Short answer
Republic Services (RSG) filed its Q3 2025 10-Q quarterly report on Oct 31, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $4.2B (up 3.3% year over year) with net income of $550M.
Q3 2025 key financials · XBRL
- Revenue
- $4.2B
- +3.3% YoY · −0.5% QoQ
- Net income
- $550M
- −2.8% YoY · −0.0% QoQ
- Operating margin
- 19.9%
- EPS (diluted)
- $1.77
- −1.7% YoY · +1.1% QoQ
Source: XBRL data from the Republic Services (RSG) Q3 2025 10-Q on SEC EDGAR. USD.
Republic Services Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $4,212M Q3 FY2025, up 3.3% YoY from $4,076M Q3 FY2024; nine months $12,456M up 3.9% YoY from $11,986M
- Operating margin 19.9% Q3 FY2025 vs 20.8% Q3 FY2024; nine months 20.1% FY2025 vs 20.0% FY2024
- Best performing segment: Group 1 EBITDA $660M Q3 FY2025 up from $597M YoY; worst: Group 3 EBITDA $88M down from $117M YoY
- Operating cash flow $3,315M nine months FY2025 vs $2,914M FY2024; acquisitions paid $1,259M FY2025 vs $400M FY2024; share repurchases $599M FY2025 vs $321M FY2024
- Management expects to invest $1.1B in acquisitions in 2025; notes labor disruptions with $56M impact in Q3 FY2025; tax rate 14.7% Q3 FY2025 vs 12.5% Q3 FY2024; total debt/EBITDA 2.5x within covenant limits
Risk Factors
- No new or materially changed risk factors this quarter compared to 2024 10-K
- Continued exposure to regulatory risks affecting environmental and safety compliance
- Operational risks from service disruptions or adverse weather impacting waste collection
- Competitive pressure in waste management markets influencing pricing and contract renewals
- Financial risks related to liquidity management and debt maturities as outlined in 2024 10-K
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Republic Services quarterly reports
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