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RSG

Republic Services, Inc.
$230.32
-1.14% Oct 21 close
IndustrialsS&P 500 Compare
-10%-3%+4%+11%+17%Oct 2025Oct 2026Apr 2026
RSGSPY
1W
+2.6%
1M
+8.0%
3M
+6.7%
6M
+12.9%
YTD
+10.0%
1Y
+5.5%

Live chart

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What they do

Republic Services, Inc. offers environmental services in the United States and Canada. It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions. Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers.

Industrials · Waste Management

For information only · Important disclosures

Grades vs sector

Momentum
41st percentile in sector
C
12-1 return: +1.7%
Percentile within its GICS sector across the S&P 1500.
Growth
25th percentile in sector
D+
Revenue growth (YoY): +4.6%
Percentile within its GICS sector across the S&P 1500.
Value
26th percentile in sector
D+
Forward E/P: 3.5% · EBITDA/EV: 6.2%
Percentile within its GICS sector across the S&P 1500.
Profitability
66th percentile in sector
B
Profit margin: +12.9% · Return on equity: +18.2%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
ranked 354 of 499 · 12-month momentum -2.6%
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
MRF upgrades for Republic, Circular Services harness AI and tech
Waste Dive · 12h ago
3 Large-Cap Stocks That Concern Us
StockStory · 12h ago
The Zacks Analyst Blog Highlights Abbott Laboratories, Johnson & Johnson, Stryker, Waste Management and Republic Services
Zacks · Oct 20
Is Modest Earnings Beat Altering The Investment Case For WillScot Stock?
Simply Wall St. · Oct 18
WillScot Holdings (WSC) Stock Dropped, What Is Driving Attention Now?
Simply Wall St. · Oct 17

Key stats

Market value$70.5B
P/E (last 12 months)32.7
P/E (next 12 months, estimated)28.5
52-week range$196.41 – $233.42
Revenue growth (latest quarter vs a year ago)+4.6%
Dividend yield1.15%
Analyst consensusBuy (24)
Average analyst price target$243.46 (+6%)
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Looks expensive
Model read-out from the numbers below, not advice. Score -3 (DCF counts double).
▼DCF (base case)below the price by 16%
▼Forward P/E vs sector28.5x vs median 17.1x
•Piotroski F-score5/9
•Net debt / EBITDA2.6x
•Analyst target+6% (24 analysts)

Discounted cash flow

Bear
$92
-60%
growth 1% · disc. 8.0% · term. 2.0%
Base
$194
-16%
growth 6% · disc. 7.0% · term. 2.5%
Bull
$377
+64%
growth 9% · disc. 6.0% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Today's price assumes free cash flow grows about 7% a year for 10 years.
Implied
+7%/yr
FCF, last 3 yrs
+12%/yr
FCF, last 5 yrs
+14%/yr
Revenue, last 3 yrs
+7%/yr
Revenue, last 5 yrs
+10%/yr
Same inputs as the DCF above: trailing free cash flow 2.7B, 7.0% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.40 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)
sector median 26.4× · 69th pct
32.7×
pricier
Forward P/E
sector median 17.1× · 89th pct
28.5×
pricier
EV / EBITDA
sector median 14.8× · 58th pct
16.1×
pricier
Price / sales
sector median 2.1× · 73rd pct
3.6×
pricier
Price / book
sector median 3.5× · 71st pct
5.9×
pricier
FCF yield
sector median 4.5% · 39th pct
3.8%
pricier

Forward EPS $8.07 vs trailing $7.05 (+14% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin
49.3%
Operating margin
17.4%
FCF margin
13.7%
Net margin
11.3%
Return on equity
18.2%
Return on invested capital
11.2%
Net debt / EBITDA
2.6×
Current ratio
0.6×
Interest cover
5.7×
Cash conversion (OCF/NI)
2.1×
Piotroski F-score 5/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Analysts

Mean target
$243
+6%
Analysts
24
Buy
Range
$208–$272
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2025$19.0B$2.1B$2.4B
2024$18.4B$2.0B$2.1B
2023$17.3B$1.7B$2.0B
2022$15.6B$1.5B$1.7B
2021$13.3B$1.3B$1.5B
2020$12.0B$967.2M$1.3B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +6.7%.

Earnings

Next report: 2026-10-29 · after close · EPS est 1.93
24-1025-0225-0425-0725-1026-0226-0526-080.001.90
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-061.821.85+1.7%
2026-05-071.641.70+3.8%
2026-02-171.631.76+7.9%
2025-10-301.781.90+6.5%
2025-07-291.761.77+0.8%
2025-04-241.531.58+3.1%
2025-02-131.391.58+13.6%
2024-10-291.611.81+12.3%

Quarterly revenue

QuarterRevenueYoY
2026-06-30$4.4B+4.6%
2026-03-31$4.1B–
2025-12-31$4.1B–
2025-09-30$4.2B–
2025-06-30$4.2B–
Analyst actions
Morgan Stanley
2026-10-13 · main
Equal-Weight → Equal-Weight
PT $219
CIBC
2026-10-08 · main
Outperformer → Outperformer
PT $240
UBS
2026-08-11 · main
Neutral → Neutral
PT $235
Barclays
2026-08-07 · main
Equal-Weight → Equal-Weight
PT $240
Citigroup
2026-07-10 · main
Buy → Buy
PT $259
UBS
2026-05-12 · main
Neutral → Neutral
PT $223

Recent dividends

2026-10-02: $0.670 · 2026-07-02: $0.625 · 2026-04-02: $0.625 · 2026-01-02: $0.625 · 2025-10-02: $0.625 · 2025-07-02: $0.580 · 2025-04-02: $0.580 · 2025-01-02: $0.580
Insider trades
Cascade Investment, L.L.C.
10% owner · 2026-09-11
Buy
$1.2M
Cascade Investment, L.L.C.
10% owner · 2026-09-11
Buy
$39.4M
Cascade Investment, L.L.C.
10% owner · 2026-09-11
Buy
$30.2M
Cascade Investment, L.L.C.
10% owner · 2026-09-11
Buy
$1.7M
Cascade Investment, L.L.C.
10% owner · 2026-09-10
Buy
$457.6K
Cascade Investment, L.L.C.
10% owner · 2026-09-10
Buy
$10.7M
Cascade Investment, L.L.C.
10% owner · 2026-09-10
Buy
$21.8M
Cascade Investment, L.L.C.
10% owner · 2026-09-10
Buy
$24.0M
Cascade Investment, L.L.C.
10% owner · 2026-09-09
Buy
$14.4M
Cascade Investment, L.L.C.
10% owner · 2026-09-09
Buy
$47.2M
Cascade Investment, L.L.C.
10% owner · 2026-09-09
Buy
$7.2M
Cascade Investment, L.L.C.
10% owner · 2026-09-08
Buy
$4.0M

Stats refreshed 2026-10-21 18:22:49 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026