Republic Services (RSG)
Market Price (12/28/2025): $213.42 | Market Cap: $66.5 BilSector: Industrials | Industry: Environmental & Facilities Services
Republic Services (RSG)
Market Price (12/28/2025): $213.42Market Cap: $66.5 BilSector: IndustrialsIndustry: Environmental & Facilities Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 4.3 Bil, FCF LTM is 2.5 Bil | Weak multi-year price returns2Y Excs Rtn is -11%, 3Y Excs Rtn is -11% | Key risksRSG key risks include [1] disruptive and costly labor strikes in multiple key regions. |
| Low stock price volatilityVol 12M is 19% | ||
| Megatrend and thematic driversMegatrends include Sustainable Infrastructure, Circular Economy & Recycling, and Sustainable Resource Management. Themes include Waste Management Solutions, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 26%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 4.3 Bil, FCF LTM is 2.5 Bil |
| Low stock price volatilityVol 12M is 19% |
| Megatrend and thematic driversMegatrends include Sustainable Infrastructure, Circular Economy & Recycling, and Sustainable Resource Management. Themes include Waste Management Solutions, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -11%, 3Y Excs Rtn is -11% |
| Key risksRSG key risks include [1] disruptive and costly labor strikes in multiple key regions. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
<b>1. Higher Operational Costs:</b> The waste management industry faces challenges in 2025, including elevated fuel, labor, and maintenance expenses, which can compress profit margins.
<br><br><b>2. Evolving Regulatory Landscape:</b> Changes in environmental regulations, such as those related to landfill emissions and per- and polyfluoroalkyl substances (PFAS) contamination, can lead to increased compliance costs and capital expenditures for waste management companies.
<br><br><b>3. Economic Slowdown Concerns:</b> Broader macroeconomic pressures or regional economic deceleration could lead to reduced waste generation from industrial and commercial sectors, potentially impacting revenue growth for environmental services providers.
<br><br><b>4. Capital Intensive Sustainability Investments:</b> Significant investments are being made in advanced recycling infrastructure, fleet electrification, and technologies aimed at minimizing landfilling and promoting a circular economy, which can weigh on short-term financial performance.
<br><br><b>5. Labor Market Challenges:</b> Persistent shortages of skilled workers and competitive wage pressures within the waste management sector can lead to operational inefficiencies and increased labor costs.
Show moreStock Movement Drivers
Fundamental Drivers
The -6.5% change in RSG stock from 9/27/2025 to 12/27/2025 was primarily driven by a -6.2% change in the company's P/E Multiple.| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 228.21 | 213.37 | -6.50% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 16366.00 | 16502.00 | 0.83% |
| Net Income Margin (%) | 12.97% | 12.77% | -1.57% |
| P/E Multiple | 33.66 | 31.56 | -6.21% |
| Shares Outstanding (Mil) | 313.10 | 311.70 | 0.45% |
| Cumulative Contribution | -6.50% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RSG | -6.5% | |
| Market (SPY) | 4.3% | -22.5% |
| Sector (XLI) | 3.0% | 1.7% |
Fundamental Drivers
The -12.2% change in RSG stock from 6/28/2025 to 12/27/2025 was primarily driven by a -13.5% change in the company's P/E Multiple.| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 243.12 | 213.37 | -12.24% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 16179.00 | 16502.00 | 2.00% |
| Net Income Margin (%) | 12.89% | 12.77% | -0.92% |
| P/E Multiple | 36.50 | 31.56 | -13.51% |
| Shares Outstanding (Mil) | 313.00 | 311.70 | 0.42% |
| Cumulative Contribution | -12.24% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RSG | -12.2% | |
| Market (SPY) | 12.6% | -10.6% |
| Sector (XLI) | 7.5% | 8.1% |
Fundamental Drivers
The 6.3% change in RSG stock from 12/27/2024 to 12/27/2025 was primarily driven by a 4.3% change in the company's Total Revenues ($ Mil).| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 200.78 | 213.37 | 6.27% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 15818.10 | 16502.00 | 4.32% |
| Net Income Margin (%) | 12.46% | 12.77% | 2.44% |
| P/E Multiple | 31.98 | 31.56 | -1.29% |
| Shares Outstanding (Mil) | 314.00 | 311.70 | 0.73% |
| Cumulative Contribution | 6.26% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RSG | 6.3% | |
| Market (SPY) | 17.0% | 26.7% |
| Sector (XLI) | 19.2% | 33.3% |
Fundamental Drivers
The 71.0% change in RSG stock from 12/28/2022 to 12/27/2025 was primarily driven by a 27.6% change in the company's Total Revenues ($ Mil).| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 124.76 | 213.37 | 71.02% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 12934.30 | 16502.00 | 27.58% |
| Net Income Margin (%) | 11.24% | 12.77% | 13.59% |
| P/E Multiple | 27.16 | 31.56 | 16.22% |
| Shares Outstanding (Mil) | 316.51 | 311.70 | 1.52% |
| Cumulative Contribution | 70.98% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| RSG | 32.8% | |
| Market (SPY) | 48.0% | 28.5% |
| Sector (XLI) | 41.2% | 35.1% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RSG Return | 10% | 47% | -6% | 30% | 23% | 7% | 158% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| RSG Win Rate | 67% | 67% | 42% | 58% | 67% | 58% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| RSG Max Drawdown | -26% | -8% | -17% | -6% | -1% | -0% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See RSG Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | RSG | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -17.9% | -25.4% |
| % Gain to Breakeven | 21.8% | 34.1% |
| Time to Breakeven | 112 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -34.0% | -33.9% |
| % Gain to Breakeven | 51.6% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -10.6% | -19.8% |
| % Gain to Breakeven | 11.8% | 24.7% |
| Time to Breakeven | 123 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -54.8% | -56.8% |
| % Gain to Breakeven | 121.1% | 131.3% |
| Time to Breakeven | 1,532 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Republic Services's stock fell -17.9% during the 2022 Inflation Shock from a high on 9/12/2022. A -17.9% loss requires a 21.8% gain to breakeven.
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AI Analysis | Feedback
Here are 1-2 brief analogies for Republic Services (RSG):
- UPS for waste.
- The electric utility of trash.
AI Analysis | Feedback
- Solid Waste Collection: Providing comprehensive collection services for residential, commercial, industrial, and construction customers.
- Recycling Services: Operating material recovery facilities to process and market various recyclable materials.
- Landfill Services: Managing and operating landfills for the environmentally sound disposal of solid waste.
- Transfer Station Services: Operating facilities that consolidate collected waste for efficient transportation to disposal or processing sites.
- Special Waste Services: Offering tailored solutions for the collection and disposal of specific waste streams, including hazardous or medical waste.
- Renewable Energy Solutions: Capturing landfill gas to convert it into renewable energy or other beneficial products.
AI Analysis | Feedback
Republic Services (RSG) primarily sells its environmental services to other companies, governmental entities, and commercial establishments, rather than directly to individual consumers as its primary customer base. Due to the highly diversified nature of its operations and for competitive reasons, Republic Services does not typically disclose specific major customer companies by name in its public filings, as no single customer is usually material to its overall revenue.
However, based on its reported revenue segments and operational focus, its major customer categories can be identified as:
- Commercial Businesses: This is Republic Services' largest customer segment. It encompasses a vast array of enterprises across diverse sectors such as retail (e.g., shopping centers, grocery stores), hospitality (e.g., hotels, restaurants), office complexes, healthcare facilities, and educational institutions. These customers require regular waste collection, recycling, and disposal services for their daily operations.
- Industrial Customers: This segment includes manufacturing facilities, industrial plants, warehouses, and construction sites. These customers often generate significant and sometimes specialized waste streams, requiring tailored collection, processing, and disposal solutions.
- Municipalities and Government Entities: Republic Services secures contracts with cities, counties, and other governmental bodies to provide comprehensive residential waste and recycling collection services for their communities. In these arrangements, the municipality itself is the direct customer, managing the service for its residents.
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- PACCAR Inc. (PCAR)
- Caterpillar Inc. (CAT)
- Oshkosh Corporation (OSK)
- Dover Corporation (DOV)
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Jon Vander Ark, President | Chief Executive Officer
Jon Vander Ark has been the President and CEO of Republic Services since June 26, 2021. He joined the company in 2013 as Executive Vice President, Chief Marketing Officer, and later served as Chief Operating Officer from January 1, 2018, before becoming President in 2019. Prior to his tenure at Republic Services, Mr. Vander Ark was a partner at McKinsey & Company's Detroit office, where he managed clients across various industries, including transportation, logistics, manufacturing, and consumer products. He is also a co-author of "Sales Growth: Five Proven Strategies from the World's Sales Leaders," published in 2012.
Brian DelGhiaccio, Executive Vice President | Chief Financial Officer
Brian DelGhiaccio is the Executive Vice President and Chief Financial Officer for Republic Services, a role he assumed in 2020. He has over 25 years of experience with Republic Services, having joined the company in 1998. Before becoming CFO, he served as Executive Vice President and Chief Transformation Officer. His previous roles also include Senior Vice President of Business Transformation, Senior Vice President of Finance, and Vice President of Investor Relations. Mr. DelGhiaccio began his career in the audit practice of Arthur Andersen. He currently serves on the Board of Directors of Aramark.
Gregg Brummer, Executive Vice President | Chief Operating Officer
Gregg Brummer serves as the Executive Vice President and Chief Operating Officer for Republic Services. In this role, he is responsible for operationalizing the company's strategy and executing its business plan across field operations. His functional responsibilities encompass operational support departments such as safety, engineering, environmental compliance, and fleet management.
Catharine Ellingsen, Executive Vice President, Chief Legal Officer, Chief Ethics & Compliance Officer and Corporate Secretary
Catharine Ellingsen is the Executive Vice President, Chief Legal Officer, Chief Ethics & Compliance Officer, and Corporate Secretary for Republic Services. She joined Republic Services in 2001 as corporate counsel. Over her career at Republic Services, she has held roles of increasing responsibility, including Senior Vice President, Human Resources; Vice President and Deputy General Counsel; Associate General Counsel; and Managing Corporate Counsel. Prior to joining Republic Services, Ms. Ellingsen practiced law at Steptoe & Johnson LLP and Bryan Cave LLP, specializing in employment and labor law.
Amanda Hodges, Executive Vice President | Chief Commercial Officer
Amanda Hodges is the Executive Vice President and Chief Commercial Officer at Republic Services. She is responsible for driving growth, enhancing the Republic Services brand, and leading the company's efforts to deliver a superior customer experience. Her oversight includes marketing, communications, product development, customer engagement, and revenue management.
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Key Risks to Republic Services (RSG)
Republic Services, Inc. (RSG) faces several key risks that could impact its business operations and financial performance. These risks primarily stem from labor relations, the evolving regulatory landscape, environmental factors, and competitive market conditions.
- Labor Shortages and Strikes: The waste management industry is susceptible to labor-related disruptions, and Republic Services has experienced recent and ongoing challenges, including strikes in various regions such as Massachusetts, Southern California, Illinois, and Georgia. These labor actions can lead to service interruptions, increased operational costs due to replacement workers, potential contract non-renewals, and reputational damage. The broader risk includes upward pressure on labor costs across the industry and the potential for labor actions to expand nationally.
- Regulatory Changes and Environmental Risks: As a major player in waste management, Republic Services operates in a heavily regulated environment. Changes in federal, state, and local environmental regulations concerning waste disposal, recycling practices, and emissions can significantly increase compliance costs, necessitate substantial capital expenditures for new technologies or infrastructure, and potentially restrict operational activities. Furthermore, the company identifies climate-related hazards, such as extreme temperatures and altered precipitation patterns, as chronic physical risks that could lead to business interruptions, diminished productivity, worker safety concerns, and damage to facilities over the long term.
- Industry Competition and Economic Downturns: The waste management sector is highly competitive, with Republic Services facing pressure from both large national firms and smaller local operators. Intense competition can result in pricing pressures, reduced profitability, and a loss of market share. Additionally, economic downturns can lead to a decrease in waste generation, thereby impacting revenues. Fluctuations in commodity prices, particularly for recycled materials, can also negatively affect the company's profitability.
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nullAI Analysis | Feedback
Republic Services (RSG) operates primarily in the United States, providing comprehensive environmental services including non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. The addressable markets for their main products and services are primarily within the U.S. and North America.
Addressable Markets:
- Overall U.S. Waste Management and Recycling Industry: The U.S. waste and recycling industry, which encompasses medical and hazardous waste markets, reached an estimated $104.63 billion in revenue in 2024.
- Solid Waste Collection Services (U.S.): Collection revenues constituted approximately two-thirds of the total U.S. waste and recycling industry revenue in 2024, amounting to approximately $69.46 billion.
- Solid Waste Disposal Services (U.S.): Disposal services accounted for 27% of the U.S. waste and recycling industry revenues in 2024, which is approximately $28.25 billion. Landfill operations alone generated an estimated $18.14 billion for public companies in 2024.
- Recycling Services (North America): The North America Waste Recycling Services Market is estimated to be worth USD 17.13 billion in 2025 and is projected to reach USD 20.19 billion by 2030.
- Special Waste and Hazardous Waste Services (U.S.): While explicitly included within the overall U.S. waste and recycling industry market of $104.63 billion in 2024, a distinct, separate market size for only special and hazardous waste services was not specified in the provided information.
- Energy Services (Landfill Gas-to-Energy): A specific addressable market size in monetary terms for landfill gas-to-energy projects was not found in the provided search results. Republic Services is involved in 79 landfill gas-to-energy and other renewable energy projects, highlighting its operational presence in this area.
AI Analysis | Feedback
Republic Services (RSG) is anticipated to drive future revenue growth over the next two to three years through a combination of strategic pricing, acquisitions, and expanding its sustainability initiatives.
- Strategic Pricing and Yield Management: The company consistently leverages core price increases and average yield on its services to boost revenue. For instance, in the third quarter of 2024, core price on total revenue increased revenue by 6.2 percent, and average yield on total revenue contributed 4.6 percent to growth. This strategy is expected to continue, allowing the company to price ahead of cost inflation and expand margins. Republic Services forecasts average yield on total revenue to be approximately 4 percent in 2025.
- Growth through Acquisitions: Republic Services actively pursues strategic acquisitions to expand its operations and market presence. Acquisitions contributed 2.3 percent to total revenue growth in the third quarter of 2024 and 1.3 percent in the fourth quarter of 2024. The company plans over $1 billion in acquisitions to further expand recycling and environmental solutions, which analysts believe will unlock new earnings streams and contribute to long-term growth.
- Expansion of Environmental Solutions and Sustainability Initiatives: Investments in sustainability, including renewable natural gas (RNG) projects and plastic circularity, are expected to be significant revenue drivers. Republic Services has completed renewable natural gas projects and anticipates stronger financial contributions from these sustainability innovations in 2025. The company expects stabilization in its environmental solutions business and emphasizes ongoing investments in RNG projects and electric vehicle infrastructure as part of its commitment to sustainability.
- Organic Growth and Customer Loyalty: Sustaining strong customer retention rates, which remained over 94% in Q3 2025, and delivering world-class service contribute to consistent organic growth. While volume sometimes experiences fluctuations, the focus on customer loyalty and service quality helps maintain a steady base for revenue generation.
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Share Repurchases
- Republic Services repurchased $482 million in shares in 2024, $261.8 million in 2023, and $203.5 million in 2022.
- In October 2023, the Board of Directors approved a new $3.0 billion share repurchase authorization, effective from January 1, 2024, through December 31, 2026.
- The company returned nearly $1.2 billion to shareholders through dividends and share repurchases in 2024.
Share Issuance
- Republic Services has not made significant share issuances over the last 3-5 years; instead, the number of shares outstanding has generally declined, reflecting net share repurchases.
Outbound Investments
- Republic Services invested approximately $358 million in strategic acquisitions during 2024.
- In May 2022, the company completed the acquisition of US Ecology Inc. for $2.2 billion, expanding its environmental solutions footprint and capabilities in specialty waste handling, including hazardous waste.
- Republic Services expects to invest approximately $1 billion in acquisitions in 2025, continuing to focus on value-creating opportunities in recycling, waste, and environmental solutions.
Capital Expenditures
- In 2024, capital expenditures were approximately $1.81 billion.
- For 2025, Republic Services expects capital expenditures to be around $1.893 billion and adjusted free cash flow to be in the range of $2.320 billion to $2.360 billion.
- The primary focus of capital expenditures includes reinvesting in existing assets, investing in new assets to support customer growth, maintaining market position through business optimization, and advancing sustainability initiatives such as polymer centers and fleet electrification.
Latest Trefis Analyses
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|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to RSG. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11212025 | CNM | Core & Main | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 18.3% | 18.3% | -1.6% |
| 11212025 | VRRM | Verra Mobility | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.5% | 5.5% | -1.2% |
| 11212025 | LII | Lennox International | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 7.1% | 7.1% | 0.0% |
| 11212025 | ADP | Automatic Data Processing | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 2.9% | 2.9% | -1.2% |
| 11212025 | CW | Curtiss-Wright | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 5.7% | 5.7% | -0.4% |
| 12312022 | RSG | Republic Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 19.6% | 29.6% | -5.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for Republic Services
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 145.76 |
| Mkt Cap | 175.7 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,910 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 18.9% |
| Op Mgn 3Y Avg | 17.8% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.1% |
| FCF/Rev LTM | 16.7% |
| FCF/Rev 3Y Avg | 16.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 175.7 |
| P/S | 4.2 |
| P/EBIT | 21.9 |
| P/E | 33.8 |
| P/CFO | 18.2 |
| Total Yield | 4.6% |
| Dividend Yield | 2.1% |
| FCF Yield 3Y Avg | 5.7% |
| D/E | 0.2 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.4% |
| 3M Rtn | 4.9% |
| 6M Rtn | 10.9% |
| 12M Rtn | 11.8% |
| 3Y Rtn | 76.2% |
| 1M Excs Rtn | -3.0% |
| 3M Excs Rtn | 0.6% |
| 6M Excs Rtn | -1.3% |
| 12M Excs Rtn | -4.6% |
| 3Y Excs Rtn | -6.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Recycling and waste business operating primarily in geographic areas located in the western United | 7,769 | 7,107 | 6,630 | 6,059 | 6,012 |
| Recycling and waste business operating primarily in geographic areas located in the southeastern and | 7,566 | 7,029 | 6,229 | 5,626 | 5,783 |
| Environmental solutions business | 1,701 | 1,262 | 242 | ||
| Corporate entities and other | 243 | 248 | 220 | 346 | 398 |
| Intercompany Revenue | -2,314 | -2,134 | -2,027 | -1,878 | -1,894 |
| Total | 14,965 | 13,511 | 11,295 | 10,154 | 10,299 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Recycling and waste business operating primarily in geographic areas located in the western United | 13,665 | 12,418 | 12,199 | 11,593 | 11,389 |
| Recycling and waste business operating primarily in geographic areas located in the southeastern and | 10,988 | 10,510 | 9,927 | 9,005 | 8,948 |
| Environmental solutions business | 4,471 | 4,086 | 1,212 | ||
| Corporate entities and other | 2,286 | 2,039 | 1,617 | 2,836 | 2,347 |
| Total | 31,410 | 29,053 | 24,955 | 23,434 | 22,684 |
Price Behavior
| Market Price | $213.37 | |
| Market Cap ($ Bil) | 66.5 | |
| First Trading Date | 07/01/1998 | |
| Distance from 52W High | -16.9% | |
| 50 Days | 200 Days | |
| DMA Price | $213.46 | $231.98 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -0.0% | -8.0% |
| 3M | 1YR | |
| Volatility | 17.5% | 18.7% |
| Downside Capture | -16.24 | 16.80 |
| Upside Capture | -45.06 | 20.10 |
| Correlation (SPY) | -21.7% | 26.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.34 | -0.36 | -0.24 | -0.14 | 0.27 | 0.32 |
| Up Beta | -0.51 | 0.21 | 0.19 | 0.16 | 0.41 | 0.41 |
| Down Beta | 0.93 | -0.22 | -0.48 | -0.63 | 0.19 | 0.23 |
| Up Capture | -17% | -65% | -36% | -20% | 11% | 12% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 12 | 20 | 31 | 62 | 127 | 419 |
| Down Capture | -70% | -48% | -12% | 25% | 27% | 47% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 7 | 21 | 31 | 63 | 120 | 330 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of RSG With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| RSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 5.8% | 19.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 18.6% | 18.8% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.17 | 0.80 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 33.5% | 26.9% | 12.7% | 6.7% | 52.8% | 3.6% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of RSG With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| RSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 18.7% | 13.8% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 17.9% | 17.2% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.86 | 0.65 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 47.7% | 42.4% | 8.6% | 5.2% | 46.2% | 12.1% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of RSG With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| RSG | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 19.3% | 13.5% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 18.9% | 19.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.89 | 0.60 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 61.0% | 58.5% | 4.8% | 13.6% | 59.7% | 11.4% | |
ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2025 | -0.8% | -2.7% | 1.3% |
| 7/29/2025 | -5.8% | -5.7% | -4.5% |
| 4/24/2025 | 1.2% | 3.6% | 5.0% |
| 2/13/2025 | 3.1% | 2.8% | 5.0% |
| 10/29/2024 | -2.7% | -1.1% | 6.8% |
| 7/24/2024 | -5.2% | -2.7% | 3.6% |
| 2/27/2024 | 0.8% | -0.4% | 3.8% |
| 10/26/2023 | -0.0% | 3.9% | 9.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 13 | 18 |
| # Negative | 8 | 10 | 5 |
| Median Positive | 1.6% | 2.8% | 4.5% |
| Median Negative | -1.9% | -2.1% | -3.4% |
| Max Positive | 5.0% | 5.9% | 12.1% |
| Max Negative | -5.8% | -7.2% | -23.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10312025 | 10-Q 9/30/2025 |
| 6302025 | 7302025 | 10-Q 6/30/2025 |
| 3312025 | 4252025 | 10-Q 3/31/2025 |
| 12312024 | 2142025 | 10-K 12/31/2024 |
| 9302024 | 10302024 | 10-Q 9/30/2024 |
| 6302024 | 7252024 | 10-Q 6/30/2024 |
| 3312024 | 5012024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 10272023 | 10-Q 9/30/2023 |
| 6302023 | 8012023 | 10-Q 6/30/2023 |
| 3312023 | 4282023 | 10-Q 3/31/2023 |
| 12312022 | 2232023 | 10-K 12/31/2022 |
| 9302022 | 10282022 | 10-Q 9/30/2022 |
| 6302022 | 8052022 | 10-Q 6/30/2022 |
| 3312022 | 5062022 | 10-Q 3/31/2022 |
| 12312021 | 2112022 | 10-K 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | Brummer Gregg | EVP, COO | 8262025 | Sell | 233.94 | 7,338 | 1,716,652 | 949,796 | Form |
| 1 | CASCADE INVESTMENT, L.L.C. | 8212025 | Buy | 234.91 | 4,258 | 1,000,245 | 25,797,017,097 | Form | |
| 2 | Carlsen Elyse | CAO | 6052025 | Sell | 253.17 | 235 | 59,495 | 148,104 | Form |
| 3 | Weymouth Katharine | 12092024 | Sell | 215.27 | 1,859 | 400,187 | 189,222 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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