Republic Services, Inc.

Republic Services, Inc.

RSGยทNYSE

$204.20

+1.3%
IndustrialsWaste Management

Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.

At a Glance

Live Snapshot
Market Cap$62.83B
EPS6.8600
P/E Ratio29.77
Earnings Date08/04/2026
Republic Services, Inc.

Republic Services, Inc. Fair Value Envelope

RSG ยท NYSE

Our analysis suggests that RSG has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $204.2, this represents a potential HIDDEN relative to our calculated worth for Republic Services, Inc..

Intrinsic Value
Current Price: $204.2

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$191.9B
+ Cash & Equivalents$76.0M
Firm Value$192.0B
- Debt$596.0M
Equity Value$191.4B
/ Shares Outstanding312,792,607B
DCF Value$612
UNDERVALUED BY 200%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$5.0B
$5.8B
$6.7B
$7.7B
$8.9B
$10.3B
$12.0B
$13.9B
$16.0B
$18.6B
Maintenance CapEx
-$436.9M
-$505.7M
-$585.5M
-$677.7M
-$784.6M
-$908.2M
-$1.1B
-$1.2B
-$1.4B
-$1.6B
Owner Earnings
$4.5B
$5.3B
$6.1B
$7.0B
$8.1B
$9.4B
$10.9B
$12.6B
$14.6B
$16.9B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$4.2B
$4.5B
$4.8B
$5.2B
$5.5B
$5.9B
$6.4B
$6.8B
$7.3B
$7.8B
Terminal Value represents 69.5% of Enterprise Value