RSG · 10-Q · 2026Q2 · Full report
Income Tax Rate Changes
REPUBLIC SERVICES, INC. · 2026-08-07 · Importance 55 · Surprise 66 · No source text
Republic Services’ effective tax rate declined to 19.4% for the six months ended June 30, 2026, from 24.6% in the comparable 2025 period, a change exceeding 10% year over year. The 2026 rate included net benefits of $78 million from investments in renewable energy assets. It also included $13 million of benefits from investments in renewable natural gas projects and electric-vehicle infrastructure, compared with $9 million of benefits from renewable natural gas projects and commercial electric vehicles in the first six months of 2025.
Key facts
- Effective tax rate (exclusive of non-controlling interests) was 19.0% and 19.4% for the three and six months ended June 30, 2026, respectively (vs 23.6% and 24.6% for same periods in 2025). source
- Tax benefits included in 2026 effective tax rate: net benefits of $41 million and $78 million from investments in renewable energy assets, and benefits of $10 million and $13 million from investments in renewable natural gas projects and electric vehicle infrastructure for the three and six months ended June 30, 2026, respectively. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +2.0% | Tax benefits included in 2026 effective tax rate: net benefits of $41 million and $78 million from investments in renewable energy assets,… |
| net_income | positive | realized | +1.1% | Tax benefits included in 2026 effective tax rate: net benefits of $41 million and $78 million from investments in renewable energy assets,… |
| net_income | positive | realized | — | Effective tax rate (exclusive of non-controlling interests) was 19.0% and 19.4% for the three and six months ended June 30, 2026,… |