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Republic Services RSG Q2 2025 earnings

Reported July 29, 2025 · After market close

Revenue estimate$4.3B
EPS estimate$1.77

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$4.4B
EPS estimate$1.82

Financials

Q2 2025

Income statement

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Revenue$4.2B+4.6%
Gross profit$1.8B+7.3%
Operating income$861.0M+5.8%
Net income$549.9M+7.5%
EPS (diluted)$1.75+8.0%

Balance sheet

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Cash & equivalents$122.0M-75.2%
Total debt$55.0M+3.4%
Total equity$12.1B+9.5%
Total assets$33.4B+4.6%

Cash flow

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Operating cash flow$1.1B+0.8%
CapEx$407.0M+1.0%
Free cash flow$702.0M+0.7%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$78.36B+27.9%
Enterprise value$78.29B+28.7%
P/E36.9×+4.4×
P/S4.8×+0.9×

Profitability

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Gross margin42.3%+1.5pp
Operating margin20.2%+1.1pp
Net margin13%+0.9pp
FCF margin14.4%+2.0pp

Returns & leverage

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Return on equity18.4%+0.6pp
Debt / equity0.0×
Current ratio0.7×+0.1×

Segments

By product

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Collection Service Line Smallcontainer$1.3B+4.8%
Collection Service Line Largecontainer$794.0M+3.1%
Collection Service Line Residential$752.0M+2.6%
Environmental solutions$478.0M-2.4%
Other Service Line Sale Of Recycled Commodities$114.0M+6.5%

By segment

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Group 1$2.2B+6.9%
Group 2$2.1B+4.3%
Group 3$466.0M-2.9%

By geography

See full
Canada$47.0M+3.3%

Versus estimates

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Questions, answered.

When did Republic Services report Q2 2025 earnings?
Republic Services (RSG) reported Q2 2025 earnings on July 29, 2025 after market close.
What were Republic Services's Q2 2025 revenue and EPS?
Republic Services reported revenue of $4.2B and diluted EPS of $1.77 for Q2 2025.
Did Republic Services beat estimates in Q2 2025?
Revenue missed the consensus estimate of $4.3B by $20.3M. EPS beat the consensus estimate of $1.77 by $0.00.
How did Republic Services's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.6% from $4.0B a year earlier and diluted EPS grew 9.9% from $1.61.
Where can I find Republic Services's Q2 2025 SEC filings?
You can read the 10-Q periodic report (0001060391-25-000216) directly on SEC EDGAR. The filing index links above go to sec.gov.