0001060391-26-000094
SEC filingRepublic Services, Inc. reported strong financial results for fiscal year 2025, ending December 31, 2025. The company generated $16.59 billion in revenue and achieved net income attributable to Republic Services, Inc. of $2.14 billion, with basic and diluted earnings per share of $7.00. Operating income was $3.30 billion, representing a 19.9% operating margin. The company demonstrated robust cash generation with $4.30 billion in cash provided by operating activities. Key financial drivers included disciplined cost management with $9.63 billion in cost of operations and $1.71 billion in selling, general and administrative expenses. The balance sheet shows total assets of $34.37 billion, with $12.98 billion in long-term debt and stockholders' equity of $11.97 billion. The company paid $2.00 per share in cash dividends and repurchased $870 million in common stock for treasury. These results reflect the company's operational execution and financial discipline in the waste management industry.
Republic Services, Inc. delivered solid financial performance for fiscal year 2025, with revenue of $16.59 billion and net income attributable to Republic Services, Inc. of $2.14 billion. The company achieved operating income of $3.30 billion, representing a 19.9% operating margin. Basic and diluted earnings per share were $7.00, supported by weighted average common shares outstanding of 311.9 million and 312.2 million respectively. The company maintained strong profitability metrics while managing its cost structure effectively. Cash generation remained robust with $4.30 billion in cash provided by operating activities. The financial results demonstrate the company's ability to execute its business strategy while maintaining financial discipline in a competitive industry environment.
The company reported total revenue of $16.59 billion for fiscal year 2025. The document does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. The revenue figure represents the consolidated total from all operations without further disaggregation in the provided data. No information is available regarding revenue composition by business segment, service type, or geographic region. The absence of segment data in the provided financial statements limits detailed analysis of revenue drivers and growth patterns across different business areas.
Republic Services achieved an operating margin of 19.9% based on operating income of $3.30 billion and revenue of $16.59 billion. The company's cost structure included $9.63 billion in cost of operations, $1.81 billion in depreciation, depletion and amortization, $114.0 million in accretion, and $1.71 billion in selling, general and administrative expenses. Additional expenses included $1.0 million for adjustment to withdrawal liability for multiemployer pension funds and $20.0 million in restructuring charges. The company maintained profitability through effective cost management and operational efficiency. No prior period margin data is provided for comparison in the current document.
The company generated $4.30 billion in cash from operating activities, with net income of $2.14 billion adjusted for $1.93 billion in depreciation, depletion, amortization and accretion, and other non-cash items. Free cash flow, calculated as cash from operating activities ($4.30B) minus purchases of property and equipment ($1.89B), was $2.41 billion. The balance sheet shows total assets of $34.37 billion, including $12.64 billion in property and equipment (net), $16.71 billion in goodwill, and $2.52 billion in current assets. Total liabilities were $22.40 billion, with $12.98 billion in long-term debt and $3.93 billion in current liabilities. Stockholders' equity was $11.97 billion, resulting in a debt-to-equity ratio of approximately 1.08:1.
The provided document does not contain management guidance, strategic priorities, or specific risk factors for future periods. No forward-looking statements, outlook commentary, or strategic initiatives are included in the financial data sections provided. The absence of management discussion and analysis (MD&A) content in the provided document limits the ability to assess the company's future plans, growth strategies, or identified risk factors. Investors would need to consult the complete 10-K filing for information on the company's outlook, strategic direction, and risk management approach.