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Side-by-side financial comparison of Alcoa Corp (AA) and Republic Services (RSG). Click either name above to swap in a different company.

Republic Services is the larger business by last-quarter revenue ($4.1B vs $3.4B, roughly 1.2× Alcoa Corp). Republic Services runs the higher net margin — 13.2% vs 6.2%, a 7.0% gap on every dollar of revenue. On growth, Republic Services posted the faster year-over-year revenue change (2.2% vs -1.1%). Republic Services produced more free cash flow last quarter ($404.0M vs $294.0M). Over the past eight quarters, Alcoa Corp's revenue compounded faster (15.2% CAGR vs 3.5%).

Alcoa Corporation is an American industrial corporation that produces aluminum. According to industry rankings, it is among the largest producers globally. The company operates in 10 countries and is involved in mining, refining, smelting, fabricating, and recycling aluminum products.

Republic Services, Inc. is a North American waste disposal company whose services include non-hazardous solid waste collection, waste transfer, waste disposal, recycling, and energy services. It is the second largest provider of waste disposal in the United States after Waste Management. Its operations primarily consist of providing collection, transfer, and disposal of non-hazardous solid waste, recovering and recycling of certain materials, and energy services. The company is 35.

AA vs RSG — Head-to-Head

Bigger by revenue
RSG
RSG
1.2× larger
RSG
$4.1B
$3.4B
AA
Growing faster (revenue YoY)
RSG
RSG
+3.3% gap
RSG
2.2%
-1.1%
AA
Higher net margin
RSG
RSG
7.0% more per $
RSG
13.2%
6.2%
AA
More free cash flow
RSG
RSG
$110.0M more FCF
RSG
$404.0M
$294.0M
AA
Faster 2-yr revenue CAGR
AA
AA
Annualised
AA
15.2%
3.5%
RSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AA
AA
RSG
RSG
Revenue
$3.4B
$4.1B
Net Profit
$213.0M
$544.7M
Gross Margin
41.9%
Operating Margin
2.0%
19.4%
Net Margin
6.2%
13.2%
Revenue YoY
-1.1%
2.2%
Net Profit YoY
5.4%
6.3%
EPS (diluted)
$0.80
$1.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AA
AA
RSG
RSG
Q4 25
$3.4B
$4.1B
Q3 25
$3.0B
$4.2B
Q2 25
$3.0B
$4.2B
Q1 25
$3.4B
$4.0B
Q4 24
$3.5B
$4.0B
Q3 24
$2.9B
$4.1B
Q2 24
$2.9B
$4.0B
Q1 24
$2.6B
$3.9B
Net Profit
AA
AA
RSG
RSG
Q4 25
$213.0M
$544.7M
Q3 25
$232.0M
$549.7M
Q2 25
$164.0M
$549.9M
Q1 25
$548.0M
$495.0M
Q4 24
$202.0M
$512.2M
Q3 24
$90.0M
$565.7M
Q2 24
$20.0M
$511.5M
Q1 24
$-252.0M
$453.8M
Gross Margin
AA
AA
RSG
RSG
Q4 25
41.9%
Q3 25
41.5%
Q2 25
42.2%
Q1 25
42.3%
Q4 24
42.7%
Q3 24
41.9%
Q2 24
41.1%
Q1 24
40.9%
Operating Margin
AA
AA
RSG
RSG
Q4 25
2.0%
19.4%
Q3 25
5.6%
19.8%
Q2 25
5.3%
20.3%
Q1 25
19.8%
20.1%
Q4 24
9.7%
19.9%
Q3 24
6.3%
20.8%
Q2 24
3.2%
20.1%
Q1 24
-12.5%
19.0%
Net Margin
AA
AA
RSG
RSG
Q4 25
6.2%
13.2%
Q3 25
7.7%
13.1%
Q2 25
5.4%
13.0%
Q1 25
16.3%
12.3%
Q4 24
5.8%
12.7%
Q3 24
3.1%
13.9%
Q2 24
0.7%
12.6%
Q1 24
-9.7%
11.8%
EPS (diluted)
AA
AA
RSG
RSG
Q4 25
$0.80
$1.76
Q3 25
$0.88
$1.76
Q2 25
$0.62
$1.75
Q1 25
$2.07
$1.58
Q4 24
$1.18
$1.63
Q3 24
$0.38
$1.80
Q2 24
$0.11
$1.62
Q1 24
$-1.41
$1.44

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AA
AA
RSG
RSG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$76.0M
Total DebtLower is stronger
$2.4B
$13.0B
Stockholders' EquityBook value
$6.1B
$12.0B
Total Assets
$16.1B
$34.4B
Debt / EquityLower = less leverage
0.40×
1.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AA
AA
RSG
RSG
Q4 25
$1.6B
$76.0M
Q3 25
$1.5B
$84.0M
Q2 25
$1.5B
$122.0M
Q1 25
$1.2B
$83.0M
Q4 24
$1.1B
$74.0M
Q3 24
$1.3B
$83.4M
Q2 24
$1.4B
$490.6M
Q1 24
$1.4B
$91.6M
Total Debt
AA
AA
RSG
RSG
Q4 25
$2.4B
$13.0B
Q3 25
$2.6B
$12.4B
Q2 25
$2.6B
$12.5B
Q1 25
$2.6B
$12.9B
Q4 24
$2.5B
$11.9B
Q3 24
$2.5B
$12.0B
Q2 24
$2.5B
$11.5B
Q1 24
$2.5B
$11.4B
Stockholders' Equity
AA
AA
RSG
RSG
Q4 25
$6.1B
$12.0B
Q3 25
$6.3B
$11.9B
Q2 25
$6.1B
$12.1B
Q1 25
$5.8B
$11.7B
Q4 24
$5.2B
$11.4B
Q3 24
$5.3B
$11.2B
Q2 24
$3.9B
$11.0B
Q1 24
$4.0B
$10.8B
Total Assets
AA
AA
RSG
RSG
Q4 25
$16.1B
$34.4B
Q3 25
$16.0B
$33.8B
Q2 25
$15.0B
$33.4B
Q1 25
$14.6B
$33.1B
Q4 24
$14.1B
$32.4B
Q3 24
$14.5B
$31.8B
Q2 24
$14.3B
$31.9B
Q1 24
$14.3B
$31.4B
Debt / Equity
AA
AA
RSG
RSG
Q4 25
0.40×
1.08×
Q3 25
0.41×
1.04×
Q2 25
0.42×
1.04×
Q1 25
0.44×
1.10×
Q4 24
0.48×
1.04×
Q3 24
0.47×
1.07×
Q2 24
0.63×
1.05×
Q1 24
0.62×
1.05×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AA
AA
RSG
RSG
Operating Cash FlowLast quarter
$537.0M
$981.0M
Free Cash FlowOCF − Capex
$294.0M
$404.0M
FCF MarginFCF / Revenue
8.5%
9.8%
Capex IntensityCapex / Revenue
7.0%
14.0%
Cash ConversionOCF / Net Profit
2.52×
1.80×
TTM Free Cash FlowTrailing 4 quarters
$567.0M
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AA
AA
RSG
RSG
Q4 25
$537.0M
$981.0M
Q3 25
$85.0M
$1.2B
Q2 25
$488.0M
$1.1B
Q1 25
$75.0M
$1.0B
Q4 24
$415.0M
$1.0B
Q3 24
$143.0M
$1.0B
Q2 24
$287.0M
$1.1B
Q1 24
$-223.0M
$811.5M
Free Cash Flow
AA
AA
RSG
RSG
Q4 25
$294.0M
$404.0M
Q3 25
$-66.0M
$737.0M
Q2 25
$357.0M
$702.0M
Q1 25
$-18.0M
$566.0M
Q4 24
$246.0M
$524.4M
Q3 24
$-3.0M
$563.6M
Q2 24
$123.0M
$696.0M
Q1 24
$-324.0M
$297.0M
FCF Margin
AA
AA
RSG
RSG
Q4 25
8.5%
9.8%
Q3 25
-2.2%
17.5%
Q2 25
11.8%
16.6%
Q1 25
-0.5%
14.1%
Q4 24
7.1%
13.0%
Q3 24
-0.1%
13.8%
Q2 24
4.2%
17.2%
Q1 24
-12.5%
7.7%
Capex Intensity
AA
AA
RSG
RSG
Q4 25
7.0%
14.0%
Q3 25
5.0%
10.5%
Q2 25
4.3%
9.6%
Q1 25
2.8%
11.4%
Q4 24
4.8%
12.3%
Q3 24
5.0%
10.8%
Q2 24
5.6%
10.0%
Q1 24
3.9%
13.3%
Cash Conversion
AA
AA
RSG
RSG
Q4 25
2.52×
1.80×
Q3 25
0.37×
2.15×
Q2 25
2.98×
2.02×
Q1 25
0.14×
2.07×
Q4 24
2.05×
2.00×
Q3 24
1.59×
1.77×
Q2 24
14.35×
2.15×
Q1 24
1.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AA
AA

Aluminum$2.5B72%
Third Party Sales$979.0M28%

RSG
RSG

Other$1.1B26%
Landfill Service Line$780.0M19%
Collection Service Line Residential$761.0M18%
Transfer Service Line$458.0M11%
Environmental Solutions Service Line$435.0M11%
Group3Segment$423.0M10%
Other Service Line Sale Of Recycled Commodities$104.0M3%
Other Service Line Other Noncore$94.0M2%
Collection Service Line Other$18.0M0%

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