REPUBLIC SERVICES, INC.
REPUBLIC SERVICES, INC.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 118 | 76 | 84 | 122 | 83 | 74 | 83 | 491 | 92 | 140 | 158 | 182 | |||||
Accounts Receivable Net Current | 1,917 | 1,897 | 1,900 | 1,880 | 1,854 | 1,821 | 1,848 | 1,818 | 1,763 | 1,768 | 1,830 | 1,740 | |||||
Other Assets Current | 475 | 550 | 500 | 414 | 384 | 511 | 418 | 351 | 419 | 473 | 361 | 340 | |||||
Assets Current | 2,510 | 2,523 | 2,484 | 2,416 | 2,321 | 2,406 | 2,348 | 2,660 | 2,274 | 2,381 | 2,348 | 2,262 | |||||
Restricted Cash And Investments Noncurrent | 292 | 259 | 225 | 224 | 222 | 208 | 203 | 178 | 143 | 164 | 153 | 150 | |||||
Property Plant And Equipment And Finance Lease Rig… | 12,695 | 12,639 | 12,192 | 12,049 | 11,949 | 11,877 | 11,526 | 11,447 | 11,311 | 11,351 | 10,701 | 10,562 | |||||
Goodwill | 16,926 | 16,715 | 16,699 | 16,626 | 16,585 | 15,982 | 15,883 | 15,865 | 15,852 | 15,834 | 15,291 | 15,354 | |||||
Finite Lived Intangible Assets Net | 647 | 655 | 599 | 612 | 632 | 546 | 455 | 463 | 483 | 496 | 447 | 432 | |||||
Other Assets Noncurrent | 1,530 | 1,575 | 1,590 | 1,470 | 1,394 | 1,383 | 1,399 | 1,322 | 1,319 | 1,184 | 1,102 | 1,065 | |||||
Assets | 34,600 | 34,366 | 33,789 | 33,397 | 33,103 | 32,402 | 31,814 | 31,934 | 31,382 | 31,410 | 30,043 | 29,823 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 1,196 | 1,374 | 1,247 | 1,199 | 1,154 | 1,345 | 1,225 | 1,286 | 1,179 | 1,412 | 1,198 | 1,098 | |||||
Long Term Debt And Capital Lease Obligations Curre… | 547 | 596 | 921 | 421 | 421 | 862 | 513 | 1,433 | 1,432 | 932 | 932 | 153 | |||||
Contract With Customer Liability Current | 480 | 496 | 504 | 490 | 504 | 485 | 486 | 473 | 472 | 467 | 485 | 467 | |||||
Accrued Capping Closure Post Closure And Environme… | 159 | 148 | 145 | 141 | 159 | 159 | 141 | 141 | 141 | 141 | 144 | 140 | |||||
Interest Payable Current | 122 | 109 | 125 | 110 | 120 | 101 | 114 | 103 | 106 | 104 | 88 | 93 | |||||
Other Accrued Liabilities Current | 1,236 | 1,205 | 1,321 | 1,286 | 1,133 | 1,176 | 1,162 | 1,099 | 995 | 1,172 | 1,222 | 1,037 | |||||
Liabilities Current | 3,740 | 3,928 | 4,263 | 3,647 | 3,491 | 4,128 | 3,642 | 4,534 | 4,326 | 4,228 | 4,069 | 2,988 | |||||
Long Term Debt And Capital Lease Obligations | 13,317 | 12,985 | 12,353 | 12,546 | 12,862 | 11,851 | 12,047 | 11,527 | 11,400 | 11,887 | 10,993 | 11,960 | |||||
Accrued Capping Closure Post Closure And Environme… | 2,620 | 2,608 | 2,558 | 2,541 | 2,477 | 2,432 | 2,347 | 2,332 | 2,307 | 2,281 | 2,226 | 2,211 | |||||
Deferred Income Taxes And Other Tax Liabilities No… | 1,936 | 1,884 | 1,738 | 1,604 | 1,612 | 1,594 | 1,591 | 1,569 | 1,578 | 1,527 | 1,475 | 1,517 | |||||
Self Insurance Reserve Noncurrent | 454 | 436 | 442 | 427 | 416 | 402 | 382 | 366 | 348 | 349 | 353 | 333 | |||||
Other Liabilities Noncurrent | 552 | 556 | 563 | 580 | 580 | 588 | 575 | 600 | 603 | 595 | 596 | 610 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Additional Paid In Capital | 1,851 | 1,833 | 1,816 | 1,801 | 1,784 | 1,767 | 2,946 | 2,932 | 2,916 | 2,901 | 2,888 | 2,874 | |||||
Retained Earnings Accumulated Deficit | 11,493 | 11,161 | 10,810 | 10,455 | 10,087 | 9,774 | 9,444 | 9,061 | 8,718 | 8,434 | 8,164 | 7,853 | |||||
Treasury Stock Common Value | -1,336 | -1,000 | -727 | -181 | -180 | -113 | -1,146 | -982 | -812 | -784 | -721 | -519 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -31 | -29 | -31 | -28 | -31 | -26 | -19 | -9 | -5 | -12 | -3 | -7 | |||||
Stockholders Equity | 11,981 | 11,969 | 11,871 | 12,050 | 11,663 | 11,405 | 11,229 | 11,005 | 10,820 | 10,543 | 10,332 | 10,204 | |||||
Minority Interest | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Liabilities And Stockholders Equity | 34,600 | 34,366 | 33,789 | 33,397 | 33,103 | 32,402 | 31,814 | 31,934 | 31,382 | 31,410 | 30,043 | 29,823 | |||||
Allowance For Doubtful Accounts Receivable Current | 60 | 66 | 70 | 66 | 67 | 74 | 75 | 83 | 83 | 83 | 84 | 66 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | 750 | |||||
Common Stock Shares Issued | 314 | 313 | 313 | 313 | 313 | 313 | 321 | 321 | 321 | 321 | 321 | 321 | |||||
Treasury Stock Common Shares | 6 | 5 | 3 | 1 | 1 | 1 | 8 | 7 | 6 | 6 | 6 | 4 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.21% | 8.18% | 8.76% | - | - | - | - | - | - | - | - | - |
| 2025 | 1.74% | 3.16% | -0.73% | 1.14% | -2.05% | -4.86% | 5.17% | 2.35% | 1.61% | 3.43% | -0.72% | -7.49% |
| 2024 | 0.44% | 3.15% | 9.69% | 7.36% | 8.69% | 8.29% | 9.04% | 2.47% | 7.82% | 1.21% | 1.99% | 8.54% |
| 2023 | - | - | - | -3.97% | -3.77% | -4.22% | 8.71% | 11.01% | 14.17% | 3.76% | 3.64% | 2.77% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.67 | 0.64 | 0.58 | 0.66 | 0.66 | 0.58 | 0.64 | 0.59 | 0.53 | 0.56 | 0.58 | 0.76 | |||||
| Quick Ratio | 0.67 | 0.64 | 0.58 | 0.66 | 0.66 | 0.58 | 0.64 | 0.59 | 0.53 | 0.56 | 0.58 | 0.76 | |||||
| Working Capital | -1.23B | -1.41B | -1.78B | -1.23B | -1.17B | -1.72B | -1.29B | -1.87B | -2.05B | -1.85B | -1.72B | -726.20M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.31 | 0.33 | 0.36 | 0.30 | 0.30 | 0.36 | 0.32 | 0.41 | 0.40 | 0.40 | 0.39 | 0.29 | |||||
| Interest Coverage TTM | 5.69 | 5.75 | 5.88 | 5.95 | 6.05 | 5.93 | 5.79 | 5.67 | 5.51 | 5.47 | 5.40 | 5.53 | |||||
| Debt Ratio | 0.11 | 0.11 | 0.13 | 0.11 | 0.11 | 0.13 | 0.11 | 0.14 | 0.14 | 0.13 | 0.14 | 0.10 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.49 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 0.51 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | |||||
| Days Sales Outstanding TTM | 41.22 | 40.90 | 41.44 | 41.23 | 40.80 | 40.86 | 42.43 | 41.71 | 41.29 | 42.01 | 43.92 | 42.92 | |||||
| Receivables Turnover TTM | 8.85 | 8.92 | 8.81 | 8.85 | 8.95 | 8.93 | 8.60 | 8.75 | 8.84 | 8.69 | 8.31 | 8.50 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 7.01 | 6.85 | 6.75 | 6.78 | 6.66 | 6.49 | 6.27 | 5.98 | 5.70 | 5.47 | 5.18 | 4.96 | |||||
| Free Cash Flow Per Share TTM | 8.39 | 7.72 | 8.11 | 7.53 | 7.51 | 6.62 | 6.08 | 6.12 | 6.26 | 6.28 | 6.06 | 5.91 | |||||
| Dividend Per Share TTM | 2.43 | 2.37 | 2.33 | 2.27 | 2.24 | 2.19 | 2.14 | 2.10 | 2.06 | 2.02 | 1.98 | 1.94 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 42.01% | 41.96% | 42.17% | 42.28% | 42.02% | 41.68% | 41.22% | 40.81% | 40.60% | 40.24% | 39.58% | 39.25% | |||||
| Operating Profit Margin TTM | 19.93% | 19.90% | 20.02% | 20.25% | 20.19% | 19.94% | 19.56% | 19.11% | 18.82% | 18.58% | 18.12% | 17.96% | |||||
| Net Profit Margin TTM | 12.99% | 12.89% | 12.77% | 12.97% | 12.89% | 12.75% | 12.46% | 12.11% | 11.81% | 11.57% | 11.17% | 10.91% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 3.19% | 3.49% | 4.32% | 5.13% | 6.12% | 7.13% | 7.88% | 7.85% | 7.96% | 10.76% | 13.36% | 17.64% | |||||
| Net Income Growth (1Y) | 4.02% | 4.65% | 6.93% | 12.60% | 15.79% | 18.08% | 20.29% | 19.71% | 18.51% | 16.36% | 12.81% | 13.62% | |||||
| EPS Growth (1Y) | 5.32% | 5.49% | 7.71% | 13.26% | 16.65% | 18.75% | 21.07% | 20.44% | 19.04% | 16.49% | 12.97% | 13.49% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 31.03 | 30.63 | 33.56 | 35.87 | 35.76 | 30.36 | 31.30 | 31.66 | 32.61 | 29.30 | 26.66 | 29.77 | |||||
| P/B TTM | 5.62 | 5.47 | 5.96 | 6.32 | 6.39 | 5.44 | 5.49 | 5.42 | 5.43 | 4.81 | 4.23 | 4.59 | |||||
| P/S TTM | 4.03 | 3.95 | 4.29 | 4.65 | 4.61 | 3.87 | 3.90 | 3.83 | 3.85 | 3.39 | 2.98 | 3.25 | |||||
| Market Cap | 67.31B | 65.52B | 70.72B | 76.15B | 74.57B | 62.05B | 61.69B | 59.70B | 58.72B | 50.72B | 43.67B | 46.88B | |||||
| Enterprise Value | 80.85B | 78.86B | 83.77B | 88.85B | 87.63B | 74.56B | 74.05B | 72.07B | 71.39B | 63.31B | 55.35B | 58.73B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 2.59B | 2.41B | 2.53B | 2.36B | 2.35B | 2.08B | 1.91B | 1.93B | 1.97B | 1.99B | 1.92B | 1.87B | |||||
| Net Debt | 13.54B | 13.33B | 13.05B | 12.70B | 13.06B | 12.51B | 12.35B | 12.37B | 12.67B | 12.59B | 11.67B | 11.84B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
REPUBLIC SERVICES, INC. (RSG) — SEC Financial Statements & Analysis
REPUBLIC SERVICES, INC. (RSG) is a refuse systems company, incorporated in DE. REPUBLIC SERVICES, INC. trades on RSG: NYSE as: RSG. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), REPUBLIC SERVICES, INC. reported a 3.19% year-over-year revenue growth, a Gross Profit Margin of 42.01% (TTM), a Debt-to-Equity ratio of 0.31x, a Price-to-Sales (P/S) ratio of 4.03x (TTM), a Price-to-Book (P/B) ratio of 5.62 (TTM), at a market cap of $67.31B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 3.19%
- Gross Profit Margin TTM
- 42.01%
- Debt To Equity
- 0.31x
- P/S TTM
- 4.03x
- P/B TTM
- 5.62
- Market Cap
- $67.31B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is REPUBLIC SERVICES, INC. in?
REPUBLIC SERVICES, INC. (RSG) operates in the Refuse Systems industry.
What is RSG's market cap?
REPUBLIC SERVICES, INC. (RSG) has a market capitalization of $67.31B as of 2026-03-31.
What is RSG's P/E ratio?
REPUBLIC SERVICES, INC. (RSG)'s trailing twelve month P/E ratio is 31.03x as of 2026-03-31.
What exchange does RSG trade on?
REPUBLIC SERVICES, INC. (RSG) trades on the RSG: NYSE.
Where is REPUBLIC SERVICES, INC. incorporated?
REPUBLIC SERVICES, INC. is incorporated in DE.