Republic Services

RSG

Market cap $67.2B

MURFREESBORO, Tenn., Nov. 26, 2025 /PRNewswire/ -- As rising grocery prices and other factors strain many Tennessee families, an unexpected holiday boost arrived just in time for Thanksgiving.

The Zacks Waste Removal Services industry is anticipated to improve from increasing requirements for ESG Goals, technological developments and innovation in the WTE technology. XYL, ZWS and RSG are well-positioned to gain from growing demands.

Republic Services is upgraded to Buy, offering value after a recent pullback despite macro headwinds and missed earnings. RSG continues to deliver margin expansion, strong free cash flow growth, and increased dividends, supported by pricing power and strategic acquisitions. Lower interest rates and a recovering economy could further boost RSG's cash flow, despite ongoing market uncertainty and economic dependency risks.

RSG tops third-quarter 2025 earnings estimates on stronger margins.

Republic Services, Inc. ( RSG ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Aaron Evans - Vice President of Investor Relations Jon Vander Ark - President, CEO & Director Brian Delghiaccio - Executive VP & CFO Conference Call Participants Patrick Brown - Raymond James & Associates, Inc., Research Division Noah Kaye - Oppenheimer & Co. Inc., Research Division Sabahat Khan - RBC Capital Markets, Research Division Bryan Burgmeier - Citigroup Inc., Research Division Kevin Chiang - CIBC Capital Markets, Research Division Trevor Romeo - William Blair & Company L.L.C., Research Division Jasper Bibb - Truist Securities, Inc., Research Division Yehuda Silverman - Morgan Stanley, Research Division Robert Wertheimer - Melius Research LLC David Manthey - Robert W.

Although the revenue and EPS for Republic Services (RSG) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Republic Services (RSG) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $1.81 per share a year ago.

Reported Earnings Per Share of $1.76 and Adjusted Earnings Per Share of $1.90 Reported Net Income Margin of 13.1 Percent and Adjusted EBITDA Margin of 32.8 Percent Generated Year-to-Date Cash Flow from Operations of $3.32 Billion and Adjusted Free Cash Flow of $2.19 Billion Invested More Than $1 Billion in Value-Creating Acquisitions Year-to-Date Certified as a Great Place to Work® for Ninth Consecutive Year PHOENIX , Oct. 30, 2025 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today reported net income of $550 million, or $1.76 per diluted share, for the three months ended September 30, 2025, versus $566 million, or $1.80 per diluted share, for the comparable 2024 period. Excluding certain expenses and other items, on an adjusted basis, net income for the three months ended September 30, 2025, was $594 million, or $1.90 per diluted share, versus $568 million, or $1.81 per diluted share, for the comparable 2024 period.

Evaluate the expected performance of Republic Services (RSG) for the quarter ended September 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

RSG's third-quarter 2025 results are likely to witness revenue growth despite margin pressure weighing on earnings.