• Republic Services average gross margin for 2023 was 39.53%, a 0.45% increase from 2022.
• Republic Services average gross margin for 2022 was 39.71%, a 1.93% decline from 2021.
• Republic Services average gross margin for 2021 was 40.49%, a 2.32% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.