FY2025 · ended Dec 31, 2025 · Revenue $16.59B, +3.5% YoY · Filed Feb 18, 2026
Republic Services, Inc. (RSG) files with the SEC under industry code 4953, Refuse Systems. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $16.6 billion and net income of $2.1 billion. Free cash flow was $2.4 billion. As of Sep 30, 2026 it held $92.0 million in cash and investments and $14.2 billion in total debt.
Revenue (TTM)
$17.24B
+4.5% vs year-ago TTM
Net income (TTM)
$2.23B
+5.7% vs year-ago TTM
Operating cash flow (TTM)
$4.50B
+3.8% vs year-ago TTM
Free cash flow (TTM)
$2.56B
+1.2% vs year-ago TTM
EPS (TTM)
$7.22
+7.4% vs year-ago TTM
Dividend per share (TTM)
$2.54
+7.6% vs year-ago TTM
Shares outstanding
308.80M
-1.1% vs prior year
Net cash
$-14.13B
as of Sep 30, 2026
Operating margin
20.0%
FY 2026
Company profile
- Industry
- Refuse Systems (SIC 4953)
- Listed as
- RSG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Phoenix, AZ
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1060391
- Former names
- REPUBLIC SERVICES INC (until Jan 7, 2009)
Other Refuse Systems companies
- Waste Management Inc WM
- Waste Connections, Inc. WCN
- GFL Environmental Inc. GFL
- Casella Waste Systems Inc CWST
- OIO Group OIO
- Enviri Corp NVRI
- Quest Resource Holding Corp QRHC
- Avalon Holdings Corp AWX
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $16.6B | $16.0B | $15.0B | $13.5B | $11.3B |
| Operating income | $3.3B | $3.2B | $2.8B | $2.4B | $2.1B |
| Net income | $2.1B | $2.0B | $1.7B | $1.5B | $1.3B |
| Diluted EPS | $6.85 | $6.49 | $5.47 | $4.69 | $4.04 |
| Operating cash flow | $4.3B | $3.9B | $3.6B | $3.2B | $2.8B |
| Free cash flow | $2.4B | $2.1B | $2.0B | $1.7B | $1.5B |
| Total assets | $34.4B | $32.4B | $31.4B | $29.1B | $25.0B |
| Stockholders' equity | $12.0B | $11.4B | $10.5B | $9.7B | $9.0B |
| Cash and investments | $76.0M | $74.0M | $140.0M | $143.0M | $29.0M |
| Total debt | $14.2B | $13.3B | $13.3B | $12.4B | $10.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure, Other events
|
Oct 29, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Other events
|
Jul 30, 2026 | Jul 28, 2026 |
| 8-K |
Current report
Other events
|
Jun 24, 2026 | Jun 22, 2026 |
All 1002 Republic Services, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.