Summary
Republic Services, Inc. reported a solid financial performance for the second quarter of 2025, with revenue increasing by 4.6% year-over-year to $4.235 billion and net income attributable to the company rising to $550 million, or $1.75 per diluted share. This growth was driven by a combination of average yield increases across its service lines, strategic acquisitions contributing 1.5% to revenue growth, and favorable volume increases in landfill operations, partly offset by a decline in certain collection volumes. The company's operational efficiency remains a key focus, with cost of operations as a percentage of revenue slightly improving. Despite increased labor costs and higher premium costs for risk management, Republic Services demonstrated effective cost management, maintaining strong operating margins. The company also reaffirmed its full-year 2025 guidance, anticipating revenue between $16.675 billion and $16.750 billion and adjusted diluted earnings per share between $6.82 and $6.90, signaling continued confidence in its growth trajectory.
Financial Highlights
51 data points| Revenue | $4.24B |
| Cost of Revenue | $2.45B |
| Gross Profit | $1.79B |
| SG&A Expenses | $425.00M |
| Operating Income | $861.00M |
| Net Income | $549.90M |
| EPS (Basic) | $1.76 |
| EPS (Diluted) | $1.75 |
| Shares Outstanding (Basic) | 313.07M |
| Shares Outstanding (Diluted) | 313.37M |
Key Highlights
- 1Revenue increased by 4.6% to $4.235 billion in Q2 2025 compared to Q2 2024.
- 2Net income attributable to Republic Services, Inc. grew to $550 million ($1.75 per diluted share) in Q2 2025, up from $512 million ($1.62 per diluted share) in Q2 2024.
- 3Average yield increased revenue by 4.1% for the quarter, reflecting effective pricing strategies.
- 4Acquisitions contributed 1.5% to revenue growth, underscoring the company's inorganic growth strategy.
- 5Cost of operations as a percentage of revenue decreased to 57.9% from 58.8% in the prior year's quarter.
- 6The company reaffirmed its full-year 2025 revenue guidance of $16.675 billion to $16.750 billion.
- 7Repurchased 0.3 million shares of common stock for $55 million in the first six months of 2025, demonstrating a commitment to returning capital to shareholders.