Republic Services stock faces fresh test after higher 2026 outlook
Published on 11/10/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey investor takeaways
- Republic Services raised its 2026 revenue, adjusted EBITDA and adjusted free cash flow outlook after stronger third-quarter operations.
- Pricing and Environmental Solutions supported growth, while volume and higher fuel costs remain important execution risks.
- A USD 5 billion repurchase authorization starts in January 2027 and runs through December 2029.
Republic Services stock traded at 221.25 euros on Lang & Schwarz at 17:09 CET on Tuesday, November 10, 2026.
Compared with the 218.35-euro Lang & Schwarz quote at 16:39 CET on Monday, November 9, the difference is 1.33 percent. This comparison uses the prior report's Lang & Schwarz quote rather than a daily Xetra comparison.
Higher targets meet operating pressure
Republic Services reported its third-quarter results for the period ended September 30 on October 29, 2026. In the SEC filing, the company reported revenue of 4.559 billion US dollars, up 8.2 percent from a year earlier. Net income attributable to Republic Services rose to 592 million US dollars from 550 million US dollars, while diluted earnings per share increased to 1.93 US dollars from 1.76 US dollars.
Pricing remained the main growth driver. Core pricing contributed 5.3 percent to revenue, while volume reduced revenue by 0.6 percent. Environmental Solutions revenue reached 529 million US dollars, compared with 433 million US dollars a year earlier. Adjusted EBITDA rose to 1.449 billion US dollars, but the adjusted margin narrowed to 31.8 percent from 32.8 percent. The adjusted figures exclude certain expenses and other items and are not US GAAP results.
Capital returns gain importance
Management raised its 2026 revenue outlook to 17.425 billion to 17.475 billion US dollars. Adjusted EBITDA is expected at 5.550 billion to 5.575 billion US dollars, while adjusted free cash flow is forecast at 2.565 billion to 2.585 billion US dollars.
The board approved a 5 billion US dollar share repurchase authorization on October 28. The program runs from January 1, 2027, through December 31, 2029. Investors will therefore weigh cash generation and capital returns against fuel costs, weaker volumes and the narrower adjusted margin.
Republic Services, Inc.
- ISIN: US7607591002
- WKN: 915201
- Ticker: RSG
- Home exchange: New York Stock Exchange
- Lang & Schwarz price: 221.25 euros at 17:09 CET on November 10, 2026
- Third-quarter revenue: 4.559 billion US dollars for the period ended September 30, 2026
- 2026 revenue guidance: 17.425 billion to 17.475 billion US dollars
US equities provide the broader market backdrop, with the S&P 500 as the benchmark.
More news and analyses on Republic Services stock will track execution against the higher targets, fuel costs, cash generation and future capital returns.
