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

Republic Services is the larger business by last-quarter revenue ($4.1B vs $3.7B, roughly 1.1× Viatris). On growth, Viatris posted the faster year-over-year revenue change (5.0% vs 2.2%). Viatris produced more free cash flow last quarter ($619.3M vs $404.0M). Over the past eight quarters, Republic Services's revenue compounded faster (3.5% CAGR vs 0.5%).

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.

Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020.

RSG vs VTRS — Head-to-Head

Bigger by revenue
RSG
RSG
1.1× larger
RSG
$4.1B
$3.7B
VTRS
Growing faster (revenue YoY)
VTRS
VTRS
+2.8% gap
VTRS
5.0%
2.2%
RSG
More free cash flow
VTRS
VTRS
$215.3M more FCF
VTRS
$619.3M
$404.0M
RSG
Faster 2-yr revenue CAGR
RSG
RSG
Annualised
RSG
3.5%
0.5%
VTRS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RSG
RSG
VTRS
VTRS
Revenue
$4.1B
$3.7B
Net Profit
$544.7M
Gross Margin
41.9%
31.1%
Operating Margin
19.4%
-5.2%
Net Margin
13.2%
Revenue YoY
2.2%
5.0%
Net Profit YoY
6.3%
EPS (diluted)
$1.76
$-0.34

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
RSG
RSG
VTRS
VTRS
Q4 25
$4.1B
$3.7B
Q3 25
$4.2B
$3.7B
Q2 25
$4.2B
$3.6B
Q1 25
$4.0B
$3.2B
Q4 24
$4.0B
$3.5B
Q3 24
$4.1B
$3.7B
Q2 24
$4.0B
$3.8B
Q1 24
$3.9B
$3.7B
Net Profit
RSG
RSG
VTRS
VTRS
Q4 25
$544.7M
Q3 25
$549.7M
Q2 25
$549.9M
Q1 25
$495.0M
Q4 24
$512.2M
Q3 24
$565.7M
Q2 24
$511.5M
Q1 24
$453.8M
Gross Margin
RSG
RSG
VTRS
VTRS
Q4 25
41.9%
31.1%
Q3 25
41.5%
36.6%
Q2 25
42.2%
37.3%
Q1 25
42.3%
35.8%
Q4 24
42.7%
34.6%
Q3 24
41.9%
39.0%
Q2 24
41.1%
38.2%
Q1 24
40.9%
41.2%
Operating Margin
RSG
RSG
VTRS
VTRS
Q4 25
19.4%
-5.2%
Q3 25
19.8%
4.8%
Q2 25
20.3%
6.5%
Q1 25
20.1%
-88.9%
Q4 24
19.9%
-5.1%
Q3 24
20.8%
6.0%
Q2 24
20.1%
-6.3%
Q1 24
19.0%
5.6%
Net Margin
RSG
RSG
VTRS
VTRS
Q4 25
13.2%
Q3 25
13.1%
Q2 25
13.0%
Q1 25
12.3%
Q4 24
12.7%
Q3 24
13.9%
Q2 24
12.6%
Q1 24
11.8%
EPS (diluted)
RSG
RSG
VTRS
VTRS
Q4 25
$1.76
$-0.34
Q3 25
$1.76
$-0.11
Q2 25
$1.75
$0.00
Q1 25
$1.58
$-2.55
Q4 24
$1.63
$-0.43
Q3 24
$1.80
$0.08
Q2 24
$1.62
$-0.27
Q1 24
$1.44
$0.09

Balance Sheet & Financial Strength

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

Metric
RSG
RSG
VTRS
VTRS
Cash + ST InvestmentsLiquidity on hand
$76.0M
$1.3B
Total DebtLower is stronger
$13.0B
Stockholders' EquityBook value
$12.0B
$14.7B
Total Assets
$34.4B
$37.2B
Debt / EquityLower = less leverage
1.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RSG
RSG
VTRS
VTRS
Q4 25
$76.0M
$1.3B
Q3 25
$84.0M
$975.3M
Q2 25
$122.0M
$566.4M
Q1 25
$83.0M
$755.0M
Q4 24
$74.0M
$734.8M
Q3 24
$83.4M
$1.9B
Q2 24
$490.6M
$917.2M
Q1 24
$91.6M
$1.0B
Total Debt
RSG
RSG
VTRS
VTRS
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 24
$11.4B
Stockholders' Equity
RSG
RSG
VTRS
VTRS
Q4 25
$12.0B
$14.7B
Q3 25
$11.9B
$15.2B
Q2 25
$12.1B
$15.6B
Q1 25
$11.7B
$15.7B
Q4 24
$11.4B
$18.6B
Q3 24
$11.2B
$19.8B
Q2 24
$11.0B
$19.5B
Q1 24
$10.8B
$20.0B
Total Assets
RSG
RSG
VTRS
VTRS
Q4 25
$34.4B
$37.2B
Q3 25
$33.8B
$37.9B
Q2 25
$33.4B
$38.4B
Q1 25
$33.1B
$38.5B
Q4 24
$32.4B
$41.5B
Q3 24
$31.8B
$44.8B
Q2 24
$31.9B
$45.3B
Q1 24
$31.4B
$47.3B
Debt / Equity
RSG
RSG
VTRS
VTRS
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×
Q1 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
RSG
RSG
VTRS
VTRS
Operating Cash FlowLast quarter
$981.0M
$815.8M
Free Cash FlowOCF − Capex
$404.0M
$619.3M
FCF MarginFCF / Revenue
9.8%
16.8%
Capex IntensityCapex / Revenue
14.0%
5.3%
Cash ConversionOCF / Net Profit
1.80×
TTM Free Cash FlowTrailing 4 quarters
$2.4B
$1.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RSG
RSG
VTRS
VTRS
Q4 25
$981.0M
$815.8M
Q3 25
$1.2B
$744.9M
Q2 25
$1.1B
$219.7M
Q1 25
$1.0B
$535.5M
Q4 24
$1.0B
$482.7M
Q3 24
$1.0B
$826.5M
Q2 24
$1.1B
$379.1M
Q1 24
$811.5M
$614.6M
Free Cash Flow
RSG
RSG
VTRS
VTRS
Q4 25
$404.0M
$619.3M
Q3 25
$737.0M
$658.1M
Q2 25
$702.0M
$166.8M
Q1 25
$566.0M
$492.9M
Q4 24
$524.4M
$342.3M
Q3 24
$563.6M
$749.5M
Q2 24
$696.0M
$320.3M
Q1 24
$297.0M
$564.8M
FCF Margin
RSG
RSG
VTRS
VTRS
Q4 25
9.8%
16.8%
Q3 25
17.5%
17.6%
Q2 25
16.6%
4.7%
Q1 25
14.1%
15.2%
Q4 24
13.0%
9.7%
Q3 24
13.8%
20.1%
Q2 24
17.2%
8.5%
Q1 24
7.7%
15.5%
Capex Intensity
RSG
RSG
VTRS
VTRS
Q4 25
14.0%
5.3%
Q3 25
10.5%
2.3%
Q2 25
9.6%
1.5%
Q1 25
11.4%
1.3%
Q4 24
12.3%
4.0%
Q3 24
10.8%
2.1%
Q2 24
10.0%
1.6%
Q1 24
13.3%
1.4%
Cash Conversion
RSG
RSG
VTRS
VTRS
Q4 25
1.80×
Q3 25
2.15×
Q2 25
2.02×
Q1 25
2.07×
Q4 24
2.00×
Q3 24
1.77×
Q2 24
2.15×
Q1 24
1.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

VTRS
VTRS

Brands$1.2B32%
Generics$1.1B29%
Lipitor$377.3M10%
Norvasc$175.2M5%
Other$136.6M4%
Lyrica$119.8M3%
Viagra$104.2M3%
Creon$98.9M3%
Epi Pen Auto Injectors$79.0M2%
Yupelri$70.6M2%
Effexor$68.1M2%
Zoloft$66.8M2%
Celebrex$66.2M2%
Xalabrands$42.0M1%
Dymista$38.6M1%

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