Republic Services, Inc.'s Stock Analysis

Republic Services Reports Q2 2025 Financial Results and Guidance

Republic Services, Inc. reported a net income of $550 million, or $1.75 per diluted share, for the second quarter of 2025, reflecting an increase from $512 million, or $1.62 per diluted share, in the same period last year. The company achieved total revenue growth of 4.6%, which included 3.1% organic growth and 1.5% from acquisitions. Adjusted EBITDA was reported at $1.36 billion, with an adjusted EBITDA margin of 32.1%, marking a 100 basis point increase compared to the previous year. Year-to-date cash flow from operations reached $2.13 billion, and the year-to-date adjusted free cash flow was $1.42 billion. The company also returned $407 million to shareholders through dividends and share repurchases during the year-to-date period.

For the full year 2025, Republic Services updated its financial guidance, projecting revenue between $16.675 billion and $16.750 billion, with adjusted EBITDA remaining in the range of $5.275 billion to $5.325 billion. The adjusted diluted earnings per share is expected to be between $6.82 and $6.90, while adjusted free cash flow guidance has been increased to a range of $2.375 billion to $2.415 billion. Additionally, the company announced a 4.5-cent increase in its quarterly dividend, bringing it to $0.625 per share, which will be paid on October 15, 2025.

Jul 29, 2025 16:08:41

Republic Services Increases Quarterly Dividend to $0.625 Per Share

On July 23, 2025, Republic Services, Inc. announced a 4.5 cent increase in its quarterly dividend, raising it to $0.625 per share. This dividend will be paid on October 15, 2025, to shareholders who are on record by October 2, 2025. This marks the 22nd consecutive year that the company has increased its annual dividend.

The increase reflects the company's ongoing commitment to return cash to shareholders. Republic Services is recognized as a leader in the U.S. environmental services industry, offering a comprehensive range of products and services aimed at sustainability and reducing emissions. The company’s initiatives focus on advancing circularity and decarbonizing operations, which align with its vision of creating a more sustainable world.

Jul 24, 2025 16:37:51

Republic Services Reports Q1 2025 Earnings and Dividend Declaration

Republic Services, Inc. announced its financial results for the first quarter of 2025, reporting a net income of $495 million, or $1.58 per diluted share, which reflects a 9.7% increase compared to the same period in 2024. The company experienced total revenue growth of 3.8%, driven by a 2.9% organic growth and 0.9% from acquisitions. The adjusted EBITDA margin expanded by 140 basis points to 31.6%, indicating effective cost management and pricing strategies despite challenges in volume due to economic conditions and weather impacts.

Additionally, Republic Services invested over $800 million in acquisitions and returned $226 million to shareholders through dividends and share repurchases. The Board of Directors declared a quarterly dividend of $0.58 per share, payable on July 15, 2025, to shareholders of record on July 2, 2025. The company was also recognized in several sustainability and ethical business rankings, including Barron's 2025 100 Most Sustainable Companies List.

Apr 24, 2025 16:06:18

Republic Services Reports $2.04 Billion Net Income for 2024

Republic Services, Inc. reported a net income of $2.04 billion for the full year 2024, reflecting an increase of 18.6% compared to the previous year. The company exceeded its adjusted EBITDA, adjusted earnings per share, and adjusted free cash flow guidance, with fourth-quarter total revenue growth of 5.6%, driven by a 4.3% organic growth. The adjusted EBITDA margin for the year improved by 140 basis points, and the company returned $1.18 billion to shareholders through dividends and share repurchases, indicating a strong commitment to shareholder value.

However, the company faced challenges with revenue decreases from volume, which fell by 1.1% for the full year and 1.2% in the fourth quarter. This decline in volume contributed to overall revenue growth being lower than previous years. Additionally, while the average recycled commodity price per ton sold increased, the company still experienced fluctuations in operational costs, particularly in labor and related benefits, which remained a significant portion of total expenses. These factors highlight potential areas of concern for future profitability.

Feb 13, 2025 16:07:06

Republic Services Reports Strong Third Quarter 2024 Results

Republic Services, Inc. announced a solid financial performance for the third quarter of 2024, with total revenue growth of 6.5% year-over-year, driven by both organic growth and acquisitions. The company reported earnings per share of $1.80, reflecting an 18.4% increase compared to the same period last year. Notably, the net income margin expanded by 130 basis points, and the adjusted EBITDA margin improved by 210 basis points, indicating effective cost management and pricing strategies. Additionally, Republic Services was recognized for its workplace culture, being certified as a Great Place to Work® for the eighth consecutive year, highlighting its commitment to employee satisfaction and engagement. 

On a less favorable note, the company experienced a decrease in revenue from volume, which fell by 1.2%. This decline in volume could suggest challenges in maintaining customer demand in certain segments. Furthermore, while the company expects to meet its adjusted EBITDA guidance, it anticipates revenue to be near the low end of its full-year 2024 guidance range, which may raise concerns among investors about future growth prospects. Despite these challenges, the overall financial health and operational achievements of Republic Services remain strong.

Oct 29, 2024 16:07:25

Republic Services Secures New $3.5 Billion Credit Agreement

Republic Services entered a new $3.5 billion credit agreement, maturing in July 2029, allowing for potential extensions and increased borrowing. The agreement includes sustainability performance adjustments and maintains the option for dividends and stock buybacks, provided covenants are met. However, it also carries risks, including defaults and compliance with financial ratios.

Jul 31, 2024 16:21:47

Republic Services Reports Strong Q2 2024 Financial Results

Republic Services, Inc. announced a successful second quarter with an 8.6% revenue growth and a 20% increase in earnings per share, reaching $1.62. The company raised its full-year guidance and increased its quarterly dividend by about 8%. Additionally, cash flow from operations was robust at $1.91 billion. Positive factors included effective pricing strategies and operational execution, while slight volume declines were noted.

Jul 24, 2024 16:05:58

Republic Services Reports Strong First Quarter 2024 Results

Republic Services, Inc. reported a notable 8% total revenue growth in the first quarter of 2024, with increased earnings per share. The company expanded its net income margin and adjusted EBITDA margin, generating significant cash flow. Republic Services was recognized for sustainability efforts and declared a quarterly dividend. The company's focus on pricing, execution, and investments in capabilities are driving profitable growth, positioning them well for the year ahead.

Apr 30, 2024 16:05:29

Republic Services, Inc. Strong 2023 Performance and Positive 2024 Outlook

Republic Services, Inc. exceeded its 2023 financial goals, reporting increased revenue, net income, and earnings per share. The company also provided optimistic financial guidance for 2024. Notable achievements include double-digit growth in revenue, EBITDA, earnings, and free cash flow in 2023. Investments in acquisitions and shareholder returns were highlighted. The company completed several projects and saw improvements in recycled commodity prices. Financial metrics like adjusted EBITDA and free cash flow showed significant increases. Overall, Republic Services, Inc. demonstrated strong performance and a positive outlook for the future.

Feb 27, 2024 16:09:04

Republic Services Appoints Tom Linebarger to Board of Directors

Republic Services, a leader in environmental services, appoints Tom Linebarger, former Cummins Inc. chairman and CEO, to its Board of Directors. Linebarger's experience in global leadership, environmental stewardship, and customer-focused solutions is expected to drive sustainability innovations and long-term shareholder value for Republic Services. His expertise in manufacturing and energy technology will be crucial for the company's success as it expands. Republic Services aims to advance circularity, reduce emissions, and decarbonize operations to create a more sustainable world.

Feb 08, 2024 16:09:51