Republic Services (RSG) Revenue — Quarter Ended Jun 30, 2023
Revenue increased for the quarter, continuing the upward trajectory from the prior quarter. The growth rate moderated compared to the same quarter last year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased for the quarter, continuing the upward trajectory from the prior quarter. The growth rate moderated compared to the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+9.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.4B
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 |
|---|---|---|
| Sep 30, 2022 | $3.6B | +22.6% |
| Dec 31, 2022 | $3.5B | +19.5% |
| Mar 31, 2023 | $3.6B | +20.6% |
| Jun 30, 2023 | $3.7B | +9.1% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, marking a sequential improvement. The year-over-year comparison also showed an increase, though at a slower pace than in recent quarters.
Quarterly comparison
Compared to the prior quarter, revenue was higher, reflecting continued demand. Versus the same quarter one year earlier, revenue also increased, but the percentage gain was smaller than in the preceding four quarters.
What to watch
Monitor whether the deceleration in year-over-year growth persists in upcoming quarters.