Republic Services, Inc. (RSG)
NYSE: RSG · Real-Time Price · USD
245.97
+1.93 (0.79%)
At close: Nov 2, 2026, 4:00 PM EST
248.19
+2.22 (0.90%)
Pre-market: Nov 3, 2026, 4:42 AM EST
Republic Services Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,227 | 2,139 | 2,043 | 1,731 | 1,488 | 1,290 |
Depreciation & Amortization | 1,909 | 1,818 | 1,703 | 1,599 | 1,441 | 1,268 |
Other Amortization | 110 | 110 | 81 | - | - | - |
Loss (Gain) From Sale of Assets | - | - | - | - | -9 | 0.4 |
Loss (Gain) on Equity Investments | 249 | 163 | 255 | 94 | 166 | 188.5 |
Stock-Based Compensation | - | - | - | - | 39 | 57 |
Provision & Write-off of Bad Debts | - | - | - | - | 41 | 19.9 |
Other Operating Activities | 441 | 425 | 208 | 282 | 256 | 56.3 |
Change in Accounts Receivable | -263 | -87 | -76 | -71 | -199 | -135.4 |
Change in Accounts Payable | 139 | -14 | -27 | 83 | 106 | 113.8 |
Change in Other Net Operating Assets | -312 | -258 | -251 | -100 | -139 | -72.4 |
Operating Cash Flow | 4,500 | 4,296 | 3,936 | 3,618 | 3,190 | 2,787 |
Operating Cash Flow Growth | 3.76% | 9.15% | 8.79% | 13.42% | 14.47% | 12.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,940 | -1,887 | -1,855 | -1,631 | -1,454 | -1,316 |
Sale of Property, Plant & Equipment | 12 | 13 | 47 | 29 | 33 | 19.5 |
Cash Acquisitions | -1,288 | -1,430 | -753 | -2,065 | -3,039 | -1,222 |
Divestitures | 6 | 11 | 2 | 6 | 51 | 46.3 |
Other Investing Activities | -5 | -20 | -2 | -6 | -14 | 6.1 |
Investing Cash Flow | -3,215 | -3,313 | -2,561 | -3,667 | -4,423 | -2,466 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 38,898 | 24,909 | 41,393 | 16,446 | 5,847 |
Long-Term Debt Repaid | - | -38,206 | -25,109 | -40,411 | -14,282 | -5,305 |
Net Debt Issued (Repaid) | 704 | 692 | -200 | 982 | 2,164 | 542.1 |
Repurchase of Common Stock | -1,127 | -870 | -482 | -262 | -203 | -252.2 |
Common Dividends Paid | -771 | -738 | -687 | -638 | -593 | -552.6 |
Other Financing Activities | -27 | -22 | -29 | -20 | -24 | -66.5 |
Financing Cash Flow | -1,221 | -938 | -1,398 | 62 | 1,344 | -329.2 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -1 | 1 | -2 | 1 | -3 | - |
Net Cash Flow | 63 | 46 | -25 | 14 | 108 | -8.6 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,560 | 2,409 | 2,081 | 1,987 | 1,736 | 1,470 |
Free Cash Flow Growth | 1.23% | 15.76% | 4.73% | 14.46% | 18.06% | 15.14% |
Free Cash Flow Margin | 14.85% | 14.52% | 12.98% | 13.28% | 12.85% | 13.02% |
Free Cash Flow Per Share | 8.30 | 7.72 | 6.61 | 6.28 | 5.47 | 4.60 |
Levered Free Cash Flow | 1,929 | 1,770 | 1,541 | 1,800 | 1,267 | 1,248 |
Unlevered Free Cash Flow | 2,307 | 2,129 | 1,878 | 2,118 | 1,514 | 1,445 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 525 | 500 | 487 | 423 | 312 | 249.4 |
Cash Income Tax Paid | 162 | 206 | 313 | 343 | 185 | 300.4 |
Change in Working Capital | -436 | -359 | -354 | -88 | -232 | -94 |