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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›RSG›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

REPUBLIC SERVICES, INC. (RSG) financials

Income statement

REPUBLIC SERVICES, INC. (RSG) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$9.39B$10.0B$10.0B$10.3B$10.2B$11.3B$13.5B$15.0B$16.0B$16.6B
Revenue growth—7.0%-0.0%2.6%-1.4%11.2%19.6%10.8%7.1%3.5%
Operating income$1.54B$1.67B$1.74B$1.79B$1.71B$2.08B$2.39B$2.78B$3.20B$3.30B
Operating margin16.4%16.6%17.3%17.4%16.8%18.4%17.7%18.6%19.9%19.9%
Net income$613M$1.28B$1.04B$1.07B$967M$1.29B$1.49B$1.73B$2.04B$2.14B
Net margin6.5%12.7%10.3%10.4%9.5%11.4%11.0%11.6%12.7%12.9%
EPS (diluted)$1.78$3.77$3.16$3.33$3.02$4.04$4.69$5.47$6.49$6.85

Cash flow

REPUBLIC SERVICES, INC. (RSG) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.85B$1.91B$2.24B$2.35B$2.47B$2.79B$3.19B$3.62B$3.94B$4.30B
Capital expenditures$928M$990M$1.07B$1.21B$1.19B$1.32B$1.45B$1.63B$1.85B$1.89B
Free cash flow$920M$921M$1.17B$1.15B$1.28B$1.47B$1.74B$1.99B$2.08B$2.41B
Share buybacks$404M$611M$737M$399M$98.8M$252M$203M$262M$482M$870M
Dividends paid$419M$441M$462M$491M$523M$553M$593M$638M$687M$738M

Balance sheet

REPUBLIC SERVICES, INC. (RSG) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$67.8M$83.3M$70.5M$47.1M$38.2M$29.0M$143M$140M$74.0M$76.0M
Total assets$20.6B$21.1B$21.6B$22.7B$23.4B$25.0B$29.1B$31.4B$32.4B$34.4B
Long-term debt——$8.45B$8.79B$9.05B$9.68B$11.9B$12.8B$12.8B$13.7B
Shareholders' equity$7.69B$7.96B$7.93B$8.12B$8.48B$8.98B$9.69B$10.5B$11.4B$12.0B
Retained earnings$3.32B$4.15B$4.75B$5.32B$5.75B$6.48B$7.36B$8.43B$9.77B$11.2B
Shares (wtd avg diluted)344M339M328M322M320M319M317M317M315M312M

Every figure is extracted from REPUBLIC SERVICES, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is REPUBLIC SERVICES, INC.'s annual revenue?
REPUBLIC SERVICES, INC. (RSG) reported $16.6B of revenue for fiscal year 2025 — up 3.5% from $16.0B in FY2024, per its annual report filed with the SEC.
Is REPUBLIC SERVICES, INC. profitable?
Yes — RSG earned $2.14B of net income in FY2025, a 12.9% net margin, per SEC filings.
What is REPUBLIC SERVICES, INC.'s free cash flow?
$2.41B in FY2025 (operating cash flow $4.30B minus $1.89B of capital expenditures), from the SEC cash-flow statement.
Does RSG pay a dividend?
Yes — REPUBLIC SERVICES, INC. paid $738M in cash dividends during FY2025, per its SEC cash-flow statement.
Full RSG analysis — verdict, score & filings →Is RSG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.