Republic Services, Inc.

Strong Financial Performance & Guidance: Republic Services reported a 7% revenue growth, 12% adjusted EBITDA growth, and an adjusted earnings per share (EPS) of $6.46 for 2024. For 2025, the company expects revenue between $16.85 billion to $16.95 billion, adjusted EBITDA between $5.275 billion to $5.325 billion, and adjusted EPS between $6.82 to $6.90, indicating a positive outlook for continued profitability.

Challenges in Volume Growth: Organic volume declined 1.2% in the fourth quarter, with losses primarily from shedding underperforming residential contracts and softness in construction and certain manufacturing sectors. The company anticipates organic volume growth in a range of -0.25% to +0.25% for 2025, highlighting ongoing challenges in some markets.

Sustainability & Innovation Investments: Republic is committed to its sustainability initiatives, particularly in renewable natural gas (RNG) and plastic circularity. The company expects to generate $70 million in incremental revenue and $35 million in EBITDA from sustainability investments in 2025. The ongoing development of polymer centers will enhance long-term growth opportunities.