RSG
Republic Services Inc.Stock · IndustrialsS&P 500 Equal Weight 0.2% · S&P 500 0.07% · Russell 1000 0.06% · US Stock Market 0.06% · Russell 3000 0.06% · MSCI World 0.05% · MSCI ACWI 0.04%$222.74+0.75%
as of market close, Sep 11, 2026
☾ AH — —
RSG financial statements
The full income statement, balance sheet, and cash-flow statement for Republic Services Inc. (RSG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 314.1M2024-09 313.2M2024-12 312.3M2025-03 312.5M2025-06 312.2M2025-09 309.6M2025-12 308.8M2026-03 307.7M2026-06 306.2M-2.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 19.0B+3.3% | 18.4B+6.6% | 17.3B+10.4% | 15.6B+17.4% | 13.3B+31.2% | |
| Cost of revenue | 9.63B+3.0% | 9.35B+4.6% | 8.94B+9.0% | 8.21B+21.8% | 6.74B+10.4% | |
| Selling, general & administrative | 1.71B+2.2% | 1.67B+4.0% | 1.61B+10.7% | 1.45B+21.6% | 1.20B+13.6% | |
| Restructuring | 20.0M-31.0% | 29.0M-12.1% | 33.0M+22.2% | 27.0M+62.7% | 16.6M-17.0% | |
| Amortization of intangibles | 89.0M+12.7% | 79.0M+19.7% | 66.0M+22.4% | 53.9M+61.4% | 33.4M+58.3% | |
| Provision for credit losses | 40.0M+48.1% | 27.0M-49.1% | 53.0M+29.3% | 41.0M+106.0% | 19.9M-28.4% | |
| Operating income | 3.30B+3.3% | 3.20B+15.0% | 2.78B+16.2% | 2.39B+15.2% | 2.08B+21.5% | |
| Interest expense | 574M+6.5% | 539M+6.1% | 508M+28.5% | 396M+25.7% | 315M-11.5% | |
| Interest & investment income | 8.00M-11.1% | 9.00M+50.0% | 6.00M+100.0% | 3.00M+20.0% | 2.50M-51.9% | |
| Other non-operating income | 21.0M-8.7% | 23.0M+228.6% | 7.00M+450.0% | -2.00M-300.0% | -500K-112.2% | |
| Equity-method income | -163M+36.1% | -255M-171.3% | -94.0M+43.4% | -166M+11.9% | -189M-59.5% | |
| Pre-tax income | 2.59B+6.7% | 2.43B+11.0% | 2.19B+19.6% | 1.83B+16.3% | 1.58B+37.8% | |
| Income tax | 455M+17.3% | 388M-15.7% | 460M+33.7% | 344M+21.6% | 283M+63.4% | |
| 2.14B+4.7% | 2.04B+18.0% | 1.73B+16.4% | 1.49B+15.3% | 1.29B+33.4% | ||
| Net income to non-controlling interest | — | — | — | — | 1.90M-20.8% | |
| $6.85+5.5% | $6.49+18.6% | $5.47+16.6% | $4.69+16.1% | $4.04+33.8% | ||
| EPS (basic) | $6.86+5.5% | $6.50+18.8% | $5.47+16.4% | $4.70+16.0% | $4.05+33.7% | |
| Weighted-avg shares (basic) | 312M-0.8% | 314M-0.6% | 316M-0.1% | 317M-0.7% | 319M-0.1% | |
| Weighted-avg shares (diluted) | 312M-0.8% | 315M-0.6% | 317M-0.1% | 317M-0.7% | 319M-0.1% | |
| Dividends per share | $2.41+8.1% | $2.23+8.3% | $2.06+7.9% | $1.91+7.9% | $1.77+6.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.52B+4.9% | 2.41B+1.0% | 2.38B+1.0% | 2.36B+37.8% | 1.71B+12.4% | ||
| Cash & equivalents | 76.0M+2.7% | 74.0M-47.1% | 140M-2.1% | 143M+393.1% | 29.0M-24.1% | |
| Accounts receivable | 1.90B+4.2% | 1.82B+3.0% | 1.77B+5.4% | 1.68B+31.9% | 1.27B+16.5% | |
| Inventory | 106M+8.2% | 98.0M+0.0% | 98.0M+1.4% | 96.6M+33.8% | 72.2M+22.2% | |
| Prepaid expenses | 131M+3.1% | 127M+3.3% | 123M+7.6% | 114M+34.0% | 85.3M+9.8% | |
| Other current assets | 550M+7.6% | 511M+8.0% | 473M-11.8% | 537M+30.7% | 410M+4.6% | |
| 34.4B+6.1% | 32.4B+3.2% | 31.4B+8.1% | 29.1B+16.4% | 25.0B+6.5% | ||
| Operating lease right-of-use | 208M-10.3% | 232M-2.5% | 238M-13.5% | 275M+7.8% | 255M+16.7% | |
| Goodwill | 16.7B+4.6% | 16.0B+0.9% | 15.8B+9.6% | 14.5B+12.7% | 12.8B+6.5% | |
| Intangible assets | 655M+20.0% | 546M+10.1% | 496M+42.9% | 347M+33.8% | 260M+49.9% | |
| Other non-current assets | 1.57B+13.9% | 1.38B+16.8% | 1.18B+15.5% | 1.03B+30.2% | 788M-3.6% | |
| 3.93B-4.8% | 4.13B-2.4% | 4.23B+24.7% | 3.39B+40.4% | 2.42B+5.9% | ||
| Accounts payable | 1.37B+2.2% | 1.34B-4.7% | 1.41B+15.6% | 1.22B+34.3% | 910M+16.8% | |
| Deferred revenue | 496M+2.3% | 485M+3.9% | 467M+5.4% | 443M+16.2% | 381M+10.3% | |
| Short-term & current debt | 596M-30.9% | 862M-7.5% | 932M+104.4% | 456M+5461.0% | 8.20M-95.1% | |
| Current lease liability | 48.0M-12.7% | 55.0M+0.0% | 55.0M-5.0% | 57.9M+51.6% | 38.2M+14.0% | |
| Finance lease liability (current) | 15.0M+15.4% | 13.0M+0.0% | 13.0M-9.1% | 14.3M+74.4% | 8.20M+41.4% | |
| Long-term debt | 13.7B+6.8% | 12.8B+0.2% | 12.8B+7.7% | 11.9B+23.0% | 9.68B+6.9% | |
| Non-current lease liability | 177M-6.3% | 189M-3.1% | 195M-18.1% | 238M-0.4% | 239M+15.7% | |
| Operating lease liability (total) | 225M-7.8% | 244M-2.3% | 250M-15.6% | 296M+6.7% | 277M+15.5% | |
| Finance lease liability (total) | 293M+11.8% | 262M+4.3% | 251M+1.5% | 248M-0.8% | 249M+20.8% | |
| Finance lease liability | 278M+11.6% | 249M+4.6% | 238M+2.1% | 233M-3.3% | 241M+20.2% | |
| Other non-current liabilities | 556M-5.4% | 588M-1.2% | 595M-9.9% | 661M+2.8% | 642M-5.8% | |
| 12.0B+4.9% | 11.4B+8.2% | 10.5B+8.8% | 9.69B+7.9% | 8.98B+5.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 3.00M+0.0% | 3.00M+0.0% | 3.00M-6.3% | 3.20M+0.0% | 3.20M+0.0% | |
| Additional paid-in capital | 1.83B+3.7% | 1.77B-39.1% | 2.90B+2.0% | 2.84B+1.9% | 2.79B+1.8% | |
| Retained earnings | 11.2B+14.2% | 9.77B+15.9% | 8.43B+14.7% | 7.36B+13.6% | 6.48B+12.6% | |
| Treasury stock | 1.00B+785.0% | 113M-85.6% | 784M+55.4% | 505M+83.6% | 275M+174.8% | |
| Accumulated other comprehensive income | -29.0M-11.5% | -26.0M-116.7% | -12.0M+0.8% | -12.1M+17.1% | -14.6M-17.7% | |
| Non-controlling interest | 1.00M-50.0% | 2.00M+100.0% | 1.00M+25.0% | 800K+0.0% | 800K-83.7% | |
| Total equity incl. non-controlling | 12.0B+4.9% | 11.4B+8.2% | 10.5B+8.8% | 9.69B+7.9% | 8.98B+5.8% | |
| Total liabilities & equity | 34.4B+6.1% | 32.4B+3.2% | 31.4B+8.1% | 29.1B+16.4% | 25.0B+6.5% | |
| Common shares issued | 313M+0.0% | 313M-2.5% | 321M+0.2% | 320M+0.2% | 320M+0.3% | |
| Shares outstanding (cover) | 309M-1.1% | 312M-0.7% | 315M-0.5% | 316M-0.1% | 316M-0.8% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.30B+9.1% | 3.94B+8.8% | 3.62B+13.4% | 3.19B+14.5% | 2.79B+12.7% | ||
| Depreciation & amortization | 1.81B+8.2% | 1.68B+11.7% | 1.50B+11.0% | 1.35B+14.0% | 1.19B+10.2% | |
| Intangible amortization | 89.0M+12.7% | 79.0M+19.7% | 66.0M+22.4% | 53.9M+61.4% | 33.4M+58.3% | |
| Share-based compensation | — | 42.0M+2.4% | 41.0M+5.1% | 39.0M-31.6% | 57.0M+52.8% | |
| Deferred income taxes | 269M+209.2% | 87.0M-14.7% | 102M-43.6% | 181M+1267.7% | -15.5M-125.5% | |
| Change in receivables | 87.0M+14.5% | 76.0M+7.0% | 71.0M-64.3% | 199M+47.0% | 135M+1081.2% | |
| Change in payables | -14.0M+48.1% | -27.0M-132.5% | 83.0M-21.7% | 106M-6.9% | 114M+343.7% | |
| -3.31B-29.4% | -2.56B+30.2% | -3.67B+17.1% | -4.42B-79.4% | -2.47B-28.3% | ||
| Capital expenditure | 1.89B+1.7% | 1.85B+13.7% | 1.63B+12.2% | 1.45B+10.5% | 1.32B+10.2% | |
| Free cash flow | 2.41B+15.8% | 2.08B+4.7% | 1.99B+14.5% | 1.74B+18.1% | 1.47B+15.1% | |
| Acquisitions | 1.43B+89.9% | 753M-63.5% | 2.06B-32.1% | 3.04B+148.8% | 1.22B+58.8% | |
| Proceeds from sale of PP&E | 13.0M-72.3% | 47.0M+62.1% | 29.0M-12.1% | 33.0M+69.2% | 19.5M-35.2% | |
| Other investing activities | 20.0M+900.0% | 2.00M-66.7% | 6.00M-57.1% | 14.0M+1300.0% | 1.00M | |
| -938M+32.9% | -1.40B-2354.8% | 62.0M-95.4% | 1.34B+508.3% | -329M+46.2% | ||
| Long-term debt issued | 1.18B+33.1% | 889M-59.1% | 2.17B | 0.00-100.0% | 692M-74.5% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00+100.0% | -13.6M-13.3% | -12.0M-407.7% | |
| Common stock repurchased | 870M+80.5% | 482M+84.0% | 262M+29.1% | 203M-19.5% | 252M+155.3% | |
| Dividends paid | 738M+7.4% | 687M+7.7% | 638M+7.6% | 593M+7.3% | 553M+5.8% | |
| FX effect on cash | — | -2.00M-300.0% | 1.00M+133.3% | -3.00M | 0.00 | |
| Net change in cash | 46.0M+284.0% | -25.0M-278.6% | 14.0M-87.0% | 108M+1355.8% | -8.60M+86.4% | |
| Interest paid | 500M+2.7% | 487M+15.1% | 423M+35.6% | 312M+25.1% | 249M-23.3% | |
| Income taxes paid | 206M-34.2% | 313M-8.7% | 343M+85.4% | 185M-38.4% | 300M+142.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 65.4B+4.2% | 62.8B+21.1% | 51.9B+27.3% | 40.8B-7.6% | 44.1B+43.7% | |
| P/E | 30.6×-0.5% | 30.7×-2.9% | 31.7×+13.0% | 28.0×-18.0% | 34.2×+7.7% | |
| P/S | 3.4×+0.8% | 3.4×+11.4% | 3.1×+13.0% | 2.7×-18.2% | 3.3×+9.5% | |
| P/B | 5.5×-0.7% | 5.5×+9.7% | 5.0×+16.9% | 4.3×-12.6% | 4.9×+35.8% | |
| P/FCF | 27.2×-10.0% | 30.2×+11.5% | 27.1×+12.4% | 24.1×-19.7% | 30.0×+24.8% | |
| Earnings yield | 3.3%+0.5% | 3.3%+3.0% | 3.2%-11.5% | 3.6%+22.0% | 2.9%-7.2% | |
| FCF yield | 3.7%+11.1% | 3.3%-10.3% | 3.7%-11.0% | 4.2%+24.6% | 3.3%-19.9% | |
| Dividend yield | 1.1%+2.6% | 1.1%-11.3% | 1.2%-15.6% | 1.5%+16.7% | 1.3%-26.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: RSG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RSG filings on SEC EDGAR → Not investment advice.