Saturday 17 October 2026 Export RSG’s income statement to Excel — free account

Republic Services, Inc.

In the quarter to June 2026, revenue grew 4.60%, EPS grew 4.55%, free cash flow grew 8.20% and total debt rose 7.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for ten; insiders bought in the last twelve months.

231.23 1.58 +0.69%

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Market cap: $70.3B
P/E: 32.8×
Fwd P/E: 28.9×
Dividend yield: 1.10%
F-score: 7/9
Altman Z: 2.98
Beneish M: −2.74
Dividend safety: 88/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total buys 1,582.79

Total sells 0.46

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	—	—	—	2	—	—	8	4	—
Sell	—	—	—	—	—	—	1	1	—	—	—	—

Insider Ownership 38.63%

Capital & Financial Ratios $m

Market Cap 70,320.00

Revenue 16,890.00

Net Income 2,186.00

Free Cash Flow 2,665.00

Net Debt 13,414.00

Current Ratio 0.64

Debt/Equity 1.12

P/E ratio 32.75

Fwd P/E 28.90

P/S ratio 4.21

P/B ratio 5.91

Past 5Y EPS Growth 17.80%

This Y EPS Growth 3.56%

Next Y EPS Growth 11.30%

Next Y revenue growth 4.25%

Next 5Y EPS Growth 8.48%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 73.98%

10-year low 10-year high

P/S against its own 10 years 92.22%

10-year low 10-year high

P/B against its own 10 years 92.70%

10-year low 10-year high

EV/Sales against its own 10 years 93.03%

10-year low 10-year high

EV/FCF against its own 10 years 55.55%

10-year low 10-year high

Dividends

Payout Ratio 0.36

Annual Dividend Rate 2.55

Annual Dividend Yield 1.10%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.55	0.63 0.63 0.63 0.67
2025	2.37	0.58 0.58 0.58 0.63
2024	1.65	0.54 0.54 0.58
2023	2.06	0.50 0.50 0.54 0.54
2022	1.91	0.46 0.46 0.50 0.50
2021	1.77	0.43 0.43 0.46 0.46
2020	2.07	0.41 0.41 0.41 0.43 0.43
2019	1.56	0.38 0.38 0.41 0.41
2018	1.44	0.35 0.35 0.38 0.38
2017	1.33	0.32 0.32 0.35 0.35
2016	1.24	0.30 0.30 0.32 0.32

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	140	74	76	107
Receivables	1,768	1,821	1,897	2,029
Inventory	—	—	—	—
Other	—	—	—	—
	2,381	2,406	2,523	2,563

	2023	2024	2025	Q'26
Payables	1,412	1,345	1,374	1,440
ST’ Debt	—	—	—	—
Other	—	—	—	1,242
	4,228	4,128	3,928	3,980

Compound Annual Growth %

	10y	5y	3y
Sales	6.17%	10.32%	7.08%
Cash Flow	9.85%	11.69%	10.43%
Earnings	11.05%	17.20%	12.86%
Book Value	4.41%	7.11%	7.31%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,113	4,430	—	—	—
’25	4,009	4,235	4,212	4,135	16,591
’24	3,862	4,048	4,076	4,046	16,032
’23	3,581	3,726	3,826	3,832	14,965
’22	2,970	3,414	3,598	3,530	13,511
’21	2,596	2,812	2,934	2,953	11,295
’20	2,554	2,454	2,572	2,573	10,154

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,227	1,153	—	—	—
’25	1,025	1,109	1,181	981	4,296
’24	811	1,100	1,003	1,022	3,936
’23	688	1,079	953	899	3,618
’22	706	858	817	810	3,190
’21	661	822	655	649	2,787
’20	596	738	576	563	2,472

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	754	765	—	—	—
’25	569	707	739	407	2,422
’24	298	700	568	562	2,128
’23	315	754	592	355	2,016
’22	388	548	543	290	1,769
’21	332	550	362	246	1,490
’20	229	462	354	262	1,307

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.70	1.84	—	—	—
’25	1.58	1.75	1.76	1.76	6.85
’24	1.44	1.62	1.80	1.63	6.49
’23	1.21	1.35	1.52	1.39	5.47
’22	1.11	1.17	1.32	1.09	4.69
’21	0.93	1.03	1.10	0.98	4.04
’20	0.77	0.71	0.81	0.74	3.02

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	41.82	56.17	60.26	70.42	65.37	88.62	113.57	120.58	162.27	199.43	Analyst estimates 2026–2028 Powerpack
	High	58.00	68.00	78.54	90.62	103.79	145.98	149.17	167.17	220.58	258.75
People
People	Employees	33,000	35,000	36,000	36,000	35,000	35,000	40,000	41,000	42,000	42,000
	Revenue/emp, $m	0.28	0.29	0.28	0.29	0.29	0.32	0.34	0.37	0.38	0.40
Income, $m
Income, $m	Revenue	9,388	10,042	10,041	10,299	10,154	11,295	13,511	14,965	16,032	16,591
	Gross margin, %	38.60	38.11	38.75	38.85	39.92	40.35	39.27	40.24	41.68	41.96
	EBT	966	1,282	1,321	1,296	1,143	1,575	1,832	2,191	2,432	2,594
	EBT margin, %	10.29	12.77	13.16	12.58	11.25	13.95	13.56	14.64	15.17	15.63
	Net income	613	1,279	1,038	1,074	970	1,292	1,488	1,731	2,044	2,139
	Depreciation	1,070	1,116	1,114	1,122	1,159	1,268	1,441	1,599	1,784	1,928
Per share, $
Per share, $	Revenue	27.37	29.79	30.72	32.08	31.80	35.43	42.69	47.33	50.99	53.19
	Earnings	1.79	3.79	3.17	3.34	3.03	4.05	4.70	5.47	6.50	6.86
	Cash flow	5.39	5.67	6.86	7.33	7.74	8.74	10.08	11.44	12.52	13.77
	Capex	(2.68)	(2.92)	(3.18)	(3.69)	(3.65)	(4.07)	(4.49)	(5.07)	(5.75)	(6.01)
	Free cash flow	2.71	2.75	3.68	3.63	4.09	4.67	5.59	6.38	6.77	7.77
	Book value	22.43	23.62	24.26	25.29	26.59	28.17	30.61	33.34	36.28	38.37
	Shares, m	343	337	327	321	319	319	317	316	314	312
Valuation, ×
Valuation, ×	P/E	31.77	17.52	22.67	26.76	31.78	34.35	27.32	30.10	31.00	30.89
	P/S	2.08	2.24	2.35	2.79	3.03	3.94	3.01	3.49	3.95	3.98
	P/B	2.54	2.82	2.97	3.54	3.62	4.95	4.20	4.95	5.54	5.52
	EV/Sales	2.89	2.97	3.10	3.54	3.89	4.78	3.84	4.27	4.68	4.76
	EV/FCF	29.14	32.19	25.90	31.28	30.20	36.23	29.35	31.70	35.26	32.62
Cash, $m
Cash, $m	Operating cash flow	1,848	1,911	2,243	2,352	2,472	2,787	3,190	3,618	3,936	4,296
	Capex	(918)	(984)	(1,040)	(1,185)	(1,164)	(1,297)	(1,421)	(1,602)	(1,808)	(1,874)
	Free cash flow	930	927	1,203	1,167	1,307	1,490	1,769	2,016	2,128	2,422
Balance, $m
Balance, $m	Working capital	(527)	(1,198)	(1,154)	(1,459)	(760)	(705)	(1,034)	(1,847)	(1,722)	(1,405)
	Total debt	7,653	7,481	7,647	7,759	8,766	9,546	11,330	11,887	11,851	12,985
	Net debt	7,585	7,397	7,576	7,712	8,728	9,517	11,186	11,747	11,777	12,909
	Shareholders’ equity	7,694	7,961	7,930	8,121	8,489	8,980	9,687	10,543	11,407	11,969
Returns, %
Returns, %	ROA	2.98	6.12	4.85	4.85	4.19	5.33	5.51	5.73	6.40	6.41
	ROIC	6.29	6.79	7.00	7.06	6.20	7.02	7.16	7.79	8.62	8.30
	ROE	7.92	16.33	13.05	13.37	11.65	14.77	15.94	17.11	18.62	18.30

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WM Waste Management, Inc.	$89.6B	32.0×	27.0×	+3.95% (above 0%: growing)	+8.89% (above 0%: growing)	+34.81% (above 0%: growing)	40.83%	18.75%	Compare
RSG Republic Services, Inc.	$70.3B	32.8×	28.9×	+4.60% (above 0%: growing)	+4.55% (above 0%: growing)	+8.20% (above 0%: growing)	42.14%	20.34%
WCN Waste Connections, Inc.	$41.7B	40.3×	33.5×	+6.42% (above 0%: growing)	+4.46% (above 0%: growing)	+6.63% (above 0%: growing)	42.25%	17.08%	Compare
GFL GFL Environmental Inc.	$19.0B	— (loss-making)	— (loss-making)	+16.16% (above 0%: growing)	n/m	+557.08% (above 0%: growing)	19.81%	5.58%	Compare
CLH Clean Harbors, Inc.	$16.9B	38.7×	33.3×	+11.95% (above 0%: growing)	+36.29% (above 0%: growing)	−4.89% (below 0%: shrinking)	35.09%	15.50%	Compare
CWST Casella Waste Systems, Inc.	$5.5B	978×	559×	+16.85% (above 0%: growing)	−25.00% (below 0%: shrinking)	+14.24% (above 0%: growing)	32.88%	3.67%	Compare
ONT Onterris, Inc.	$494.1M	— (loss-making)	123×	−20.42% (below 0%: shrinking)	−91.67% (below 0%: shrinking)	−96.15% (below 0%: shrinking)	44.07%	3.46%	Compare
PESI Perma-Fix Environmental Services, Inc.	$282.0M	— (loss-making)	— (loss-making)	−11.66% (below 0%: shrinking)	n/m	−156.46% (below 0%: shrinking)	(19.43%)	(50.50%)	Compare
ABAT American Battery Technology Company	$225.5M	— (loss-making)	— (loss-making)	+196.60% (above 0%: growing)	n/m	−32.23% (below 0%: shrinking)	15.66%	(246.50%)	Compare
Median of peers	$11.2B	39.5×	33.5×	+9.18%	+4.46%	+0.87%	33.99%	4.63%

All 20 Waste Management stocks →

Republic Services, Inc. (RSG) key facts

Strength: Net income was $2.1 billion, or $6.86 per share (basic), a net margin of 12.9%.
Republic Services, Inc. (RSG) is a Waste Management company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, RSG traded at $231.23, a market capitalization of $70.3 billion.
At that price the stock trades at 32.8× trailing-twelve-month earnings and 4.2× sales; its P/E is higher than 74% of its own readings over the past ten years.
Republic Services, Inc. pays an annual dividend of $2.55 per share, a yield of 1.10%, with a payout ratio of 36.1%.
Return on equity was 18.3% and debt-to-equity 1.12.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.98 (grey zone) for fiscal 2025.