Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.
The chart shows the growth of an initial investment of $10,000 in Republic Services Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Republic Services Inc. (RSG) has returned 6.00% so far this year and -3.17% over the past 12 months. Looking at the last ten years, RSG has achieved an annualized return of 16.85%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Republic Services Inc. (RSG) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.16% | 6.33% | -4.77% | 1.98% | ||||||||
| 2025 | 7.78% | 10.04% | 2.07% | 3.42% | 3.25% | -3.72% | -6.35% | 0.51% | -1.86% | -8.99% | 4.70% | -2.52% |
| 2024 | 4.53% | 7.54% | 4.67% | 0.53% | -1.36% | 5.24% | -0.26% | 6.85% | -3.54% | -1.39% | 9.78% | -7.88% |
| 2023 | -3.75% | 4.45% | 4.70% | 7.02% | -2.14% | 7.85% | -0.70% | -6.07% | -1.33% | 4.40% | 8.82% | 1.82% |
| 2022 | -8.28% | -5.76% | 10.14% | 1.24% | -0.15% | -1.91% | 5.88% | 3.47% | -4.16% | -3.29% | 4.35% | -8.13% |
| 2021 | -5.88% | -2.02% | 10.67% | 6.56% | 2.21% | 0.24% | 6.89% | 4.52% | -2.80% | 11.52% | -2.16% | 4.46% |
| 2020 | 5.94% | -5.38% | -17.43% | 7.51% | 10.54% | -4.00% | 5.99% | 6.06% | 1.10% | -5.87% | 8.69% | -1.31% |
| 2019 | 7.48% | 2.12% | 1.95% | 2.45% | 2.25% | 2.11% | 1.84% | 0.77% | -2.81% | 0.74% | 1.14% | 1.20% |
| 2018 | 1.82% | -2.26% | -1.52% | -2.34% | 4.48% | 0.81% | 6.21% | 0.96% | -1.10% | -0.42% | 6.51% | -7.43% |
| 2017 | 0.47% | 7.98% | 1.06% | 0.16% | 0.63% | -0.11% | 0.61% | 1.16% | 1.15% | -1.62% | -0.38% | 3.86% |
| 2016 | -0.93% | 2.53% | 6.41% | 0.04% | -1.50% | -0.32% | 4.26% | 6.10% | 2.81% |
The charts below present risk-adjusted performance metrics for Republic Services Inc. (RSG) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of RSG compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Republic Services Inc. volatility is 1.14%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 34.37B | 32.40B | 31.41B | 29.05B | 24.96B | 23.43B | 22.68B | 21.62B | 21.15B | 20.63B | 20.58B | 20.09B | 19.95B | 19.62B | 19.55B | 19.46B | 19.54B |
| Equity Attributable To Parent (USD) | 11.97B | 11.41B | 10.54B | 9.69B | 8.98B | 8.48B | 8.12B | 7.93B | 7.96B | 7.69B | 7.77B | 7.75B | 7.90B | 7.70B | 7.68B | 7.85B | 7.56B |
| Equity Attributable To Noncontrolling Interest (USD) | 1.00M | 2.00M | 1.20M | 800.00K | 800.00K | 4.90M | 2.70M | 2.40M | 2.30M | 2.40M | 2.50M | 2.50M | 2.60M | 2.40M | 2.10M | 2.40M | 2.60M |
| Equity (USD) | 11.97B | 11.41B | 10.54B | 9.69B | 8.98B | 8.49B | 8.12B | 7.93B | 7.96B | 7.69B | 7.78B | 7.75B | 7.91B | 7.71B | 7.68B | 7.85B | 7.57B |
| Other Non-current Liabilities (USD) | 4.76B | 4.03B | 3.82B | 4.07B | 3.88B | 3.61B | 2.71B | 2.52B | - | - | - | 3.46B | 3.31B | 3.15B | 2.88B | 1.89B | - |
| Long-term Debt (USD) | 13.71B | 12.84B | 12.82B | 11.90B | 9.68B | 9.05B | 8.79B | 8.45B | - | - | - | 7.06B | 7.02B | 7.07B | 7.09B | 7.04B | - |
| Noncurrent Liabilities (USD) | 18.47B | 16.87B | 16.64B | 15.98B | 13.56B | 12.66B | 11.50B | 10.97B | 10.55B | 11.12B | 10.97B | 10.52B | 10.33B | 10.22B | 9.97B | 8.94B | 9.42B |
| Other Current Liabilities (USD) | 2.24B | 2.44B | 2.47B | 1.83B | 1.21B | 1.28B | 2.08B | 1.75B | 1.82B | 1.06B | 1.07B | 1.12B | 1.03B | 1.06B | 1.17B | 1.91B | 1.96B |
| Wages (USD) | 313.00M | 339.00M | 350.50M | 342.60M | 295.00M | 221.10M | 207.70M | 205.10M | 212.20M | 195.40M | 187.80M | 180.20M | 172.70M | 157.10M | 168.90M | 158.40M | - |
| Accounts Payable (USD) | 1.37B | 1.35B | 1.41B | 1.22B | 910.00M | 779.00M | 777.90M | 761.50M | 598.10M | 553.80M | 577.40M | 527.30M | 511.40M | 474.50M | 563.60M | 606.50M | 592.80M |
| Current Liabilities (USD) | 3.93B | 4.13B | 4.23B | 3.39B | 2.42B | 2.28B | 3.06B | 2.72B | 2.63B | 1.81B | 1.83B | 1.83B | 1.72B | 1.70B | 1.90B | 2.68B | 2.55B |
| Liabilities (USD) | 22.40B | 21.00B | 20.87B | 19.37B | 15.98B | 14.95B | 14.56B | 13.69B | 13.19B | 12.94B | 12.80B | 12.35B | 12.04B | 11.91B | 11.87B | 11.61B | 11.97B |
| Other Non-current Assets (USD) | - | - | - | - | - | - | 12.69B | 12.03B | 11.93B | 11.76B | 11.79B | 11.54B | 11.49B | 11.48B | 11.49B | 11.52B | 11.62B |
| Fixed Assets (USD) | - | - | - | - | - | - | 8.38B | 8.02B | 7.78B | 7.59B | 7.55B | 7.17B | 7.04B | 6.91B | 6.79B | 6.70B | 6.66B |
| Noncurrent Assets (USD) | 31.84B | 30.00B | 29.03B | 26.70B | 23.24B | 21.91B | 21.08B | 20.05B | 19.71B | 19.35B | 19.35B | 18.70B | 18.53B | 18.39B | 18.29B | 18.22B | 18.28B |
| Other Current Assets (USD) | 2.29B | 2.18B | 2.16B | 2.15B | 1.55B | 1.39B | 1.47B | 1.43B | 1.31B | 1.17B | 1.13B | 1.30B | 1.33B | 1.14B | 1.18B | 1.16B | - |
| Prepaid Expenses (USD) | 131.00M | 127.00M | 123.00M | 114.30M | 85.30M | 77.70M | 75.50M | 85.80M | 78.60M | 74.50M | 66.10M | 55.00M | 59.00M | 54.40M | 53.40M | 55.90M | - |
| Inventory (USD) | 106.00M | 98.00M | 97.30M | 96.60M | 72.20M | 59.10M | 56.80M | 53.10M | 51.20M | 44.00M | 38.80M | 35.90M | 37.80M | 34.50M | 35.20M | 31.30M | - |
| Current Assets (USD) | 2.52B | 2.41B | 2.38B | 2.36B | 1.71B | 1.52B | 1.61B | 1.56B | 1.44B | 1.28B | 1.23B | 1.39B | 1.42B | 1.23B | 1.27B | 1.25B | 1.26B |
| Assets (USD) | 34.37B | 32.40B | 31.41B | 29.05B | 24.96B | 23.43B | 22.68B | 21.62B | 21.15B | 20.63B | 20.58B | 20.09B | 19.95B | 19.62B | 19.55B | 19.46B | 19.54B |
Republic Services reported Q4 2026 EPS above expectations but missed on revenue. The company guided for 3% YOY growth in 2026 revenue and EPS while announcing $1 billion in planned acquisitions. However, softer operating cash flow and potential free cash flow pressure from CapEx spending have raised investor concerns, causing the stock to decline despite the company's position as a defensive play in the waste management duopoly.
The textile waste management market is projected to grow from $9.25 billion in 2025 to $13.87 billion by 2030, driven by regulatory mandates, circular fashion investments, and advanced recycling technologies. Asia-Pacific leads the market while North America shows the fastest growth. Key innovations include enzymatic recycling and chemical recycling methods, with major players like Veolia Environnement SA, Republic Services, and Infinited Fiber Company leading the sector.
The U.S. smart waste management market is experiencing rapid growth with a projected CAGR of 14.13% through 2035, driven by urbanization, population growth, and adoption of IoT-based technologies. North America leads with 45.02% market share, while Europe is expected to grow fastest. Key challenges include limited infrastructure and connectivity in rural areas.
Waste Management is the largest trash hauler in North America with significant industry advantages, including limited landfill supply, high barriers to entry, and a consistent 22-year history of dividend increases.
The global packaging waste management market is projected to grow from $39.78 billion in 2025 to $54.21 billion by 2034, with a 3.5% CAGR. Asia Pacific leads the market, driven by industrialization and sustainability initiatives, while North America shows rapid growth through advanced recycling technologies and environmental regulations.
Republic Services reported Q3 2025 net income of $550 million, with revenue growth of 3.3% and adjusted earnings per share of $1.90, slightly lower than the previous year. The company continues to execute its strategy for sustainable growth despite cyclical volume pressures.
Clean Energy Fuels Corp announced multiple renewable natural gas (RNG) and liquefied natural gas (LNG) agreements across various sectors, including dairy, transportation, waste management, and space exploration companies, demonstrating growing adoption of clean fuel alternatives.
INX Digital Company and Republic have agreed to postpone their transaction closing date to November 10, 2025, with a cash reserve fund of approximately US$34 million to be distributed to INX Token holders.
INX Digital Company and Republic have mutually agreed to postpone their transaction closing date to October 21, 2025, with a final deadline of December 3, 2025. The postponement includes adjusting the INX Token trading cut-off time and cash reserve fund distribution.
INX Digital Company announced it will be acquired by Republic on October 8, 2025, with trading of the INX Token temporarily halted on October 9, 2025. The transaction involves Republic acquiring all outstanding shares not already held by them, with a cash reserve fund of approximately US$34 million to be distributed to token holders.
