Republic Services collects, transfers, and disposes of garbage and recyclables for residential households, businesses, and industrial clients across the U.S. It operates a network of collection trucks, transfer stations, landfills, and recycling facilities. The core business — hauling and landfilling waste — generates about 89% of revenue through service contracts and fees. The remaining ~11% comes from an Environmental Solutions segment that handles more specialized waste streams such as hazardous and industrial waste. Revenue is largely recurring, tied to long-term municipal and commercial contracts.
Employees42,000IPOJul 1, 1998SIC4953HQ5353 East City North Drive, Phoenix, AZ, USA, 85054
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Financials
Profitability
Metric
Current
Margins
Gross Margin
42.0%
Operating Margin
20.0%
EBITDA Margin
30.4%
Net Margin
12.9%
OCF Margin
26.9%
FCF Margin
15.7%
Returns on Capital
ROE
18.2%
ROA
6.4%
ROIC
8.6%
ROCE
10.4%
ROC (Greenblatt)
24.8%
3Y ROIIC
14.4%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
32.79
Forward P/E
31.82
P/E ex-NRI
32.11
Shiller P/E (CAPE)
44.11
Cash Flow Multiples
P/FCF
27.04
P/OCF
15.77
P/Owner Earnings
25.59
FCF Yield
3.75%
Enterprise Value Multiples
EV / EBIT
27.16
EV / Forward EBIT
25.07
EV / EBITDA
16.68
EV / Forward EBITDA
16.25
EV / Revenue
5.07
EV / Forward Revenue
4.97
Asset / Sales
P/S
4.22
P/B
5.89
P/Tangible Book
—
Growth-Adjusted
PEG
2.19
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.08%
Forward Dividend Yield
1.17%
3Y Dividend Growth
8.1%
Payout Ratio
0.35
5Y Yield on Cost
1.70%
Buybacks & Dilution
3Y Buyback Ratio
0.90%
5Y Share Change
−2.5%
Combined
Shareholder Yield
2.02%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
1.19
Gross Debt / EBITDA
2.78
Cash / Debt
0.01
Equity / Assets
0.34
Coverage
Interest Coverage
5.72
Short-Term Liquidity
Current Ratio
0.64
Quick Ratio
0.62
Cash Ratio
0.03
Composite Scores
Piotroski F-Score
4
Altman Z-Score
2.91
Split History
Date
Split
2007-03-19
1.5:1
Ex-date
Amount
Pay date
2026-07-02
$0.625
2026-07-15
2026-04-02
$0.625
2026-04-15
2026-01-02
$0.625
2026-01-15
2025-10-02
$0.625
2025-10-15
2025-07-02
$0.58
2025-07-15
2025-04-02
$0.58
2025-04-15
2025-01-02
$0.58
2025-01-15
2024-10-02
$0.58
2024-10-15
2024-07-02
$0.535
2024-07-15
2024-04-01
$0.535
2024-04-15
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View allDate
Transcript
Type
2026-05-07
Q1 2026 Republic Services Inc Earnings Call Transcript
Earnings Call
2026-02-17
Q4 2025 Republic Services Inc Earnings Call Transcript
Earnings Call
2025-10-30
Q3 2025 Republic Services Inc Earnings Call Transcript
Earnings Call
2025-07-29
Q2 2025 Republic Services Inc Earnings Call Transcript
Earnings Call
2025-04-24
Q1 2025 Republic Services Inc Earnings Call Transcript
Earnings Call
2025-02-13
Q4 2024 Republic Services Inc Earnings Call Transcript
Earnings Call
2024-10-29
Q3 2024 Republic Services Inc Earnings Call Transcript
Earnings Call
2024-07-24
Q2 2024 Republic Services Inc Earnings Call Transcript
Earnings Call
2024-04-30
Q1 2024 Republic Services Inc Earnings Call Transcript
Earnings Call
2024-02-27
Q4 2023 Republic Services Inc Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
18.15%
×
×
Net Margin %
12.94%
×
×
Operating Margin %
20.02%
Operating Income
$3.38B
÷
Revenue
$16.89B
×
Tax Burden
0.8522
Net Income
$2.19B
÷
Pretax Income
$2.56B
×
Interest Burden
0.7581
Pretax Income
$2.56B
÷
Operating Income
$3.38B
×
Asset Turnover
0.49
÷
Revenue
$16.89B
÷
Average Total Assets
$34.28B
Begin Total Assets
$33.40B
End Total Assets
$35.16B
×
Equity Multiplier
2.85
÷
Avg Total Assets
$34.28B
÷
Avg Stockholders Equity
$12.04B
Begin Equity
$12.05B
End Equity
$12.03B
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 17.8M | 5.77% | +945.5K | $3.80B |
| VANGUARD CAPITAL MANAGEMENT LLC | 13.1M | 4.23% | +3.4K | $2.78B |
| STATE STREET CORP | 10.0M | 3.22% | +160.1K | $2.12B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.1M | 2.30% | +2.9M | $1.52B |
| PRICE T ROWE ASSOCIATES INC /MD/ | 6.5M | 2.10% | +191.8K | — |
| MORGAN STANLEY | 4.9M | 1.59% | -129.9K | $1.05B |
| GEODE CAPITAL MANAGEMENT, LLC | 4.9M | 1.59% | +8.8K | $1.04B |
| FMR LLC | 4.5M | 1.47% | -106.8K | $968.26M |
| JPMORGAN CHASE & CO | 3.7M | 1.19% | +143.8K | $787.66M |
| BANK OF AMERICA CORP /DE/ | 3.2M | 1.04% | +1.3M | $682.57M |
10 of 1,314
View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| GATES WILLIAM H III10% owner | 117.1M | 37.9069% | $27.10B |
| Vander Ark JonOfficer | 126.1K | 0.0408% | $29.20M |
| LARSON MICHAELDirector | 58.4K | 0.0189% | $13.53M |
| Ellingsen Catharine DOfficer | 51.2K | 0.0166% | $11.86M |
| Bales Brian AOfficer | 21.0K | 0.0068% | $4.87M |
| Collins TomagoDirector | 20.1K | 0.0065% | $4.65M |
| DelGhiaccio Brian MOfficer | 17.2K | 0.0056% | $3.98M |
| Snee James PDirector | 13.9K | 0.0045% | $3.23M |
| Hodges AmandaOfficer | 13.9K | 0.0045% | $3.22M |
| Arambula JuliaOfficer | 12.3K | 0.0040% | $2.84M |
10 of 19
View allRecent insider activity
through Sep 11, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +7.6K | $1.68M | Sep 11, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +135.5K | $30.16M | Sep 11, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +176.5K | $39.40M | Sep 11, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +5.2K | $1.16M | Sep 11, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +108.1K | $23.96M | Sep 10, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +98.0K | $21.81M | Sep 10, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +47.8K | $10.68M | Sep 10, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +2.0K | $457.6K | Sep 10, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +32.8K | $7.22M | Sep 9, 2026 |
| GATES WILLIAM H III10% owner | Open-Market or Private Purchase | +213.6K | $47.23M | Sep 9, 2026 |
10 of 2,481
View all