R

REPUBLIC SERVICES, INC.

RSG · CIK 0001060391

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$16.59B3.5%
FY2025
Net income (FY)
$2.14B4.7%
FY2025
Free cash flow (FY)
$2.41B15.8%
FY2025
Diluted EPS (FY)
$6.855.5%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5B$10B$15BFY2007 · Revenue $3.18B · Net income $290.2M · 0000950123-10-016361 · filed 2010-02-24FY07Revenue $3.18BNet income $290.2M0000950123-10-016361 · filed 2010-02-24FY2008 · Revenue $3.69B · Net income $73.8M · 0000950123-11-015710 · filed 2011-02-18FY08Revenue $3.69BNet income $73.8M0000950123-11-015710 · filed 2011-02-18FY2009 · Revenue $8.20B · Net income $495.0M · 0001193125-12-067094 · filed 2012-02-17FY09Revenue $8.20BNet income $495.0M0001193125-12-067094 · filed 2012-02-17FY2010 · Revenue $8.11B · Net income $506.5M · 0001060391-13-000011 · filed 2013-02-15FY10Revenue $8.11BNet income $506.5M0001060391-13-000011 · filed 2013-02-15FY2011 · Revenue $9.76B · Net income $589.2M · 0001060391-14-000011 · filed 2014-02-13FY11Revenue $9.76BNet income $589.2M0001060391-14-000011 · filed 2014-02-13FY2012 · Revenue $9.73B · Net income $571.8M · 0001060391-15-000010 · filed 2015-02-23FY12Revenue $9.73BNet income $571.8M0001060391-15-000010 · filed 2015-02-23FY2013 · Revenue $10.14B · Net income $588.9M · 0001060391-16-000060 · filed 2016-02-12FY13Revenue $10.14BNet income $588.9M0001060391-16-000060 · filed 2016-02-12FY2014 · Revenue $10.63B · Net income $547.6M · 0001060391-17-000012 · filed 2017-02-17FY14Revenue $10.63BNet income $547.6M0001060391-17-000012 · filed 2017-02-17FY2015 · Revenue $11.01B · Net income $749.9M · 0001060391-17-000012 · filed 2017-02-17 · 0001060391-18-000005 · filed 2018-02-09FY15Revenue $11.01BNet income $749.9M0001060391-17-000012 · filed 2017-02-17 · 0001060391-18-000005 · filed 2018-02-09FY2016 · Revenue $9.39B · Net income $612.6M · 0001060391-19-000008 · filed 2019-02-08FY16Revenue $9.39BNet income $612.6M0001060391-19-000008 · filed 2019-02-08FY2017 · Revenue $10.04B · Net income $1.28B · 0001060391-20-000016 · filed 2020-02-14FY17Revenue $10.04BNet income $1.28B0001060391-20-000016 · filed 2020-02-14FY2018 · Revenue $10.04B · Net income $1.04B · 0001060391-21-000014 · filed 2021-02-23FY18Revenue $10.04BNet income $1.04B0001060391-21-000014 · filed 2021-02-23FY2019 · Revenue $10.30B · Net income $1.07B · 0001060391-22-000007 · filed 2022-02-11FY19Revenue $10.30BNet income $1.07B0001060391-22-000007 · filed 2022-02-11FY2020 · Revenue $10.15B · Net income $967.2M · 0001060391-23-000008 · filed 2023-02-23FY20Revenue $10.15BNet income $967.2M0001060391-23-000008 · filed 2023-02-23FY2021 · Revenue $11.29B · Net income $1.29B · 0001060391-24-000142 · filed 2024-02-29FY21Revenue $11.29BNet income $1.29B0001060391-24-000142 · filed 2024-02-29FY2022 · Revenue $13.51B · Net income $1.49B · 0001060391-25-000091 · filed 2025-02-14FY22Revenue $13.51BNet income $1.49B0001060391-25-000091 · filed 2025-02-14FY2023 · Revenue $14.96B · Net income $1.73B · 0001060391-26-000094 · filed 2026-02-18FY23Revenue $14.96BNet income $1.73B0001060391-26-000094 · filed 2026-02-18FY2024 · Revenue $16.03B · Net income $2.04B · 0001060391-26-000094 · filed 2026-02-18FY24Revenue $16.03BNet income $2.04B0001060391-26-000094 · filed 2026-02-18FY2025 · Revenue $16.59B · Net income $2.14B · 0001060391-26-000094 · filed 2026-02-18FY25Revenue $16.59BNet income $2.14B0001060391-26-000094 · filed 2026-02-18FY25Revenue $16.59BNet income $2.14B0001060391-26-000094 · filed 2026-02-18FY07FY10FY13FY16FY19FY22FY25

revenue 5.2× since FY2007 · net margin 9.1% → 12.9%

MarginsNet marginFCF margin
0%5%10%15%FY2007 · Net margin 9.1% · FCF margin 11.6%FY07Net margin 9.1%FCF margin 11.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 2.0% · FCF margin 3.4%FY08Net margin 2.0%FCF margin 3.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 6.0% · FCF margin 7.0%FY09Net margin 6.0%FCF margin 7.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 6.2% · FCF margin 7.9%FY10Net margin 6.2%FCF margin 7.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 6.0% · FCF margin 8.5%FY11Net margin 6.0%FCF margin 8.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 5.9% · FCF margin 6.3%FY12Net margin 5.9%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 5.8% · FCF margin 6.6%FY13Net margin 5.8%FCF margin 6.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 5.2% · FCF margin 6.3%FY14Net margin 5.2%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 6.8% · FCF margin 6.7%FY15Net margin 6.8%FCF margin 6.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 6.5% · FCF margin 9.8%FY16Net margin 6.5%FCF margin 9.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 12.7% · FCF margin 9.2%FY17Net margin 12.7%FCF margin 9.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 10.3% · FCF margin 11.7%FY18Net margin 10.3%FCF margin 11.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 10.4% · FCF margin 11.1%FY19Net margin 10.4%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 9.5% · FCF margin 12.6%FY20Net margin 9.5%FCF margin 12.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 11.4% · FCF margin 13.0%FY21Net margin 11.4%FCF margin 13.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 11.0% · FCF margin 12.8%FY22Net margin 11.0%FCF margin 12.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 11.6% · FCF margin 13.3%FY23Net margin 11.6%FCF margin 13.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 12.7% · FCF margin 13.0%FY24Net margin 12.7%FCF margin 13.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 12.9% · FCF margin 14.5%FY25Net margin 12.9%FCF margin 14.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 12.9%FCF margin 14.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 12.9% · free cash flow 14.5% of revenue

Cash engineOperating cash flowFree cash flow
$0$2B$4BFY2007 · OCF $661.3M · FCF $368.8M · 0000950123-10-016361 · filed 2010-02-24FY07OCF $661.3MFCF $368.8M0000950123-10-016361 · filed 2010-02-24FY2008 · OCF $512.2M · FCF $125.3M · 0000950123-11-015710 · filed 2011-02-18FY08OCF $512.2MFCF $125.3M0000950123-11-015710 · filed 2011-02-18FY2009 · OCF $1.40B · FCF $570.2M · 0001193125-12-067094 · filed 2012-02-17FY09OCF $1.40BFCF $570.2M0001193125-12-067094 · filed 2012-02-17FY2010 · OCF $1.43B · FCF $639.0M · 0001060391-13-000011 · filed 2013-02-15FY10OCF $1.43BFCF $639.0M0001060391-13-000011 · filed 2013-02-15FY2011 · OCF $1.77B · FCF $830.2M · 0001060391-14-000011 · filed 2014-02-13FY11OCF $1.77BFCF $830.2M0001060391-14-000011 · filed 2014-02-13FY2012 · OCF $1.51B · FCF $610.3M · 0001060391-15-000010 · filed 2015-02-23FY12OCF $1.51BFCF $610.3M0001060391-15-000010 · filed 2015-02-23FY2013 · OCF $1.55B · FCF $667.4M · 0001060391-16-000060 · filed 2016-02-12FY13OCF $1.55BFCF $667.4M0001060391-16-000060 · filed 2016-02-12FY2014 · OCF $1.53B · FCF $667.3M · 0001060391-17-000012 · filed 2017-02-17FY14OCF $1.53BFCF $667.3M0001060391-17-000012 · filed 2017-02-17FY2015 · OCF $1.68B · FCF $734.1M · 0001060391-18-000005 · filed 2018-02-09FY15OCF $1.68BFCF $734.1M0001060391-18-000005 · filed 2018-02-09FY2016 · OCF $1.85B · FCF $920.0M · 0001060391-19-000008 · filed 2019-02-08FY16OCF $1.85BFCF $920.0M0001060391-19-000008 · filed 2019-02-08FY2017 · OCF $1.91B · FCF $920.9M · 0001060391-20-000016 · filed 2020-02-14FY17OCF $1.91BFCF $920.9M0001060391-20-000016 · filed 2020-02-14FY2018 · OCF $2.24B · FCF $1.17B · 0001060391-21-000014 · filed 2021-02-23FY18OCF $2.24BFCF $1.17B0001060391-21-000014 · filed 2021-02-23FY2019 · OCF $2.35B · FCF $1.15B · 0001060391-22-000007 · filed 2022-02-11FY19OCF $2.35BFCF $1.15B0001060391-22-000007 · filed 2022-02-11FY2020 · OCF $2.47B · FCF $1.28B · 0001060391-23-000008 · filed 2023-02-23FY20OCF $2.47BFCF $1.28B0001060391-23-000008 · filed 2023-02-23FY2021 · OCF $2.79B · FCF $1.47B · 0001060391-24-000142 · filed 2024-02-29FY21OCF $2.79BFCF $1.47B0001060391-24-000142 · filed 2024-02-29FY2022 · OCF $3.19B · FCF $1.74B · 0001060391-25-000091 · filed 2025-02-14FY22OCF $3.19BFCF $1.74B0001060391-25-000091 · filed 2025-02-14FY2023 · OCF $3.62B · FCF $1.99B · 0001060391-26-000094 · filed 2026-02-18FY23OCF $3.62BFCF $1.99B0001060391-26-000094 · filed 2026-02-18FY2024 · OCF $3.94B · FCF $2.08B · 0001060391-26-000094 · filed 2026-02-18FY24OCF $3.94BFCF $2.08B0001060391-26-000094 · filed 2026-02-18FY2025 · OCF $4.30B · FCF $2.41B · 0001060391-26-000094 · filed 2026-02-18FY25OCF $4.30BFCF $2.41B0001060391-26-000094 · filed 2026-02-18FY25OCF $4.30BFCF $2.41B0001060391-26-000094 · filed 2026-02-18’09’13’17’21’25

FY2025: $4.30B operating cash − $1.89B capex = $2.41B free cash flow

Returns on capitalReturn on equityReturn on assets
0%5%10%15%FY2008 · ROE 1.0% · ROA 0.4%FY08ROE 1.0%ROA 0.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 6.5% · ROA 2.5%FY09ROE 6.5%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 6.5% · ROA 2.6%FY10ROE 6.5%ROA 2.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 7.7% · ROA 3.0%FY11ROE 7.7%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 7.4% · ROA 2.9%FY12ROE 7.4%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 7.5% · ROA 3.0%FY13ROE 7.5%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 7.1% · ROA 2.7%FY14ROE 7.1%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 9.6% · ROA 3.7%FY15ROE 9.6%ROA 3.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 8.0% · ROA 3.0%FY16ROE 8.0%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 16.1% · ROA 6.0%FY17ROE 16.1%ROA 6.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 13.1% · ROA 4.8%FY18ROE 13.1%ROA 4.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 13.2% · ROA 4.7%FY19ROE 13.2%ROA 4.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 11.4% · ROA 4.1%FY20ROE 11.4%ROA 4.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 14.4% · ROA 5.2%FY21ROE 14.4%ROA 5.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 15.4% · ROA 5.1%FY22ROE 15.4%ROA 5.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 16.4% · ROA 5.5%FY23ROE 16.4%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 17.9% · ROA 6.3%FY24ROE 17.9%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 17.9% · ROA 6.2%FY25ROE 17.9%ROA 6.2%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 17.9%ROA 6.2%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 1% (FY2008) → 18% (FY2025) · on assets 6.2%

The receipts