REPUBLIC SERVICES, INC. (RSG) closed fiscal year 2025 with a gross margin of 49.4 % and a net margin of 11.2 %.
REPUBLIC SERVICES, INC. (RSG) closed fiscal year 2025 with a gross margin of 49.4 % and a net margin of 11.2 %. The same year shows an EBITDA margin of 26.9 % and an EBIT margin of 17.4 %. The free cash flow margin was 12.7 %. Against the previous year the gross margin moved +0.2 pp and the net margin +0.1 pp. Across the period the gross margin ranges between 34.4 % in 2008 and 50.1 % in 2011. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 36.91 % | 34.42 % | 40.92 % | 41.22 % | 50.15 % | 48.56 % | 48.40 % | 46.89 % | 49.89 % | 49.24 % | 48.52 % | 48.31 % | 48.34 % | 49.30 % | 49.42 % | 47.56 % | 48.24 % | 49.23 % | 49.39 % |
| EBITDA margin (%) | 26.49 % | 17.29 % | 30.00 % | 29.27 % | 24.56 % | 22.29 % | 20.58 % | 20.14 % | 22.97 % | 22.27 % | 22.41 % | 23.27 % | 23.19 % | 23.15 % | 24.49 % | 23.93 % | 24.78 % | 26.46 % | 26.89 % |
| EBIT margin (%) | 16.88 % | 7.69 % | 19.39 % | 18.99 % | 15.91 % | 13.57 % | 11.93 % | 11.60 % | 14.15 % | 13.54 % | 13.82 % | 14.59 % | 14.66 % | 14.20 % | 15.59 % | 15.29 % | 16.09 % | 17.35 % | 17.35 % |
| Net margin (%) | 9.14 % | 2.00 % | 6.04 % | 6.25 % | 6.04 % | 5.88 % | 5.81 % | 5.15 % | 6.81 % | 5.39 % | 10.59 % | 8.71 % | 8.80 % | 8.04 % | 9.69 % | 9.51 % | 10.02 % | 11.09 % | 11.24 % |
| FCF margin (%) | 11.61 % | 3.40 % | 6.95 % | 7.88 % | 8.51 % | 6.27 % | 6.58 % | 6.28 % | 6.67 % | 8.10 % | 7.63 % | 9.84 % | 9.39 % | 10.61 % | 11.04 % | 11.10 % | 11.50 % | 11.30 % | 12.66 % |
