Republic Services (RSG) AI Stock Analysis

• Market Cap: $67.29B
• Dividend Yield: 1.06%
• Average Volume (3M): 1.60M
• Price to Earnings (P/E): 32.3
• Beta (1Y): 0.26
• Revenue Growth: 4.33%
• EPS Growth: 7.59%
• Country: US
• Employees: 42,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): 1.90
• Shares Outstanding: 309,563,600
• 10 Day Avg. Volume: 1,872,138
• 30 Day Avg. Volume: 1,596,201
• PEG Ratio: 1.64
• Price to Book (P/B): 5.55
• Price to Sales (P/S): 3.95
• P/FCF Ratio: 30.39
• Enterprise Value/Market Cap: 1.26
• Enterprise Value/Revenue: 5.15
• Enterprise Value/Gross Profit: 16.84
• Enterprise Value/Ebitda: 16.89
• 1Y Price Target: $245.76
• Price Target Upside: 13.22% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 19
• EPS Forecast (FY): 6.89
• Revenue Forecast (FY): $16.67B

• Rating: 65 Neutral
• Price Target: $224.00 ▲(3.20% Upside)

Republic Services' overall stock score is driven by strong financial performance and a balanced earnings call outlook. However, technical analysis indicates bearish momentum, and valuation metrics suggest the stock may be overvalued. The company's strategic focus on sustainability and acquisitions is a positive, but challenges in the Environmental Solutions segment and declining commodity prices pose risks.

Positive Factors

Sustainability Initiatives

Republic Services' focus on sustainability, including Polymer Centers and renewable natural gas projects, positions it well for long-term growth in eco-friendly waste management solutions.

Strong Customer Retention

High customer retention and effective pricing strategies ensure stable revenue streams and demonstrate the company's strong market position and customer loyalty.

Strategic Acquisitions

Significant investments in acquisitions enhance Republic Services' market presence and growth potential, supporting expansion in key sectors and driving future revenue growth.

Negative Factors

Environmental Solutions Challenges

Decreased revenue in Environmental Solutions due to market softness could hinder growth in this segment, affecting overall profitability and diversification efforts.

Recycling Commodity Price Decline

Falling recycling commodity prices reduce revenue from recycling operations, impacting profitability and potentially limiting investment in recycling initiatives.

Volume Declines in Collection Business

Volume declines in the collection business due to market softness and contract shedding could pressure revenue growth, necessitating strategic adjustments to maintain market share.

Republic Services Business Overview & Revenue Model

Company Description

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.

How the Company Makes Money

Republic Services generates revenue primarily through the collection and disposal of solid waste. The company earns money from residential, commercial, and industrial waste management services, which include curbside collection, recycling programs, and landfill operations. Key revenue streams include service fees charged to customers for waste pickup and disposal, as well as tipping fees collected at landfills for accepting waste. Additionally, Republic Services has partnerships with municipalities and other governmental entities to provide waste management services, which can include long-term contracts that ensure consistent revenue. The company also focuses on expanding its recycling and composting operations, which can contribute to revenue growth by tapping into the increasing demand for sustainable waste solutions.

Republic Services Financial Statement Overview

Summary

Republic Services demonstrates a commendable financial standing with strong growth in revenue and profitability, efficient cost management, and robust cash flow generation. The balance sheet is characterized by low leverage and high return on equity, providing financial stability. These factors contribute to an overall positive financial trajectory, although attention should be given to maintaining this balance as the company continues to grow.

Income Statement

Republic Services shows strong financial performance with consistent revenue growth. The gross profit margin for TTM is approximately 36.5%, indicating efficient cost management. The net profit margin has improved to roughly 13% in TTM, demonstrating enhanced profitability. The EBIT and EBITDA margins have also shown strength at around 20.2% and 28.6%, respectively. Overall, the company displays robust profitability and operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of approximately 0.03 in TTM, indicating low leverage. The return on equity is strong at about 17.6%, showcasing effective use of equity. The equity ratio is around 36.1%, which shows a healthy balance between equity and total assets. While leverage is low, future risks could arise if debt levels rise without proportional increases in equity.

Cash Flow

The cash flow analysis reveals a positive outlook with a free cash flow growth rate of 13.2% in TTM. The operating cash flow to net income ratio is around 1.96, indicating strong cash generation relative to net income. Additionally, the free cash flow to net income ratio stands at approximately 1.11, which suggests effective cash management. These figures reflect solid cash flow stability and growth potential.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	16.50B	16.03B	14.96B	13.51B	11.29B	10.15B
Gross Profit	5.05B	4.90B	4.42B	3.87B	3.29B	4.05B
EBITDA	5.03B	4.77B	4.32B	3.66B	3.15B	2.65B
Net Income	2.11B	2.04B	1.73B	1.49B	1.29B	967.20M
Balance Sheet
Total Assets	33.79B	32.40B	31.41B	29.05B	24.95B	23.43B
Cash, Cash Equivalents and Short-Term Investments	84.00M	74.00M	140.00M	143.40M	29.00M	38.20M
Total Debt	13.51B	12.96B	13.07B	12.08B	9.83B	9.17B
Total Liabilities	21.92B	21.00B	20.87B	19.37B	15.98B	14.95B
Stockholders Equity	11.87B	11.40B	10.54B	9.69B	8.98B	8.48B
Cash Flow
Free Cash Flow	2.53B	2.08B	1.99B	1.74B	1.47B	1.28B
Operating Cash Flow	4.34B	3.94B	3.62B	3.19B	2.79B	2.47B
Investing Cash Flow	-3.38B	-2.56B	-3.67B	-4.42B	-2.47B	-1.92B
Financing Cash Flow	-932.90M	-1.40B	61.90M	1.34B	-329.20M	-612.00M

Republic Services Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 217.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RSG, the sentiment is Negative. The current price of 217.06 is above the 20-day moving average (MA) of 210.75, below the 50-day MA of 217.99, and below the 200-day MA of 233.63, indicating a neutral trend. The MACD of 0.18 indicates Negative momentum. The RSI at 54.80 is Neutral, neither overbought nor oversold. The STOCH value of 78.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RSG.

Republic Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WM	76 Outperform	$87.77B	34.33	29.31%	1.54%	15.88%	-3.11%
CLH	70 Outperform	$12.13B	31.51	14.64%	―	2.85%	-6.27%
RSG	65 Neutral	$67.29B	32.31	18.24%	1.06%	4.33%	7.59%
MEG	65 Neutral	$906.41M	―	-4.17%	―	22.77%	44.73%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CWST	61 Neutral	$6.12B	401.79	0.98%	―	20.54%	106.35%
NVRI	55 Neutral	$1.48B	―	-38.53%	―	-2.91%	-67.18%

Republic Services Corporate Events

Republic Services Earnings Call: Mixed Sentiment Amid Growth

Republic Services recently held its earnings call, presenting a mixed outlook for the company. While there were positive highlights such as solid revenue and EBITDA growth, strong customer retention, and strategic investments in sustainability and acquisitions, the company also faced challenges, particularly in its Environmental Solutions segment and declining recycling commodity prices. The sentiment expressed during the call was balanced, reflecting both the positive growth metrics and notable operational challenges.

Republic Services Reports Solid Q3 2025 Performance

Republic Services, Inc., a prominent player in the environmental services sector, offers a comprehensive range of services including recycling, solid waste, and hazardous waste management, with a strong focus on sustainability and decarbonization. In its third-quarter 2025 earnings report, Republic Services reported a net income of $550 million, translating to an earnings per share (EPS) of $1.76, with an adjusted EPS of $1.90. The company achieved a net income margin of 13.1% and an adjusted EBITDA margin of 32.8%, reflecting robust operational performance despite cyclical volume pressures. Key financial highlights include a 3.3% total revenue growth, driven by a combination of organic growth and strategic acquisitions, and a year-to-date cash flow from operations totaling $3.32 billion. The company also invested over $1 billion in acquisitions and returned $1.13 billion to shareholders through share repurchases and dividends. Looking forward, Republic Services remains committed to its strategic goals, expecting revenue to align with the lower end of its full-year 2025 guidance while maintaining other financial targets. The company’s ongoing investments in its capabilities and focus on sustainable growth underscore its resilience and adaptability in the evolving environmental services landscape.

Republic Services Reports Q3 2025 Financial Results

Republic Services, Inc. reported its third-quarter 2025 financial results, highlighting a net income of $550 million and adjusted earnings per share of $1.90. Despite cyclical volume pressures, the company achieved a revenue growth of 3.3% and an 80-basis-point increase in adjusted EBITDA margin, driven by effective pricing strategies and operational execution. Year-to-date, Republic Services invested over $1 billion in acquisitions and returned $1.13 billion to shareholders. The company expects its full-year 2025 revenue to be near the low end of its guidance range.

The most recent analyst rating on (RSG) stock is a Hold with a $241.00 price target. To see the full list of analyst forecasts on Republic Services stock, see the RSG Stock Forecast page.

Republic Services Declares Quarterly Dividend Announcement

On October 22, 2025, Republic Services, Inc. announced that its Board of Directors declared a regular quarterly dividend of $0.625 per share. This dividend, set for shareholders of record on January 2, 2026, will be paid on January 15, 2026, reflecting the company’s ongoing commitment to returning value to its shareholders.

The most recent analyst rating on (RSG) stock is a Hold with a $241.00 price target. To see the full list of analyst forecasts on Republic Services stock, see the RSG Stock Forecast page.