March 16, 2026 a 03:31 am
RSG: Dividend Analysis - Republic Services, Inc.
Republic Services, Inc. presents a fascinating dividend profile with over 24 years of consistent dividend payments and a stable yield. Their prudent management is reflected in a modest payout ratio, allowing for sustained growth. This company signifies reliability in dividend payouts, inviting investors seeking steady income streams.
📊 Overview
The following table highlights the key dividend metrics for Republic Services, Inc., reflecting their strong position within the sector.
| Metric | Value |
|---|---|
| Sector | Waste Management |
| Dividend yield | 1.09 % |
| Current dividend per share | 2.37 USD |
| Dividend history | 24 years |
| Last cut or suspension | None |
🗣️ Dividend History
Republic Services boasts an impressive dividend history spanning 24 years, demonstrating their commitment to shareholders and financial stability. This consistency attracts income-focused investors.
| Year | Dividend per Share (USD) |
|---|---|
| 2026 | 1.25 |
| 2025 | 2.37 |
| 2024 | 1.65 |
| 2023 | 2.06 |
| 2022 | 1.91 |
📈 Dividend Growth
The dividend growth rate offers invaluable insight into a company's expansion strategy. Republic Services' growth rates reveal not only consistent past performance but also promising future prospects.
| Time | Growth |
|---|---|
| 3 years | 7.38 % |
| 5 years | 7.34 % |
The average dividend growth is 7.34% over 5 years. This shows moderate but steady dividend growth.
⚠️ Payout Ratio
Payout ratios are crucial for assessing the sustainability of dividend payments. Republic Services maintains a healthy payout ratio, ensuring profitability and investor attractiveness.
| Key figure | Ratio |
|---|---|
| EPS-based | 34.24 % |
| Free cash flow-based | 30.41 % |
With an EPS-based payout ratio of 34.24 %, and a FCF-based ratio of 30.41 %, Republic Services showcases financial prudence while rewarding its shareholders, making their dividends sustainable long-term.
✅ Cashflow & Capital Efficiency
An analysis of cash flow and capital efficiency highlights Republic Services' strength in generating returns and managing their capital expenditures efficiently.
| Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Free Cash Flow Yield | 3.64 % | 3.29 % | 3.81 % |
| Earnings Yield | 3.24 % | 3.23 % | 3.32 % |
| CAPEX to Operating Cash Flow | 43.92 % | 47.13 % | 45.09 % |
| Stock-based Compensation to Revenue | 0.20 % | 0.26 % | 0.27 % |
| Free Cash Flow / Operating Cash Flow Ratio | 56.08 % | 52.87 % | 54.91 % |
Republic Services displays strong cash flow stability, efficiently using capital for growth while maintaining healthy cash flow ratios, indicative of robust financial management and value creation.
📉 Balance Sheet & Leverage Analysis
This section focuses on Republic Services' financial stability and liquidity, essential for evaluating potential risks in their debt structure.
| Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Debt-to-Equity | 4.98 % | 113.61 % | 123.97 % |
| Debt-to-Assets | 1.73 % | 39.99 % | 41.61 % |
| Debt-to-Capital | 4.74 % | 53.19 % | 55.35 % |
| Net Debt to EBITDA | 0.10 | 2.70 | 2.99 |
| Current Ratio | 0.64 | 0.58 | 0.56 |
| Quick Ratio | 0.64 | 0.56 | 0.54 |
| Financial Leverage | 2.87 | 2.84 | 2.98 |
Despite significant leverage, Republic Services maintains a strategic balance of debt, ensuring operational liquidity while investing in growth.
📊 Fundamental Strength & Profitability
Analyzing key profitability metrics provides insight into Republic Services' operational efficiency and competitive advantages.
| Year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Return on Equity | 17.87 % | 17.91 % | 16.42 % |
| Return on Assets | 6.22 % | 6.31 % | 5.51 % |
| Margins: Net | 12.89 % | 12.74 % | 11.57 % |
| Margins: EBIT | 20.02 % | 18.60 % | 18.18 % |
| Margins: EBITDA | 31.64 % | 29.73 % | 28.87 % |
| Margins: Gross | 30.34 % | 30.55 % | 29.56 % |
| Research & Development to Revenue | 0 % | 0 % | 0 % |
Republic Services demonstrates robust profitability metrics, reflecting strong competitive positioning and effective resource allocation.
📈 Price Development
📊 Dividend Scoring System
This scoring system evaluates key dividend attributes to provide a comprehensive overview of Republic Services' dividend strategy.
| Category | Score (1-5) | Score Bar |
|---|---|---|
| Dividend yield | 3 | |
| Dividend Stability | 5 | |
| Dividend growth | 4 | |
| Payout ratio | 5 | |
| Financial stability | 4 | |
| Dividend continuity | 5 | |
| Cashflow Coverage | 4 | |
| Balance Sheet Quality | 4 |
Total Score: 34/40
✅ Rating
Republic Services, Inc. provides a secure dividend profile characterized by consistent growth, financial stability, and robust cash flow management. It remains an attractive choice for income-focused investors seeking reliability and moderate growth potential.