Republic Services, Inc. (RSG) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RSG Revenue Growth
Revenue Breakdown (FY 2025)
RSG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RSG Revenue Analysis (2014–2025)
As of May 6, 2026, Republic Services, Inc. (RSG) generated trailing twelve-month (TTM) revenue of $16.59 billion, reflecting modest growth of +2.2% year-over-year. The most recent quarter (Q4 2025) recorded $4.14 billion in revenue, down 1.8% sequentially.
Looking at the longer-term picture, RSG's 5-year compound annual growth rate (CAGR) stands at +10.3%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $16.59 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows RSG's business is primarily driven by Collection Service Line (45%), Collection Service Line - Small-container (20%), and Collection Service Line - Large-container (12%).
When compared to Industrials sector peers including WM (+10.9% YoY), CWST (+14.9% YoY), and WCN (+6.3% YoY), RSG has underperformed the peer group in terms of revenue growth. Compare RSG vs WM →
RSG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RSGCurrent | $16.6B | +2.2% | +10.3% | 20.0% | |
 WM | $25.2B | +10.9% | +10.6% | 18.3% | |
 CWST | $1.8B | +14.9% | +18.9% | 4.9% | |
 WCN | $9.5B | +6.3% | +11.8% | 18.1% | |
 CLH | $6.0B | +2.9% | +13.9% | 11.2% | |
 NVRI | $2.2B | -4.3% | +7.9% | 3.9% |
RSG Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $16.59B | +3.5% | $5.03B | 30.3% | $3.32B | 20.0% |
| 2024 | $16.03B | +7.1% | $4.90B | 30.6% | $3.22B | 20.1% |
| 2023 | $14.96B | +10.8% | $4.42B | 29.6% | $2.84B | 19.0% |
| 2022 | $13.51B | +19.6% | $3.87B | 28.6% | $2.41B | 17.9% |
| 2021 | $11.29B | +11.2% | $3.29B | 29.1% | $2.09B | 18.5% |
| 2020 | $10.15B | -1.4% | $4.05B | 39.9% | $1.71B | 16.8% |
| 2019 | $10.30B | +2.6% | $2.91B | 28.3% | $1.83B | 17.8% |
| 2018 | $10.04B | -0.0% | $2.81B | 28.0% | $1.76B | 17.6% |
| 2017 | $10.04B | +7.0% | $2.72B | 27.0% | $1.66B | 16.5% |
| 2016 | $9.39B | +3.0% | $2.59B | 27.6% | $1.61B | 17.2% |
Full RSG Stock Analysis
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Start ComparisonRSG — Frequently Asked Questions
Quick answers to the most common questions about buying RSG stock.
Is RSG's revenue growth accelerating or slowing?
RSG revenue growth slowed to +2.2%, below the 5-year CAGR of +10.3%. TTM revenue is $16.6B. The deceleration marks a shift from historical growth rates.
What is RSG's long-term revenue growth rate?
Republic Services, Inc.'s 5-year revenue CAGR of +10.3% reflects the variable expansion pattern. Current YoY growth of +2.2% is near this long-term average.
How is RSG's revenue distributed by segment?
RSG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.