Republic Services, Inc. (RSG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.11B | 4.13B | 4.21B | 4.24B | 4.01B | 4.05B | 4.08B | 4.05B | 3.86B | 3.83B | 3.83B | 3.73B | 3.58B | 3.53B | 3.6B | 3.41B | 2.97B | 2.95B | 2.93B | 2.81B |
| Revenue Growth % | 2.59% | 2.2% | 3.33% | 4.62% | 3.81% | 5.6% | 6.54% | 8.64% | 7.84% | 8.55% | 6.34% | 9.15% | 20.57% | 19.53% | 22.63% | 21.36% | 14.39% | 14.75% | 14.07% | 14.6% |
| Cost of Goods Sold | 2.86B | 2.4B | 2.46B | 2.45B | 2.31B | 2.79B | 2.82B | 2.82B | 2.71B | 2.69B | 2.69B | 2.61B | 2.55B | 2.55B | 2.57B | 2.07B | 2.1B | 2.13B | 2.07B | 1.97B |
| COGS % of Revenue | 69.46% | 58.14% | 58.48% | 57.83% | 57.72% | 68.88% | 69.07% | 69.72% | 70.15% | 70.23% | 70.34% | 69.97% | 71.27% | 72.35% | 71.41% | 60.51% | 70.56% | 72.12% | 70.42% | 70.19% |
| Gross Profit | 1.26B | 1.73B | 1.75B | 1.79B | 1.7B | 1.26B | 1.26B | 1.23B | 1.15B | 1.14B | 1.13B | 1.12B | 1.03B | 975.9M | 1.03B | 1.35B | 874.4M | 823.2M | 867.8M | 838.4M |
| Gross Margin % | 30.54% | 41.86% | 41.52% | 42.17% | 42.28% | 31.12% | 30.93% | 30.28% | 29.85% | 29.77% | 29.66% | 30.03% | 28.73% | 27.65% | 28.59% | 39.49% | 29.44% | 27.88% | 29.58% | 29.81% |
| Gross Profit Growth % | -25.9% | 37.49% | 38.74% | 45.71% | 47.05% | 10.36% | 11.1% | 9.56% | 12.04% | 16.9% | 10.3% | -17% | 17.66% | 18.55% | 18.54% | 60.77% | 15.13% | 11.53% | 16.44% | -15.01% |
| Operating Expenses | 425M | 924M | 910M | 916M | 888M | 447M | 406M | 407.6M | 414M | 426.7M | 395.9M | 396M | 379.2M | 391.5M | 362.8M | 758.3M | 307.8M | 315.5M | 299M | 315.8M |
| OpEx % of Revenue | 10.33% | 22.35% | 21.6% | 21.63% | 22.15% | 11.05% | 9.96% | 10.07% | 10.72% | 11.14% | 10.35% | 10.63% | 10.59% | 11.09% | 10.08% | 22.21% | 10.36% | 10.68% | 10.19% | 11.23% |
| Selling, General & Admin | 425M | 423M | 413M | 417M | 417M | 447M | 406M | 407.6M | 414M | 407.6M | 395.9M | 396M | 379.2M | 366.5M | 362.8M | 328.8M | 307.8M | 315.5M | 299M | 315.8M |
| SG&A % of Revenue | 10.33% | 10.23% | 9.81% | 9.85% | 10.4% | 11.05% | 9.96% | 10.07% | 10.72% | 10.64% | 10.35% | 10.63% | 10.59% | 10.38% | 10.08% | 9.63% | 10.36% | 10.68% | 10.19% | 11.23% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 |
| Operating Income | 831M | 807M | 839M | 870M | 807M | 812M | 854.6M | 818.1M | 738.7M | 714.1M | 738.8M | 722.7M | 649.6M | 584.4M | 665.9M | 589.6M | 566.6M | 507.7M | 568.8M | 522.6M |
| Operating Margin % | 20.2% | 19.52% | 19.92% | 20.54% | 20.13% | 20.07% | 20.97% | 20.21% | 19.13% | 18.64% | 19.31% | 19.4% | 18.14% | 16.56% | 18.51% | 17.27% | 19.08% | 17.19% | 19.39% | 18.58% |
| Operating Income Growth % | 2.97% | -0.62% | -1.83% | 6.34% | 9.25% | 13.71% | 15.67% | 13.2% | 13.72% | 22.19% | 10.95% | 22.57% | 14.65% | 15.11% | 17.07% | 12.82% | 14.67% | 5.38% | 16.27% | 32.17% |
| EBITDA | 1.32B | 1.29B | 1.33B | 1.36B | 1.27B | 1.28B | 1.3B | 1.26B | 1.16B | 1.14B | 1.15B | 1.11B | 1.03B | 956.9M | 1.04B | 949.6M | 898.7M | 827.5M | 890.9M | 846.3M |
| EBITDA Margin % | 32.14% | 31.27% | 31.51% | 32.16% | 31.65% | 31.69% | 31.97% | 31.07% | 30.16% | 29.77% | 29.95% | 29.67% | 28.83% | 27.11% | 28.98% | 27.82% | 30.26% | 28.02% | 30.37% | 30.09% |
| EBITDA Growth % | 4.18% | 0.86% | 1.82% | 8.28% | 8.97% | 12.38% | 13.76% | 13.78% | 12.8% | 19.22% | 9.89% | 16.42% | 14.88% | 15.64% | 17.03% | 12.21% | 12.8% | 7.5% | 14.13% | 23.49% |
| D&A (Non-Cash Add-back) | 491M | 486M | 488M | 492M | 462M | 470M | 448.7M | 439.7M | 425.8M | 426.7M | 406.9M | 382.8M | 382.8M | 372.5M | 376.7M | 360M | 332.1M | 319.8M | 322.1M | 323.7M |
| EBIT | 831M | 710M | 788M | 865M | 805M | 665.7M | 782.8M | 782.3M | 738.2M | 618.4M | 736.4M | 704.6M | 648.8M | 475.9M | 613.4M | 572.1M | 555.7M | 339.7M | 549.6M | 507.3M |
| Net Interest Income | -148M | -144M | -141M | -143M | -138M | -131.7M | -132M | -126.7M | -137.8M | -134M | -128.1M | -122.8M | -125.3M | -101.1M | -104.8M | -93.3M | -83M | -62.2M | -78.3M | -79.3M |
| Interest Income | 2M | 2M | 2M | 2M | 2M | 2M | 4.3M | 1.6M | 1.5M | 1.5M | 2M | 1.6M | 1.4M | 1.4M | 800K | 700K | 500K | 600K | 600K | 600K |
| Interest Expense | 150M | 146M | 143M | 145M | 140M | 133.7M | 136.3M | 128.3M | 139.3M | 135.5M | 130.1M | 124.4M | 126.7M | 102.5M | 105.6M | 94M | 83.5M | 62.8M | 78.9M | 79.9M |
| Other Income/Expense | -175M | -243M | -194M | -150M | -142M | -280M | -208.1M | -164.1M | -139.8M | -231.2M | -132.5M | -142.5M | -127.5M | -211M | -158.1M | -111.5M | -94.4M | -230.8M | -98.1M | -95.2M |
| Pretax Income | 656M | 564M | 645M | 720M | 665M | 532.7M | 646.5M | 654M | 598.9M | 482.9M | 606.3M | 580.2M | 522.1M | 373.4M | 507.8M | 478.1M | 472.2M | 276.9M | 470.7M | 427.4M |
| Pretax Margin % | 15.95% | 13.64% | 15.31% | 17% | 16.59% | 13.17% | 15.86% | 16.16% | 15.51% | 12.6% | 15.85% | 15.57% | 14.58% | 10.58% | 14.11% | 14.01% | 15.9% | 9.38% | 16.04% | 15.19% |
| Income Tax | 131M | 20M | 95M | 170M | 170M | 20.2M | 80.6M | 142.1M | 145.2M | 43.2M | 126M | 152.6M | 138.2M | 26.4M | 90.9M | 106.3M | 120.3M | -36.2M | 119.9M | 95.4M |
| Effective Tax Rate % | 19.97% | 3.55% | 14.73% | 23.61% | 25.56% | 3.79% | 12.47% | 21.73% | 24.24% | 8.95% | 20.78% | 26.3% | 26.47% | 7.07% | 17.9% | 22.23% | 25.48% | -13.07% | 25.47% | 22.32% |
| Net Income | 525M | 544M | 550M | 550M | 495M | 512M | 565.7M | 511.5M | 453.8M | 439.6M | 480.2M | 427.4M | 383.9M | 346.8M | 416.9M | 371.9M | 352M | 313.1M | 350.3M | 331.1M |
| Net Margin % | 12.76% | 13.16% | 13.06% | 12.99% | 12.35% | 12.65% | 13.88% | 12.64% | 11.75% | 11.47% | 12.55% | 11.47% | 10.72% | 9.83% | 11.59% | 10.89% | 11.85% | 10.6% | 11.94% | 11.77% |
| Net Income Growth % | 6.06% | 6.25% | -2.78% | 7.53% | 9.08% | 16.47% | 17.81% | 19.68% | 18.21% | 26.76% | 15.18% | 14.92% | 9.06% | 10.76% | 19.01% | 12.32% | 18.96% | 32.95% | 34.73% | 46.83% |
| Net Income (Continuing) | 525M | 544M | 550M | 550M | 495M | 512.5M | 565.9M | 511.9M | 453.7M | 439.7M | 480.3M | 427.6M | 383.9M | 347M | 416.9M | 371.8M | 351.9M | 313.1M | 350.8M | 332M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1M | 1M | 1M | 2M | 2M | 2M | 1.4M | 1.2M | 800K | 1M | 1.1M | 1M | 800K | 800K | 600K | 600K | 700K | 800K | 5.6M | 5.1M |
| EPS (Diluted) | 1.70 | 1.76 | 1.76 | 1.75 | 1.58 | 1.63 | 1.80 | 1.62 | 1.44 | 1.39 | 1.52 | 1.35 | 1.21 | 1.09 | 1.32 | 1.17 | 1.11 | 0.98 | 1.10 | 1.03 |
| EPS Growth % | 7.59% | 7.98% | -2.22% | 8.02% | 9.72% | 17.27% | 18.42% | 20% | 19.01% | 27.52% | 15.15% | 15.38% | 9.01% | 11.22% | 20% | 13.59% | 19.35% | 32.43% | 35.8% | 45.07% |
| EPS (Basic) | 1.70 | 1.76 | 1.76 | 1.76 | 1.58 | 1.63 | 1.80 | 1.62 | 1.44 | 1.40 | 1.52 | 1.35 | 1.21 | 1.10 | 1.32 | 1.18 | 1.11 | 0.99 | 1.10 | 1.04 |
| Diluted Shares Outstanding | 309.1M | 309.7M | 311.7M | 313.1M | 313.3M | 314.4M | 314.37M | 315.24M | 315.7M | 315.7M | 316.56M | 317.31M | 317.14M | 317.1M | 317M | 317M | 317.2M | 318.5M | 319.4M | 320M |
| Basic Shares Outstanding | 309.1M | 309.7M | 311.7M | 313.1M | 313M | 314.4M | 314M | 314.91M | 315.3M | 315.1M | 316.06M | 316.85M | 316.71M | 316.5M | 316.51M | 316.47M | 316.6M | 317.6M | 318.6M | 319.5M |
| Dividend Payout Ratio | 36.76% | 35.66% | 33.09% | 32.91% | 36.57% | 35.59% | 29.7% | 32.94% | 37.09% | 38.35% | 32.59% | 36.64% | 40.74% | 45.1% | 34.85% | 39.07% | 41.45% | 46.66% | 38.65% | 40.95% |