RSG · 8-K · 20260806PR000273

Guidance and Outlook

REPUBLIC SERVICES, INC. · 2026-08-06 · Importance 75 · Surprise 60 · Contradicted

Republic increased full-year 2026 revenue guidance to $17.200 billion-$17.300 billion. Adjusted EBITDA guidance increased to $5.525 billion-$5.550 billion, while adjusted free cash flow guidance increased to $2.540 billion-$2.575 billion. Adjusted diluted EPS guidance was updated to $7.23-$7.28 per share. The revised guidance follows second-quarter adjusted EBITDA of $1.423 billion and first-half adjusted free cash flow of $1.583 billion.

Key facts

• Anticipated adjusted EBITDA for year ending December 31, 2026: $5,525 million to $5,550 million, with components including net income $2,210 - $2,220, provision for income taxes $530 - $535, depreciation, depletion, amortization and accretion $2,000 - $2,010, and loss from unconsolidated equity method investments $190. source
• Anticipated adjusted free cash flow for the year ending December 31, 2026: $2,540 million to $2,575 million (cash provided by operating activities $4,485 - $4,560; property and equipment received $(1,970) - (2,010)). source
• Anticipated adjusted diluted earnings per share for the year ending December 31, 2026: $7.23 to $7.28 (diluted earnings per share $7.18 - $7.23 plus restructuring charges $0.05). source
• Adjusted diluted earnings per share for the three months ended June 30, 2026 as adjusted: $1.85 per share (as adjusted net income $569 million). source

Impact estimates