Financial Data and Key Metrics Changes - Republic Services achieved a revenue growth of 7% in 2024, with adjusted EBITDA growth of 12% and an adjusted EBITDA margin expansion of 140 basis points [8][30] - Adjusted earnings per share (EPS) reached $6.46, and the company generated $2.18 billion in adjusted free cash flow, marking a 10% increase compared to the previous year [8][32] - Total debt at the end of 2024 was $12.8 billion, with total liquidity of $2.5 billion and a leverage ratio of approximately 2.6 times [32] Business Line Data and Key Metrics Changes - The environmental solutions business saw a revenue increase of nearly $70 million compared to the prior year, with an adjusted EBITDA margin expansion of over 500 basis points to 24.7% in the fourth quarter [31][78] - Organic volume on total revenue declined by 1.2% in the fourth quarter, primarily due to shedding underperforming contracts in the residential business and softness in construction and manufacturing end markets [11][26] - Recycling processing and commodity sales increased revenue by 20 basis points during the quarter, with commodity prices averaging $164 per ton for the full year, up from $117 per ton in the prior year [28][29] Market Data and Key Metrics Changes - The average yield on total revenue was 4.4%, while the average yield on related revenue was 5.3% [10][25] - Current commodity prices are approximately $145 per ton, which is the baseline used in the 2025 guidance [27][29] - The company expects organic volume growth in the recycling and waste business to range from negative 25 basis points to positive 25 basis points in 2025 [26] Company Strategy and Development Direction - The company is focused on sustainability and digital capabilities, with ongoing investments in polymer centers and renewable natural gas projects [14][17] - Republic Services plans to deploy at least $1 billion in value-creating acquisitions in 2025, with a strong pipeline supporting continued acquisition activity [24][50] - The company aims to maintain a high customer retention rate, which remains strong at over 94% [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver profitable growth while continuing to invest in the business for long-term value creation [23][24] - The macroeconomic environment, including inflation and interest rates, is being monitored, but management does not see these factors as immediate threats [113][114] - The company anticipates a balanced EBITDA cadence for 2025, with margin expansion expected across all business types [60] Other Important Information - Employee engagement score remained high at 86, with turnover improving by 150 basis points compared to the prior year [20] - The company was named to the Dow Jones Sustainability Index for the ninth consecutive year, reflecting its commitment to sustainability [21] Q&A Session Summary Question: Future growth prospects for Environmental Solutions (ES) - Management remains positive about ES prospects, with expectations for M&A growth and organic growth in 2025 following IT integration [38] Question: Margin expansion details for 2025 - Management expects approximately 30 basis points of margin expansion, with underlying business growth potentially exceeding this figure [40][44] Question: M&A activity and pipeline - The company has a strong pipeline for acquisitions, particularly in Environmental Solutions and recycling, with a focus on strategic and financial filters [50] Question: Pricing environment and customer feedback - Management noted that pricing discussions with clients remain healthy, with a good spread maintained despite cost inflation [88] Question: Update on polymer centers and RNG plants - Incremental revenue from sustainability investments is projected at $70 million, with EBITDA contribution of $35 million expected in 2025 [67] Question: Risks and macroeconomic concerns - Management is watchful of the macro environment but does not see it as a major concern, focusing instead on safety and operational execution [113][114]

Republic Services (RSG) reported $4.05 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 5.6%. EPS of $1.58 for the same period compares to $1.41 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.08 billion, representing a surprise of -0.86%. The company delivered an EPS surprise of +15.33%, with the consensus EPS estimate being $1.37.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Republic Services (RSG) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.33%. A quarter ago, it was expected that this waste management company would post earnings of $1.62 per share when it actually produced earnings of $1.81, delivering a surprise of 11.73%.Over the last four quar ...

Exceeded Adjusted EBITDA, Adjusted Earnings Per Share and Adjusted Free Cash Flow Full-Year 2024 Guidance Fourth Quarter Total Revenue Growth of 5.6 Percent Fourth Quarter Earnings Per Share of $1.63 and Adjusted Earnings Per Share of $1.58 Expanded Fourth Quarter Net Income Margin 120 Basis Points and Adjusted EBITDA Margin 110 Basis Points Generated Cash Flow from Operations of $3.94 Billion and Adjusted Free Cash Flow of $2.18 Billion in 2024 Returned $1.18 Billion to Shareholders in 2024PHOENIX, Feb. 1 ...

EXHIBIT 99.1 Republic Services, Inc. Reports Fourth Quarter and Full-Year 2024 Results; Provides 2025 Full-Year Financial Guidance PHOENIX (February 13, 2025) – Republic Services, Inc. (NYSE: RSG) today reported net income of $512 million, or $1.63 per diluted share, for the three months ended December 31, 2024, versus $440 million, or $1.39 per diluted share, for the comparable 2023 period. Excluding certain expenses and other items, on an adjusted basis, net income for the three months ended December 31, ...

Republic Services, Inc. (RSG) is scheduled to release its fourth-quarter 2024 results on Feb. 13, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.RSG has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in the trailing four quarters, the average surprise being 8.2%.Republic Services, Inc. Price, Consensus and EPS Surprise Republic Services’ Q4 ExpectationsThe Zacks Consensus Estimate for the company’s revenues is pegged at $4.1 billion ...

Analysts on Wall Street project that Republic Services (RSG) will announce quarterly earnings of $1.37 per share in its forthcoming report, representing a decline of 2.8% year over year. Revenues are projected to reach $4.08 billion, increasing 6.5% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead o ...

Republic Services Inc. (NYSE: RSG ) is one of the largest waste collection companies, operating in the same arena with the likes of Waste Management ( WM ) and Waste Connections ( WCN ). The companyI have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with t ...

The market expects Republic Services (RSG) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be re ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Republic Services (RSG) , which belongs to the Zacks Waste Removal Services industry, could be a great candidate to consider.This waste management company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.48%.For the most recent quarter, Republ ...