Republic Services reports record 2021 results; Q4 adj EPS $1.02; FY2022 EPS guidance $4.53-$4.60

REPUBLIC SERVICES, INC.

2021-FY EPS reported $4.04 revenue$13,321,800,000

Q4 net income $313.1M ($0.98 diluted EPS); adjusted EPS $1.02, vs $1.00 prior year.
Full-year 2021 adjusted EPS $4.17, up 17% YoY; adjusted free cash flow $1.52B, up 23%.
2022 guidance: diluted EPS $4.53-$4.60, adjusted EPS $4.58-$4.65; operating cash flow $2.91-$2.98B.
Revenue grew 15% in Q4; full-year average yield +2.9%, volume +3.8%; invested $1.06B in acquisitions.

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