Republic Services, Inc.

RSG NYSE Categories PDF
Industrials · Waste Management
Phoenix, AZ 85054, United States IPO 1998 republicservices.com Updated Jul 9, 3:00am
Price
$220.46
Market Cap
$67.8B
Employees
42,000
Beta
0.41
Avg Volume
1,790,932
CEO
Jon Vander Ark

Republic Services, Inc., along with its subsidiaries, delivers comprehensive environmental services across the United States. The company specializes in the collection and processing of recyclable materials, alongside the gathering, transfer, and responsible disposal of non-hazardous solid waste, in addition to other environmental solutions. Its collection activities encompass curbside pickups, facilitating transport to transfer stations, landfills, or recycling facilities; the provision of waste and recycling containers; and compactor rentals. Beyond collection, Republic Services engages in the processing and sale of commodities such as old corrugated containers, newsprint, aluminum, and glass. The company also operates landfill and transfer services, manages the disposal of non-hazardous solid and liquid industrial waste, and provides on-site logistics and transportation. Serving a broad customer base, including residential, small-container, and large-container clients, Republic Services maintains a vast operational footprint. As of December 31, 2021, this included 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, 7 deep injection wells, and 3 treatment, recovery, and disposal facilities across 41 states. Furthermore, it oversees 77 landfill gas-to-energy and renewable energy projects and manages 124 closed landfills. The company, founded in 1996, is headquartered in Phoenix, Arizona.

Runs with full report
Price Overview
Last updated: Jul 9, 2026 5:51am (just now)
Current data · timestamped when a report runs
$220.46
Change · Jul 9
-2.00 (-0.90%)
Day Range
$219.87 – $223.81
52-Week Range
$196.41 – $246.25
50-Day MA
$208.41
200-Day MA
$215.14
Volume
1,427,892.00
Analyst Price Targets
Low $223.00
Consensus $239.29
High $255.00
(48 analysts)
Share Structure
Outstanding 307,664,087.00
Float 196,417,004.00
Free Float 63.8%
Normal free float — 63.8% of shares trade freely, ~36.2% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Last updated: Jul 9, 2026 5:51am (just now)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jul 9, 2026 5:51am (just now)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
31.42
Stock Price: $220.46
EPS (Diluted): 6.86
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
5.52
Stock Price: $220.46
Total Equity: $11.97B
Shares: 311,900,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
13.32
Market Cap: $67.83B
Total Debt: $596.00M
Cash: $76.00M
EBITDA: $5.10B
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$66.6B
Market Cap: $67.83B
Total Debt: $596.00M
Cash: $76.00M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
42.0%
Gross Profit: $6.96B
Revenue: $16.59B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
20.0%
Operating Income: $3.32B
Revenue: $16.59B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
12.9%
Net Income: $2.14B
Revenue: $16.59B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
18.1%
Net Income: $2.14B
Total Equity: $11.97B
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
8.9%
Operating Income: $3.32B
Tax Rate: 17.5%
Equity: $11.97B
Total Debt: $596.00M
Cash: $76.00M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
0.64
Current Assets: $2.52B
Current Liabilities: $3.93B
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.05
Short-Term Debt: $596.00M
Long-Term Debt: $0.00
Total Debt: $596.00M
Total Equity: $11.97B
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$53.19
Revenue: $16.59B
Shares: 311,900,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$38.37
Total Equity: $11.97B
Shares: 311,900,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$7.72
Operating CF: $4.30B
CapEx: -$1.89B
Shares: 311,900,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
1.1%
Last Dividend: N/A
Stock Price: $220.46
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: $2.14B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares RSG against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 9, 2026 5:51am (just now)
Metric 2021 2022 2023 2024 2025
Revenue $11.3B $13.5B $15.0B $16.0B $16.6B
Cost of Revenue $8.0B $9.6B $10.5B $11.1B $9.6B
Gross Profit $3.3B $3.9B $4.4B $4.9B $7.0B
Operating Expenses $1.2B $1.5B $1.6B $1.7B $3.6B
Operating Income $2.1B $2.4B $2.8B $3.2B $3.3B
Net Income $1.3B $1.5B $1.7B $2.0B $2.1B
EBITDA $3.1B $3.7B $4.3B $4.8B $5.1B
EPS $4.05 $4.70 $5.47 $6.50 $6.86
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jul 9, 2026 5:51am (just now)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $29.0M $143.4M $140.0M $74.0M $76.0M
Total Current Assets $1.7B $2.4B $2.4B $2.4B $2.5B
Total Assets $25.0B $29.1B $31.4B $32.4B $34.4B
Current Liabilities $2.4B $3.4B $4.2B $4.1B $3.9B
Long-Term Debt $9.5B $11.3B $11.9B $11.9B $0
Total Liabilities $16.0B $19.4B $20.9B $21.0B $22.4B
Total Equity $9.0B $9.7B $10.5B $11.4B $12.0B
Retained Earnings $6.5B $7.4B $8.4B $9.8B $11.2B
Cash Flow (Annual)
Last updated: Jul 9, 2026 5:51am (just now)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $2.8B $3.2B $3.6B $3.9B $4.3B
Capital Expenditure -$1.3B -$1.5B -$1.6B -$1.9B -$1.9B
Free Cash Flow $1.5B $1.7B $2.0B $2.1B $2.4B
Acquisitions (net) -$1.2B -$3.0B -$2.1B -$751.0M -$1.4B
Debt Repayment
Dividends Paid
Stock Buybacks -$252.2M -$203.5M -$261.8M -$482.0M -$870.0M
Net Change in Cash -$8.6M $108.7M $13.2M -$25.0M $46.0M
Analyst Estimates (Annual)
Last updated: Jul 9, 2026 5:51am (just now)
Metric 2027 2028 2029 2030
Revenue $18.0B
$17.9B – $18.3B
$18.9B
$18.9B – $18.9B
$20.0B
$19.7B – $20.2B
$20.9B
$20.6B – $21.1B
EBITDA $6.3B
$6.2B – $6.3B
$6.6B
$6.6B – $6.6B
$6.9B
$6.8B – $7.0B
$7.2B
$7.1B – $7.3B
Net Income $2.5B
$2.5B – $2.6B
$2.7B
$2.7B – $3.1B
$3.0B
$3.0B – $3.1B
$3.2B
$3.2B – $3.3B
EPS
Growth Trends (YoY %)
Last updated: Jul 9, 2026 5:51am (just now)
Metric 2022 2023 2024 2025
Revenue Growth +19.6% +10.8% +7.1% +3.5%
Gross Profit Growth +17.5% +14.4% +10.7% +42.1%
Operating Income Growth +15.2% +17.9% +13.4% +3.0%
Net Income Growth +15.3% +16.4% +18.0% +4.7%
EBITDA Growth +16.3% +18.1% +10.3% +6.9%
Dividend History (Last 20)
Last updated: Jul 9, 2026 5:51am (just now)
Date Dividend Declaration Record Payment
2026-07-02 $0.63 2026-05-05 2026-07-02 2026-07-15
2026-04-02 $0.63 2026-02-12 2026-04-02 2026-04-15
2026-01-02 $0.63 2025-10-22 2026-01-02 2026-01-15
2025-10-02 $0.63 2025-07-23 2025-10-02 2025-10-15
2025-07-02 $0.58 2025-04-24 2025-07-02 2025-07-15
2025-04-02 $0.58 2025-02-05 2025-04-02 2025-04-15
2025-01-02 $0.58 2024-10-23 2025-01-02 2025-01-15
2024-10-02 $0.58 2024-07-24 2024-10-02 2024-10-15
2024-07-02 $0.54 2024-04-24 2024-07-02 2024-07-15
2024-04-01 $0.54 2024-02-06 2024-04-02 2024-04-15
2023-12-29 $0.54 2023-10-25 2024-01-02 2024-01-16
2023-09-29 $0.54 2023-07-27 2023-10-02 2023-10-13
2023-06-30 $0.50 2023-04-19 2023-07-03 2023-07-14
2023-03-31 $0.50 2023-02-08 2023-04-03 2023-04-14
2022-12-30 $0.50 2022-10-27 2023-01-03 2023-01-13
2022-09-30 $0.50 2022-07-28 2022-10-03 2022-10-14
2022-06-30 $0.46 2022-05-05 2022-07-01 2022-07-15
2022-03-31 $0.46 2022-02-10 2022-04-01 2022-04-14
2021-12-31 $0.46 2021-10-28 2022-01-03 2022-01-14
2021-09-30 $0.46 2021-07-29 2021-10-01 2021-10-15
Insider Trading (Recent)
Type codes PPurchase SSale AAward / grant MOption exercise FIn-kind (tax) CConversion GGift DReturn to issuer
All SEC Form 4 codes
Open market
P Purchase
Open-market or private purchase of shares.
S Sale
Open-market or private sale of shares.
Compensation (Rule 16b-3)
A Award / grant
Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
D Return to issuer
Securities disposed back to the company under Rule 16b-3.
F In-kind (tax)
Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
I Discretionary
Discretionary transaction under an employee plan — Rule 16b-3(f).
M Option exercise
Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
C Conversion
Conversion of a derivative security into the underlying shares.
E Short expiration
Expiration of a short derivative position.
H Long expiration
Expiration or cancellation of a long derivative position with value received.
O OTM exercise
Exercise of an out-of-the-money derivative.
X ITM exercise
Exercise of an in-the-money or at-the-money derivative.
Other exempt
G Gift
Bona fide gift of securities.
L Small acquisition
Small acquisition under Rule 16a-6.
W Inheritance
Acquisition or disposition by will or the laws of descent.
Z Voting trust
Deposit into or withdrawal from a voting trust.
Other
J Other
Other acquisition or disposition (explained in a Form 4 footnote).
K Equity swap
Transaction in an equity swap or similar instrument.
U Tender / buyout
Disposition via tender of shares in a change-of-control transaction.

Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.

Date Insider Type Shares Price Value
2026-06-11 Volpe Sandra M S-Sale 1,800.00 $211.28 $380,304
2026-05-19 Carlsen Elyse S-Sale 221.00 $216.34 $47,811
2026-05-19 Carlsen Elyse S-Sale 139.00 $216.30 $30,066
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 7,108.00 $215.11 $1.5M
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 22,828.00 $214.52 $4.9M
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 8,900.00 $213.18 $1.9M
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 8,084.00 $212.28 $1.7M
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 9,200.00 $211.48 $1.9M
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 4,200.00 $210.38 $883,599
2026-05-18 CASCADE INVESTMENT, L.L.C. P-Purchase 380.00 $208.28 $79,147
2026-05-15 CASCADE INVESTMENT, L.L.C. P-Purchase 17,599.00 $210.58 $3.7M
2026-05-15 CASCADE INVESTMENT, L.L.C. P-Purchase 23,067.00 $209.65 $4.8M
2026-05-15 CASCADE INVESTMENT, L.L.C. P-Purchase 50,723.00 $208.55 $10.6M
2026-05-15 CASCADE INVESTMENT, L.L.C. P-Purchase 28,406.00 $208.00 $5.9M
2026-05-14 CASCADE INVESTMENT, L.L.C. P-Purchase 97,111.00 $208.52 $20.2M
2026-05-14 CASCADE INVESTMENT, L.L.C. P-Purchase 151,554.00 $207.51 $31.4M
2026-05-14 CASCADE INVESTMENT, L.L.C. P-Purchase 58,840.00 $206.71 $12.2M
2026-05-13 CASCADE INVESTMENT, L.L.C. P-Purchase 28,240.00 $203.67 $5.8M
2026-05-13 CASCADE INVESTMENT, L.L.C. P-Purchase 87,717.00 $203.06 $17.8M
2026-05-13 CASCADE INVESTMENT, L.L.C. P-Purchase 173,819.00 $202.04 $35.1M
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for RSG — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.393 · 6a8d9cc1 · 2026-07-08 21:32:56