Republic Services, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Republic Services, Inc. reported net income of $2.14B on revenue of $19.03B. Operating cash flow was $4.30B and capital expenditures were $1.89B, leaving $2.41B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.36B | $12.07B | $11.90B | $12.19B | $12.03B | $13.32B | $15.64B | $17.28B | $18.42B | $19.03B |
| Operating income | $1.54B | $1.67B | $1.74B | $1.79B | $1.71B | $2.08B | $2.39B | $2.78B | $3.20B | $3.30B |
| Net income | $612.59M | $1.28B | $1.04B | $1.07B | $967.24M | $1.29B | $1.49B | $1.73B | $2.04B | $2.14B |
| Diluted EPS | $1.78 | $3.77 | $3.16 | $3.33 | $3.02 | $4.04 | $4.69 | $5.47 | $6.49 | $6.85 |
| Operating cash flow | $1.85B | $1.91B | $2.24B | $2.35B | $2.47B | $2.79B | $3.19B | $3.62B | $3.94B | $4.30B |
| Capital expenditures | $927.80M | $989.80M | $1.07B | $1.21B | $1.19B | $1.32B | $1.45B | $1.63B | $1.85B | $1.89B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 17.4% | 11.2% |
| Dec 2024 | — | 17.4% | 11.1% |
| Dec 2023 | — | 16.1% | 10.0% |
| Dec 2022 | — | 15.3% | 9.5% |
| Dec 2021 | — | 15.6% | 9.7% |
Source: SEC EDGAR XBRL company facts for CIK 1060391 (raw data). Most recent filing in this dataset: 10-Q filed Oct 30, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.