Welcome to our dedicated page for Republic Svcs news (Ticker: RSG), a resource for investors and traders seeking the latest updates and insights on Republic Svcs stock.
Republic Services, Inc. (RSG) provides investors and stakeholders with timely updates through this centralized news hub. Track critical developments across the environmental services leader's operations, including strategic initiatives in recycling innovation and waste management solutions.
Access official press releases covering quarterly earnings, sustainability milestones, and operational expansions. Our curated repository ensures transparent access to RSG's regulatory filings, partnership announcements, and industry leadership updates.
Key focus areas include circular economy advancements, landfill diversion programs, and technology-driven efficiency improvements. Bookmark this page for reliable updates on one of North America's largest non-hazardous waste handlers, serving 14,000+ communities.
CenterOak Partners has announced the sale of Shamrock Environmental to a subsidiary of Republic Services, Inc. (NYSE: RSG). This transaction marks the eighth and final exit from CenterOak Fund I, a 2016 vintage buyout fund.
Shamrock Environmental, founded in 1994 and based in Browns Summit, North Carolina, is a leading provider of industrial waste and wastewater treatment services. The company operates six Centralized Wastewater Treatment facilities and multiple solidification sites, serving customers across more than 20 states with approximately 300 employees.
During CenterOak's five-year investment period, Shamrock achieved significant revenue and EBITDA growth, with permitted capacity more than quadrupling. The company's operations span the East Coast from Florida to Pennsylvania, providing non-discretionary, mission-critical services to a diverse industrial customer base.
Republic Services (RSG) reported strong Q4 and full-year 2024 results, exceeding guidance across key metrics. Q4 highlights include total revenue growth of 5.6%, net income of $512 million ($1.63 per share), and adjusted EBITDA of $1.25 billion with a 31.0% margin.
For full-year 2024, the company achieved total revenue growth of 7.1%, net income of $2.04 billion ($6.49 per share), and generated $3.94 billion in operating cash flow. RSG returned $1.18 billion to shareholders through dividends ($687M) and share repurchases ($490M).
Looking ahead to 2025, Republic Services expects revenue between $16.85-16.95 billion, adjusted EBITDA of $5.275-5.325 billion, and adjusted earnings per share of $6.82-6.90. The company plans to invest approximately $1 billion in acquisitions in 2025.
Republic Services (NYSE: RSG) has announced its schedule for the release of fourth quarter 2024 financial results, which will be disclosed after market close on Thursday, February 13, 2025. The company will host an investor conference call at 5 p.m. Eastern Time on the same day.
Investors can access the conference call through multiple channels: a live audio webcast on the company's Investor Relations website, or by dialing (844) 890-1789 for domestic calls and 1-412-717-9598 for international calls. Pre-registration is available for dial-in participants. A replay of the call will be accessible through February 20, 2025, via the company website or dedicated replay phone numbers.
Republic Services (NYSE: RSG) has achieved a significant milestone by being included in the Dow Jones Sustainability Indices (DJSI) for the ninth consecutive year. The company ranked first in its industry on the North America Index and stands as the only North American company in its sector to be included on the World Index.
The 2024 DJSI World Index represents the top 10% of 2,500 largest global companies, while the North America Index includes the top 20% of 600 largest North American companies. Republic Services has demonstrated substantial progress toward its 2030 Sustainability Goals, achieving a 15% reduction in operational GHG emissions compared to 2017, exceeding its interim target of 10% reduction by 2025.
The company has also received recognition from other prestigious organizations, including placement on Barron's 100 Most Sustainable Companies list and Ethisphere's World's Most Ethical Companies list, while also being certified as a Great Place to Work®.
Ameresco (NYSE: AMRC) and Republic Services (NYSE: RSG) announced the start of commercial operations at their joint venture landfill gas (LFG) to renewable natural gas (RNG) plant at Republic Services' Roxana Landfill in Edwardsville, Illinois. The facility, one of North America's largest, processes 6,000 SCFM of raw landfill gas and is expected to produce 1.4M Dekatherms annually.
The project will reduce CO2 emissions by over 82,000 metric tons yearly, equivalent to removing 5,000 passenger vehicles or the energy consumption of 2,500 homes. The RNG will be injected into Energy Transfer's natural gas pipeline, supporting Illinois' goal of achieving 40% renewable energy by 2030 and 100% clean energy by 2050.
AMP Robotics Corp. has raised $91 million in a Series D funding round led by Congruent Ventures, with participation from notable investors like Sequoia Capital, XN, Blue Earth Capital, and others. The funds will accelerate the deployment of AMP's AI-powered AMP ONE™ systems, designed to sort municipal solid waste (MSW) and single-stream recycling efficiently. AMP recently partnered with Waste Connections (NYSE: WCN) to equip and operate a recycling facility in Colorado. The company's AI-driven technology aims to improve recycling rates, lower sortation costs, and extend landfill life by capturing more material value. AMP's deep learning software processes millions of material images to identify recyclables and contaminants in real-time, enabling innovative recycling capabilities. The company has also expanded its leadership team, with Tim Stuart as CEO and Matanya Horowitz as CTO.
AMP Robotics Corp. has appointed Tim Stuart as its new CEO, replacing founder Matanya Horowitz, who will now serve as chief technology officer. Stuart, previously the COO of Republic Services, brings extensive industry experience to AMP, having overseen technology adoption and operations at Republic Services for nearly 18 years. Horowitz expressed confidence in Stuart's ability to enhance AMP's competitive edge in the AI-powered waste and recycling sector. Stuart, who joined AMP's board as the first independent director in March 2024, is optimistic about advancing AMP's technology to create more efficient recycling systems and reduce environmental impact. Recently, AMP launched an AI-powered system for municipal solid waste in Portsmouth, Virginia, and an AMP ONE™ system for single-stream and commercial recycling in Greenville, North Carolina.
Republic Services, a leader in the environmental services industry, announced it has reached its goal of employing 5,000 veterans by 2025, achieving this milestone in 2024.
Since launching the initiative in 2021, Republic Services has partnered with numerous veteran support organizations and the U.S. Department of Defense SkillBridge program to provide training, mentorship, and career opportunities to service members.
The company marked this achievement after hosting National Hire a Veteran Day events in 29 cities and was supported by its Business Resource Group V.A.L.O.R. and Talent Acquisition team.
Republic Services' Chief Human Resources Officer, Courtney Rodriguez, emphasized the value of veterans' diverse skills and backgrounds in strengthening their teams and providing world-class service.
For more information, visit jobs.republicservices.com.
Republic Services (RSG) reported strong Q3 2024 financial results with total revenue growth of 6.5%, including 4.2% organic growth and 2.3% from acquisitions. Net income reached $565.7 million, or $1.80 per diluted share, up from $480.2 million in Q3 2023. Adjusted earnings per share increased 17.5% to $1.81. The company achieved significant margin expansion, with adjusted EBITDA margin increasing 210 basis points to 32.0%. Year-to-date cash flow from operations was $2.91 billion, with $834.3 million returned to shareholders through dividends and share repurchases. The company expects to achieve the high end of its full-year 2024 adjusted EBITDA guidance.
Oshkosh (NYSE: OSK) has secured an order for 100 McNeilus® Volterra™ ZSL™ electric refuse and recycling collection vehicles from Republic Services, Inc. (NYSE: RSG). This follows a successful initial deployment and reinforces Republic Services' commitment to sustainability. The order supports Republic's goal of having electric vehicles comprise half of its new truck purchases over the next five years and aims to reduce greenhouse gas emissions by 35% by 2030.
The Volterra eRCV is the industry's first fully integrated electric refuse vehicle, designed to operate a full day's route on a single charge. It features advanced safety systems, including 360-degree cameras and automated braking. The vehicles will be deployed across multiple states, contributing to Republic Services' environmental initiatives while offering operational efficiency and driver comfort.