Republic Services Beats on Q3, Raises Guidance and Authorizes $5B Buyback
RSG sits 21% above its 52-week low of $196.41.
Summary
Republic Services posted Q3 adjusted EPS of $1.94 on $4.559 billion of revenue, raised full-year EBITDA and free cash flow guidance, and authorized a new $5 billion buyback through 2029.
Key Events · Earnings and Guidance · RSG
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Q3 Beat With 8.2% Revenue Growth
Revenue of $4.559 billion rose 8.2%, and adjusted EPS of $1.94 rose 2.1% from $1.90 a year earlier; net income was $592 million, or $1.93 per diluted share.
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New $5 Billion Buyback Authorized
The board approved a $5 billion repurchase authorization effective January 1, 2027 through December 31, 2029, replacing the prior program that had $0.8 billion of capacity left at September 30, 2026.
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Guidance Raised Across Key Metrics
Full-year 2026 revenue guidance is now $17.425-$17.475 billion, adjusted EBITDA $5.550-$5.575 billion and adjusted free cash flow $2.565-$2.585 billion.
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Dividend Held at $0.670 Quarterly
A regular quarterly dividend of $0.670 per share was declared October 28, 2026, payable January 15, 2027 to shareholders of record January 4, 2027.
Analysis · RSG · Energy & Transportation
The capital allocation news matters most for holders: the board authorized $5 billion of buybacks running January 1, 2027 through December 31, 2029, replacing a prior program with only $0.8 billion left, and raised full-year adjusted free cash flow guidance to $2.565-$2.585 billion. That combination supports the dividend, just raised to $0.670 a quarter, and underpins the stock near its 52-week high. On the quarter itself, adjusted EPS of $1.94 rose 2.1% from $1.90 a year earlier on revenue of $4.559 billion, up 8.2%, with adjusted EBITDA of $1.449 billion at a 31.8% margin.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 38.8% of the 970 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.46%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RSG was trading at $237.00 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $72.4B. The 52-week trading range was $196.41 to $243.22. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.