Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
+1.48%
$224.46
100% positive prob.
5-Day Prediction
+3.66%
$229.28
100% positive prob.
20-Day Prediction
+5.41%
$233.15
95% positive prob.
SEC 8-K filings with transcript text
Feb 17, 2026 · 100% conf.
1D
+1.48%
$224.46
Act: -1.97%
5D
+3.66%
$229.28
Act: -0.20%
20D
+5.41%
$233.15
rsg-202602170001060391false00010603912026-02-172026-02-17
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 17, 2026 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
5353 East City North Drive Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure. 3
Item 9.01 Financial Statements and Exhibits. 4
5
2
Item 2.02 Results of Operations and Financial Condition. On February 17, 2026, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months and year ended December 31, 2025. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure. Full-Year 2026 Financial Guidance Our guidance is based on current economic conditions. The Company expects full-year revenue to be in a range of $17,050 million to $17,150 million. Net income attributable to Republic Services, Inc. is expected to be in a range of $2,200 million to $2,220 million for 2026. Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (adjusted EBITDA) is expected to be in a range of $5,475 million to $5,525 million for the full-year. Adjusted EBITDA consists of net income, plus provision for income taxes, which is expected to be in a range of $505 million to $515 million, plus interest expense, net, which is expected to be in a range of $575 million to $585 million, plus depreciation, depletion, amortization and accretion, which is expected to be in a range of $1,980 million to $1,990 million, plus loss from unconsolidated equity method investments, which is expected to be approximately $190 million, plus restructuring charges, which is expected to be approximately $25 million. Diluted earnings per share is expected to be in a range of $7.14 to $7.22 for the full year. The Company's adjusted diluted earnings per share is expected to be in a range of $7.20 to $7.28. Adjusted diluted earnings per share excludes the impact of restructuring charges. We believe adjusted EBITDA and adjusted diluted earnings per share provide an understanding of operational activities before the financial impact of certain items. We use these measures, and believe investors will find them helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definitions of adjusted EBITDA and adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $4,460 million to $4,540 million for the full year. Adjusted free cash flow for 2026 is expected to be in a range of $2,520 million to $2,560 million. Adjusted free cash flow consists of cash provided by operating activities, less prope
Oct 30, 2025
rsg-202510300001060391false00010603912025-10-302025-10-30
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 30, 2025 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 8.01 Other Events. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On October 30, 2025, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and nine months ended September 30, 2025. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 8.01 Other Events. Full-Year 2025 Revenue Guidance The Company expects revenue to be near the low end of its updated full-year 2025 guidance range of $16.675 billion to $16.750 billion.
This Current Report on Form 8-K contains certain forward-looking information about the Company that is intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Words such as “guidance,” “expect,” “will,” “may,” “anticipate,” “plan,” “estimate,” “project,” “intend,” “should,” “can,” “likely,” “could,” “outlook” and similar expressions are intended to identify forward-looking statements. These statements include information about the Company’s plans, strategies and prospects. Forward-looking statements are not guarantees of performance. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to risk and uncertainties that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot assure you that the expectations will prove to be correct. Among the factors that could cause actual results to differ materially from the expectations expressed in the forward-looking statements are the impacts of the overall global economy and changing interest rates, impacts from international trade restrictions and tariffs, our ability to effectively integrate and manage companies we acquire, and to realize the anticipated benefits of any such acquisitions, the impact of prolonged work stoppages or other labor disruptions, the amount of the financial contribution of our sustainability initiatives, acts of war, riots or terrorism, and the impact of these acts on economic, financial and social conditions in the United States, as well as our dependence on large, long-term collection, transfer and disposal contracts. More information on factors that could cause actual results or events to differ materially from those anticipated is included from time to time in the Company’s reports filed with the Securities and Exchange Commissi
Jul 29, 2025
rsg-202507290001060391false00010603912025-07-292025-07-29
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): July 29, 2025 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure. 3
Item 9.01 Financial Statements and Exhibits. 4
5
2
Item 2.02 Results of Operations and Financial Condition. On July 29, 2025, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and six months ended June 30, 2025. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 7.01 Regulation FD Disclosure. Updated Full-Year 2025 Financial Guidance Our guidance is based on current economic conditions. The Company expects full-year revenue to be in a range of $16,675 million to $16,750 million. Net income attributable to Republic Services, Inc. is expected to be in a range of $2,090 million to $2,100 million for 2025. The Company reiterated its full-year adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization ("adjusted EBITDA") guidance and expects to be in a range of $5,275 million to $5,325 million. Adjusted EBITDA consists of net income, plus provision for income taxes, which is expected to be in a range of $485 million to $490 million, plus interest expense, net, which is expected to be $570 million, plus depreciation, depletion, amortization and accretion, which is expected to be in a range of $1,920 million to $1,930 million, plus loss from unconsolidated equity method investments, which is expected to be $170 million, plus restructuring charges, which is expected to be $15 million, plus labor disruptions, which is expected to be in a range of $25 million to $50 million. We believe that presenting adjusted EBITDA provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Diluted earnings per share is expected to be in a range of $6.72 to $6.74 for the full year. The Company reiterated its adjusted diluted earnings per share guidance for 2025 and expects to be in a range of $6.82 to $6.90. Adjusted diluted earnings per share excludes the impact of restructuring charges and charges for labor disruptions. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a p
Apr 24, 2025
rsg-202504240001060391false00010603912025-04-242025-04-24
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): April 24, 2025 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On April 24, 2025, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months ended March 31, 2025. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued April 24, 2025 to announce the financial results for the three months ended March 31, 2025.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:April 24, 2025By:/s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:April 24, 2025By:/s/ ELYSE M. CARLSEN Elyse M. Carlsen Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Feb 13, 2025
rsg-202502130001060391false00010603912025-02-132025-02-13
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 13, 2025 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure.3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On February 13, 2025, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months and year ended December 31, 2024. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2025 Financial Guidance Our guidance is based on current economic conditions. Diluted earnings per share is expected to be in a range of $6.79 to $6.87 and adjusted diluted earnings per share is expected to be in a range of $6.82 to $6.90. Adjusted diluted earnings per share excludes the impact of restructuring charges. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities for 2025 is expected to be in a range of $4,170 million to $4,250 million. Adjusted free cash flow for 2025 is expected to be in a range of $2,320 million to $2,360 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,870 million to $1,910 million, plus proceeds from the sale of property and equipment which is expected to be approximately $10 million, plus cash paid for restructuring activities which is expected to be approximately $10 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine our management's compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary expenditures because it excludes certain expenditures that are required or to which we have committed, such as debt service requirements and dividend payments. Our definition of adjusted free cash flow may not be com
Oct 29, 2024
rsg-202410290001060391false00010603912024-10-292024-10-29
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 29, 2024 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 8.01 Other Events.3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On October 29, 2024, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and nine months ended September 30, 2024. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 8.01 Other Events. Full-Year 2024 Revenue Guidance The Company expects revenue to be near the low end of its full-year updated 2024 guidance range of $16.075 billion to $16.125 billion.
This Current Report on Form 8-K contains certain forward-looking information about the Company that is intended to be covered by the safe harbor for “forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. Words such as “guidance,” “expect,” “will,” “may,” “anticipate,” “plan,” “estimate,” “project,” “intend,” “should,” “can,” “likely,” “could,” “outlook” and similar expressions are intended to identify forward-looking statements. These statements include information about the Company’s plans, strategies and prospects. Forward-looking statements are not guarantees of performance. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to risk and uncertainties that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot assure you that the expectations will prove to be correct. Among the factors that could cause actual results to differ materially from the expectations expressed in the forward-looking statements are the impacts of the overall global economy and increasing interest rates, the Company’s ability to effectively integrate and manage companies it acquires, and to realize the anticipated benefits of any such acquisitions, the amount of the financial contribution of its sustainability initiatives, acts of war, riots or terrorism, and the impact of these acts on economic, financial and social conditions in the United States, as well as its dependence on large, long-term collection, transfer and disposal contracts. More information on factors that could cause actual results or events to differ materially from those anticipated is included from time to time in the Company’s reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2023, particularly under Part I, Item
Jul 24, 2024
rsg-202407240001060391false00010603912024-07-242024-07-24
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): July 24, 2024 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure. 3 Item 8.01 Other Events. 3 Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On July 24, 2024, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and six months ended June 30, 2024. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2024 Adjusted Diluted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $6.10 to $6.15 and adjusted diluted earnings per share is expected to be in a range of $6.15 to $6.20. Adjusted diluted earnings per share excludes the impact of restructuring charges and (gain) loss on extinguishment of debt and other related costs. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $3,890 million to $3,950 million for the full year. Adjusted free cash flow for 2024 is expected to be in a range of $2,150 million to $2,170 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,780 million to $1,820 million, plus proceeds from the sale of property and equipment of approximately $20 million, and is exclusive of cash paid for restructuring activities of approximately $20 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary expenditures because it excludes certain expenditures that are requi
Apr 30, 2024
rsg-202404300001060391false00010603912024-04-302024-04-30
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): April 30, 2024 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On April 30, 2024, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months ended March 31, 2024. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued April 30, 2024 to announce the financial results for the three months ended March 31, 2024.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:April 30, 2024By:/s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:April 30, 2024By:/s/ ELYSE M. CARLSEN Elyse M. Carlsen Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Feb 27, 2024
rsg-202402270001060391false00010603912024-02-272024-02-27
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 27, 2024 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On February 27, 2024, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months and year ended December 31, 2023. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2024 Financial Guidance Our guidance is based on current economic conditions. Diluted earnings per share is expected to be in a range of $5.86 to $5.92 and adjusted diluted earnings per share is expected to be in a range of $5.94 to $6.00. Adjusted diluted earnings per share excludes the impact of restructuring charges. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities for 2024 is expected to be in a range of $3,835 million to $3,925 million. Adjusted free cash flow for 2024 is expected to be in a range of $2,100 million to $2,150 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,780 million to $1,820 million, plus proceeds from the sale of property and equipment of $20 million, and is exclusive of cash paid for restructuring activities of approximately $25 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary expenditures because it excludes certain expenditures that are required or to which we have committed, such as debt service requirements and dividend payments. Our definition of adjusted free cash flow may not be comparable to similarly titled measures presented by other c
Oct 26, 2023
rsg-202310260001060391false00010603912023-10-262023-10-26
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 26, 2023 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On October 26, 2023, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and nine months ended September 30, 2023. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2023 Adjusted Diluted Earnings Per Share Our guidance is based on current economic conditions. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $5.30 to $5.33 and adjusted diluted earnings per share is expected to be in a range of $5.46 to $5.49. Adjusted diluted earnings per share excludes the impact of restructuring charges and US Ecology acquisition integration and deal costs. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. For a reconciliation of adjusted diluted earnings per share to diluted earnings per share, see page 14 of the press release included as Exhibit 99.1 hereto. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued October 26, 2023 to announce the financial results for the three and nine months ended September 30, 2023.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:October 26, 2023By:/s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:October 26, 2023By:/s/ BRIAN A. GOEBEL Brian A. Goebel Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Jul 31, 2023
rsg-202307310001060391false00010603912023-07-312023-07-31
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): July 31, 2023 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On July 31, 2023, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and six months ended June 30, 2023. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2023 Adjusted Diluted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $5.17 to $5.22 and adjusted diluted earnings per share is expected to be in a range of $5.33 to $5.38. Adjusted diluted earnings per share excludes the impact of restructuring charges and US Ecology acquisition integration and deal costs. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $3,495 million to $3,540 million for the full year. Adjusted free cash flow for 2023 is expected to be in a range of $1,900 million to $1,925 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,670 million to $1,690 million, plus proceeds from the sale of property and equipment of approximately $20 million, and is exclusive of cash paid for restructuring activities and US Ecology acquisition integration and deal costs of approximately $30 million and $25 million, respectively, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary expenditures because it exclud
Apr 27, 2023
rsg-202304270001060391false00010603912023-04-272023-04-27
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): April 27, 2023 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On April 27, 2023, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months ended March 31, 2023. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued April 27, 2023 to announce the financial results for the three months ended March 31, 2023.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:April 27, 2023By:/s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:April 27, 2023By:/s/ BRIAN A. GOEBEL Brian A. Goebel Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Feb 15, 2023
rsg-202302150001060391false00010603912023-02-152023-02-15
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 15, 2023 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On February 15, 2023, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months and year ended December 31, 2022. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. 2023 Financial Guidance Our guidance is based on current economic conditions and does not assume any significant changes in the overall economy in 2023. Diluted earnings per share is expected to be in a range of $5.02 to $5.10 and adjusted diluted earnings per share is expected to be in a range of $5.15 to $5.23. Adjusted diluted earnings per share excludes the impact of expected restructuring charges and US Ecology acquisition integration and deal costs. We believe that the presentation of adjusted diluted earnings per share, which excludes restructuring charges and US Ecology acquisition integration and deal costs, provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities for 2023 is expected to be in a range of $3,470 million to $3,530 million. Adjusted free cash flow for 2023 is expected to be in a range of $1,860 million to $1,900 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,670 million to $1,690 million, plus proceeds from the sale of property and equipment of $20 million, and is exclusive of cash paid for restructuring activities and US Ecology acquisition integration and deal costs of approximately $15 million and $25 million respectively, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash fl
Oct 27, 2022
rsg-202210270001060391false00010603912022-10-272022-10-27
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 27, 2022 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On October 27, 2022, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and nine months ended September 30, 2022. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued October 27, 2022 to announce the financial results for the three and nine months ended September 30, 2022.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:October 27, 2022By: /s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:October 27, 2022By: /s/ BRIAN A. GOEBEL
Brian A. Goebel Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Aug 4, 2022
rsg-202208040001060391false00010603912022-08-042022-08-04
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): August 4, 2022 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On August 4, 2022, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and six months ended June 30, 2022. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2022 Adjusted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $4.52 to $4.55 and adjusted diluted earnings per share is expected to be in a range of $4.77 to $4.80. Adjusted diluted earnings per share excludes the impact of restructuring charges, withdrawal costs for certain multiemployer pension funds, and US Ecology acquisition integration and deal costs. We believe that the presentation of adjusted diluted earnings per share, which excludes restructuring charges, withdrawal costs for certain multiemployer pension funds, and US Ecology acquisition integration and deal costs, provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $3,025 million to $3,070 million for the full year. Adjusted free cash flow for 2022 is expected to be in a range of $1,700 to $1,725. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,450 million to $1,470 million, plus proceeds from the sale of property and equipment of $20 million, plus cash paid related to withdrawal costs for certain multiemployer pension funds of $2 million, net of tax, plus restructuring payments of $18 million, net of tax, and is exclusive of US Ecology acquisition integration and deal costs of approximately $85 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to ex
May 5, 2022
rsg-202205050001060391false00010603912022-05-052022-05-05
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 5, 2022 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On May 5, 2022, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months ended March 31, 2022. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 9.01 Financial Statements and Exhibits. (d) Exhibits
Exhibit No. Description 99.1 Press release of Republic Services, Inc. issued May 5, 2022 to announce the financial results for the three months ended March 31, 2022.
104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
3
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date:May 5, 2022By: /s/ BRIAN DELGHIACCIO
Brian DelGhiaccio
Executive Vice President, Chief Financial Officer (Principal Financial Officer)
Date:May 5, 2022By: /s/ BRIAN A. GOEBEL
Brian A. Goebel Vice President and Chief Accounting Officer (Principal Accounting Officer)
4
Feb 10, 2022
rsg-202202100001060391false00010603912022-02-102022-02-10
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): February 10, 2022 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure.3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On February 10, 2022, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months and year ended December 31, 2021. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The attached earnings press release contains information about the Company's full year 2022 guidance. Item 7.01 Regulation FD Disclosure. 2022 Financial Guidance Our guidance is based on current economic conditions and does not assume any significant changes in the overall economy in 2022 and does not contemplate the impact from the pending acquisition of US Ecology, Inc. which is subject to regulatory and other approvals. Diluted earnings per share is expected to be in a range of $4.53 to $4.60 and adjusted diluted earnings per share is expected to be in a range of $4.58 to $4.65. Adjusted diluted earnings per share excludes the impact of expected restructuring charges. We believe that the presentation of adjusted diluted earnings per share, which excludes restructuring charges, provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs, and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities for 2022 is expected to be in a range of $2,910 million to $2,980 million. Adjusted free cash flow for 2022 is expected to be in a range of $1,625 million to $1,675 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,320 million to $1,340 million, plus proceeds from the sale of property and equipment of $20 million, and is exclusive of cash paid for restructuring activities of approximately $15 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted
Oct 28, 2021
rsg-202110280001060391false00010603912021-10-282021-10-28
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): October 28, 2021 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure.3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On October 28, 2021, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and nine months ended September 30, 2021. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2021 Adjusted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions and assumes continued gradual improvement in economic activity through the remainder of 2021. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $4.01 to $4.04 and adjusted diluted earnings per share is expected to be in a range of $4.10 to $4.13. Adjusted diluted earnings per share excludes the impact of restructuring charges and accelerated vesting of compensation expense for the transition of our chief executive officer. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $2,735 million to $2,770 million for the full year. Adjusted free cash flow for 2021 is expected to be in a range of $1,475 million to $1,500 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,290 million to $1,300 million, plus proceeds from the sale of property and equipment of $15 million and is exclusive of cash paid for restructuring activities of approximately $15 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for dis
Jul 29, 2021
rsg-202107290001060391false00010603912021-07-292021-07-29
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): July 29, 2021 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 7.01 Regulation FD Disclosure.3
Item 8.01 Other Events. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On July 29, 2021, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three and six months ended June 30, 2021. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Item 7.01 Regulation FD Disclosure. Full-Year 2021 Adjusted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions and assumes continued gradual improvement in economic activity through the remainder of 2021. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $3.91 to $3.96 and adjusted diluted earnings per share is expected to be in a range of $4.00 to $4.05. Adjusted diluted earnings per share excludes the impact of restructuring charges, (loss) gain on business divestitures, net of impairments, and accelerated vesting of compensation expense for the transition of our chief executive officer. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. Cash provided by operating activities is expected to be in a range of $2,650 million to $2,700 million for the full year. Adjusted free cash flow for 2021 is expected to be in a range of $1,450 million to $1,475 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,230 million to $1,255 million, plus proceeds from the sale of property and equipment of $15 million and is exclusive of cash paid for restructuring activities of approximately $15 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limi
May 5, 2021
rsg-202105050001060391false00010603912021-05-052021-05-05
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 5, 2021 Republic Services, Inc. (Exact name of registrant as specified in its charter)
Delaware 1-14267 65-0716904 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
18500 North Allied Way Phoenix, Arizona 85054 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (480) 627-2700 Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each Class Trading Symbol Name of exchange on which registered Common Stock, par value $0.01 per share RSG New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition. 3
Item 9.01 Financial Statements and Exhibits. 3
4
2
Item 2.02 Results of Operations and Financial Condition. On May 5, 2021, Republic Services, Inc. (the Company) issued a press release containing information about the Company’s financial results for the three months ended March 31, 2021. A copy of this press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Raised Full-Year 2021 Adjusted Earnings Per Share and Adjusted Free Cash Flow Guidance Our guidance is based on current economic conditions and assumes continued gradual improvement in economic activity through the remainder of 2021. The Company raised its full-year diluted earnings per share guidance and expects to be in a range of $3.65 to $3.69 and adjusted diluted earnings per share is expected to be in a range of $3.74 to $3.79. Adjusted diluted earnings per share excludes the impact of restructuring charges and accelerated vesting of compensation expense for the transition of our chief executive officer. We believe that the presentation of adjusted diluted earnings per share provides an understanding of operational activities before the financial impact of certain items. We use this measure, and believe investors will find it helpful, in understanding the ongoing performance of our operations separate from items that have a disproportionate impact on our results for a particular period. We have incurred comparable charges, costs and recoveries in prior periods, and similar types of adjustments can reasonably be expected to be recorded in future periods. Our definition of adjusted diluted earnings per share may not be comparable to similarly titled measures presented by other companies. The Company raised its full-year cash provided by operating activities guidance and expects to be in a range of $2,500 million to $2,595 million. Adjusted free cash flow for 2021 is expected to be in a range of $1,350 million to $1,400 million. Adjusted free cash flow consists of cash provided by operating activities, less property and equipment received, which is expected to be in a range of $1,175 million to $1,225 million, plus proceeds from the sale of property and equipment of $15 million and is exclusive of cash paid for restructuring activities of between $10 million to $15 million, net of tax. We believe that presenting adjusted free cash flow guidance provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary expenditures because it excludes certain exp
This page provides Republic Services Inc. (RSG) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on RSG's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.