Republic Services (RSG)
NYSEIndustrialsWaste ManagementSnapshot 2026-07-07
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Track RSG free→Republic Services grows revenue to about $17.1 billion in 2026. Free cash flow should reach about $2.54 billion. The company pays a steady dividend of $0.625 per share. It is the second largest waste service provider in the US.
Revenue growth could slow below 2%. Free cash flow might miss $2.5 billion. Dividend cuts could happen if cash flow weakens.
The price is about 17% above our fair value near $188. Analysts expect about 4% revenue decline, but we see modest growth.
Breaks if: Dividend per share falls below $0.625 in any quarter
Continue to pay a quarterly dividend of $0.625 per share.
Stated in 3 of last 3 quarters. Dividend per share was $0.625 in 2026-Q1, consistent with the company's commitment to maintain the dividend at this level. The trajectory is delivering as expected.
Breaks if: Free cash flow falls below $2.52 billion in FY26
Target adjusted free cash flow between $2.52 billion and $2.56 billion for 2026.
Stated in 2 of last 2 quarters. Adjusted free cash flow was $984 million in 2026-Q1, indicating progress towards the full-year target of $2.52B to $2.56B. The trajectory shows limited progress as the cash flow needs to accelerate to meet the annual target.
Breaks if: Revenue falls below $17.05 billion in FY26
Target full-year revenue between $17.05 billion and $17.15 billion for 2026.
Stated in 2 of last 2 quarters. Revenue was $4.699 billion in 2026-Q1, indicating progress towards the full-year target of $17.05B to $17.15B. The trajectory shows limited progress as the revenue needs to accelerate to meet the annual target.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Declared a regular quarterly dividend of $0.625 per share.”
“Declared a regular quarterly dividend of $0.625 per share.”
“We are raising our quarterly dividend by approximately 8 percent.”
“Generated Adjusted Free Cash Flow of $984 Million.”
“Adjusted free cash flow for 2026 is expected to be in a range of $2,520 million to $2,560 million.”
“We are off to a strong start and remain well positioned to achieve our full-year objectives.”
“The Company expects full-year revenue to be in a range of $17,050 million to $17,150 million.”