vs ›$71.69B8.24%2.58%-8.07%-9.18%
Carrier Global Corporation (CARR)vs ›$61.12B7.24%9.05%10.00%11.75%

Operating Efficiency

Gross Margin

39.1%

Operating Margin

20.2%

Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Operating Margin FAQ

What is the operating margin for Republic Services, Inc. (RSG)?
The operating margin for RSG stock is 20.20%.
Is Republic Services, Inc.'s operating margin high or low?
The operating margin of 20.20% is in line with its 5-year average of 19.13%, near the high end of its 5-year range (16.56%–20.97%).
What is the TTM average operating margin for Republic Services, Inc. (RSG)?
The TTM average operating margin for RSG stock is 20.06%.
What is the 3Y average operating margin for Republic Services, Inc. (RSG)?
The 3Y average operating margin for RSG stock is 19.71%.
What is the 5Y average operating margin for Republic Services, Inc. (RSG)?
The 5Y average operating margin for RSG stock is 19.13%.
What is the 10Y average operating margin for Republic Services, Inc. (RSG)?
The 10Y average operating margin for RSG stock is 18.16%.
What is the 15Y average operating margin for Republic Services, Inc. (RSG)?
The 15Y average operating margin for RSG stock is 17.82%.
What is the 20Y average operating margin for Republic Services, Inc. (RSG)?
The 20Y average operating margin for RSG stock is 17.80%.

RSG Operating Margin History

DATEOPERATING MARGIN
2026-03-3120.20%
2025-12-3119.52%
2025-09-3019.92%
2025-06-3020.54%
2025-03-3120.13%
2024-12-3120.07%
2024-09-3020.97%
2024-06-3020.21%
2024-03-3119.13%
2023-12-3118.64%
2023-09-3019.31%
2023-06-3019.40%
2023-03-3118.14%
2022-12-3116.56%
2022-09-3018.51%
2022-06-3017.27%
2022-03-3119.08%
2021-12-3117.19%
2021-09-3019.39%
2021-06-3018.58%
2021-03-3119.03%
2020-12-3118.72%
2020-09-3019.02%
2020-06-3016.11%
2020-03-3116.80%
2019-12-3118.03%
2019-09-3017.16%
2019-06-3016.93%
2019-03-3117.25%
2018-12-3119.68%
2018-09-3017.28%
2018-06-3016.31%
2018-03-3116.98%
2017-12-3115.85%
2017-09-3017.03%
2017-06-3017.03%
2017-03-3116.12%
2016-12-3117.08%
2016-09-3017.98%
2016-06-3016.25%
2016-03-3115.37%
2015-12-3115.45%
2015-09-3018.90%
2015-06-3016.84%
2015-03-3117.18%
2014-12-317.48%
2014-09-3016.89%
2014-06-3017.00%
2014-03-3114.76%
2013-12-3118.80%
2013-09-3016.27%
2013-06-308.58%
2013-03-3113.72%
2012-12-3114.24%
2012-09-3015.53%
2012-06-3018.78%
2012-03-3116.49%
2011-12-3118.11%
2011-09-3019.30%
2011-06-3019.23%
2011-03-3119.15%
2010-12-3119.27%
2010-09-3017.83%
2010-06-3019.40%
2010-03-3119.48%
2009-12-3116.47%
2009-09-3018.66%
2009-06-3025.20%
2009-03-3117.13%
2008-12-31-8.97%
2008-09-3020.02%
2008-06-3010.34%
2008-03-3118.25%
2007-12-3117.58%
2007-09-3015.91%
2007-06-3018.94%
2007-03-3114.98%
2006-12-3116.93%
2006-09-3016.95%
2006-06-3017.18%
2006-03-3116.60%
2005-12-3115.63%
2005-09-3016.36%
2005-06-3017.10%
2005-03-3117.65%
2004-12-3115.94%
2004-09-3016.65%
2004-06-3017.01%
2004-03-3117.26%
2003-12-3116.70%
2003-09-3013.47%
2003-06-3017.81%
2003-03-3117.73%
2002-12-3119.51%
2002-09-3019.39%
2002-06-3019.44%

About Republic Services, Inc.

Republic Services, Inc., along with its subsidiaries, delivers comprehensive environmental services across the United States. The company specializes in the collection and processing of recyclable materials, alongside the gathering, transfer, and responsible disposal of non-hazardous solid waste, in addition to other environmental solutions. Its collection activities encompass curbside pickups, facilitating transport to transfer stations, landfills, or recycling facilities; the provision of waste and recycling containers; and compactor rentals. Beyond collection, Republic Services engages in the processing and sale of commodities such as old corrugated containers, newsprint, aluminum, and glass. The company also operates landfill and transfer services, manages the disposal of non-hazardous solid and liquid industrial waste, and provides on-site logistics and transportation. Serving a broad customer base, including residential, small-container, and large-container clients, Republic Services maintains a vast operational footprint. As of December 31, 2021, this included 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, 7 deep injection wells, and 3 treatment, recovery, and disposal facilities across 41 states. Furthermore, it oversees 77 landfill gas-to-energy and renewable energy projects and manages 124 closed landfills. The company, founded in 1996, is headquartered in Phoenix, Arizona.

Phoenix, AZ
42,000 employees
Industrials / Waste Management
Sector
Industrials
Industry
Waste Management
CEO
Jon Vander Ark