1. RSG reported Q1 2025 net income of $495M, up 9% YoY. 2. Adjusted EBITDA margin expanded by 140 basis points. 3. Quarterly dividend of $0.58 per share declared for July 2025. 4. Revenue grew to $4.01B, driven by pricing and effective cost management. 5. Company maintains focus on sustainability despite economic volatility.
RSG's strong earnings report and dividend declaration suggest positive investor sentiment, similar to historical strong quarterly performance.
The earnings growth and dividend declaration are significant indicators of financial health that can attract investors.
Immediate financial results and dividends typically influence short-term stock performance, as seen after prior earnings reports.
PHOENIX, April 24, 2025 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today reported net income of $495 million, or $1.58 per diluted share, for the three months ended March 31, 2025, versus $454 million, or $1.44 per diluted share, for the comparable 2024 period. Excluding certain expenses and other items, on an adjusted basis, net income for the three months ended March 31, 2025, was $496 million, or $1.58 per diluted share, versus $458 million, or $1.45 per diluted share, for the comparable 2024 period.
"We are off to a solid start to the year, and our business continues to perform well even with increased volatility in the broader economy," said Jon Vander Ark, president and chief executive officer. "While topline results were impacted by sluggish cyclical volumes and challenging winter weather, we generated high single-digit growth in EBITDA and 140 basis points of adjusted EBITDA margin expansion by pricing ahead of cost inflation and effective cost management. Our ability to produce these results reflects the resiliency of our business model, and the financial benefits we are delivering by investing in our differentiating capabilities."
Republic announced that its Board of Directors declared a regular quarterly dividend of $0.58 per share for shareholders of record on July 2, 2025. The dividend will be paid on July 15, 2025.
Adjusted diluted earnings per share, adjusted net income - Republic, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted EBITDA by business type, adjusted EBITDA margin by business type and adjusted free cash flow are described in the Performance Metrics and Reconciliations of Certain Non-GAAP Measures section of this document.
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste, and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.
Roman Blahoski (480) 718-0328
Aaron Evans (480) 718-0309
[email protected]
[email protected]
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Total Assets | $33,103 | $32,402 |
| Total Liabilities and Stockholders' Equity | $33,103 | $32,402 |
Three Months Ended March 31:
| 2025 | 2024 | |
|---|---|---|
| Revenue | $4,009 | $3,862 |
| Net Income | $495 | $454 |
You should read the following information in conjunction with our audited consolidated financial statements and notes thereto appearing in our Annual Report on Form 10-K as of and for the year ended December 31, 2024. All amounts below are in millions and as a percentage of our revenue, except per share data.
This press release contains certain forward-looking information about us that is intended to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. These statements are based upon the current beliefs and expectations and are subject to risk and uncertainties.