earnings
confidence high
sentiment positive
materiality 0.75
Republic Services Q1 revenue up 21% to $3.6B; adjusted EPS $1.24 vs $1.14 YoY
REPUBLIC SERVICES, INC.
2023-Q1 EPS reported
$1.21
revenue$4,147,200,000
- Revenue $3.59B, up 20.6% YoY (9.6% organic, 11% from acquisitions).
- Net income $383.9M ($1.21 diluted EPS) vs $352.0M ($1.11) YoY; adjusted EPS $1.24.
- Adjusted EBITDA $1.04B, margin 29.0% (recycling/solid waste 30.1%, environmental solutions 20.6%).
- Cash from operations $688M; adjusted free cash flow $496M; $224M spent on acquisitions.
- Dividend $0.495/share declared, payable July 14, 2023 to holders of record July 3.