Republic Services, Inc. (RSG)

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors. The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers. The company was incorporated in 1996 and is based in Phoenix, Arizona.

Symbol: RSG
Exchange: NYSE
Sector: Industrials
Industry: Waste Management
Market cap: $64.44B
52 week range: 196.41 - 233.42

Valuation

Share price: $209.56 (close of 2026-10-02)
P/E (TTM): 29.68x
Price to book: 5.36x
Price to free cash flow: 24.29x
Enterprise value: $78.63B
Book value per share: $39.13

Price performance

Period	Change
1 day	+1.25%
5 days	-1.20%
1 month	-5.82%
3 months	-3.58%
6 months	-6.11%
Year to date	-1.12%
1 year	-5.85%
3 years	+48.46%
5 years	+73.58%
10 years	+315.38%
All time	+1132.71%

Members of Congress who disclosed RSG trades

Julie Johnson · Val Hoyle · Adam Smith · Alan Armstrong · George Whitesides

Super investors holding RSG

Ken Griffin (Citadel)

Profitability and growth

Return on equity: 17.87%
Return on invested capital: 11.08%
Return on assets: 6.22%
Return on capital employed: 10.85%
Gross margin: 41.96%
Net margin: 12.89%
EBITDA margin: 30.84%
Revenue growth: 3.49%
Net income growth: 4.70%
Free cash flow growth: 15.76%

Cash flow and balance sheet

Free cash flow yield (TTM): 4.12%
Current ratio: 0.64x
Net debt to EBITDA: 2.76x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $16.59B
Cost of revenue: $9.63B
Gross profit: $6.96B
EBITDA: $5.12B
Net income: $2.14B
Earnings per share: $6.86
Shares outstanding: 311.88M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$16.59B	$6.96B	$2.14B	$6.86
2024-12-31	$16.03B	$6.68B	$2.04B	$6.50
2023-12-31	$14.96B	$6.02B	$1.73B	$5.47
2022-12-31	$13.51B	$5.31B	$1.49B	$4.70
2021-12-31	$11.29B	$4.56B	$1.29B	$4.05
2020-12-31	$10.15B	$4.05B	$967.24M	$3.03
2019-12-31	$10.30B	$4.00B	$1.07B	$3.34
2018-12-31	$10.04B	$3.89B	$1.04B	$3.17
2017-12-31	$10.04B	$3.83B	$1.28B	$3.79
2016-12-31	$9.39B	$3.62B	$612.59M	$1.79

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	41.96%	12.89%	17.87%	11.08%
2024-12-31	41.68%	12.74%	17.91%	11.56%
2023-12-31	40.24%	11.57%	16.42%	9.88%
2022-12-31	39.27%	11.01%	15.36%	9.47%
2021-12-31	40.35%	11.42%	14.37%	9.36%
2020-12-31	39.92%	9.53%	11.39%	8.56%
2019-12-31	38.85%	10.42%	13.22%	9.08%
2018-12-31	38.75%	10.33%	13.08%	8.91%
2017-12-31	38.11%	12.73%	16.06%	20.80%
2016-12-31	38.60%	6.53%	7.96%	15.12%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$76.00M	$13.71B
2024-12-31	$74.00M	$12.84B
2023-12-31	$140.00M	$12.82B
2022-12-31	$143.00M	$11.90B
2021-12-31	$29.00M	$9.68B
2020-12-31	$38.20M	$9.05B
2019-12-31	$47.10M	$8.79B
2018-12-31	$70.50M	$8.45B
2017-12-31	$83.30M	$130.00M
2016-12-31	$67.80M	$210.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$2.41B	-
2024-12-31	$2.08B	$42.00M
2023-12-31	$1.99B	$41.00M
2022-12-31	$1.74B	$39.00M
2021-12-31	$1.47B	$57.00M
2020-12-31	$1.28B	$37.30M
2019-12-31	$1.15B	$39.50M
2018-12-31	$1.17B	$39.00M
2017-12-31	$920.90M	$34.60M
2016-12-31	$920.00M	$23.20M

Dividend history

Most recent payment: 2026-10-02
Paid in the last twelve months: $2.54

Payment date	Dividend per share
2026-10-02	$0.67
2026-07-02	$0.63
2026-04-02	$0.63
2026-01-02	$0.63
2025-10-02	$0.63
2025-07-02	$0.58
2025-04-02	$0.58
2025-01-02	$0.58

Investor relations

Next earnings report

Next confirmed report: 2026-10-29
Consensus EPS estimate: $1.91

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-08-06	Jun/2026	$1.81
2026-05-07	Mar/2026	$1.64
2026-02-17	Dec/2025	$1.62
2025-10-30	Sep/2025	$1.77
2025-07-29	Jun/2025	$1.75
2025-04-24	Mar/2025	$1.52
2025-02-13	Dec/2024	$1.37
2024-10-29	Sep/2024	$1.62

Filings and sources

Company website: republicservices.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

Similar companies

Waste Connections, Inc. (WCN) · Waste Management Inc (WM) · Clean Harbors Inc (CLH) · Schneider National, Inc. (SNDR) · Old Dominion Freight Line, Inc. (ODFL) · Toro Co (TTC) · Stanley Black & Decker, Inc. (SWK) · RBC Bearings Inc (RBC)

All Industrials companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades