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Side-by-side financial comparison of OLD REPUBLIC INTERNATIONAL CORP (ORI) 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 $2.4B, roughly 1.7× OLD REPUBLIC INTERNATIONAL CORP). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 13.2%, a 0.6% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs 2.2%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% CAGR vs 3.5%).
Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.
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.
ORI vs RSG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.4B | $4.1B |
| Net Profit | $330.0M | $544.7M |
| Gross Margin | — | 41.9% |
| Operating Margin | — | 19.4% |
| Net Margin | 13.8% | 13.2% |
| Revenue YoY | 6.7% | 2.2% |
| Net Profit YoY | 34.7% | 6.3% |
| EPS (diluted) | — | $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.
| Q1 26 | $2.4B | — | ||
| Q4 25 | $2.4B | $4.1B | ||
| Q3 25 | $2.4B | $4.2B | ||
| Q2 25 | $2.2B | $4.2B | ||
| Q1 25 | $2.1B | $4.0B | ||
| Q4 24 | $2.0B | $4.0B | ||
| Q3 24 | $2.3B | $4.1B | ||
| Q2 24 | $1.9B | $4.0B |
| Q1 26 | $330.0M | — | ||
| Q4 25 | $206.5M | $544.7M | ||
| Q3 25 | $279.5M | $549.7M | ||
| Q2 25 | $204.4M | $549.9M | ||
| Q1 25 | $245.0M | $495.0M | ||
| Q4 24 | $105.3M | $512.2M | ||
| Q3 24 | $338.9M | $565.7M | ||
| Q2 24 | $91.8M | $511.5M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 19.4% | ||
| Q3 25 | 14.6% | 19.8% | ||
| Q2 25 | 11.8% | 20.3% | ||
| Q1 25 | 14.6% | 20.1% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | 18.2% | 20.8% | ||
| Q2 24 | 6.1% | 20.1% |
| Q1 26 | 13.8% | — | ||
| Q4 25 | 8.6% | 13.2% | ||
| Q3 25 | 11.5% | 13.1% | ||
| Q2 25 | 9.3% | 13.0% | ||
| Q1 25 | 11.6% | 12.3% | ||
| Q4 24 | 5.3% | 12.7% | ||
| Q3 24 | 14.5% | 13.9% | ||
| Q2 24 | 4.9% | 12.6% |
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $1.76 | ||
| Q3 25 | $1.11 | $1.76 | ||
| Q2 25 | $0.81 | $1.75 | ||
| Q1 25 | $0.98 | $1.58 | ||
| Q4 24 | $0.42 | $1.63 | ||
| Q3 24 | $1.32 | $1.80 | ||
| Q2 24 | $0.35 | $1.62 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $76.0M |
| Total DebtLower is stronger | — | $13.0B |
| Stockholders' EquityBook value | $5.9M | $12.0B |
| Total Assets | $29.6M | $34.4B |
| Debt / EquityLower = less leverage | — | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $76.0M | ||
| Q3 25 | — | $84.0M | ||
| Q2 25 | — | $122.0M | ||
| Q1 25 | — | $83.0M | ||
| Q4 24 | — | $74.0M | ||
| Q3 24 | — | $83.4M | ||
| Q2 24 | — | $490.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $13.0B | ||
| Q3 25 | — | $12.4B | ||
| Q2 25 | — | $12.5B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | — | $11.9B | ||
| Q3 24 | — | $12.0B | ||
| Q2 24 | — | $11.5B |
| Q1 26 | $5.9M | — | ||
| Q4 25 | $5.9B | $12.0B | ||
| Q3 25 | $6.4B | $11.9B | ||
| Q2 25 | $6.2B | $12.1B | ||
| Q1 25 | $5.9B | $11.7B | ||
| Q4 24 | $5.6B | $11.4B | ||
| Q3 24 | $6.4B | $11.2B | ||
| Q2 24 | $6.0B | $11.0B |
| Q1 26 | $29.6M | — | ||
| Q4 25 | $29.9B | $34.4B | ||
| Q3 25 | $30.3B | $33.8B | ||
| Q2 25 | $29.3B | $33.4B | ||
| Q1 25 | $28.0B | $33.1B | ||
| Q4 24 | $27.8B | $32.4B | ||
| Q3 24 | $28.8B | $31.8B | ||
| Q2 24 | $27.5B | $31.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.08× | ||
| Q3 25 | — | 1.04× | ||
| Q2 25 | — | 1.04× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 1.07× | ||
| Q2 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $981.0M |
| Free Cash FlowOCF − Capex | — | $404.0M |
| FCF MarginFCF / Revenue | — | 9.8% |
| Capex IntensityCapex / Revenue | — | 14.0% |
| Cash ConversionOCF / Net Profit | — | 1.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $2.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $234.9M | $981.0M | ||
| Q3 25 | $563.9M | $1.2B | ||
| Q2 25 | $133.8M | $1.1B | ||
| Q1 25 | $231.7M | $1.0B | ||
| Q4 24 | $361.7M | $1.0B | ||
| Q3 24 | $474.8M | $1.0B | ||
| Q2 24 | $236.5M | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | $404.0M | ||
| Q3 25 | — | $737.0M | ||
| Q2 25 | — | $702.0M | ||
| Q1 25 | — | $566.0M | ||
| Q4 24 | — | $524.4M | ||
| Q3 24 | — | $563.6M | ||
| Q2 24 | — | $696.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 16.6% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 17.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 10.5% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 10.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.14× | 1.80× | ||
| Q3 25 | 2.02× | 2.15× | ||
| Q2 25 | 0.65× | 2.02× | ||
| Q1 25 | 0.95× | 2.07× | ||
| Q4 24 | 3.43× | 2.00× | ||
| Q3 24 | 1.40× | 1.77× | ||
| Q2 24 | 2.58× | 2.15× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ORI
| operating | $2.2B | 92% |
| Other | $201.8M | 8% |
RSG
| Other | $1.1B | 26% |
| Landfill Service Line | $780.0M | 19% |
| Collection Service Line Residential | $761.0M | 18% |
| Transfer Service Line | $458.0M | 11% |
| Environmental Solutions Service Line | $435.0M | 11% |
| Group3Segment | $423.0M | 10% |
| Other Service Line Sale Of Recycled Commodities | $104.0M | 3% |
| Other Service Line Other Noncore | $94.0M | 2% |
| Collection Service Line Other | $18.0M | 0% |
