financial statements
The full income statement, balance sheet, and cash-flow statement for Republic Services Inc. (RSG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 16.6B YoY+3.5% | 16.0B YoY+7.1% | 15.0B YoY+10.8% | 13.5B YoY+19.6% | 11.3B YoY+11.2% | |
| Cost of revenue | 9.63B YoY+3.0% | 9.35B YoY+4.6% | 8.94B YoY+9.0% | 8.21B YoY+21.8% | 6.74B YoY+10.4% | |
| Selling, general & administrative | 1.71B YoY+2.2% | 1.67B YoY+4.0% | 1.61B YoY+10.7% | 1.45B YoY+21.6% | 1.20B YoY+13.6% | |
| Restructuring | 20.0M YoY-31.0% | 29.0M YoY-12.1% | 33.0M YoY+22.2% | 27.0M YoY+62.7% | 16.6M YoY-17.0% | |
| Amortization of intangibles | 89.0M YoY+12.7% | 79.0M YoY+19.7% | 66.0M YoY+22.4% | 53.9M YoY+61.4% | 33.4M YoY+58.3% | |
| Provision for credit losses | 40.0M YoY+48.1% | 27.0M YoY-49.1% | 53.0M YoY+29.3% | 41.0M YoY+106.0% | 19.9M YoY-28.4% | |
| Operating income | 3.30B YoY+3.3% | 3.20B YoY+15.0% | 2.78B YoY+16.2% | 2.39B YoY+15.2% | 2.08B YoY+21.5% | |
| Interest expense | 574M YoY+6.5% | 539M YoY+6.1% | 508M YoY+28.5% | 396M YoY+25.7% | 315M YoY-11.5% | |
| Interest & investment income | 8.00M YoY-11.1% | 9.00M YoY+50.0% | 6.00M YoY+100.0% | 3.00M YoY+20.0% | 2.50M YoY-51.9% | |
| Other non-operating income | 21.0M YoY-8.7% | 23.0M YoY+228.6% | 7.00M YoY+450.0% | -2.00M YoY-300.0% | -500K YoY-112.2% | |
| Equity-method income | -163M YoY+36.1% | -255M YoY-171.3% | -94.0M YoY+43.4% | -166M YoY+11.9% | -189M YoY-59.5% | |
| Pre-tax income | 2.59B YoY+6.7% | 2.43B YoY+11.0% | 2.19B YoY+19.6% | 1.83B YoY+16.3% | 1.58B YoY+37.8% | |
| Income tax | 455M YoY+17.3% | 388M YoY-15.7% | 460M YoY+33.7% | 344M YoY+21.6% | 283M YoY+63.4% | |
2.14B YoY+4.7% | 2.04B YoY+18.0% | 1.73B YoY+16.4% | 1.49B YoY+15.3% | 1.29B YoY+33.4% | ||
$6.85 YoY+5.5% | $6.49 YoY+18.6% | $5.47 YoY+16.6% | $4.69 YoY+16.1% | $4.04 YoY+33.8% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
2.52B YoY+4.9% | 2.41B YoY+1.0% | 2.38B YoY+1.0% | 2.36B YoY+37.8% | 1.71B YoY+12.4% | ||
34.4B YoY+6.1% | 32.4B YoY+3.2% | 31.4B YoY+8.1% | 29.1B YoY+16.4% | 25.0B YoY+6.5% | ||
3.93B YoY-4.8% | 4.13B YoY-2.4% | 4.23B YoY+24.7% | 3.39B YoY+40.4% | 2.42B YoY+5.9% | ||
| Long-term debt | 13.7B YoY+6.8% | 12.8B YoY+0.2% | 12.8B YoY+7.7% | 11.9B YoY+23.0% | 9.68B YoY+6.9% | |
| Non-current lease liability | 177M YoY-6.3% | 189M YoY-3.1% | 195M YoY-18.1% | 238M YoY-0.4% | 239M YoY+15.7% | |
| Other non-current liabilities | 556M YoY-5.4% | 588M YoY-1.2% | 595M YoY-9.9% | 661M YoY+2.8% | 642M YoY-5.8% | |
12.0B YoY+4.9% | 11.4B YoY+8.2% | 10.5B YoY+8.8% | 9.69B YoY+7.9% | 8.98B YoY+5.8% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
4.30B YoY+9.1% | 3.94B YoY+8.8% | 3.62B YoY+13.4% | 3.19B YoY+14.5% | 2.79B YoY+12.7% | ||
-3.31B YoY-29.4% | -2.56B YoY+30.2% | -3.67B YoY+17.1% | -4.42B YoY-79.4% | -2.47B YoY-28.3% | ||
-938M YoY+32.9% | -1.40B YoY-2354.8% | 62.0M YoY-95.4% | 1.34B YoY+508.3% | -329M YoY+46.2% | ||
| FX effect on cash | — | -2.00M YoY-300.0% | 1.00M YoY+133.3% | -3.00M | 0.00 | |
| Net change in cash | 46.0M YoY+284.0% | -25.0M YoY-278.6% | 14.0M YoY-87.0% | 108M YoY+1355.8% | -8.60M YoY+86.4% | |
| Interest paid | 500M YoY+2.7% | 487M YoY+15.1% | 423M YoY+35.6% | 312M YoY+25.1% | 249M YoY-23.3% | |
| Income taxes paid | 206M YoY-34.2% | 313M YoY-8.7% | 343M YoY+85.4% | 185M YoY-38.4% | 300M YoY+142.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 65.6B YoY+4.1% | 63.0B YoY+21.4% | 51.9B YoY+27.3% | 40.8B YoY-7.8% | 44.2B YoY+44.1% | |
| P/E | 30.7× YoY-0.5% | 30.8× YoY-3.2% | 31.8× YoY+13.6% | 28.0× YoY-18.2% | 34.3× YoY+8.0% | |
| P/S | 4.0× YoY+0.6% | 3.9× YoY+10.5% | 3.6× YoY+12.9% | 3.2× YoY-19.5% | 3.9× YoY+29.5% | |
| P/B | 5.5× YoY-0.8% | 5.5× YoY+9.4% | 5.0× YoY+17.6% | 4.3× YoY-12.8% | 4.9× YoY+36.1% | |
| P/FCF | 27.2× YoY-10.7% | 30.5× YoY+12.1% | 27.2× YoY+13.0% | 24.1× YoY-19.9% | 30.1× YoY+25.1% | |
| Earnings yield | 3.3% YoY+0.5% | 3.2% YoY+3.3% | 3.1% YoY-12.0% | 3.6% YoY+22.3% | 2.9% YoY-7.4% | |
| FCF yield | 3.7% YoY+12.0% | 3.3% YoY-10.8% | 3.7% YoY-11.5% | 4.2% YoY+24.8% | 3.3% YoY-20.1% | |
| Dividend yield | 1.1% YoY+2.6% | 1.1% YoY-11.3% | 1.2% YoY-15.6% | 1.5% YoY+16.7% | 1.3% YoY-26.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: RSG's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RSG filings on SEC EDGAR → Not investment advice.