Republic Services revenue and financials
$214.74Change from previous close: +0.90%Absolute change: +$1.91
In the fiscal year ended December 2025, Republic Services reported revenue of $19.03B (+3.31% year over year). Net income was $2.14B, a net margin of 11.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.31%
- 2025 vs 2024
- Net income growth
- +4.70%
- 2025 vs 2024
- Net margin
- 11.2%
- 2024: 11.1%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,153 | 1,227 | 981 | 1,181 | 1,109 | 1,025 | 1,022 | 1,003 | 1,100 | 811 | 899 | 953 |
| Depreciation and amortization | 518 | 491 | 376 | 488 | 492 | 462 | 389 | 449 | 439 | 426 | 359 | 407 |
| Capital expenditure | -392 | -476 | -577 | -444 | -407 | -459 | -498 | -439 | -403 | -515 | -548 | -369 |
| Investing cash flow | -817 | -910 | -742 | -756 | -527 | -1,288 | -812 | -636 | -434 | -679 | -1,566 | -427 |
| Financing cash flow | -357 | -238 | -215 | -463 | -544 | 284 | -210 | -753 | -234 | -201 | 641 | -546 |
| Dividends paid | -192 | -193 | -194 | -182 | -181 | -181 | -182 | -168 | -169 | -168 | -169 | -157 |
| Share repurchases | -367 | -292 | -271 | -540 | -4.0 | -55.0 | -161 | -153 | -168 | — | -71.6 | -190 |
| Debt issued | 11,558 | 15,310 | 10,819 | 6,871 | 8,650 | 12,558 | 8,404 | 5,132 | 4,936 | 6,437 | 12,269 | 12,539 |
| Debt repaid | -11,359 | -15,035 | -10,567 | -6,609 | -9,012 | -12,018 | -8,274 | -5,561 | -4,833 | -6,441 | -11,386 | -12,738 |
| Effect of exchange rates | 0.0 | -1.0 | 0.0 | 0.0 | 1.0 | — | -3.0 | — | 2.0 | -1.0 | 0.8 | -0.3 |
| Net change in cash | -21.0 | 78.0 | 24.0 | -38.0 | 39.0 | 21.0 | -3.0 | -386 | 434 | -70.0 | -25.5 | -19.2 |
| Free cash flow | 761 | 751 | 404 | 737 | 702 | 566 | 524 | 564 | 697 | 296 | 351 | 584 |
| Levered free cash flow | 772 | 355 | 291 | 490 | 639 | 316 | 485 | 394 | 687 | -44.0 | 376 | 609 |