Republic Services hauls waste and recycling for millions of homes and businesses — a dull job that prints steady money.
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✦ The bottom line
Republic Services collected $19.0B hauling trash and recycling last year — up 3.3%. Slow, steady, and almost impossible to disrupt.
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✦ Teach me
Money coming in
Revenue here is mostly recurring: contracts with cities, homes, and businesses that renew year after year, often with built-in price increases. Trash doesn't stop in a recession — so neither does the billing.
Wall Street calls this
Revenue
Recurring, recession-resistant revenue is the most dependable kind there is.
Revenue · fiscal year 2025
$19.0
B
Up from $18.4B a year earlier — +3.3%. The kind of growth you can almost set a watch by.
Source · 10-K · Consolidated Statements of Income · FY2025 · Filed Feb 18, 2026
From the 10-K · how big they are
Republic Services is one of the largest providers of environmental services in North America, as measured by revenue.
↳ Translated: scale matters in trash — bigger routes mean lower cost per stop.
Source · 10-K · Business — Overview · FY2025 · Filed Feb 18, 2026
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Dependable
Low-single-digit growth from an essential service that never switches off. Boring on purpose.