Republic Services, Inc. (RSG)

Republic Services Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	16,502	16,032	14,965	13,511	11,295	10,154
Revenue Growth (YoY)	4.32%	7.13%	10.76%	19.62%	11.24%	-1.42%
Cost of Revenue	9,362	9,169	8,767	8,205	6,738	6,101
Gross Profit	7,140	6,863	6,198	5,306	4,557	4,053
Selling, General & Admin	1,900	1,847	1,750	1,453	1,173	1,053
Other Operating Expenses	112	107	98	89	82.7	82.9
Operating Expenses	3,811	3,631	3,349	2,894	2,441	2,212
Operating Income	3,329	3,232	2,849	2,412	2,117	1,841
Interest Expense	-561	-539	-508	-395	-314.6	-355.6
Interest & Investment Income	8	9	6	3	2.5	5.2
Earnings From Equity Investments	-211	-255	-94	-166	-188.5	-118.2
Other Non Operating Income (Expenses)	20	15	1	-1	-1.8	-30.4
EBT Excluding Unusual Items	2,585	2,462	2,254	1,853	1,614	1,342
Merger & Restructuring Charges	-22	-29	-67	-27	-16.6	-20
Gain (Loss) on Sale of Assets	-	1	4	6	-0.5	-77.7
Other Unusual Items	-	-2	-	-	-22	-101.9
Pretax Income	2,563	2,432	2,191	1,832	1,575	1,143
Income Tax Expense	455	388	460	344	282.8	173.1
Earnings From Continuing Operations	2,108	2,044	1,731	1,488	1,292	969.6
Minority Interest in Earnings	-1	-1	-	-	-1.9	-2.4
Net Income	2,107	2,043	1,731	1,488	1,290	967.2
Net Income to Common	2,107	2,043	1,731	1,488	1,290	967.2
Net Income Growth	6.92%	18.02%	16.33%	15.31%	33.42%	-9.88%
Shares Outstanding (Basic)	313	314	316	317	319	319
Shares Outstanding (Diluted)	313	315	317	317	319	320
Shares Change (YoY)	-0.69%	-0.59%	-0.13%	-0.73%	-0.13%	-0.67%
EPS (Basic)	6.74	6.50	5.47	4.70	4.05	3.03
EPS (Diluted)	6.73	6.49	5.47	4.69	4.04	3.02
EPS Growth	7.52%	18.65%	16.63%	16.09%	33.77%	-9.31%
Free Cash Flow	2,529	2,081	1,987	1,736	1,470	1,277
Free Cash Flow Per Share	8.08	6.61	6.28	5.47	4.60	3.99
Dividend Per Share	2.365	2.230	2.060	1.910	1.770	1.660
Dividend Growth	8.24%	8.25%	7.85%	7.91%	6.63%	6.41%
Gross Margin	43.27%	42.81%	41.42%	39.27%	40.35%	39.92%
Operating Margin	20.17%	20.16%	19.04%	17.85%	18.74%	18.13%
Profit Margin	12.77%	12.74%	11.57%	11.01%	11.43%	9.53%
Free Cash Flow Margin	15.32%	12.98%	13.28%	12.85%	13.02%	12.58%
EBITDA	5,160	4,935	4,381	3,853	3,385	3,000
EBITDA Margin	31.27%	30.78%	29.28%	28.52%	29.97%	29.55%
D&A For EBITDA	1,831	1,703	1,532	1,441	1,268	1,159
EBIT	3,329	3,232	2,849	2,412	2,117	1,841
EBIT Margin	20.17%	20.16%	19.04%	17.85%	18.74%	18.13%
Effective Tax Rate	17.75%	15.95%	21.00%	18.78%	17.95%	15.15%

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q