CluenexRepublic Services RSG
Republic Services scores average on business quality (5.2 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Republic Services does
Republic Services collects, recycles, and disposes of solid waste for commercial and residential customers, generating steady recurring revenue through long-term collection contracts and landfill fees. The company is expanding its sustainability initiatives and recycling infrastructure to capture growing demand for environmental services.
- What it does best
Republic Services operates a massive network of exclusive landfills and collection routes that create high barriers to local entry. Its operating margin sits at 20.0%, outperforming Waste Management's 18.6% and anchoring its pricing power.
- The main risk
Labor disputes threaten local collection operations, as seen with contracts expiring for nearly 4,000 sanitation workers in Southern California. Failed agreements risk disrupting service routes and driving up wage costs.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins at 20.0% and free cash flow margins supporting $2.6B in cash generation reflect a stable business model where dense collection routes improve efficiency as scale increases.
Municipal permits and landfill ownership lock in regional waste generators, backed by an operating margin ranking in the top quartile of its sector at the 76th percentile.
Revenue grew to $16.9B with a growth rate of 3.5%, displaying modest, steady expansion that sits right in the middle of the pack relative to its broader sector.
Debt-to-equity of 1.1x and interest coverage of 5.7x mean obligations are manageable, while free cash flow reached $2.6B, showing steady cash generation that is getting stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on RSG
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Republic Services scores average on the Cluenex quality check (5.2 of 10), measured against its own industry. Profitability is fair, moat fair, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 29, 2026, after the close.
See RSG today
- Today's verdict on RSG, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Republic Services (RSG)”, https://cluenex.com/stocks/rsg/, data as of Oct 10, 2026.