Waste is the business of Republic Services, which collects, transfers, recycles and disposes of non-hazardous solid waste in the United States. Households, businesses, industrial sites and local governments are its customers, and the company runs collection fleets, transfer stations, recycling centres and landfills. It also operates landfill gas and recycling facilities that produce energy and recovered materials.
Revenue comes mainly from collection and disposal fees under municipal contracts, commercial agreements and residential subscriptions. It reached $19.3 billion in the last twelve months and has grown at 6.7% a year across the last three years. The operating margin is 17.4%, and the business earns a profit of 11% on the capital invested in it. It carries net debt of 2.7 times EBITDA. The company pays a dividend with a yield of 1.1%. On the site's X-Ray Score it receives 46 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $195.20 – $232.02Volume 1,054,100Daily, split-adjusted
Vitals
Market cap$71.2B
52-week range$195.20 – $232.02
Volume (last day)1,054,100
P/E (TTM)32.9
EBIT / EV yield4.0%
Free-cash-flow yield3.7%
Dividend yield1.1%
Revenue (TTM)$19.3B
Net income (TTM)$2.2B
Operating margin17.4%
Return on capital11.0%
Debt incl. leases$14.1B
Cash & securities$107M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$196model spread $185 – $210
Fair−15.2% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationWeak
38/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.0%
Free-cash-flow yield3.7%
Fair value vs price0.8×
GrowthFair
57/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.7%
EPS growth (3y)13.5%
Growth consistency100%
ProfitabilityFair
58/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital11.0%
Operating margin17.4%
Gross profitability27.1%
Financial healthWeak
24/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.7×
Interest cover5.7×
DividendsFair
55/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.1%
Dividends vs free cash flow30%
Dividend growth7.6%
Quarterly results: last 6 quarters
+3.5%Mar '25
+4.7%Jun '25
+3.1%Sep '25
+2.0%Dec '25
+2.3%Mar '26
+4.0%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $5.1B, diluted EPS $1.84.
Other Environmental & Facilities Services companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 6 Average · ● 7 Bad
Cash quality
Earnings backed by cashGood
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Good
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceAverage
EBIT / EV yieldBad
Profitability
Return on invested capitalBad
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 45/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$13.3B
$15.6B
$17.3B
$18.4B
$19.0B
Operating income
$2.1B
$2.4B
$2.8B
$3.2B
$3.3B
Net income
$1.3B
$1.5B
$1.7B
$2.0B
$2.1B
Operating cash flow
$2.8B
$3.2B
$3.6B
$3.9B
$4.3B
Operating margin
15.6%
15.3%
16.1%
17.4%
17.4%
Free cash flow
$1.5B
$1.7B
$2.0B
$2.1B
$2.4B
Diluted EPS
$4.04
$4.69
$5.47
$6.49
$6.85
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
12 bullish · 0 neutral · 4 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
SMA 10
220.3
Bullish
EMA 10
221.9
Bullish
SMA 20
215.7
Bullish
EMA 20
219.0
Bullish
SMA 50
217.8
Bullish
EMA 50
217.2
Bullish
SMA 100
214.6
Bullish
EMA 100
215.9
Bullish
SMA 200
214.3
Bullish
EMA 200
215.6
Bullish
Oscillators (daily)
RSI (14)
74.65
Bearish
MACD (12, 26)
2.57
Bullish
Momentum (12)
10.68
Bullish
Stochastic %K (14)
98.17
Bearish
Williams %R (14)
-1.83
Bearish
CCI (20)
214.4
Bearish
Pivot points (classic, last session)
S3
226.8
S2
227.9
S1
229.7
Pivot
230.9
R1
232.7
R2
233.8
R3
235.6
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.55 USD
Yield on today's price
1.10%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
2 Oct 2026
0.6700
2 Jul 2026
0.6250
2 Apr 2026
0.6250
2 Jan 2026
0.6250
2 Oct 2025
0.6250
2 Jul 2025
0.5800
2 Apr 2025
0.5800
2 Jan 2025
0.5800
2 Oct 2024
0.5800
2 Jul 2024
0.5350
1 Apr 2024
0.5350
29 Dec 2023
0.5350
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.