Republic Services (RSG) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was moderate, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was moderate, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
+2.7%
Change from the immediately preceding quarter.
Year-over-year
+6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Dec 31, 2022 | $3.5B | +19.5% |
| Mar 31, 2023 | $3.6B | +20.6% |
| Jun 30, 2023 | $3.7B | +9.1% |
| Sep 30, 2023 | $3.8B | +6.3% |
Revenue performance
The reported revenue for the quarter was higher than the preceding quarter, continuing an upward trend observed over recent periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose at a slower pace. Relative to the same quarter one year earlier, the increase was larger, reflecting stronger year-over-year performance.
What to watch
Monitor whether the sequential growth rate continues to moderate in upcoming quarters.