RSG Republic Services

FY2025 10-K
Filed: Feb 18, 2026
Utilities
Refuse SystemsSEC EDGAR

Republic Services (RSG) filed its fiscal year 2025 10-K annual report with the SEC on Feb 18, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Solid waste collection and landfill operations with renewable energy projects from landfill gas
  • New regulatory emphasis on Canadian Landfill Methane Regulations finalized Dec 2025 targeting 42% methane reduction below 2019 levels by 2030
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Management Discussion & Analysis

  • Revenue guidance $17.05B-$17.15B for 2026 with total revenue growth 2.2%-2.7% (yield 3.2%-3.7%, volume approx. -1.0%)
  • Adjusted diluted EPS expected $7.20-$7.28 in 2026 vs $7.02 in 2025
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Risk Factors

  • Regulatory risk: multiemployer pension fund withdrawal liability with $1 million charge in 2025 under evolving liability estimation rules
  • Macroeconomic threat: volume decline 0.6% due to slowing construction and weather, offset partially by $100 million revenue from disaster recovery efforts
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Financial Summary
XBRL

Revenue

$16.6B

Net Income

$2.1B

Operating Margin

19.9%

Net Margin

12.9%

ROE

17.9%

Total Assets

$34.4B

EPS (Diluted)

$6.85

Operating Cash Flow

$4.3B

Source: XBRL data from Republic Services FY2025 10-K filing on SEC EDGAR. All figures in USD.

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