Free Trial

Republic Services (RSG) Financials

Republic Services logo
$254.78 +1.92 (+0.76%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$255.00 +0.22 (+0.08%)
As of 04:14 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Republic Services

Annual Income Statements for Republic Services

This table shows Republic Services' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
2,043 1,731 1,488 1,290 967 1,073 1,037 1,278 613 750
Consolidated Net Income / (Loss)
2,044 1,731 1,488 1,292 970 1,074 1,038 1,279 613 750
Net Income / (Loss) Continuing Operations
2,044 1,731 1,488 1,292 970 1,074 1,038 1,279 613 750
Total Pre-Tax Income
2,432 2,191 1,832 1,575 1,143 1,296 1,321 1,282 966 1,196
Total Operating Income
3,196 2,780 2,392 2,076 1,709 1,787 1,736 1,669 1,538 1,559
Total Gross Profit
6,682 6,022 5,306 4,557 4,053 4,001 3,891 3,827 3,624 3,596
Total Revenue
16,032 14,965 13,511 11,295 10,154 10,299 10,041 10,042 9,388 9,115
Operating Revenue
16,032 14,965 13,511 11,295 10,154 10,299 10,041 10,042 9,388 9,115
Total Cost of Revenue
9,350 8,943 8,205 6,738 6,101 6,298 6,150 6,215 5,764 5,519
Operating Cost of Revenue
9,350 8,943 8,205 6,738 6,101 6,298 6,150 6,215 5,764 5,519
Total Operating Expenses
3,486 3,242 2,914 2,481 2,344 2,214 2,155 2,158 2,086 2,038
Selling, General & Admin Expense
1,674 1,609 1,454 1,196 1,053 1,092 1,060 1,057 970 983
Depreciation Expense
1,677 1,501 1,352 1,186 1,076 1,041 1,033 1,036 991 971
Other Operating Expenses / (Income)
107 98 89 83 83 82 81 80 79 79
Impairment Charge
-1.00 -4.00 -6.00 0.50 78 -15 -45 -34 -0.10 0.00
Restructuring Charge
29 33 27 17 20 14 26 18 41 0.00
Other Special Charges / (Income)
0.00 5.00 -2.00 0.00 35 0.00 0.00 1.20 5.60 4.50
Total Other Income / (Expense), net
-764 -589 -560 -501 -566 -491 -415 -386 -572 -363
Interest Expense
541 508 395 315 458 392 384 363 568 365
Interest & Investment Income
-246 -88 -163 -186 -113 -106 -34 -26 -5.20 0.80
Other Income / (Expense), net
23 7.00 -2.00 -0.50 4.10 6.40 3.40 2.70 1.10 1.20
Income Tax Expense
388 460 344 283 173 222 283 3.10 353 446
Net Income / (Loss) Attributable to Noncontrolling Interest
1.00 0.00 0.00 1.90 2.40 0.50 0.70 0.60 0.60 0.50
Basic Earnings per Share
$6.50 $5.47 $4.70 $4.05 $3.03 $3.34 $3.17 $3.79 $1.79 $2.14
Weighted Average Basic Shares Outstanding
314.40M 316.18M 316.53M 318.81M 319.28M 321.06M 326.90M 337.10M 343.02M 349.98M
Diluted Earnings per Share
$6.49 $5.47 $4.69 $4.04 $3.02 $3.33 $3.16 $3.77 $1.78 $2.13
Weighted Average Diluted Shares Outstanding
314.81M 316.67M 317.08M 319.43M 319.84M 321.99M 328.38M 339M 344.39M 351.39M
Weighted Average Basic & Diluted Shares Outstanding
312.28M 314.61M 316.04M 316.43M 318.90M 319.06M 327.10M 337.30M 342.20M 339.13M
Cash Dividends to Common per Share
$2.23 $2.06 $1.91 $1.77 $1.66 $1.56 $1.44 $1.33 $1.24 $1.16

Quarterly Income Statements for Republic Services

This table shows Republic Services' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
495 512 566 512 454 440 480 427 384 347 417
Consolidated Net Income / (Loss)
495 513 566 512 454 439 480 428 384 347 417
Net Income / (Loss) Continuing Operations
495 513 566 512 454 439 480 428 384 347 417
Total Pre-Tax Income
665 533 647 654 599 482 606 580 522 374 508
Total Operating Income
804 804 846 814 733 701 728 707 644 578 664
Total Gross Profit
1,695 1,729 1,709 1,665 1,579 1,567 1,542 1,502 1,412 1,348 1,404
Total Revenue
4,009 4,046 4,076 4,048 3,862 3,832 3,826 3,726 3,581 3,530 3,598
Operating Revenue
4,009 4,046 4,076 4,048 3,862 3,832 3,826 3,726 3,581 3,530 3,598
Total Cost of Revenue
2,314 2,317 2,367 2,383 2,283 2,265 2,284 2,224 2,170 2,182 2,194
Operating Cost of Revenue
2,314 2,317 2,367 2,383 2,283 2,265 2,284 2,224 2,170 2,182 2,194
Total Operating Expenses
891 925 863 852 846 866 814 794 768 771 739
Selling, General & Admin Expense
427 446 406 408 414 432 402 396 379 395 361
Depreciation Expense
434 443 422 413 399 402 382 358 359 350 354
Other Operating Expenses / (Income)
28 27 27 27 27 25 25 25 24 22 23
Impairment Charge
-2.00 - 0.50 -1.40 - - -1.50 0.00 - - -5.20
Restructuring Charge
4.00 9.20 8.20 5.70 5.90 5.70 6.30 16 5.50 8.30 6.80
Total Other Income / (Expense), net
-139 -271 -199 -160 -134 -219 -122 -127 -122 -204 -157
Interest Expense
140 133 141 128 139 129 128 124 127 112 105
Interest & Investment Income
-10 -138 -69 -32 -7.20 -93 4.80 -2.00 2.40 -96 -51
Other Income / (Expense), net
11 -0.60 10 0.70 13 3.80 1.30 -0.60 2.50 4.50 -0.30
Income Tax Expense
170 20 81 142 145 43 126 153 138 27 91
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 0.50 0.20 0.40 -0.10 -0.30 0.10 0.20 0.00 0.20 0.00
Basic Earnings per Share
$1.58 $1.64 $1.80 $1.62 $1.44 $1.39 $1.52 $1.35 $1.21 $1.09 $1.32
Weighted Average Basic Shares Outstanding
312.97M 314.40M 314.00M 314.91M 315.29M 316.18M 316.06M 316.85M 316.71M 316.53M 316.51M
Diluted Earnings per Share
$1.58 $1.63 $1.80 $1.62 $1.44 $1.39 $1.52 $1.35 $1.21 $1.09 $1.32
Weighted Average Diluted Shares Outstanding
313.28M 314.81M 314.37M 315.24M 315.69M 316.67M 316.56M 317.31M 317.14M 317.08M 317.05M
Weighted Average Basic & Diluted Shares Outstanding
312.50M 312.28M 313.15M 314.07M 314.93M 314.61M 314.64M 316.33M 316.28M 316.04M 316.00M
Cash Dividends to Common per Share
$0.58 $0.58 $0.58 $0.54 $0.54 $0.53 $0.54 $0.50 $0.50 $0.50 $0.50

Annual Cash Flow Statements for Republic Services

This table details how cash moves in and out of Republic Services' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-25 14 108 -8.60 -63 44 -46 66 27 -43
Net Cash From Operating Activities
3,936 3,618 3,190 2,787 2,472 2,352 2,243 1,911 1,848 1,680
Net Cash From Continuing Operating Activities
3,912 3,618 3,190 2,787 2,472 2,352 2,243 1,911 1,848 1,680
Net Income / (Loss) Continuing Operations
2,044 1,731 1,488 1,292 970 1,074 1,038 1,279 613 750
Consolidated Net Income / (Loss)
2,044 1,731 1,488 1,292 970 1,074 1,038 1,279 613 750
Depreciation Expense
1,784 1,599 1,441 1,268 1,159 1,122 1,114 1,116 1,070 1,050
Non-Cash Adjustments To Reconcile Net Income
306 220 254 278 344 166 80 70 256 -0.70
Changes in Operating Assets and Liabilities, net
-222 68 7.00 -52 -0.50 -10 11 -555 -91 -120
Net Cash From Investing Activities
-2,561 -3,667 -4,423 -2,466 -1,923 -1,719 -1,229 -1,330 -965 -1,483
Net Cash From Continuing Investing Activities
-2,561 -3,667 -4,423 -2,466 -1,923 -1,719 -1,229 -1,330 -965 -1,483
Purchase of Property, Plant & Equipment
-1,855 -1,631 -1,454 -1,316 -1,195 -1,207 -1,072 -990 -928 -946
Acquisitions
-753 -2,065 -3,039 -1,222 -770 -575 -277 -352 -62 -573
Purchase of Investments
-26 -29 -20 -31 -33 -15 -38 -19 -30 -
Sale of Property, Plant & Equipment
47 29 33 20 30 22 32 6.10 9.80 21
Divestitures
2.00 6.00 51 46 33 43 89 4.70 15 0.00
Sale and/or Maturity of Investments
24 13 20 38 11 14 38 18 32 -
Other Investing Activities, net
0.00 10 -14 -1.00 0.00 -0.10 -0.30 1.00 -1.30 14
Net Cash From Financing Activities
-1,398 62 1,344 -329 -612 -589 -1,060 -514 -857 -240
Net Cash From Continuing Financing Activities
-1,398 62 1,344 -329 -612 -589 -1,060 -514 -857 -240
Repayment of Debt
-25,109 -40,411 -14,282 -5,305 -5,321 -5,328 -5,001 -4,923 -4,484 -914
Repurchase of Common Equity
-496 -263 -216 -264 -99 -399 -737 -611 -404 -405
Payment of Dividends
-687 -638 -594 -586 -523 -491 -462 -441 -420 -400
Issuance of Debt
24,909 41,393 16,446 5,847 5,342 5,638 5,129 5,433 4,401 1,416
Other Financing Activities, net
-15 -19 -10 -21 -16 -17 -12 -9.20 - -3.20
Other Net Changes in Cash
-2.00 - - - - - - - - -

Quarterly Cash Flow Statements for Republic Services

This table details how cash moves in and out of Republic Services' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
21 -3.50 -386 433 -69 -26 -19 66 -7.60 66 -36
Net Cash From Operating Activities
1,025 1,022 1,003 1,099 812 899 953 1,079 688 810 817
Net Cash From Continuing Operating Activities
1,025 998 1,003 1,099 812 899 953 1,079 688 810 817
Net Income / (Loss) Continuing Operations
495 513 566 512 454 439 480 428 384 347 417
Consolidated Net Income / (Loss)
495 513 566 512 454 439 480 428 384 347 417
Depreciation Expense
462 470 449 440 426 426 407 383 383 372 377
Non-Cash Adjustments To Reconcile Net Income
39 109 82 76 39 118 38 35 29 108 70
Changes in Operating Assets and Liabilities, net
29 -93 -93 72 -107 -85 27 233 -108 -18 -47
Net Cash From Investing Activities
-1,288 -813 -636 -434 -679 -1,566 -427 -1,021 -653 -722 -417
Net Cash From Continuing Investing Activities
-1,288 -813 -636 -434 -679 -1,566 -427 -1,021 -653 -722 -417
Purchase of Property, Plant & Equipment
-459 -498 -440 -403 -515 -548 -369 -336 -379 -529 -278
Acquisitions
-834 -353 -199 -35 -166 -1,014 -63 -697 -291 -191 -193
Purchase of Investments
-3.00 -8.10 -0.90 -5.00 -12 -15 -4.10 -5.20 -4.50 -4.30 -6.60
Sale of Property, Plant & Equipment
3.00 38 3.30 2.90 2.40 4.00 7.90 11 6.00 9.00 4.00
Divestitures
3.00 -0.50 0.80 1.70 0.00 4.30 2.00 0.40 -0.70 0.90 50
Sale and/or Maturity of Investments
2.00 7.60 - 4.90 12 -0.10 4.00 4.70 4.40 4.60 6.90
Net Cash From Financing Activities
284 -210 -754 -233 -201 641 -546 8.30 -42 -22 -433
Net Cash From Continuing Financing Activities
284 -210 -754 -233 -201 641 -546 8.30 -42 -22 -433
Repayment of Debt
-12,018 -9,163 -4,672 -4,833 -6,441 -12,570 -11,554 -8,557 -7,730 -5,810 -5,445
Repurchase of Common Equity
-74 -158 -150 -163 -25 -68 -188 4.00 -11 0.40 2.60
Payment of Dividends
-181 -182 -168 -169 -169 -169 -157 -157 -156 -157 -146
Issuance of Debt
12,558 9,293 4,243 4,936 6,437 13,453 11,355 8,726 7,859 5,950 5,158
Other Financing Activities, net
-1.00 -0.80 -6.20 -4.70 -3.30 -4.90 -2.50 -7.40 -4.20 -5.50 -1.60
Effect of Exchange Rate Changes
0.00 - 0.40 1.20 -0.50 0.80 -0.30 0.50 0.00 0.10 -3.00

Annual Balance Sheets for Republic Services

This table presents Republic Services' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
32,402 31,410 29,053 24,955 23,434 22,684 21,617 21,147 20,630 20,536
Total Current Assets
2,406 2,381 2,357 1,711 1,522 1,606 1,564 1,437 1,285 1,230
Cash & Equivalents
74 140 143 29 38 47 71 83 68 32
Accounts Receivable
1,821 1,768 1,677 1,271 1,091 1,126 1,103 1,106 995 963
Other Current Assets
511 473 537 410 392 433 391 248 222 235
Plant, Property, & Equipment, net
11,877 11,351 10,744 9,232 0.00 0.00 8,020 7,777 7,589 7,553
Total Noncurrent Assets
18,119 17,678 15,952 14,012 21,912 21,078 12,033 11,933 11,757 11,753
Long-Term Investments
208 164 128 139 149 179 108 141 91 100
Goodwill
15,982 15,834 14,452 12,826 12,046 11,633 11,400 11,315 11,163 11,146
Intangible Assets
546 496 347 260 173 134 107 141 182 246
Other Noncurrent Operating Assets
1,383 1,184 1,026 788 9,544 9,131 418 335 321 261
Total Liabilities & Shareholders' Equity
32,402 31,410 29,053 24,955 23,434 22,684 21,617 21,147 20,630 20,536
Total Liabilities
20,995 20,867 19,366 15,975 14,945 14,563 13,688 13,186 12,936 12,759
Total Current Liabilities
4,128 4,228 3,391 2,416 2,282 3,065 2,719 2,635 1,812 1,835
Short-Term Debt
862 932 456 8.20 168 930 691 707 5.80 5.50
Accounts Payable
1,345 1,412 1,222 910 779 778 762 598 554 577
Accrued Expenses
1,335 1,313 1,191 1,054 935 947 729 943 868 866
Current Deferred Revenue
485 467 443 381 346 336 339 312 313 314
Other Current Nonoperating Liabilities
101 104 79 62 55 74 69 75 72 72
Total Noncurrent Liabilities
16,867 16,639 15,975 13,560 12,663 11,498 10,969 10,551 11,124 10,925
Long-Term Debt
11,851 11,887 11,330 9,546 8,766 7,759 7,647 7,481 7,653 7,527
Asset Retirement Reserve & Litigation Obligation
2,834 2,630 2,456 2,142 1,977 1,980 1,972 1,962 1,959 1,956
Noncurrent Deferred & Payable Income Tax Liabilities
1,594 1,527 1,529 1,230 1,239 1,181 1,028 796 1,210 1,132
Other Noncurrent Operating Liabilities
588 595 661 642 682 579 321 312 301 309
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
11,407 10,543 9,687 8,980 8,489 8,121 7,930 7,961 7,694 7,777
Total Preferred & Common Equity
11,405 10,542 9,686 8,979 8,484 8,118 7,927 7,959 7,691 7,774
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
11,405 10,542 9,686 8,979 8,484 8,118 7,927 7,959 7,691 7,774
Common Stock
1,770 2,904 2,846 2,793 2,745 4,998 4,928 4,843 4,768 4,681
Retained Earnings
9,774 8,434 7,356 6,476 5,752 5,317 4,751 4,153 3,324 3,138
Treasury Stock
-113 -784 -505 -275 -0.10 -2,200 -1,783 -1,059 -415 -15
Accumulated Other Comprehensive Income / (Loss)
-26 -12 -12 -15 -12 2.20 31 23 14 -31
Noncontrolling Interest
2.00 1.00 0.80 0.80 4.90 2.70 2.40 2.30 2.40 2.50

Quarterly Balance Sheets for Republic Services

This table presents Republic Services' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
33,103 32,402 31,814 31,934 31,382 31,410 30,043 29,823 29,081 29,053 28,401
Total Current Assets
2,321 2,406 2,348 2,660 2,274 2,381 2,348 2,262 2,241 2,357 2,199
Cash & Equivalents
83 74 83 491 92 140 158 182 132 143 81
Accounts Receivable
1,854 1,821 1,848 1,818 1,763 1,768 1,830 1,740 1,686 1,677 1,699
Other Current Assets
384 511 418 351 419 473 361 340 423 537 419
Plant, Property, & Equipment, net
11,949 11,877 11,526 11,447 11,311 11,351 10,701 10,562 10,659 10,744 0.00
Total Noncurrent Assets
18,833 18,119 17,940 17,828 17,798 17,678 16,993 17,000 16,181 15,952 26,202
Long-Term Investments
222 208 203 178 143 164 153 150 133 128 122
Goodwill
16,585 15,982 15,883 15,865 15,852 15,834 15,291 15,354 14,622 14,452 14,194
Intangible Assets
632 546 455 463 483 496 447 432 356 347 399
Other Noncurrent Operating Assets
1,394 1,383 1,399 1,322 1,319 1,184 1,102 1,065 1,071 1,026 11,486
Total Liabilities & Shareholders' Equity
33,103 32,402 31,814 31,934 31,382 31,410 30,043 29,823 29,081 29,053 28,401
Total Liabilities
21,438 20,995 20,584 20,928 20,561 20,867 19,710 19,619 19,164 19,366 18,911
Total Current Liabilities
3,491 4,128 3,642 4,534 4,326 4,228 4,069 2,988 3,029 3,391 3,164
Short-Term Debt
421 862 513 1,433 1,432 932 932 153 457 456 456
Accounts Payable
1,154 1,345 1,225 1,286 1,179 1,412 1,198 1,098 984 1,222 1,024
Accrued Expenses
1,292 1,335 1,303 1,240 1,136 1,313 1,366 1,177 1,058 1,191 1,163
Current Deferred Revenue
504 485 486 473 472 467 485 467 467 443 463
Other Current Nonoperating Liabilities
120 101 114 103 106 104 88 93 63 79 58
Total Noncurrent Liabilities
17,947 16,867 16,943 16,394 16,235 16,639 15,642 16,631 16,135 15,975 15,747
Long-Term Debt
12,862 11,851 12,047 11,527 11,400 11,887 10,993 11,960 11,468 11,330 11,180
Asset Retirement Reserve & Litigation Obligation
2,893 2,834 2,729 2,698 2,655 2,630 2,578 2,544 2,482 2,456 2,401
Noncurrent Deferred & Payable Income Tax Liabilities
1,612 1,594 1,591 1,569 1,578 1,527 1,475 1,517 1,557 1,529 1,482
Other Noncurrent Operating Liabilities
580 588 575 600 603 595 596 610 629 661 684
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
11,665 11,407 11,230 11,006 10,821 10,543 10,332 10,205 9,917 9,687 9,491
Total Preferred & Common Equity
11,663 11,405 11,229 11,005 10,820 10,542 10,331 10,204 9,917 9,686 9,490
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
11,663 11,405 11,229 11,005 10,820 10,542 10,331 10,204 9,917 9,686 9,490
Common Stock
1,787 1,770 2,949 2,935 2,919 2,904 2,891 2,877 2,862 2,846 2,834
Retained Earnings
10,087 9,774 9,444 9,061 8,718 8,434 8,164 7,853 7,583 7,356 7,167
Treasury Stock
-180 -113 -1,146 -982 -812 -784 -721 -519 -519 -505 -501
Accumulated Other Comprehensive Income / (Loss)
-31 -26 -19 -9.10 -5.30 -12 -2.50 -6.70 -9.30 -12 -11
Noncontrolling Interest
2.00 2.00 1.40 1.20 0.80 1.00 1.10 1.00 0.80 0.80 0.60

Annual Metrics And Ratios for Republic Services

This table displays calculated financial ratios and metrics derived from Republic Services' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
7.13% 10.76% 19.62% 11.24% -1.42% 2.57% -0.01% 6.96% 2.99% 3.54%
EBITDA Growth
14.07% 14.49% 14.57% 16.43% -1.51% 2.20% 2.37% 6.84% -0.05% 17.58%
EBIT Growth
15.50% 16.61% 15.14% 21.16% -4.48% 3.13% 4.07% 8.62% -1.37% 26.34%
NOPAT Growth
22.30% 13.05% 14.06% 17.46% -2.08% 8.62% -18.08% 70.53% -0.21% 28.17%
Net Income Growth
18.08% 16.33% 15.14% 33.28% -9.70% 3.49% -18.87% 108.58% -18.28% 36.96%
EPS Growth
18.65% 16.63% 16.09% 33.77% -9.31% 5.38% -16.18% 111.80% -16.43% 39.22%
Operating Cash Flow Growth
8.79% 13.42% 14.47% 12.75% 5.08% 4.87% 17.38% 3.40% 10.01% 9.80%
Free Cash Flow Firm Growth
506.76% 134.60% -260.78% -30.76% -16.74% -18.60% 29.32% -4.52% 145.73% -42.21%
Invested Capital Growth
3.35% 8.84% 15.48% 6.58% 3.80% 3.09% 0.99% 4.80% 0.00% 3.96%
Revenue Q/Q Growth
1.36% 2.06% 4.46% 3.48% -0.03% 0.46% -0.30% 1.83% 0.96% 0.68%
EBITDA Q/Q Growth
2.89% 4.21% 3.62% 3.06% -0.72% -0.47% 2.14% 1.45% 1.44% 8.52%
EBIT Q/Q Growth
3.12% 4.63% 3.53% 3.36% -1.77% -1.06% 4.48% 1.08% 2.42% 13.69%
NOPAT Q/Q Growth
4.94% 5.05% 0.11% 4.69% 0.13% 3.14% -26.15% 60.35% 1.92% 14.97%
Net Income Q/Q Growth
3.70% 5.63% 2.36% 6.32% -5.25% -1.02% -25.94% 59.06% 2.89% 19.40%
EPS Q/Q Growth
3.84% 5.80% 2.40% 6.60% -5.33% -0.60% -24.76% 59.07% 4.09% 19.66%
Operating Cash Flow Q/Q Growth
3.24% 2.51% 5.32% 3.20% -0.11% 3.04% -1.44% 2.16% 7.76% -4.17%
Free Cash Flow Firm Q/Q Growth
95.68% -69.67% 12.59% 92.79% -36.27% -2.37% -1.06% 2.23% 12.66% -3.51%
Invested Capital Q/Q Growth
1.36% 5.12% 1.43% 2.38% 3.74% 0.95% 0.55% 3.61% -0.31% 0.28%
Profitability Metrics
- - - - - - - - - -
Gross Margin
41.68% 40.24% 39.27% 40.35% 39.92% 38.85% 38.75% 38.11% 38.60% 39.46%
EBITDA Margin
31.21% 29.31% 28.35% 29.61% 28.29% 28.31% 28.42% 27.76% 27.79% 28.63%
Operating Margin
19.94% 18.58% 17.70% 18.38% 16.83% 17.35% 17.29% 16.62% 16.38% 17.10%
EBIT Margin
20.08% 18.62% 17.69% 18.38% 16.87% 17.41% 17.32% 16.64% 16.39% 17.11%
Profit (Net Income) Margin
12.75% 11.57% 11.01% 11.44% 9.55% 10.43% 10.33% 12.74% 6.53% 8.23%
Tax Burden Percent
84.05% 79.01% 81.22% 82.05% 84.85% 82.87% 78.55% 99.76% 63.48% 62.75%
Interest Burden Percent
75.55% 78.62% 76.65% 75.88% 66.70% 72.25% 75.95% 76.72% 62.78% 76.66%
Effective Tax Rate
15.95% 21.00% 18.78% 17.95% 15.15% 17.13% 21.45% 0.24% 36.52% 37.25%
Return on Invested Capital (ROIC)
11.41% 9.88% 9.79% 9.54% 8.54% 9.03% 8.48% 10.65% 6.39% 6.53%
ROIC Less NNEP Spread (ROIC-NNEP)
6.30% 6.04% 5.46% 5.03% 3.00% 4.17% 4.47% 5.71% 1.60% 3.39%
Return on Net Nonoperating Assets (RNNOA)
7.22% 7.23% 6.16% 5.26% 3.13% 4.35% 4.58% 5.69% 1.58% 3.19%
Return on Equity (ROE)
18.62% 17.11% 15.94% 14.80% 11.68% 13.38% 13.06% 16.34% 7.97% 9.72%
Cash Return on Invested Capital (CROIC)
8.11% 1.42% -4.58% 3.17% 4.81% 5.98% 7.50% 5.96% 6.39% 2.65%
Operating Return on Assets (OROA)
10.09% 9.22% 8.85% 8.58% 7.43% 8.10% 8.13% 8.00% 7.46% 7.66%
Return on Assets (ROA)
6.41% 5.73% 5.51% 5.34% 4.20% 4.85% 4.85% 6.12% 2.97% 3.69%
Return on Common Equity (ROCE)
18.62% 17.11% 15.94% 14.79% 11.67% 13.38% 13.06% 16.34% 7.97% 9.72%
Return on Equity Simple (ROE_SIMPLE)
17.92% 16.42% 15.36% 14.39% 11.43% 13.23% 13.09% 16.07% 7.97% 9.76%
Net Operating Profit after Tax (NOPAT)
2,686 2,196 1,943 1,703 1,450 1,481 1,364 1,664 976 978
NOPAT Margin
16.75% 14.68% 14.38% 15.08% 14.28% 14.38% 13.58% 16.58% 10.40% 10.73%
Net Nonoperating Expense Percent (NNEP)
5.11% 3.84% 4.32% 4.51% 5.54% 4.86% 4.01% 4.94% 4.79% 3.14%
Return On Investment Capital (ROIC_SIMPLE)
11.14% 9.40% 9.05% - - - - - - -
Cost of Revenue to Revenue
58.32% 59.76% 60.73% 59.65% 60.08% 61.15% 61.25% 61.89% 61.40% 60.54%
SG&A Expenses to Revenue
10.44% 10.75% 10.76% 10.59% 10.37% 10.60% 10.55% 10.53% 10.33% 10.79%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
21.74% 21.66% 21.57% 21.97% 23.09% 21.49% 21.46% 21.49% 22.22% 22.35%
Earnings before Interest and Taxes (EBIT)
3,219 2,787 2,390 2,076 1,713 1,794 1,739 1,671 1,539 1,560
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
5,003 4,386 3,831 3,344 2,872 2,916 2,853 2,787 2,609 2,610
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
5.51 4.87 4.10 4.76 3.44 3.29 2.71 2.55 2.22 1.71
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
3.92 3.43 2.94 3.78 2.88 2.59 2.14 2.02 1.82 1.44
Price to Earnings (P/E)
30.75 29.64 26.72 33.13 30.21 24.89 20.69 15.88 27.86 17.50
Dividend Yield
1.09% 1.26% 1.52% 1.31% 1.81% 1.86% 2.18% 2.19% 2.47% 3.86%
Earnings Yield
3.25% 3.37% 3.74% 3.02% 3.31% 4.02% 4.83% 6.30% 3.59% 5.71%
Enterprise Value to Invested Capital (EV/IC)
3.14 2.76 2.41 2.83 2.20 2.11 1.83 1.77 1.61 1.35
Enterprise Value to Revenue (EV/Rev)
4.69 4.26 3.79 4.62 3.74 3.42 2.95 2.81 2.62 2.26
Enterprise Value to EBITDA (EV/EBITDA)
15.04 14.55 13.38 15.59 13.22 12.06 10.38 10.14 9.42 7.90
Enterprise Value to EBIT (EV/EBIT)
23.38 22.90 21.45 25.12 22.17 19.61 17.03 16.91 15.97 13.22
Enterprise Value to NOPAT (EV/NOPAT)
28.02 29.06 26.38 30.61 26.19 23.75 21.72 16.98 25.17 21.09
Enterprise Value to Operating Cash Flow (EV/OCF)
19.12 17.64 16.07 18.71 15.36 14.96 13.21 14.79 13.30 12.28
Enterprise Value to Free Cash Flow (EV/FCFF)
39.42 202.83 0.00 92.19 46.49 35.86 24.58 30.33 25.17 51.93
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.11 1.22 1.22 1.06 1.05 1.07 1.05 1.03 1.00 1.00
Long-Term Debt to Equity
1.04 1.13 1.17 1.06 1.03 0.96 0.96 0.94 0.99 0.99
Financial Leverage
1.15 1.20 1.13 1.04 1.04 1.04 1.02 1.00 0.98 0.94
Leverage Ratio
2.91 2.99 2.89 2.77 2.78 2.76 2.69 2.67 2.68 2.64
Compound Leverage Factor
2.20 2.35 2.22 2.10 1.85 1.99 2.04 2.05 1.68 2.02
Debt to Total Capital
52.71% 54.87% 54.89% 51.55% 51.28% 51.69% 51.25% 50.70% 49.89% 49.89%
Short-Term Debt to Total Capital
3.57% 3.99% 2.12% 0.04% 0.96% 5.53% 4.25% 4.38% 0.04% 0.04%
Long-Term Debt to Total Capital
49.13% 50.88% 52.76% 51.51% 50.31% 46.16% 47.01% 46.32% 49.85% 49.85%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.01% 0.00% 0.00% 0.00% 0.03% 0.02% 0.01% 0.01% 0.02% 0.02%
Common Equity to Total Capital
47.28% 45.12% 45.11% 48.45% 48.69% 48.30% 48.73% 49.29% 50.10% 50.10%
Debt to EBITDA
2.54 2.92 3.08 2.86 3.11 2.98 2.92 2.94 2.94 2.93
Net Debt to EBITDA
2.48 2.85 3.01 2.81 3.05 2.90 2.86 2.86 2.88 2.87
Long-Term Debt to EBITDA
2.37 2.71 2.96 2.85 3.05 2.66 2.68 2.68 2.93 2.93
Debt to NOPAT
4.73 5.84 6.07 5.61 6.16 5.87 6.11 4.92 7.85 7.83
Net Debt to NOPAT
4.63 5.70 5.93 5.51 6.03 5.71 5.98 4.78 7.68 7.67
Long-Term Debt to NOPAT
4.41 5.41 5.83 5.60 6.04 5.24 5.61 4.49 7.84 7.82
Altman Z-Score
2.98 2.55 2.28 2.66 2.15 2.07 1.91 1.87 1.69 1.49
Noncontrolling Interest Sharing Ratio
0.01% 0.01% 0.01% 0.03% 0.05% 0.03% 0.03% 0.03% 0.03% 0.03%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.58 0.56 0.70 0.71 0.67 0.52 0.58 0.55 0.71 0.71
Quick Ratio
0.46 0.45 0.54 0.54 0.50 0.38 0.43 0.45 0.59 0.59
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,909 315 -909 566 817 981 1,205 932 976 397
Operating Cash Flow to CapEx
217.70% 225.84% 224.49% 214.89% 212.25% 198.42% 215.61% 194.24% 201.29% 181.71%
Free Cash Flow to Firm to Interest Expense
3.53 0.62 -2.30 1.80 1.79 2.50 3.14 2.57 1.72 1.09
Operating Cash Flow to Interest Expense
7.28 7.12 8.08 8.86 5.40 6.00 5.84 5.27 3.26 4.60
Operating Cash Flow Less CapEx to Interest Expense
3.93 3.97 4.48 4.74 2.86 2.98 3.13 2.56 1.64 2.07
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.50 0.50 0.50 0.47 0.44 0.47 0.47 0.48 0.46 0.45
Accounts Receivable Turnover
8.93 8.69 9.16 9.56 9.16 9.24 9.09 9.56 9.44 9.47
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
1.38 1.35 1.35 0.00 0.00 0.00 1.27 1.31 1.24 1.24
Accounts Payable Turnover
6.78 6.79 7.70 7.98 7.84 8.18 9.05 10.79 10.41 10.21
Days Sales Outstanding (DSO)
40.86 42.01 39.83 38.18 39.85 39.49 40.14 38.18 38.68 38.55
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
53.81 53.75 47.42 45.75 46.58 44.61 40.35 33.83 35.07 35.75
Cash Conversion Cycle (CCC)
-12.96 -11.73 -7.59 -7.57 -6.72 -5.12 -0.20 4.35 3.61 2.79
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
23,939 23,162 21,280 18,428 17,290 16,657 16,157 15,999 15,266 15,266
Invested Capital Turnover
0.68 0.67 0.68 0.63 0.60 0.63 0.62 0.64 0.61 0.61
Increase / (Decrease) in Invested Capital
777 1,882 2,852 1,138 633 500 158 733 0.00 581
Enterprise Value (EV)
75,251 63,817 51,260 52,134 37,976 35,180 29,619 28,264 24,572 20,625
Market Capitalization
62,818 51,301 39,744 42,747 29,224 26,715 21,458 20,299 17,069 13,122
Book Value per Share
$36.42 $33.51 $30.65 $28.32 $26.62 $25.44 $24.42 $23.81 $22.62 $22.15
Tangible Book Value per Share
($16.36) ($18.40) ($16.18) ($12.95) ($11.72) ($11.43) ($11.03) ($10.47) ($10.75) ($10.52)
Total Capital
24,120 23,362 21,472 18,534 17,423 16,809 16,267 16,149 15,353 15,353
Total Debt
12,713 12,819 11,786 9,554 8,934 8,689 8,338 8,187 7,659 7,659
Total Long-Term Debt
11,851 11,887 11,330 9,546 8,766 7,759 7,647 7,481 7,653 7,653
Net Debt
12,431 12,515 11,515 9,386 8,747 8,462 8,159 7,963 7,501 7,501
Capital Expenditures (CapEx)
1,808 1,602 1,421 1,297 1,165 1,185 1,040 984 918 924
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-934 -1,055 -721 -726 -630 -576 -534 -575 -590 -590
Debt-free Net Working Capital (DFNWC)
-860 -915 -578 -697 -592 -529 -464 -491 -522 -522
Net Working Capital (NWC)
-1,722 -1,847 -1,034 -705 -760 -1,459 -1,154 -1,198 -528 -528
Net Nonoperating Expense (NNE)
642 465 455 411 481 407 326 385 363 228
Net Nonoperating Obligations (NNO)
12,532 12,619 11,594 9,449 8,802 8,536 8,227 8,038 7,572 7,572
Total Depreciation and Amortization (D&A)
1,784 1,599 1,441 1,268 1,159 1,122 1,114 1,116 1,070 1,050
Debt-free, Cash-free Net Working Capital to Revenue
-5.83% -7.05% -5.34% -6.42% -6.21% -5.59% -5.32% -5.72% -6.28% -6.47%
Debt-free Net Working Capital to Revenue
-5.36% -6.11% -4.28% -6.17% -5.83% -5.13% -4.62% -4.89% -5.56% -5.72%
Net Working Capital to Revenue
-10.74% -12.34% -7.65% -6.24% -7.49% -14.16% -11.50% -11.93% -5.62% -5.79%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$6.50 $5.47 $4.70 $4.05 $3.03 $3.34 $3.17 $3.79 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
314.40M 316.18M 316.53M 318.81M 319.28M 321.10M 326.90M 337.05M 0.00 0.00
Adjusted Diluted Earnings per Share
$6.49 $5.47 $4.69 $4.04 $3.02 $3.33 $3.16 $3.77 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
314.81M 316.67M 317.08M 319.43M 319.84M 322M 328.38M 338.98M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
312.28M 314.61M 316.04M 316.43M 318.90M 319.06M 321.62M 331.21M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
2,710 2,223 1,958 1,717 1,562 1,481 1,349 1,649 1,005 981
Normalized NOPAT Margin
16.90% 14.86% 14.49% 15.21% 15.39% 14.38% 13.43% 16.43% 10.71% 10.76%
Pre Tax Income Margin
15.17% 14.64% 13.56% 13.95% 11.25% 12.58% 13.16% 12.77% 10.29% 13.12%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
5.95 5.49 6.05 6.60 3.74 4.58 4.53 4.61 2.71 4.28
NOPAT to Interest Expense
4.97 4.32 4.92 5.41 3.17 3.78 3.55 4.59 1.72 2.68
EBIT Less CapEx to Interest Expense
2.61 2.33 2.45 2.48 1.20 1.55 1.82 1.90 1.09 1.74
NOPAT Less CapEx to Interest Expense
1.62 1.17 1.32 1.29 0.62 0.75 0.84 1.88 0.10 0.15
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
33.61% 36.86% 39.92% 45.33% 53.91% 45.74% 44.56% 34.50% 68.43% 53.28%
Augmented Payout Ratio
57.88% 52.05% 54.44% 65.77% 64.10% 82.94% 115.58% 82.24% 134.28% 107.21%

Quarterly Metrics And Ratios for Republic Services

This table displays calculated financial ratios and metrics derived from Republic Services' official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
3.81% 5.58% 6.54% 8.64% 7.84% 8.57% 6.34% 9.15% 20.57% 19.53% 22.63%
EBITDA Growth
8.96% 12.51% 14.86% 15.14% 13.78% 18.53% 9.17% 15.29% 15.52% 16.32% 17.54%
EBIT Growth
9.25% 13.94% 17.43% 15.27% 15.28% 21.08% 9.80% 20.79% 15.67% 16.26% 17.88%
NOPAT Growth
7.72% 21.16% 28.43% 22.21% 17.21% 18.93% 5.71% 13.67% 13.36% -5.42% 29.70%
Net Income Growth
9.03% 16.69% 17.82% 19.71% 18.18% 26.42% 15.21% 15.01% 9.09% 10.96% 18.84%
EPS Growth
9.72% 17.27% 18.42% 20.00% 19.01% 27.52% 15.15% 15.38% 9.01% 11.22% 20.00%
Operating Cash Flow Growth
26.39% 13.72% 5.25% 1.94% 18.00% 10.95% 16.69% 25.76% -2.54% 24.83% 24.70%
Free Cash Flow Firm Growth
51.75% 99.69% -76.90% -12.89% 50.20% 46.29% 80.42% 78.82% -239.63% -305.80% -166.70%
Invested Capital Growth
5.27% 3.35% 7.19% 5.98% 8.70% 8.84% 5.02% 5.38% 16.98% 15.48% 16.56%
Revenue Q/Q Growth
-0.92% -0.74% 0.70% 4.82% 0.79% 0.16% 2.68% 4.04% 1.45% -1.90% 5.40%
EBITDA Q/Q Growth
0.35% -2.48% 4.03% 7.10% 3.45% -0.44% 4.29% 5.83% 7.91% -8.30% 10.14%
EBIT Q/Q Growth
1.51% -6.23% 5.12% 9.27% 5.67% -3.35% 3.18% 9.28% 11.21% -12.35% 13.50%
NOPAT Q/Q Growth
-22.60% 4.42% 16.24% 14.74% -13.02% 10.68% 10.62% 10.05% -11.71% -1.62% 18.95%
Net Income Q/Q Growth
-3.41% -9.44% 10.55% 12.83% 3.21% -8.56% 12.32% 11.38% 10.63% -16.67% 12.13%
EPS Q/Q Growth
-3.07% -9.44% 11.11% 12.50% 3.60% -8.55% 12.59% 11.57% 11.01% -17.42% 12.82%
Operating Cash Flow Q/Q Growth
0.29% 1.88% -8.76% 35.48% -9.68% -5.71% -11.63% 56.83% -15.10% -0.83% -4.76%
Free Cash Flow Firm Q/Q Growth
-16,654.72% 99.55% -23.32% 48.50% -6.70% -160.79% 21.30% 77.28% -15.18% 4.93% 14.87%
Invested Capital Q/Q Growth
3.44% 1.36% 0.93% -0.52% 1.56% 5.12% -0.20% 2.03% 1.69% 1.43% 0.14%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
42.28% 42.73% 41.93% 41.14% 40.88% 40.90% 40.29% 40.30% 39.42% 38.19% 39.01%
EBITDA Margin
31.85% 31.45% 32.01% 30.99% 30.33% 29.52% 29.70% 29.24% 28.75% 27.04% 28.93%
Operating Margin
20.05% 19.86% 20.75% 20.10% 18.98% 18.29% 19.02% 18.98% 17.99% 16.36% 18.46%
EBIT Margin
20.33% 19.84% 21.00% 20.12% 19.30% 18.39% 19.06% 18.96% 18.06% 16.49% 18.46%
Profit (Net Income) Margin
12.35% 12.67% 13.88% 12.65% 11.75% 11.46% 12.55% 11.48% 10.72% 9.84% 11.59%
Tax Burden Percent
74.44% 96.23% 87.53% 78.27% 75.76% 91.04% 79.22% 73.70% 73.53% 92.91% 82.10%
Interest Burden Percent
81.60% 66.33% 75.51% 80.29% 80.35% 68.45% 83.16% 82.11% 80.75% 64.24% 76.48%
Effective Tax Rate
25.56% 3.77% 12.47% 21.73% 24.24% 8.96% 20.78% 26.30% 26.47% 7.09% 17.90%
Return on Invested Capital (ROIC)
10.00% 13.01% 12.59% 10.77% 9.70% 11.21% 10.27% 9.38% 9.31% 10.35% 10.06%
ROIC Less NNEP Spread (ROIC-NNEP)
9.20% 10.94% 11.14% 9.74% 8.87% 9.57% 9.44% 8.59% 8.46% 8.55% 8.81%
Return on Net Nonoperating Assets (RNNOA)
10.56% 12.53% 12.44% 11.15% 10.45% 11.46% 11.05% 10.45% 9.51% 9.64% 9.89%
Return on Equity (ROE)
20.56% 25.54% 25.03% 21.92% 20.16% 22.67% 21.32% 19.83% 18.81% 19.98% 19.95%
Cash Return on Invested Capital (CROIC)
6.16% 8.11% 4.27% 4.72% 1.75% 1.42% 4.82% 4.33% -5.69% -4.58% -5.34%
Operating Return on Assets (OROA)
10.20% 9.97% 10.74% 10.14% 9.73% 9.10% 9.56% 9.43% 9.45% 8.25% 9.04%
Return on Assets (ROA)
6.20% 6.36% 7.10% 6.38% 5.92% 5.67% 6.30% 5.71% 5.61% 4.92% 5.67%
Return on Common Equity (ROCE)
20.56% 25.54% 25.03% 21.92% 20.16% 22.67% 21.32% 19.83% 18.81% 19.98% 19.94%
Return on Equity Simple (ROE_SIMPLE)
17.88% 0.00% 17.55% 17.13% 16.65% 0.00% 15.86% 15.44% 15.32% 0.00% 15.32%
Net Operating Profit after Tax (NOPAT)
598 773 740 637 555 638 577 521 474 537 545
NOPAT Margin
14.93% 19.11% 18.17% 15.74% 14.38% 16.65% 15.07% 13.99% 13.23% 15.20% 15.16%
Net Nonoperating Expense Percent (NNEP)
0.80% 2.07% 1.45% 1.03% 0.83% 1.64% 0.83% 0.79% 0.84% 1.80% 1.25%
Return On Investment Capital (ROIC_SIMPLE)
2.40% 3.21% - - - 2.73% - - - 2.50% -
Cost of Revenue to Revenue
57.72% 57.27% 58.07% 58.86% 59.12% 59.10% 59.71% 59.70% 60.58% 61.81% 60.99%
SG&A Expenses to Revenue
10.65% 11.03% 9.96% 10.07% 10.72% 11.27% 10.51% 10.63% 10.59% 11.19% 10.03%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
22.23% 22.87% 21.18% 21.04% 21.90% 22.61% 21.27% 21.32% 21.43% 21.83% 20.55%
Earnings before Interest and Taxes (EBIT)
815 803 856 815 745 705 729 707 647 582 664
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,277 1,273 1,305 1,254 1,171 1,131 1,136 1,089 1,029 954 1,041
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
6.47 5.51 5.60 5.55 5.54 4.87 4.31 4.69 4.24 4.10 4.42
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
4.66 3.92 3.98 3.92 3.93 3.43 3.04 3.31 2.98 2.94 3.25
Price to Earnings (P/E)
36.19 30.75 31.92 32.38 33.26 29.64 27.20 30.38 27.68 26.72 28.88
Dividend Yield
0.92% 1.09% 1.07% 1.08% 1.08% 1.26% 1.43% 1.31% 1.46% 1.52% 1.41%
Earnings Yield
2.76% 3.25% 3.13% 3.09% 3.01% 3.37% 3.68% 3.29% 3.61% 3.74% 3.46%
Enterprise Value to Invested Capital (EV/IC)
3.57 3.14 3.18 3.13 3.08 2.76 2.55 2.70 2.48 2.41 2.55
Enterprise Value to Revenue (EV/Rev)
5.47 4.69 4.75 4.71 4.76 4.26 3.83 4.13 3.80 3.79 4.13
Enterprise Value to EBITDA (EV/EBITDA)
17.31 15.04 15.46 15.62 16.01 14.55 13.35 14.50 13.54 13.38 14.45
Enterprise Value to EBIT (EV/EBIT)
26.89 23.38 24.08 24.49 25.11 22.90 21.09 22.94 21.69 21.45 23.14
Enterprise Value to NOPAT (EV/NOPAT)
32.43 28.02 29.37 30.61 31.82 29.06 26.86 28.95 26.87 26.38 27.53
Enterprise Value to Operating Cash Flow (EV/OCF)
21.31 19.12 19.72 19.49 19.37 17.64 15.92 17.57 16.94 16.07 17.64
Enterprise Value to Free Cash Flow (EV/FCFF)
59.43 39.42 77.05 68.25 183.65 202.83 54.14 63.96 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.14 1.11 1.12 1.18 1.19 1.22 1.15 1.19 1.20 1.22 1.23
Long-Term Debt to Equity
1.10 1.04 1.07 1.05 1.05 1.13 1.06 1.17 1.16 1.17 1.18
Financial Leverage
1.15 1.15 1.12 1.14 1.18 1.20 1.17 1.22 1.12 1.13 1.12
Leverage Ratio
2.87 2.91 2.87 2.91 2.92 2.99 2.95 2.99 2.85 2.89 2.88
Compound Leverage Factor
2.34 1.93 2.17 2.34 2.34 2.05 2.45 2.45 2.31 1.86 2.20
Debt to Total Capital
53.24% 52.71% 52.80% 54.08% 54.25% 54.87% 53.58% 54.28% 54.60% 54.89% 55.08%
Short-Term Debt to Total Capital
1.69% 3.57% 2.16% 5.98% 6.05% 3.99% 4.19% 0.68% 2.09% 2.12% 2.16%
Long-Term Debt to Total Capital
51.56% 49.13% 50.64% 48.10% 48.20% 50.88% 49.39% 53.59% 52.50% 52.76% 52.92%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
46.75% 47.28% 47.20% 45.92% 45.74% 45.12% 46.42% 45.72% 45.40% 45.11% 44.92%
Debt to EBITDA
2.60 2.54 2.58 2.76 2.83 2.92 2.83 2.94 3.00 3.08 3.15
Net Debt to EBITDA
2.54 2.48 2.52 2.62 2.78 2.85 2.76 2.86 2.94 3.01 3.09
Long-Term Debt to EBITDA
2.52 2.37 2.48 2.46 2.52 2.71 2.61 2.91 2.89 2.96 3.02
Debt to NOPAT
4.87 4.73 4.91 5.41 5.63 5.84 5.70 5.88 5.96 6.07 6.00
Net Debt to NOPAT
4.76 4.63 4.80 5.13 5.53 5.70 5.55 5.72 5.83 5.93 5.89
Long-Term Debt to NOPAT
4.72 4.41 4.71 4.81 5.00 5.41 5.26 5.81 5.74 5.83 5.76
Altman Z-Score
3.07 2.73 2.79 2.65 2.62 2.33 2.24 2.36 2.21 2.07 2.18
Noncontrolling Interest Sharing Ratio
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.03%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.66 0.58 0.64 0.59 0.53 0.56 0.58 0.76 0.74 0.70 0.70
Quick Ratio
0.55 0.46 0.53 0.51 0.43 0.45 0.49 0.64 0.60 0.54 0.56
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-641 -3.82 -844 -684 -1,328 -1,244 -477 -606 -2,667 -2,316 -2,436
Operating Cash Flow to CapEx
224.78% 222.56% 229.96% 274.51% 158.47% 165.26% 264.02% 332.26% 184.57% 155.71% 298.65%
Free Cash Flow to Firm to Interest Expense
-4.58 -0.03 -6.00 -5.33 -9.54 -9.63 -3.74 -4.87 -21.02 -20.62 -23.15
Operating Cash Flow to Interest Expense
7.32 7.70 7.13 8.57 5.83 6.96 7.47 8.67 5.42 7.21 7.76
Operating Cash Flow Less CapEx to Interest Expense
4.06 4.24 4.03 5.45 2.15 2.75 4.64 6.06 2.48 2.58 5.16
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.50 0.50 0.51 0.50 0.50 0.50 0.50 0.50 0.52 0.50 0.49
Accounts Receivable Turnover
8.95 8.93 8.60 8.75 8.84 8.69 8.31 8.50 9.44 9.16 8.73
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
1.39 1.38 1.42 1.41 1.39 1.35 0.00 0.00 1.42 1.35 0.00
Accounts Payable Turnover
8.04 6.78 7.67 7.73 8.37 6.79 7.97 8.18 9.41 7.70 8.52
Days Sales Outstanding (DSO)
40.80 40.86 42.43 41.71 41.29 42.01 43.92 42.92 38.67 39.83 41.82
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
45.39 53.81 47.58 47.22 43.60 53.75 45.78 44.60 38.80 47.42 42.85
Cash Conversion Cycle (CCC)
-4.59 -12.96 -5.15 -5.51 -2.31 -11.73 -1.86 -1.68 -0.13 -7.59 -1.04
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
24,763 23,939 23,619 23,401 23,524 23,162 22,035 22,080 21,641 21,280 20,981
Invested Capital Turnover
0.67 0.68 0.69 0.68 0.68 0.67 0.68 0.67 0.70 0.68 0.66
Increase / (Decrease) in Invested Capital
1,239 777 1,584 1,321 1,883 1,882 1,053 1,127 3,141 2,852 2,981
Enterprise Value (EV)
88,423 75,251 75,171 73,327 72,492 63,817 56,170 59,625 53,725 51,260 53,424
Market Capitalization
75,443 62,818 62,896 61,034 59,894 51,301 44,554 47,842 42,065 39,744 41,991
Book Value per Share
$37.35 $36.42 $35.75 $34.94 $34.39 $33.51 $32.66 $32.26 $31.38 $30.65 $30.04
Tangible Book Value per Share
($17.79) ($16.36) ($16.27) ($16.90) ($17.53) ($18.40) ($17.09) ($17.65) ($16.01) ($16.18) ($16.15)
Total Capital
24,948 24,120 23,791 23,966 23,653 23,362 22,258 22,318 21,842 21,472 21,127
Total Debt
13,283 12,713 12,560 12,960 12,832 12,819 11,925 12,113 11,925 11,786 11,636
Total Long-Term Debt
12,862 11,851 12,047 11,527 11,400 11,887 10,993 11,960 11,468 11,330 11,180
Net Debt
12,978 12,431 12,274 12,291 12,597 12,515 11,614 11,782 11,660 11,515 11,433
Capital Expenditures (CapEx)
456 459 436 401 512 544 361 325 373 520 274
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-832 -934 -864 -932 -712 -1,055 -946 -755 -463 -721 -590
Debt-free Net Working Capital (DFNWC)
-749 -860 -780 -441 -620 -915 -788 -573 -331 -578 -509
Net Working Capital (NWC)
-1,170 -1,722 -1,293 -1,874 -2,052 -1,847 -1,720 -726 -788 -1,034 -964
Net Nonoperating Expense (NNE)
103 261 175 125 101 199 96 94 90 189 128
Net Nonoperating Obligations (NNO)
13,098 12,532 12,388 12,394 12,703 12,619 11,702 11,875 11,723 11,594 11,491
Total Depreciation and Amortization (D&A)
462 470 449 440 426 426 407 383 383 372 377
Debt-free, Cash-free Net Working Capital to Revenue
-5.14% -5.83% -5.46% -5.98% -4.67% -7.05% -6.45% -5.23% -3.28% -5.34% -4.56%
Debt-free Net Working Capital to Revenue
-4.63% -5.36% -4.93% -2.83% -4.07% -6.11% -5.37% -3.97% -2.34% -4.28% -3.93%
Net Working Capital to Revenue
-7.23% -10.74% -8.18% -12.04% -13.46% -12.34% -11.73% -5.03% -5.58% -7.65% -7.46%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$1.58 $1.64 $1.80 $1.62 $1.44 $1.39 $1.52 $1.35 $1.21 $1.09 $1.32
Adjusted Weighted Average Basic Shares Outstanding
312.97M 314.40M 314.00M 314.91M 315.29M 316.18M 316.06M 316.85M 316.71M 316.53M 316.51M
Adjusted Diluted Earnings per Share
$1.58 $1.63 $1.80 $1.62 $1.44 $1.39 $1.52 $1.35 $1.21 $1.09 $1.32
Adjusted Weighted Average Diluted Shares Outstanding
313.28M 314.81M 314.37M 315.24M 315.69M 316.67M 316.56M 317.31M 317.14M 317.08M 317.05M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
312.50M 312.28M 313.15M 314.07M 314.93M 314.61M 314.64M 316.33M 316.28M 316.04M 316.00M
Normalized Net Operating Profit after Tax (NOPAT)
600 782 748 640 560 643 580 533 478 544 547
Normalized NOPAT Margin
14.97% 19.33% 18.35% 15.82% 14.49% 16.79% 15.17% 14.30% 13.34% 15.42% 15.20%
Pre Tax Income Margin
16.59% 13.16% 15.86% 16.16% 15.51% 12.59% 15.85% 15.57% 14.58% 10.59% 14.11%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
5.82 6.05 6.09 6.35 5.35 5.46 5.71 5.68 5.10 5.18 6.31
NOPAT to Interest Expense
4.27 5.82 5.27 4.96 3.99 4.94 4.52 4.19 3.73 4.78 5.18
EBIT Less CapEx to Interest Expense
2.56 2.59 2.99 3.23 1.67 1.25 2.88 3.07 2.16 0.55 3.71
NOPAT Less CapEx to Interest Expense
1.02 2.36 2.16 1.84 0.31 0.73 1.69 1.58 0.80 0.15 2.58
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
33.57% 33.61% 34.18% 35.12% 36.10% 36.86% 38.19% 39.07% 39.76% 39.92% 42.33%
Augmented Payout Ratio
59.71% 57.88% 54.82% 58.70% 51.50% 52.05% 50.12% 39.39% 40.62% 54.44% 62.59%

Frequently Asked Questions About Republic Services' Financials

When does Republic Services's fiscal year end?

According to the most recent income statement we have on file, Republic Services' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Republic Services' net income changed over the last 9 years?

Republic Services' net income appears to be on an upward trend, with a most recent value of $2.04 billion in 2024, rising from $750.40 million in 2015. The previous period was $1.73 billion in 2023. See Republic Services' forecast for analyst expectations on what’s next for the company.

What is Republic Services's operating income?
Republic Services's total operating income in 2024 was $3.20 billion, based on the following breakdown:
  • Total Gross Profit: $6.68 billion
  • Total Operating Expenses: $3.49 billion
How has Republic Services revenue changed over the last 9 years?

Over the last 9 years, Republic Services' total revenue changed from $9.12 billion in 2015 to $16.03 billion in 2024, a change of 75.9%.

How much debt does Republic Services have?

Republic Services' total liabilities were at $21.00 billion at the end of 2024, a 0.6% increase from 2023, and a 64.5% increase since 2015.

How much cash does Republic Services have?

In the past 9 years, Republic Services' cash and equivalents has ranged from $29 million in 2021 to $143.40 million in 2022, and is currently $74 million as of their latest financial filing in 2024.

How has Republic Services' book value per share changed over the last 9 years?

Over the last 9 years, Republic Services' book value per share changed from 22.15 in 2015 to 36.42 in 2024, a change of 64.4%.



This page (NYSE:RSG) was last updated on 5/28/2025 by MarketBeat.com Staff
From Our Partners