REPUBLIC SERVICES, INC.(RSG)Stock Analysis
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Rank #242 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
RSG Stock Analysis & AI Quality Score
AI stock analysis and institutional research for REPUBLIC SERVICES, INC. (RSG), a Utilities sector company. 13F Pro's AI-powered ranking engine scores RSG at 72.0/100 on a 32-signal composite quality model, placing it at rank #242 of 2,879 stocks — the top 10% of the AI-ranked universe. RSG scores in the top quartile across revenue scale (91.4), balance sheet strength (75.8). Based on the latest XBRL financial filings (Q1 2026), REPUBLIC SERVICES, INC. reports quarterly revenue of $4.7B, net income of $525.3M, an operating margin of 17.7%. Top institutional holders of RSG by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. RSG trades on the NYSE exchange and files with the SEC under CIK 1060391. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RSG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for REPUBLIC SERVICES, INC. directly from SEC EDGAR. REPUBLIC SERVICES, INC.'s 13F Pro composite quality score has ranged between 8 and 76 since 2021, currently 72.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving RSG's Business? Latest 10-Q Breakdown
AI-extracted from REPUBLIC SERVICES, INC.'s 10-Q filed 2026-05-08 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Republic Services Q1 revenue grew 2.6% to $4.1B, driven by 3.4% pricing gains, though volume declined 0.8% and environmental solutions fell 1.3%.
Biggest Revenue Drivers
Total revenue: $4,113M+2.6% YoY
Increased by pricing gains across all lines of business, partially offset by volume declines in residential and small-container due to municipal contract losses and broker-related business.
Higher solid waste and special waste volumes, partially offset by decline in construction and demolition volumes related to non-recurring Hurricane Helene recovery efforts in 2025.
Decline primarily driven by reduced emergency response activity.
Increased volume and pricing in transfer operations.
Recycling processing and commodity sales increased at Polymer Centers and from acquisitions, offset by lower commodity prices.
Largest Expense Items
Labor cost increases from merit raises and acquisitions; fuel cost increases from higher diesel prices ($4.12/gal vs. $3.63/gal); transfer and disposal costs increased due to higher disposal rates.
Increased investments in trucks and infrastructure; landfill depletion favorable adjustments partially offset volume and rate increases.
Increased salaries from merit raises and acquisitions offset by favorable legal settlement recognized during the period.
Higher overall debt balance partially offset by lower interest rates on debt compared to prior year.
Watch Items from the Filing
- Environmental solutions revenue declined 10.5% YoY, driven by lower emergency response activity. This segment's Adjusted EBITDA fell from $93M to $78M, a concerning 16% decline despite pricing increases.
- Volume declined 0.8% overall; large-container collection fell due to slowing construction-related activity and manufacturing weakness. Collection volume headwinds include municipal contract losses and broker-related business.
- West Lake Landfill Superfund site: EPA issued revised ESD in January 2025 with estimated cost of $392M (vs. prior $229M) due to expanded radiologically-impacted acreage. Company contests liability for federally-generated Manhattan Project materials.
- Company expects to incur approximately $20M additional restructuring charges in remainder of 2026 related to design and implementation of new accounts receivable system.
- Recycled commodity prices averaged $120/ton in Q1 2026 vs. $155/ton in Q1 2025; a $10/ton change impacts annual revenue and operating income by approximately $13M, creating significant volatility exposure.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$4.7B
Net Income
Q1 2026
$525.3M
Free Cash Flow
Q1 2026
$751.0M
Operating Margin
Q1 2026
17.7%
D/E Ratio
Q1 2026
1.16
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+3.3% YoYNet Income
+4.7% YoYOperating Income
+3.3% YoYEPS (Diluted)
+5.5% YoYTotal Assets
+6.1% YoYTotal Debt
+4.4% YoYOp. Cash Flow
+9.1% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $19.03B +3.3% | $18.42B +6.6% | $17.28B +10.4% | $15.64B +17.4% | $13.32B +10.7% | $12.03B |
| Net Income | $2.14B +4.7% | $2.04B +18.0% | $1.73B +16.4% | $1.49B +15.3% | $1.29B +33.4% | $967.2M |
| Operating Income | $3.30B +3.3% | $3.20B +15.0% | $2.78B +16.2% | $2.39B +15.2% | $2.08B +21.5% | $1.71B |
| EPS (Diluted) | $6.85 +5.5% | $6.49 +18.6% | $5.47 +16.6% | $4.69 +16.1% | $4.04 +33.8% | $3.02 |
| Total Assets | $34.37B +6.1% | $32.40B +3.2% | $31.41B +8.1% | $29.05B +16.4% | $24.95B +6.5% | $23.43B |
| Total Debt | $14.31B +4.4% | $13.70B -0.4% | $13.75B +11.3% | $12.36B +27.6% | $9.69B +5.0% | $9.22B |
| Operating Cash Flow | $4.30B +9.1% | $3.94B +8.8% | $3.62B +13.4% | $3.19B +14.5% | $2.79B +12.7% | $2.47B |
AI Insight: RSG Ratio Trends
Operating margin recovered to 17.7% in Q1 2026 after declining to 16.9% in Q4 2025, but ROIC remains pressured near 12.8%.
• Operating margin fell from 18.1% in Q3 2024 to 16.9% in Q4 2025, rebounding slightly to 17.7% in Q1 2026.
• Net profit margin stable at 11.2–11.5% over last three quarters; ROE and ROA fluctuate within narrow ranges.
• Debt-to-equity improved from 1.20 in Q4 2025 to 1.16 in Q1 2026, approaching 2024 lows.
⚠ ROIC declined from 14.2% peak in Q3 2024 to 12.2% in Q4 2025; recent uptick to 12.8% warrants confirmation.
⚠ Operating margin shows persistent volatility; Q1 2026 rebound follows margin compression across prior two quarters.
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Top Institutional Holders of RSG
BlackRock, Inc.
$3.7B16,879,247 shVANGUARD CAPITAL MANAGEMENT LLC
$2.9B13,058,206 shSTATE STREET CORP
$2.1B9,793,456 shCapital International Investors
$1.2B5,333,574 shMORGAN STANLEY
$1.1B5,035,178 shGEODE CAPITAL MANAGEMENT, LLC
$1.1B4,887,337 shFMR LLC
$1.0B4,650,944 shWELLINGTON MANAGEMENT GROUP LLP
$959.3M4,379,806 shVANGUARD PORTFOLIO MANAGEMENT LLC
$926.4M4,229,758 shPictet Asset Management Holding SA
$678.6M3,098,403 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $3.7B | 16,879,247 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.9B | 13,058,206 |
| STATE STREET CORP | $2.1B | 9,793,456 |
| Capital International Investors | $1.2B | 5,333,574 |
| MORGAN STANLEY | $1.1B | 5,035,178 |
| GEODE CAPITAL MANAGEMENT, LLC | $1.1B | 4,887,337 |
| FMR LLC | $1.0B | 4,650,944 |
| WELLINGTON MANAGEMENT GROUP LLP | $959.3M | 4,379,806 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $926.4M | 4,229,758 |
| Pictet Asset Management Holding SA | $678.6M | 3,098,403 |
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Is RSG a good stock to buy?
13F Pro's AI-powered analysis of REPUBLIC SERVICES, INC. (RSG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Utilities sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RSG are available on the RSG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own RSG?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RSG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of REPUBLIC SERVICES, INC.'s investment landscape.