Republic Services Inc.

RSG ·Industrials, Waste Management, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $19.03B $18.42B $17.28B $15.65B $13.32B $12.03B $12.19B
Residential Collection
Commercial Collection
Industrial Collection
Other Collection
Transfer
Landfill
Recycling
Environmental Solutions
Other
Intercompany Elimination
Cost of Revenue $9.63B $9.35B $8.94B $8.21B $6.74B $6.10B $6.30B
Gross Profit $9.40B $9.07B $8.34B $7.44B $6.58B $5.93B $5.89B
Gross Margin 49.4% 49.2% 48.2% 47.6% 49.4% 49.3% 48.3%
Operating Expenses
Research & Development
SG&A Expense $1.71B $1.67B $1.61B $1.45B $1.20B $1.05B $1.09B
Operating Income $3.30B $3.20B $2.78B $2.39B $2.08B $1.71B $1.79B
Operating Margin 17.4% 17.4% 16.1% 15.3% 15.6% 14.2% 14.7%
Interest Expense $508.2M $395.6M $314.6M $355.6M $392.0M
Pretax Income $2.59B $2.43B $2.19B $1.83B $1.58B $1.14B $1.30B
Income Tax Expense $455.0M $388.0M $460.0M $344.0M $282.8M $173.1M $222.0M
Net Income $2.14B $2.04B $1.73B $1.49B $1.29B $967.2M $1.07B
Net Margin 11.2% 11.1% 10.0% 9.5% 9.7% 8.0% 8.8%
EPS (Basic) $6.86 $6.50 $5.47 $4.70 $4.05 $3.03 $3.34
EPS (Diluted) $6.85 $6.49 $5.47 $4.69 $4.04 $3.02 $3.33
Shares Outstanding (Basic) 308.8M 311.9M 314.4M 316.2M 316.5M 318.8M 319.3M 321.1M
Shares Outstanding (Diluted) 308.8M 312.2M 314.8M 316.7M 317.1M 319.4M 319.8M 322.0M
Dividends Per Share $2.41 $2.23 $2.06 $1.91 $1.77 $1.66 $1.56
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