RSG · 10-Q · 2026Q3 · Full report
Acquisition Investment
REPUBLIC SERVICES, INC. · 2026-10-30 · Importance 57 · Surprise 50 · Matches filing data
Republic said its acquisition strategy focuses primarily on privately held recycling and waste companies and environmental solutions businesses that complement its existing platform. The company expected to invest at least $1.2 billion in acquisitions in 2026. Acquisitions, net of divestitures, added 1.2% to revenue for the nine months ended September 30, 2026 and 1.3% for the third quarter. Acquisition-related growth also contributed to higher labor and benefits, transfer and disposal costs, depreciation, and amortization expenses.
Key facts
- Republic Services expects to invest at least $1.2 billion in acquisitions in 2026. source
- During an elected elevated-ratio period triggered by acquisitions with aggregate consideration exceeding $200.0 million in a fiscal quarter, the Credit Facility permits a total debt-to-EBITDA ratio up to 4.25 to 1.00 during the trigger quarter and the following three fiscal quarters. source
- Republic paid $1,117 million for acquisitions and investments in the nine months ended September 30, 2026, compared with $1,259 million in the same period in 2025. source
- Republic Services' acquisition growth strategy focuses primarily on privately held recycling and waste companies and environmental solutions businesses that complement its existing platform. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Republic Services expects to invest at least $1.2 billion in acquisitions in 2026. |