Republic Services, Inc. (RSG) is a Utilities stock trading at $222.59 (as of 2026-09-02), with a market capitalization of $68.16B and a trailing P/E of 31.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
Republic Services collects, transfers, and disposes of solid waste and recyclables for residential and commercial customers across the United States. Revenue is driven by collection fees and landfill tipping charges, with pricing power that comes from limited local competition and dense route networks.
Waste is an inelastic, non-discretionary service: every household and business generates trash that must be picked up and disposed of, and the dense network of collection routes, transfer stations, and landfills is extraordinarily expensive for a new entrant to replicate, giving incumbents durable local pricing power.
| Collection | $2.8B |
| Landfill | $0.5B |
| Environmental Solutions | $0.4B |
| Transfer | $0.2B |
| Other | $0.8B |
Business quality (Mixed): Essential-service cash flows with ~50% gross margin and 18% operating margin, but volume headwinds in residential and construction-linked segments, plus a 19% valuation premium over the industry, make this a quality business at a rich price.
Valuation: At 31× earnings, RSG trades 19% above the Other average (26×).
| Price | $222.59 |
| Market Cap | $68.16B |
| P/E Ratio | 31.2 |
| EV / EBITDA | 13.1 |
| Price / Book | 5.66 |
| Price / Sales | 3.53 |
| FCF Yield | 3.5% |
| DCF Value (model) | $119.70 |
| DCF Upside vs Price | -46.2% |
| Revenue (TTM) | $19.03B |
| Net Margin | 11.2% |
| Revenue Growth (YoY) | 4.0% |
| EPS Growth (YoY) | 4.5% |
| FCF Growth (YoY) | 115.4% |
| Altman Z-Score | 3.12 (safe) |
| Piotroski F-Score | 6/9 (moderate) |
| Stock P/E | 31.2 |
| Sector P/E (Utilities) | 21.0 |
| Industry P/E (Other) | 20.6 |
| vs Sector | 48.4% |
| vs Industry | 51.3% |
| Top Institutional Holder | VANGUARD GROUP INC ($4.05B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 10 |
| Sector | Utilities |
| Industry | Other |
| CEO | Jon Vander Ark |
| Employees | 42,000 |
| Country | US |
| IPO Date | 1998-07-01 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.