Republic Services (RSG)

NYSE Industrials Environmental & Facilities Services S&P 500

$246.85

-2.57 (-1.03%)

Close of Nov 06, 2026 · end-of-day data

Source: Republic Services's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$9.39B	$10.04B	$10.04B	$10.30B	$10.15B	$11.29B	$13.51B	$14.96B	$16.03B	$16.59B
Cost of revenue	$5.76B	$6.21B	$6.15B	$6.30B	$6.10B	$6.74B	$8.21B	$8.94B	$9.35B	$9.63B
Gross profit	$3.62B	$3.83B	$3.89B	$4.00B	$4.05B	$4.56B	$5.31B	$6.02B	$6.68B	$6.96B
Selling, general & admin	$969.80M	$1.06B	$1.06B	$1.09B	$1.05B	$1.20B	$1.45B	$1.61B	$1.67B	$1.71B
Operating income	$1.54B	$1.67B	$1.74B	$1.79B	$1.71B	$2.08B	$2.39B	$2.78B	$3.20B	$3.30B
Interest expense	$371.30M	$361.90M	$383.80M	$392.00M	$355.60M	$314.60M	$395.60M	$508.20M	$539.00M	$574.00M
Pre-tax income	$965.90M	$1.28B	$1.32B	$1.30B	$1.14B	$1.58B	$1.83B	$2.19B	$2.43B	$2.59B
Income tax	$352.70M	$3.10M	$283.30M	$222.00M	$173.10M	$282.80M	$344.00M	$460.00M	$388.00M	$455.00M
Net income	$612.59M	$1.28B	$1.04B	$1.07B	$967.24M	$1.29B	$1.49B	$1.73B	$2.04B	$2.14B
EBITDA	$2.53B	$2.70B	$2.77B	$2.83B	$2.79B	$3.26B	$3.74B	$4.28B	$4.87B	$5.12B
EPS (basic)	$1.79	$3.79	$3.17	$3.34	$3.03	$4.05	$4.70	$5.47	$6.50	$6.86
EPS (diluted)	$1.78	$3.77	$3.16	$3.33	$3.02	$4.04	$4.69	$5.47	$6.49	$6.85
Diluted shares	344.39M	338.98M	328.38M	321.99M	319.84M	319.43M	317.08M	316.67M	314.81M	312.17M
Gross margin	38.6%	38.1%	38.8%	38.8%	39.9%	40.3%	39.3%	40.2%	41.7%	42.0%
Operating margin	16.4%	16.6%	17.3%	17.4%	16.8%	18.4%	17.7%	18.6%	19.9%	19.9%
Net margin	6.5%	12.7%	10.3%	10.4%	9.5%	11.4%	11.0%	11.6%	12.7%	12.9%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$67.80M	$83.30M	$70.50M	$47.10M	$38.20M	$29.00M	$143.00M	$140.00M	$74.00M	$76.00M
Receivables	$994.80M	$1.11B	$1.10B	$1.13B	$1.09B	$1.27B	$1.68B	$1.77B	$1.82B	$1.90B
Inventory	$44.00M	$51.20M	$53.10M	$56.80M	$59.10M	$72.20M	$96.60M	$98.00M	$98.00M	$106.00M
Total current assets	$1.28B	$1.44B	$1.56B	$1.61B	$1.52B	$1.71B	$2.36B	$2.38B	$2.41B	$2.52B
Goodwill	$11.16B	$11.32B	$11.40B	$11.63B	$12.05B	$12.83B	$14.45B	$15.83B	$15.98B	$16.71B
Total assets	$20.63B	$21.15B	$21.62B	$22.68B	$23.43B	$24.95B	$29.05B	$31.41B	$32.40B	$34.37B
Total current liabilities	$1.81B	$2.63B	$2.72B	$3.06B	$2.28B	$2.42B	$3.39B	$4.23B	$4.13B	$3.93B
Short-term debt	$5.80M	$706.70M	$690.70M	$929.90M	$168.10M	$8.20M	$456.00M	$932.00M	$862.00M	$596.00M
Long-term debt	$7.66B	$8.19B	$8.45B	$8.79B	$9.05B	$9.68B	$11.90B	$12.82B	$12.84B	$13.71B
Total debt	$7.66B	$8.89B	$9.14B	$9.72B	$9.22B	$9.69B	$12.36B	$13.75B	$13.70B	$14.31B
Total liabilities	$12.94B	$13.19B	$13.69B	$14.57B	$14.95B	$15.98B	$19.37B	$20.87B	$21.00B	$22.40B
Shareholders' equity	$7.69B	$7.96B	$7.93B	$8.12B	$8.48B	$8.98B	$9.69B	$10.54B	$11.40B	$11.97B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$1.85B	$1.91B	$2.24B	$2.35B	$2.47B	$2.79B	$3.19B	$3.62B	$3.94B	$4.30B
Capital expenditures	$927.80M	$989.80M	$1.07B	$1.21B	$1.19B	$1.32B	$1.45B	$1.63B	$1.85B	$1.89B
Free cash flow	$920.00M	$920.90M	$1.17B	$1.15B	$1.28B	$1.47B	$1.74B	$1.99B	$2.08B	$2.41B
Investing cash flow	-$964.50M	-$1.33B	-$1.23B	-$1.72B	-$1.92B	-$2.47B	-$4.42B	-$3.67B	-$2.56B	-$3.31B
Financing cash flow	-$856.80M	-$514.40M	-$1.06B	-$589.00M	-$612.00M	-$329.20M	$1.34B	$62.00M	-$1.40B	-$938.00M
Dividends paid	$418.90M	$440.50M	$461.80M	$491.20M	$522.50M	$552.60M	$593.00M	$638.00M	$687.00M	$738.00M
Share buybacks	$403.80M	$610.70M	$736.90M	$399.40M	$98.80M	$252.20M	$203.00M	$262.00M	$482.00M	$870.00M
Stock-based compensation	$23.20M	$34.60M	$39.00M	$39.50M	$37.30M	$57.00M	$39.00M	$41.00M	$42.00M	—
Depreciation & amortization	$991.10M	$1.04B	$1.03B	$1.04B	$1.08B	$1.19B	$1.35B	$1.50B	$1.68B	$1.81B

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$3.83B	$3.86B	$4.05B	$4.08B	$4.05B	$4.01B	$4.24B	$4.21B	$4.13B	$4.11B	$4.43B	$4.56B
Cost of revenue	$2.27B	$2.28B	$2.38B	$2.37B	$2.32B	$2.31B	$2.45B	$2.46B	$2.40B	$2.37B	$2.56B	$2.66B
Gross profit	$1.57B	$1.58B	$1.67B	$1.71B	$1.73B	$1.70B	$1.79B	$1.75B	$1.73B	$1.75B	$1.87B	$1.90B
Selling, general & admin	$431.70M	$414.00M	$407.00M	$406.00M	$447.00M	$427.00M	$425.00M	$422.00M	$436.00M	$425.00M	$444.00M	$447.00M
Operating income	$700.80M	$733.00M	$814.00M	$846.00M	$803.00M	$804.00M	$861.00M	$836.00M	$800.00M	$830.00M	$901.00M	$921.00M
Interest expense	$129.40M	$139.30M	$128.00M	$138.00M	$133.00M	$140.00M	$145.00M	$143.00M	$146.00M	$151.00M	$151.00M	$157.00M
Pre-tax income	$482.40M	$599.00M	$654.00M	$647.00M	$533.00M	$665.00M	$720.00M	$645.00M	$564.00M	$656.00M	$699.00M	$719.00M
Income tax	$43.10M	$145.00M	$142.00M	$81.00M	$20.00M	$170.00M	$170.00M	$95.00M	$20.00M	$131.00M	$133.00M	$126.00M
Net income	$439.57M	$453.79M	$511.54M	$565.67M	$512.17M	$495.00M	$549.90M	$549.67M	$544.68M	$525.26M	$566.08M	$591.56M
EBITDA	$1.10B	$1.13B	$1.23B	$1.27B	$1.25B	$1.24B	$1.32B	$1.29B	$1.26B	$1.29B	$1.39B	$1.42B
EPS (basic)	$1.39	$1.44	$1.62	$1.80	$1.64	$1.58	$1.76	$1.76	$1.76	$1.70	$1.84	$1.93
EPS (diluted)	$1.40	$1.44	$1.62	$1.80	$1.63	$1.58	$1.75	$1.76	$1.75	$1.70	$1.84	$1.93
Diluted shares	-338.00K	315.69M	315.24M	314.37M	-340.00K	313.28M	313.37M	312.01M	-716.00K	309.27M	307.63M	306.48M
Gross margin	40.9%	40.9%	41.1%	41.9%	42.7%	42.3%	42.2%	41.5%	41.9%	42.5%	42.1%	41.6%
Operating margin	18.3%	19.0%	20.1%	20.8%	19.8%	20.1%	20.3%	19.8%	19.3%	20.2%	20.3%	20.2%
Net margin	11.5%	11.8%	12.6%	13.9%	12.7%	12.3%	13.0%	13.1%	13.2%	12.8%	12.8%	13.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$140.00M	$92.00M	$491.00M	$83.00M	$74.00M	$83.00M	$122.00M	$84.00M	$76.00M	$118.00M	$107.00M	$92.00M
Receivables	$1.77B	$1.76B	$1.82B	$1.85B	$1.82B	$1.85B	$1.88B	$1.90B	$1.90B	$1.92B	$2.03B	$2.13B
Inventory	$98.00M	$101.40M	$99.90M	$97.70M	$98.00M	$102.00M	$104.00M	$103.00M	$106.00M	$114.00M	$115.00M	$122.00M
Total current assets	$2.38B	$2.27B	$2.66B	$2.35B	$2.41B	$2.32B	$2.42B	$2.48B	$2.52B	$2.51B	$2.56B	$2.68B
Goodwill	$15.83B	$15.85B	$15.86B	$15.88B	$15.98B	$16.59B	$16.63B	$16.70B	$16.71B	$16.93B	$17.19B	$17.33B
Total assets	$31.41B	$31.38B	$31.93B	$31.81B	$32.40B	$33.10B	$33.40B	$33.79B	$34.37B	$34.60B	$35.16B	$35.51B
Total current liabilities	$4.23B	$4.33B	$4.53B	$3.64B	$4.13B	$3.49B	$3.65B	$4.26B	$3.93B	$3.74B	$3.98B	$3.58B
Short-term debt	$932.00M	$1.43B	$1.43B	$513.00M	$862.00M	$421.00M	$421.00M	$921.00M	$596.00M	$547.00M	$548.00M	$48.00M
Long-term debt	$12.82B	$11.40B	$11.53B	$12.05B	$12.84B	$12.86B	$12.55B	$12.35B	$13.71B	$13.32B	$13.52B	$14.01B
Total debt	$13.75B	$12.83B	$12.96B	$12.56B	$13.70B	$13.28B	$12.97B	$13.27B	$14.31B	$13.86B	$14.07B	$14.05B
Total liabilities	$20.87B	$20.56B	$20.93B	$20.59B	$21.00B	$21.44B	$21.35B	$21.92B	$22.40B	$22.62B	$23.13B	$23.27B
Shareholders' equity	$10.54B	$10.82B	$11.01B	$11.23B	$11.40B	$11.66B	$12.05B	$11.87B	$11.97B	$11.98B	$12.03B	$12.24B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$898.70M	$811.00M	$1.10B	$1.00B	$1.02B	$1.02B	$1.11B	$1.18B	$981.00M	$1.23B	$1.15B	$1.14B
Capital expenditures	$547.80M	$515.00M	$403.00M	$439.00M	$498.00M	$459.00M	$407.00M	$444.00M	$577.00M	$476.00M	$392.00M	$495.00M
Free cash flow	$350.90M	$296.00M	$697.00M	$564.00M	$524.00M	$566.00M	$702.00M	$737.00M	$404.00M	$751.00M	$761.00M	$644.00M
Investing cash flow	-$1.57B	-$679.00M	-$434.00M	-$636.00M	-$812.00M	-$1.29B	-$527.00M	-$756.00M	-$742.00M	-$910.00M	-$817.00M	-$746.00M
Financing cash flow	$641.20M	-$201.00M	-$234.00M	-$753.00M	-$210.00M	$284.00M	-$544.00M	-$463.00M	-$215.00M	-$238.00M	-$357.00M	-$411.00M
Dividends paid	$168.50M	$168.00M	$169.00M	$168.00M	$182.00M	$181.00M	$181.00M	$182.00M	$194.00M	$193.00M	$192.00M	$192.00M
Share buybacks	$71.60M	$0	$168.00M	$153.00M	$161.00M	$55.00M	$4.00M	$540.00M	$271.00M	$292.00M	$367.00M	$197.00M
Stock-based compensation	$9.30M	$11.00M	$11.00M	$9.00M	$11.00M	$13.00M	$10.00M	$10.00M	—	—	—	—
Depreciation & amortization	$401.60M	$399.00M	$413.00M	$422.00M	$443.00M	$434.00M	$463.00M	$459.00M	$458.00M	$461.00M	$488.00M	$494.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.