Republic Services, Inc. (RSG)

Republic Services Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	15,818	14,965	13,511	11,295	10,154	10,299
Revenue Growth (YoY)	7.88%	10.76%	19.62%	11.24%	-1.42%	2.57%
Cost of Revenue	9,120	8,766	8,052	6,738	6,101	6,298
Gross Profit	6,697	6,199	5,459	4,557	4,053	4,001
Selling, General & Admin	1,826	1,751	1,529	1,173	1,053	1,092
Other Operating Expenses	104.8	97.9	89.6	82.7	82.9	81.9
Operating Expenses	3,567	3,350	2,971	2,441	2,212	2,214
Operating Income	3,131	2,848	2,489	2,117	1,841	1,787
Interest Expense	-535.2	-508.2	-395.6	-314.6	-355.6	-392
Interest & Investment Income	8.9	6.5	3.3	2.5	5.2	6.4
Earnings From Equity Investments	-210.5	-94.3	-165.6	-188.5	-118.2	-112.2
Other Non Operating Income (Expenses)	22.7	2.4	-1.2	-1.8	-30.4	6.4
EBT Excluding Unusual Items	2,416	2,255	1,930	1,614	1,342	1,295
Merger & Restructuring Charges	-34.8	-66.7	-104.3	-16.6	-20	-14.2
Gain (Loss) on Sale of Assets	3	3.6	6.3	-0.5	-77.7	14.7
Other Unusual Items	-2.4	-0.2	-	-22	-101.9	-
Pretax Income	2,382	2,192	1,832	1,575	1,143	1,296
Income Tax Expense	411	460.1	343.9	282.8	173.1	222
Earnings From Continuing Operations	1,971	1,731	1,488	1,292	969.6	1,074
Minority Interest in Earnings	-0.6	-0.4	-	-1.9	-2.4	-0.5
Net Income	1,971	1,731	1,488	1,290	967.2	1,073
Net Income to Common	1,971	1,731	1,488	1,290	967.2	1,073
Net Income Growth	20.29%	16.36%	15.28%	33.42%	-9.89%	3.51%
Shares Outstanding (Basic)	315	316	317	319	319	321
Shares Outstanding (Diluted)	315	317	317	319	320	322
Shares Change (YoY)	-0.55%	-0.13%	-0.73%	-0.13%	-0.67%	-1.95%
EPS (Basic)	6.26	5.47	4.70	4.05	3.03	3.34
EPS (Diluted)	6.26	5.47	4.69	4.04	3.02	3.33
EPS Growth	21.31%	16.63%	16.09%	33.77%	-9.31%	5.38%
Free Cash Flow	1,907	1,987	1,736	1,470	1,277	1,145
Free Cash Flow Per Share	6.05	6.27	5.47	4.60	3.99	3.56
Dividend Per Share	2.185	2.060	1.910	1.770	1.660	1.560
Dividend Growth	8.17%	7.85%	7.91%	6.63%	6.41%	8.33%
Gross Margin	42.34%	41.42%	40.40%	40.35%	39.92%	38.85%
Operating Margin	19.79%	19.03%	18.42%	18.74%	18.13%	17.35%
Profit Margin	12.46%	11.57%	11.01%	11.42%	9.53%	10.42%
Free Cash Flow Margin	12.06%	13.28%	12.85%	13.02%	12.58%	11.12%
EBITDA	4,805	4,381	3,878	3,385	3,000	2,909
EBITDA Margin	30.38%	29.28%	28.70%	29.97%	29.55%	28.25%
D&A For EBITDA	1,674	1,533	1,389	1,268	1,159	1,122
EBIT	3,131	2,848	2,489	2,117	1,841	1,787
EBIT Margin	19.79%	19.03%	18.42%	18.74%	18.13%	17.35%
Effective Tax Rate	17.25%	20.99%	18.78%	17.95%	15.15%	17.13%

Source: S&P Capital IQ. Standard template. Financial Sources.