Republic Services, Inc. (RSG) AI Stock Analysis

Republic Services, Inc., established in 1996 and headquartered in Phoenix, Arizona, operates as a provider of environmental services across 41 states. The company manages the collection, processing, and disposal of non-hazardous solid waste and recyclable materials for residential, commercial, and industrial customers. Its infrastructure includes transfer stations, landfills, recycling processing centers, and renewable energy projects. Republic Services offers curbside collection, container supplies, compactor rentals, and in-plant services such as transportation and logistics solutions, while also processing materials like old corrugated containers, aluminum, and glass.

Between FY2021 and FY2025, Republic Services expanded revenue from $11.29B to $16.59B, representing a 5-year revenue CAGR of 10.3%. Annual revenue growth moderated from 19.6% in FY2022 to 7.1% in FY2024 and 3.5% in FY2025. Gross margin expanded to 42.0% in FY2025 from 30.6% in FY2024, while operating margin held steady at 20.0%. Net income increased from $1.29B in FY2021 to $2.14B in FY2025, lifting EPS to $7.01. Free cash flow also grew consistently, reaching $2.41B in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue grew 4.6% year-over-year and quarterly earnings grew 5.1%.

As of June 30, 2026, Republic Services held $107.0M in cash and short-term investments against total debt of $14.29B, resulting in net debt of $14.19B. Total assets stood at $35.16B and shareholders' equity was $12.03B, yielding a debt-to-equity ratio of 1.19 and a current ratio of 0.64. In FY2025, operating cash flow reached $4.30B. Cash deployment included $1.89B in capital expenditures, $870.0M for share buybacks, and $738.0M in dividends paid, contributing to a 5-year share count change of -3.4%.

At a last close of $231.54, Republic Services trades at a trailing P/E of 32.8x and a forward P/E of 26.3x, both above the median of its S&P 500 Industrials peers at 28.4x and 20.1x. Its price-to-sales multiple is 4.2x versus the peer median of 3.1x, while its EV-to-EBITDA stands at 15.9x compared to the peer median of 17.7x. Over the past year, RSG returned 7.4%, trailing the 16.8% return of the S&P 500 (SPY). Over a 5-year period, RSG gained 92.9%, outperforming the S&P 500 (SPY) return of 83.0%.

Republic Services pays a quarterly dividend with an annual forward dividend of $2.68, reflecting a dividend yield of 1.16%. The payout ratio is 35.3%, and the company has maintained 24 consecutive years paid. Over the past five years, the annualized dividend growth rate was 7.3%. Its last ex-dividend date was October 2, 2026.

Wall Street coverage consists of 12 Strong Buy, 3 Buy, and 12 Hold recommendations, with 0 Sell or Strong Sell ratings. The mean price target is $243.46, representing 5.1% upside over the last close of $231.54. For the fiscal year ending December 31, 2026, analysts estimate EPS of $7.27 on revenue of $17.31B. For the next fiscal year, 26 analysts project EPS of $8.07 on revenue of $18.16B. The company recorded 4 EPS beats over the last 4 quarters, with its next earnings date set for October 29, 2026.

This page is an AI-written research summary of Republic Services, Inc. (RSG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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