Republic Services (RSG) Revenue — Quarter Ended Mar 31, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was substantial.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.6B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+20.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $3.4B | +21.4% |
| Sep 30, 2022 | $3.6B | +22.6% |
| Dec 31, 2022 | $3.5B | +19.5% |
| Mar 31, 2023 | $3.6B | +20.6% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory. The year-over-year comparison also showed a strong increase, reflecting sustained expansion.
Quarterly comparison
Compared to the prior quarter, revenue improved modestly. Relative to the same quarter one year earlier, revenue posted a much larger gain, indicating a significant acceleration over the longer term.
What to watch
The filing context does not provide specific risk or operational commentary for this quarter beyond standard disclosures.