RSG

Republic Services
D

RSG

Arincen80/100B

If you had invested in Republic Services ago, it would be worth $5,524 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

80/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Republic Services key facts

Style
Blend stock · 4.7/10Growth 4.7 · Value 4.6 · Dividend 4.1
Day range
253.260 – 255.180
52-week range
196.410 – 255.180
Market capitalization
77.51B USD
P/E
35.19
PEG ratio
4.33
EPS
7.23
Div Yield
1.05%
EPS growth forecast (FY2026)
+3.7%
Volume
7,259
Beta
0.40
ESG score
57.1/100Environment 50 · Social 51 · Governance 71
Sector
Industrials
Industry
Waste Management
CEO
Jon Vander Ark
Employees
42K
IPO date
1 Jul 1998

Republic Services earnings

Next earnings · Q4 FY2026
EPS estimate
1.76 USD
Revenue estimate
4.37B USD
Last quarter · Q3 FY2026
EPS1.94Beat +0.5%Revenue4.56BBeat +3.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20282.32———4.91B———
Q2 FY20282.24———4.87B———
Q1 FY20282.00———4.57B———
Q4 FY20261.76——0.00%4.37B——+5.75%
Q3 FY20261.931.94+0.52%+2.11%4.42B4.56B+3.16%+8.24%
Q2 FY20261.811.85+2.21%+4.52%4.36B4.43B+1.53%+4.60%
Q1 FY20261.641.70+3.66%+7.59%4.10B4.11B+0.39%+2.59%
Q4 FY20251.621.76+8.64%+11.39%4.21B4.14B-1.72%+2.22%
Q3 FY20251.831.90+3.83%+4.97%4.24B4.21B-0.62%+3.33%
Q2 FY20251.771.770.00%+9.94%4.26B4.24B-0.48%+4.62%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Republic Services analyst forecast

12-month price target
244.25 USD
-4.00%

Analysts' 1-year price targets range from 219.00 to 275.00, with an average of 244.25.

Past year
1-year forecast
Strong sellStrong buy
Buy
15 ratings
Buy
9
Hold
6
Sell
0

12-month price target

Highest target275.00
Average target244.25
Lowest target219.00
Current price254.44

Republic Services valuation

Price to earnings ratio (TTM)
35.19
Forward P/E (FY2026)
35.00
Price to sales (TTM)
4.50
Price to book
6.33
EV / EBITDA (TTM)
15.94

Capital structure

Market capitalization
77.51B USD
+
Total debt
14.27B USD
−
Cash and short-term investments
92.00M USD
=
Enterprise value
91.69B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)28.55————
FY2027 (est.)31.6928.55———
FY2026 (est.)35.0031.69———
Now (TTM)35.1932.094.506.3315.94
FY202530.8929.163.985.5215.67
FY202430.9529.193.955.5515.97
FY202330.1526.333.494.9515.07
FY202227.4423.533.024.2214.42
FY202134.4329.033.944.9517.24

Republic Services against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Waste Management, GFL Environmental, and Clean Harbors, the US Waste Management companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median35.2
    26.438.9
  • Gross marginHighest in 5 years42.0%
    28.6%42.0%
    Against its peers: 1 of 4Peers' median 29.1%
  • Operating marginAbove its median19.9%
    17.9%20.1%
    Against its peers: 1 of 4Peers' median 11.2%
  • Net marginHighest in 5 years12.9%
    11.0%12.9%
    Against its peers: 2 of 4Peers' median 10.7%
  • Return on equityAbove its median17.9%
    14.4%17.9%
    Against its peers: 3 of 4Peers' median 27.1%
  • Free cash flow marginHighest in 5 years14.5%
    12.8%14.5%
    Against its peers: 1 of 4Peers' median 7.3%
  • Revenue growthLowest in 5 years3.5%
    3.5%19.6%
    Against its peers: 3 of 4Peers' median 7.8%
  • EPS growthLowest in 5 years5.5%
    5.5%33.8%
    Against its peers: 1 of 3Peers' median -1.8%
  • Debt to EBITDALowest in 5 years2.71×
    2.71×3.30×
    Against its peers: 1 of 4Peers' median 3.97×
  • Current ratioAt its median0.64
    0.560.71
    Against its peers: 3 of 4Peers' median 0.89

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Republic Services growth and profitability

Revenue (TTM)
17.24B USD
Net income (TTM)
2.23B USD
Gross margin
39.16%
Operating margin
20.07%
Net margin
12.92%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202516.59B+3.49%2.14B+4.70%41.96%19.90%12.89%5.10B+6.92%
FY202416.03B+7.13%2.04B+18.02%30.55%20.11%12.74%4.77B+10.31%
FY202314.96B+10.76%1.73B+16.36%29.56%19.00%11.57%4.32B+18.06%
FY202213.51B+19.62%1.49B+15.28%28.61%17.85%11.01%3.66B+16.29%
FY202111.30B+11.24%1.29B+33.42%29.12%18.53%11.42%3.15B+18.61%

Republic Services revenue breakdown

By product

FY2025
Collection Service Line: 44.7%Collection Service Line - Small-container: 20.1%Collection Service Line - Large-container: 12.3%Collection Service Line - Residential: 12.0%Environmental Solutions Service Line: 7.3%Other Service Line - Sale Of Recycled Commodities: 1.7%Other Service Line - Other Non-core: 1.6%Collection Service Line - Other: 0.3%44.7%Collection Service Line20.1%Collection Service Line - Small-container12.3%Collection Service Line - Large-container12.0%Collection Service Line - Residential7.3%Environmental Solutions Service Line1.7%Other Service Line - Sale Of Recycled Commodities1.6%Other Service Line - Other Non-core
SegmentRevenueShare of revenueChange on the year
Collection Service Line11.23B44.7%—
Collection Service Line - Small-container5.06B20.1%+4.9%
Collection Service Line - Large-container3.10B12.3%+2.4%
Collection Service Line - Residential3.01B12.0%+2.4%
Environmental Solutions Service Line1.83B7.3%-4.1%
Other Service Line - Sale Of Recycled Commodities433.00M1.7%+5.9%
Other Service Line - Other Non-core391.00M1.6%+3.2%
Collection Service Line - Other70.00M0.3%-2.8%

By region

FY2025
100.0%Canada
RegionRevenueShare of revenueChange on the year
Canada188.00M100.0%+3.3%

How Republic Services makes its money

Revenue16.59B 100.0%
Cost of revenue9.63B 58.0%
Gross profit6.96B 42.0%
Selling and administration1.67B 10.1%
Other operating expenses1.99B 12.0%
Operating income3.30B 19.9%
Tax455.00M 2.7%
Other expense708.00M 4.3%
Net income2.14B 12.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Republic Services dividends

Annual dividend
2.68 USD
Dividend yield (indicated)
1.05%
Payout ratio
44.47%
Years of dividend growth
23
Frequency
Quarterly
Next payment
0.67 USD
Next ex-dividend date
4 Jan 2027
Next payment date
15 Jan 2027

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.372.192.021.881.741.641.531.411.311.22

Republic Services financial health

Cash and short-term investments
92.00M USD
Total debt
14.27B USD
Net cash
-14.18B USD
Free cash flow (TTM)
2.56B USD
Current ratio
0.75
Debt to equity
1.17
Piotroski score
7 / 9
Altman Z-score
3.18

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202576.00M13.81B2.41B
FY202474.00M12.96B2.08B
FY2023140.00M13.07B1.99B
FY2022143.40M12.08B1.74B
FY202129.00M9.83B1.47B

Republic Services ownership

Institutions
59.37%
Institutional holders
1,337 (-20)
Free float
61.63%

Who owns the shares

Institutions 59.4% Others 40.6%
As of 30 Jun 2026

Shares free to trade

Free float 187.75M shares ·61.6% Closely held 116.89M shares ·38.4%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026011.43K3.40K
Q3 20268606.26M1.60K
Q2 2026213995.82K3.53K
Q1 202600135.69K76.00K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025311.90M311.90M-0.92%
FY2024314.40M314.80M-0.59%
FY2023316.45M316.67M-0.13%
FY2022316.53M317.08M-0.73%
FY2021318.81M319.43M-0.13%

Source: Financial Modeling Prep

Related Instruments

Title: Republic Services

Sector: Industrials
Industry: Waste Management
Republic Services is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments: Western United States, Eastern United States, and environmental solutions across North America. Eighty-nine percent of revenue comes from recycling and waste, with the remaining 11% from environmental solutions.

Common questions about Republic Services stock