Republic Services stock slips as higher outlook meets cost pressure

Republic Services reported stronger third-quarter operations on October 29, 2026, and raised its full-year outlook. The AD HOC NEWS report said revenue, net income and adjusted earnings per share all increased in the three months ended September 30.

Republic Services stock traded at 218.35 euros on Lang & Schwarz at 16:39 CET on Monday, November 9, 2026; the quote was 1.29 percent below the 221.20-euro quote in the latest relevant report at 14:07 CET the same day.

Higher targets meet cost pressure

Revenue increased 8.2 percent to 4.559 billion US dollars from 4.212 billion US dollars a year earlier. Net income attributable to Republic Services rose to 592 million US dollars from 550 million US dollars, while diluted earnings per share increased to 1.93 US dollars from 1.76 US dollars.

Pricing remained the main growth driver. Core pricing contributed 5.3 percent to revenue, while volume reduced revenue by 0.6 percent. Environmental Solutions revenue reached 529 million US dollars, up from 433 million US dollars a year earlier.

Adjusted EBITDA rose to 1.449 billion US dollars, but the adjusted margin narrowed to 31.8 percent from 32.8 percent. Higher fuel costs and other operating pressures remain relevant for investors. Adjusted figures exclude certain expenses and other items and are not US GAAP results.

Capital returns move into focus

Republic raised its 2026 revenue outlook to 17.425 billion to 17.475 billion US dollars. Adjusted EBITDA is expected at 5.550 billion to 5.575 billion US dollars, while adjusted free cash flow is forecast at 2.565 billion to 2.585 billion US dollars.

The board approved a 5 billion US dollar share repurchase authorization on October 28. The program runs from January 1, 2027, through December 31, 2029. The existing authorization had approximately 0.8 billion US dollars of remaining capacity at September 30, while shareholder returns reached 1.43 billion US dollars in the first nine months.

US equities provide the broader market backdrop, with the S&P 500 as the benchmark.

More news and analyses on Republic Services stock will track execution against the higher targets, fuel costs, cash generation and future capital returns.