Republic Services stock: Q3 profit rises as 2026 outlook is raised
Published on 11/04/2026 at 14:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRepublic Services raises its outlook
- Third-quarter revenue increased 8.2 percent year over year to USD 4.559 billion.
- Adjusted earnings per share rose to USD 1.94, while adjusted EBITDA reached USD 1.449 billion.
- The board approved a USD 5 billion repurchase authorization beginning January 1, 2027.
- Full-year revenue, adjusted EBITDA and adjusted free cash flow guidance moved higher.
Republic Services reported stronger third-quarter results on October 29, 2026, and raised its full-year outlook. The company also approved a new multiyear share-repurchase authorization, giving investors two central signals: operating growth remained resilient through September, and management expects cash generation to support further capital returns.
In its third-quarter results release, Republic Services said revenue rose 8.2 percent year over year to USD 4.559 billion for the three months ended September 30. Net income attributable to the company increased to USD 592 million from USD 550 million, while diluted earnings per share advanced to USD 1.93 from USD 1.76.
Pricing supports quarterly growth
Adjusted earnings per share increased 2.1 percent to USD 1.94 from USD 1.90. Adjusted EBITDA reached USD 1.449 billion, producing a 31.8 percent margin versus 32.8 percent a year earlier. The lower margin reflects the pressure of higher operating costs even as pricing and business activity supported revenue.
Core price on related business revenue increased revenue by 6.3 percent, while volume reduced related-business revenue by 0.7 percent. Total revenue growth also included 2.1 percent from Environmental Solutions and 1.3 percent from acquisitions. Republic said it invested USD 1.12 billion in acquisitions during the first nine months of 2026.
Chief Executive Officer Jon Vander Ark said the quarter showed the resilience of the business model and improved performance in Environmental Solutions. He pointed to disciplined pricing, cost management and strategic investments as priorities for strengthening the company's competitive position.
Higher targets and larger buyback
Republic increased its 2026 revenue guidance to USD 17.425 billion to USD 17.475 billion. Adjusted EBITDA is now expected at USD 5.550 billion to USD 5.575 billion, while adjusted free cash flow is forecast at USD 2.565 billion to USD 2.585 billion. The company said the outlook assumes current economic conditions without significant changes through the rest of the year.
The board approved the USD 5 billion repurchase authorization on October 28. It takes effect January 1, 2027, and runs through December 31, 2029. The existing authorization had approximately USD 0.8 billion remaining at September 30 and continues through the end of 2026. Republic had returned USD 1.43 billion to shareholders during the first nine months, including USD 848 million in repurchases and USD 577 million in dividends.
Republic Services stock traded at 218.00 euros on Lang & Schwarz at 2:36 p.m. CET on Wednesday, November 4, 2026. Investors can follow the real-time quote of Republic Services stock.
Republic Services stock at a glance
- Company: Republic Services, Inc.
- ISIN: US7607591002
- Ticker: RSG
- Home exchange: New York Stock Exchange
- Quote: 218.00 euros on Lang & Schwarz, November 4, 2026, 2:36 p.m. CET
- Industry: Environmental services
The broader market setting remains relevant for US-listed waste and environmental-services companies; investors can review current S&P 500 market reports.
Further operating updates will depend on fourth-quarter execution, acquisition activity and the conversion of the higher full-year targets into cash flow. See more news and analyses on Republic Services stock.
