RSG (Republic Services, Inc.) Stock Financials & Earnings | Market Cap Arena

RSG (Republic Services, Inc.) Stock Financials & Earnings | Market Cap Arena

RSGRepublic Services, Inc.

Mkt Cap$69B

Industrials·Waste Management·🇺🇸 United States·NYSE

Revenue (TTM)$16.6B

Net Income (TTM)$2.1B

EPS (TTM)$6.85

Free Cash Flow (TTM)$2.4B

Gross Margin30.3%

Op. Margin20.0%

Net Margin12.9%

FCF Margin14.5%

P/S Ratio (TTM)4.2x

P/E Ratio (TTM)32.5x

YoY Rev Growth+3.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$3.6B	$1.0B	$650M
Q2 23	$3.7B	$1.1B	$723M
Q3 23	$3.8B	$1.1B	$739M
Q4 23	$3.8B	$1.1B	$714M
Q1 24	$3.9B	$1.2B	$739M
Q2 24	$4.0B	$1.2B	$818M
Q3 24	$4.1B	$1.3B	$855M
Q4 24	$4.0B	$1.3B	$812M
Q1 25	$4.0B	$1.2B	$806M
Q2 25	$4.2B	$1.3B	$870M
Q3 25	$4.2B	$1.3B	$836M
Q4 25	$4.1B	$1.2B	$807M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.9x	45.7x
Q2 23	4.8x	44.1x
Q3 23	4.7x	42.4x
Q4 23	4.6x	40.1x
Q1 24	4.6x	38.6x
Q2 24	4.5x	36.8x
Q3 24	4.4x	35.2x
Q4 24	4.3x	34.0x
Q1 25	4.3x	33.3x
Q2 25	4.2x	32.7x
Q3 25	4.2x	33.0x
Q4 25	4.2x	32.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$688M	$309M
Q2 23	$1.1B	$743M
Q3 23	$953M	$584M
Q4 23	$899M	$351M
Q1 24	$812M	$297M
Q2 24	$1.1B	$696M
Q3 24	$1.0B	$564M
Q4 24	$1.0B	$524M
Q1 25	$1.0B	$566M
Q2 25	$1.1B	$702M
Q3 25	$1.2B	$737M
Q4 25	$981M	$404M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$379M
Q2 23	$336M
Q3 23	$369M
Q4 23	$548M
Q1 24	$515M
Q2 24	$403M
Q3 24	$440M
Q4 24	$498M
Q1 25	$459M
Q2 25	$407M
Q3 25	$444M
Q4 25	$577M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+20.6%	+22.0%
Q2 23	+9.1%	+6.3%
Q3 23	+6.3%	+5.3%
Q4 23	+8.6%	+5.8%
Q1 24	+7.8%	+6.5%
Q2 24	+8.6%	+7.5%
Q3 24	+6.5%	+4.4%
Q4 24	+5.6%	+3.7%
Q1 25	+3.8%	+2.6%
Q2 25	+4.6%	+4.2%
Q3 25	+3.3%	+4.8%
Q4 25	+2.2%	+2.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$12M	0.3%
Q2 23	$10M	0.3%
Q3 23	$10M	0.3%
Q4 23	$9M	0.2%
Q1 24	$11M	0.3%
Q2 24	$11M	0.3%
Q3 24	$9M	0.2%
Q4 24	$11M	0.3%
Q1 25	$13M	0.3%
Q2 25	$10M	0.2%
Q3 25	$10M	0.2%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$379M
Q2 23	$396M
Q3 23	$396M
Q4 23	$408M
Q1 24	$414M
Q2 24	$408M
Q3 24	$406M
Q4 24	$447M
Q1 25	$427M
Q2 25	$425M
Q3 25	$422M
Q4 25	$437M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$132M	$0	$132M
Q2 23	$182M	$0	$182M
Q3 23	$158M	$0	$158M
Q4 23	$140M	$0	$140M
Q1 24	$92M	$0	$92M
Q2 24	$491M	$0	$491M
Q3 24	$83M	$0	$83M
Q4 24	$74M	$0	$74M
Q1 25	$83M	$0	$83M
Q2 25	$122M	$0	$122M
Q3 25	$84M	$0	$84M
Q4 25	$76M	$259M	$335M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	317M	+0.0%
Q2 23	317M	+0.1%
Q3 23	317M	-0.2%
Q4 23	316M	-0.3%
Q1 24	316M	+0.0%
Q2 24	315M	-0.1%
Q3 24	314M	-0.3%
Q4 24	314M	+0.0%
Q1 25	313M	-0.3%
Q2 25	313M	-0.1%
Q3 25	312M	-0.4%
Q4 25	310M	-0.6%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$283K	31K
FY 15	$276K	33K
FY 16	$284K	33K
FY 17	$287K	35K
FY 18	$279K	36K
FY 19	$286K	36K
FY 20	$290K	35K
FY 21	$323K	35K
FY 22	$338K	40K
FY 23	$428K	35K
FY 24	$382K	42K
FY 25	$395K	42K