Republic Services, Inc. (RSG) Financial Statements
Republic Services financial statements at a glance
Republic Services reported revenue of $16.59 billion for fiscal year 2025 (ended December 31, 2025), up 3.5% from fiscal year 2024. Net income was $2.14 billion, a net margin of 12.9%.
At the end of fiscal year 2025 it had total assets of $34.37 billion, total liabilities of $22.40 billion and shareholders' equity of $11.97 billion, with total debt of $13.58 billion.
Its operations brought in $4.30 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Republic Services, Inc.
Income Statement
Annual • USD
Republic Services key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $16.6B | $16.0B | $15.0B | $13.5B | $11.3B |
| Gross profit | $7.1B | $6.9B | $6.2B | $5.5B | $4.6B |
| Operating income | $3.3B | $3.2B | $2.8B | $2.4B | $2.1B |
| Net income | $2.1B | $2.0B | $1.7B | $1.5B | $1.3B |
| Diluted EPS | – | – | – | – | $4.04 |
| Total assets | $34.4B | $32.4B | $31.4B | $29.1B | $25.0B |
| Total liabilities | $22.4B | $21.0B | $20.9B | $19.4B | $16.0B |
| Shareholders' equity | $12.0B | $11.4B | $10.5B | $9.7B | $9.0B |
| Cash | – | – | – | – | $29.0M |
| Total debt | $13.6B | $12.7B | $12.8B | $11.8B | $9.8B |
| Operating cash flow | $4.3B | $3.9B | $3.6B | $3.2B | $2.8B |
| Capital spending | – | – | – | – | $1.3B |
| Free cash flow | – | – | – | – | $1.5B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Republic Services's revenue in fiscal year 2025?
$16.59 billion, up 3.5% from $16.03 billion in fiscal year 2024.
How much profit does Republic Services make?
Republic Services reported net income of $2.14 billion for fiscal year 2025 (12.9% of revenue); operating income was $3.30 billion.
How much cash and debt does Republic Services have?
At the end of fiscal year 2025: total debt of $13.58 billion.
