Republic Services (RSG) official guidance

Republic Services (RSG) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.

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RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
2 metrics1 new
earnings call · 17h
2026-10-29 22:06:47 UTC25new
We'll probably end up doing somewhere around 25 acquisitions this year, most of which will be small tuck-ins.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-10-29 22:06:47 UTCat least $1.2B
We expect to finish 2026 with at least $1.2 billion in acquisition investments.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-08-07 04:01:44 UTCat least $1.2B
We expect to invest more than $1.2 billion in value-creating acquisitions in 2026.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-05-08 04:01:27 UTCat least $1B
We expect to exceed at $1 billion of acquisition investment this year.
RSG · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
2026-02-18 05:01:38 UTC$1Bmaintained
We expect to invest approximately $1 billion in value-creating acquisitions in 2026.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:08:34 UTC$1Bnew
•Acquisitions: Republic expects to invest approximately $1 billion in acquisitions in 2026.
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTC30 bps – 50 bpsnew30 bps – 50 bps vs FY2026
This is designed to drive 30 to 50 basis points of annual EBITDA margin expansion.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.Q4 FY2026 · ends 2026-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTC$6new
We expect that to taper down a little bit and approach the $6 mark by the time we exit the year.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
1 metric1 lowered
earnings call · 17h
2026-10-29 22:06:47 UTC$5.5B – $5.6Blowered -0.4%
Adjusted EBITDA is now expected to be in the range of $5.5 billion to $5.575 billion, and adjusted free cash flow is expected to be in the range of $2.565 billion to $2.585 billion.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-10-29 20:11:32 UTC$5.5B – $5.6Braised +0.5%
•Adjusted EBITDA: Increased most recent guidance to a range of $5.550 billion to $5.575 billion
RSG · EX-99.1 · Q3 FY2026
2026-10-29 20:10:27 UTCOpen source
2026-08-07 04:01:44 UTC$5.5B – $5.5Bmaintained
Adjusted EBITDA is expected to be in a range of $5.525 billion to $5.55 billion.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-08-06 20:09:22 UTC$5.5B – $5.5Braised +0.7%
•Adjusted EBITDA: Increased original guidance to a range of $5.525 billion to $5.550 billion
RSG · EX-99.1 · Q2 FY2026
2026-08-06 20:08:11 UTCOpen source
2026-02-18 05:01:38 UTC$5.5B – $5.5Bmaintained
Adjusted EBITDA is expected to be in the range of $5.475 billion-$5.525 billion.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:08:34 UTC$5.5B – $5.5Bnew
•Adjusted EBITDA: Republic expects adjusted EBITDA to be in the range of $5.475 billion to $5.525 billion.
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2028+ · ends 2028-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTC$100Mnew
I think we mentioned $100 million run rate EBITDA by the end of 2028, and we still feel like we are on track for that number.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTCgrowing EBITDA even faster than revenuenew
This calls for consistently delivering mid-single-digit revenue growth while growing EBITDA, EPS, and free cash flow even faster than revenue.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
2 metrics1 lowered
earnings call · 17h
2026-10-29 22:06:47 UTC24%lowered -2.0%646 bps vs FY2025
For the full year, we expect an equivalent tax impact of approximately 24%.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-08-07 04:01:44 UTC24.5%new696 bps vs FY2025
We now expect an equivalent tax impact of approximately 24.5% for the year.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-10-29 22:06:47 UTCat least 300
We remain on track to finish the year with more than 300 EV trucks as we continue to grow this differentiated offering.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-08-07 04:01:44 UTCat least 300
We expect to exit this year with more than 300 EV collection trucks in our fleet and will continue to grow this differentiated service offering.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-05-08 04:01:27 UTCat least 300
We expect to exit this year with more than 300 EV collection trucks in our fleet to support the continued growth of this differentiated service offering.
RSG · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
2026-02-18 05:01:38 UTC150new
We expect to add another 150 EV collection trucks to our fleet this year to support the continued growth of this differentiated service offering.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTCEPS even faster than revenuenew
This calls for consistently delivering mid-single-digit revenue growth while growing EBITDA, EPS, and free cash flow even faster than revenue.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
1 metric1 maintained
earnings call · 17h
2026-10-29 22:06:47 UTC$2.6B – $2.6Bmaintained
Adjusted EBITDA is now expected to be in the range of $5.5 billion to $5.575 billion, and adjusted free cash flow is expected to be in the range of $2.565 billion to $2.585 billion.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-10-29 20:11:32 UTC$2.6B – $2.6Braised +0.7%
•Adjusted Free Cash Flow: Increased most recent guidance to a range of $2.565 billion to $2.585 billion
RSG · EX-99.1 · Q3 FY2026
2026-10-29 20:10:27 UTCOpen source
2026-08-07 04:01:44 UTC$2.5B – $2.6Bmaintained
Adjusted free cash flow is expected to be in a range of $2.54 billion to $2.575 billion.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-08-06 20:09:22 UTC$2.5B – $2.6Braised +0.7%
•Adjusted Free Cash Flow: Increased original guidance to a range of $2.540 billion to $2.575 billion
RSG · EX-99.1 · Q2 FY2026
2026-08-06 20:08:11 UTCOpen source
2026-02-18 05:01:38 UTC$2.5B – $2.6Bmaintained
We expect to deliver adjusted earnings per share in a range of $7.20-$7.28, and we expect to generate adjusted free cash flow in a range of $2.52 billion-$2.56 billion.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:08:34 UTC$2.5B – $2.6Bnew
•Adjusted Free Cash Flow: Republic expects adjusted free cash flow to be in the range of $2.520 billion to $2.560 billion.
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTCfree cash flow even faster than revenuenew
This calls for consistently delivering mid-single-digit revenue growth while growing EBITDA, EPS, and free cash flow even faster than revenue.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
1 metric1 maintained
earnings call · 17h
2026-10-29 22:06:47 UTC$17.4B – $17.5Bmaintained5% – 5.3% vs FY2025
Revenue is now expected to be in the range of $17.425 billion to $17.475 billion.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-10-29 20:11:32 UTC$17.4B – $17.5Braised +1.2%5% – 5.3% vs FY2025
•Revenue: Increased most recent guidance to a range of $17.425 billion to $17.475 billion
RSG · EX-99.1 · Q3 FY2026
2026-10-29 20:10:27 UTCOpen source
2026-08-07 04:01:44 UTC$17.2B – $17.3Bmaintained3.7% – 4.3% vs FY2025
Building on the strong results delivered through the first half of the year and continued momentum we see across the business, we raised our full-year 2026 guidance as follows. Revenue is expected to be in the range of $17.2 billion to $17.3 billion.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-08-06 20:09:22 UTC$17.2B – $17.3Braised +0.9%3.7% – 4.3% vs FY2025
•Revenue: Increased original guidance to a range of $17.200 billion to $17.300 billion
RSG · EX-99.1 · Q2 FY2026
2026-08-06 20:08:11 UTCOpen source
2026-02-18 05:01:38 UTC$17.1B – $17.1Bmaintained2.8% – 3.4% vs FY2025
More specifically, we expect full-range revenue in a range of $17.05 billion-$17.15 billion.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:08:34 UTC$17.1B – $17.1Bnew2.8% – 3.4% vs FY2025
•Revenue: Republic expects revenue to be in the range of $17.050 billion to $17.150 billion.
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTCpositive revenue growthnew
We continue to see strong demand for our Environmental Solutions customers and expect positive revenue growth to continue through the rest of the year and into 2027.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
1 metric1 new
earnings call · 17h
2026-10-29 22:06:47 UTCmid-single-digit revenue growthnew4% – 6% vs FY2026
This calls for consistently delivering mid-single-digit revenue growth while growing EBITDA, EPS, and free cash flow even faster than revenue.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
1 metric1 maintained
earnings call · 17h
2026-10-29 22:06:47 UTC2maintained
We are on track to complete two additional RNG projects by year-end, which would bring the total project additions for the year to four.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-08-07 04:01:44 UTC2lowered -50.0%
We commenced operations at two RNG projects during the second quarter and expect two additional projects to begin operations by year-end.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-05-08 04:01:27 UTC4maintained
We expect four additional RNG projects to begin operations in 2026, which would bring our total landfill gas to energy portfolio to 82 projects.
RSG · transcript · Q1 FY2026
2026-05-08 04:00:00 UTCOpen source
2026-02-18 05:01:38 UTC4new
We expect four more RNG projects to be in operation in 2026.
RSG · transcript · Q4 FY2025
2026-02-18 05:00:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2027 · ends 2027-12-31
2 metrics1 new1 maintained
earnings call · 17h
2026-10-29 22:06:47 UTC-2%maintained-2% vs FY2026
I think that roughly 2% is probably about where we'll end up landing next year.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
2026-08-07 04:01:44 UTC-2%new-2% vs FY2026
That moving in 2027 at this point, probably still down circa 2%, based on what we expect right now.
RSG · transcript · Q2 FY2026
2026-08-07 04:00:00 UTCOpen source
2026-10-29 22:06:47 UTCpositive volume next yearnew
But if the macro hangs in there, we would absolutely expect to see positive volume next year.
RSG · transcript · Q3 FY2026
2026-10-29 22:06:00 UTCOpen source
RSGREPUBLIC SERVICES, INC.FY2026 · ends 2026-12-31
2 metrics1 raised1 maintained
earnings release · 19h
2026-10-29 20:11:32 UTC$2B – $2Bmaintained4.4% – 6.5% vs FY2025
| Property and equipment received | (1,970) - (2,010) |
RSG · EX-99.1 · Q3 FY2026
2026-10-29 20:10:27 UTCOpen source
2026-08-06 20:09:22 UTC$2B – $2Bmaintained4.4% – 6.5% vs FY2025
| Property and equipment received | (1,970) - (2,010) |
RSG · EX-99.1 · Q2 FY2026
2026-08-06 20:08:11 UTCOpen source
2026-02-17 21:08:34 UTC$2B – $2Bnew4.4% – 6.5% vs FY2025
| Property and equipment received | (1,970) - (2,010) |
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source
2026-10-29 20:11:32 UTC$2B – $2Braised +1.2%
| Depreciation, depletion, amortization and accretion | 2,025 - 2,035 |
RSG · EX-99.1 · Q3 FY2026
2026-10-29 20:10:27 UTCOpen source
2026-08-06 20:09:22 UTC$2B – $2Braised +1.0%
| Depreciation, depletion, amortization and accretion | 2,000 - 2,010 |
RSG · EX-99.1 · Q2 FY2026
2026-08-06 20:08:11 UTCOpen source
2026-02-17 21:08:34 UTC$2B – $2Bnew
| Depreciation, depletion, amortization and accretion | 1,980 - 1,990 |
RSG · EX-99.1 · Q4 FY2025
2026-02-17 21:06:16 UTCOpen source