Republic Services Reports Earnings Growth Amid Declining Volumes
Republic Services (RSG) reported higher earnings for the quarter ending June 30, with profit rising to $1.84 per diluted share from $1.75 a year earlier despite lower volumes. The company increased prices by 5.3%, contributing significantly to revenue growth and helping offset volume declines. Adjusted EBITDA reached $1.42 billion at a margin of 32.1%. Cash flow remained strong, with operations generating $2.38 billion in the first half of 2026. However, volumes have declined across several segments, including a 1.9% drop in related business and weaker performance from environmental solutions. Recycling prices also fell by $13 per ton compared to last year. Management raised full-year guidance for revenue, EBITDA, and free cash flow but faces challenges if volume declines persist. Institutional ownership has increased slightly with 58 hedge funds holding RSG in the latest quarter. Short interest remains low at 2.16% of float.
Tickers: $RSG
Topics: ebitda free_cash_flow pricing_strategy revenue_growth volume_trends