Republic Services stock: Higher 2026 outlook, 5 billion buyback

Republic Services reported stronger third-quarter results on Thursday, October 29, 2026, and raised its full-year outlook. The company also approved a new multiyear share repurchase authorization, according to the Financial Times company announcement, which carried the company release.

Republic Services stock traded at 218.90 euros on Lang & Schwarz at 2:08 p.m. CET on Tuesday, November 3, 2026. The quote was 0.95 euros below the prior Lang & Schwarz snapshot, but no dated Xetra close is used for a daily comparison here.

Quarterly Growth And Pricing

Revenue for the three months ended September 30 increased 8.2 percent to 4.559 billion US dollars from 4.212 billion US dollars a year earlier. Net income attributable to Republic Services rose to 592 million US dollars from 550 million US dollars, lifting diluted earnings per share to 1.93 US dollars from 1.76 US dollars.

Adjusted earnings per share reached 1.94 US dollars, compared with 1.90 US dollars in the prior-year quarter. Adjusted EBITDA rose to 1.449 billion US dollars, although the adjusted EBITDA margin narrowed to 31.8 percent from 32.8 percent. The release said core pricing added 5.3 percent to total revenue, while volume reduced revenue by 0.6 percent.

Growth was broad across the operating businesses. Recycling and Waste produced 4.030 billion US dollars of quarterly revenue, while Environmental Solutions generated 529 million US dollars, up from 433 million US dollars a year earlier. Republic Services invested 1.12 billion US dollars in acquisitions during the first nine months and returned 1.43 billion US dollars to shareholders through repurchases and dividends.

Guidance Moves Higher

Republic Services increased its 2026 revenue outlook to 17.425 billion to 17.475 billion US dollars. Adjusted EBITDA guidance rose to 5.550 billion to 5.575 billion US dollars, while adjusted free cash flow guidance moved to 2.565 billion to 2.585 billion US dollars.

The outlook is based on current economic conditions and assumes no significant change in the broader economy for the rest of the year. That makes pricing, volumes, fuel-related revenue and execution in Environmental Solutions key factors for investors assessing whether the higher ranges are achievable.

Buyback Starts In 2027

The board approved a 5 billion US dollar repurchase authorization on October 28. It becomes effective on January 1, 2027, and runs through December 31, 2029. The existing authorization had 0.8 billion US dollars of remaining capacity at September 30 and continues through the end of 2026.

The board also declared a quarterly dividend of 0.670 US dollars per share for shareholders of record on January 4, 2027, with payment scheduled for January 15. For investors, the combination of higher cash-flow guidance, acquisitions and planned capital returns strengthens the financial framework, while the margin decline keeps operating costs and volume trends in focus.

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