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Republic Services, Inc. RSG

19 fiscal years on record · USD · FY2025 reported · SEC filings only
16 YEARS OF DIVIDEND GROWTH
$19.0B
▲ 3.3% YoY
$2.1B
▲ 4.7% YoY
$2.4B
▲ 15.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Republic Services, Inc. provides environmental services across the United States and Canada through 377 collection operations, 255 transfer stations, 79 recycling centers, 207 active landfills, and other treatment, storage and disposal facilities. Its senior management evaluates, oversees and manages the financial performance of operations through three field groups, referred to as Group 1, Group 2 and Group 3. Group 1 is the company's recycling and waste business operating primarily in geographic areas located in the western United States. Group 2 is the company's recycling and waste business operating primarily in the southeastern and mid-western United States, the eastern seaboard of the United States and Canada. Group 3 is the company's environmental solutions business operating in geographic areas located across the United States and Canada. In 2025, approximately 68% of total revenue was derived from the collection business, of which approximately 18% related to residential services, approximately 30% to small-container services and approximately 19% to large-container services. Approximately 79% of its residential collection routes have been converted to automated single-driver trucks.

Written from the business description in REPUBLIC SERVICES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.

Growth

USD 19.0B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 19.0 · Net income 2.1
10B20B
2007201020132016201920222025
Compound annual growth
+6.7%
+9.6%
+7.6%
+5.9%
+12.9%
+17.2%
+11.1%
+10.1%
+13.5%
+17.8%
+12.4%
+11.6%
+8.1%
+7.7%
+7.6%
+7.8%
+27.1%
+21.1%
+8.1%
+12.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.6% a year over the five years to FY2025 — but profit grew faster: net income at +17.2%, earnings per share at +17.8%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

11 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 17.4% · Net 11.2%
5%10%15%
200720162025
ROE
FY2025 · ROE 18.3%
10%20%
200720162025
Three returns, three denominators.

Each USD of equity produced 18 cents of profit this year.

Cash & shareholders

USD 1.6B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.4
1B2B
200720162025
Net buybacks $M Dividends $M
FY2025 · Dividends 738.0 · Net buybacks 870.0
1000M2000MDividendsNet buybacks
2007201020132016201920222025
Dividends paidUSD 738.0M
Net buybacksUSD 870.0M
Share of profit75.2%
Consecutive raises16 years (since the 2009 share-count change)

USD 738.0M in dividends and USD 870.0M in buybacks — 75% of the year's profit went back to shareholders.

Total assetsUSD 34.4B
EquityUSD 12.0B
CashUSD 76.0M
Gross debtUSD 13.7B
Net debtUSD 13.6B
Current ratio0.64×

Net debt stands at 114% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
RSG, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B19.018.417.315.613.312.012.211.912.111.49.110.610.19.79.88.18.23.73.2
Operating income $B3.33.22.82.42.11.71.81.71.71.51.61.21.21.31.61.51.60.30.5
EBITDA $B5.14.94.33.73.32.82.82.82.72.52.52.12.12.22.42.42.50.60.8
Income tax $B0.50.40.50.30.30.20.20.30.00.40.40.30.30.30.30.40.40.10.2
Net income $B2.12.01.71.51.31.01.11.01.30.60.70.50.60.60.60.50.50.10.3
Free cash flow $B2.42.12.01.71.51.31.11.20.90.90.70.70.70.60.80.60.60.10.4
EPS, diluted $6.856.495.474.694.043.023.333.163.771.782.131.531.621.551.561.321.300.371.51
Dividend / sh $2.412.232.061.911.771.661.561.441.331.241.161.080.990.910.840.780.760.720.55
Payout %343437404354464534685369595853585817432
ROE %18.318.617.115.914.811.713.413.116.37.99.77.07.57.47.66.66.71.722.3

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRefuse Systems
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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