Early Access

10-KPeriod: FY2014

REPUBLIC SERVICES, INC. Annual Report, Year Ended Dec 31, 2014

Filed February 23, 2015For Securities:RSG

Summary

Republic Services, Inc. (RSG) operates as the second largest provider of non-hazardous solid waste services in the United States, serving customers across 39 states and Puerto Rico. The company's business model is built on providing comprehensive waste management solutions, including collection, transfer, recycling, and disposal services. For the year ended December 31, 2014, RSG reported revenue of $8.79 billion, with a net income attributable to the company of $547.6 million. The company's strategy emphasizes both internal growth through price and volume increases, and strategic acquisitions to expand its service offerings and market presence. RSG demonstrates a strong commitment to safety and compliance, with industry-leading safety performance and robust compliance programs. The company is also focused on sustainability, evident in its investments in compressed natural gas (CNG) vehicles and landfill gas-to-energy projects. Financially, RSG is managing its debt effectively and returning capital to shareholders through dividends and share repurchases, indicating a focus on long-term shareholder value creation. The company operates through three geographic segments: East, Central, and West, each contributing to its national service footprint.

Financial Statements
Beta

Key Highlights

  • 1Republic Services is the second-largest provider of non-hazardous solid waste services in the U.S.
  • 2Reported revenue of $8.79 billion for the year ended December 31, 2014.
  • 3Achieved net income attributable to Republic Services, Inc. of $547.6 million for the year ended December 31, 2014.
  • 4Operates through three geographic segments: East, Central, and West.
  • 5Prioritizes safety with a safety performance 42% better than the industry average over the past 7 years.
  • 6Invests in sustainability initiatives, including a significant CNG fleet and landfill gas-to-energy projects.
  • 7Maintains a strong capital structure with investment-grade credit ratings and a commitment to returning capital to shareholders.

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