Republic Services annual debt-to-equity ratio
2008
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2023
2024
2025
Republic Services Debt-to-Equity Ratio Growth & History (RSG)
Republic Services's debt-to-equity ratio was 1.15 for fiscal 2025.
View full Republic Services company overviewRepublic Services annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.15 | 0.02 | +1.54% |
| 2024 | 2024-12-31 | 1.14 | −0.10 | −8.36% |
| 2023 | 2023-12-31 | 1.24 | −0.01 | −0.61% |
| 2022 | 2022-12-31 | 1.25 | 0.15 | +13.91% |
| 2021 | 2021-12-31 | 1.09 | 0.01 | +1.26% |
| 2020 | 2020-12-31 | 1.08 | −0.02 | −1.94% |
| 2019 | 2019-12-31 | 1.10 | 0.04 | +3.95% |
| 2018 | 2018-12-31 | 1.06 | 0.03 | +2.96% |
| 2017 | 2017-12-31 | 1.03 | 0.02 | +2.02% |
| 2016 | 2016-12-31 | 1.01 | 0.03 | +2.70% |
| 2015 | 2015-12-31 | 0.98 | 0.06 | +6.15% |
| 2014 | 2014-12-31 | 0.93 | 0.04 | +4.56% |
| 2013 | 2013-12-31 | 0.89 | −0.03 | −3.21% |
| 2012 | 2012-12-31 | 0.92 | 0.01 | +1.58% |
| 2011 | 2011-12-31 | 0.90 | 0.04 | +4.85% |
| 2010 | 2010-12-31 | 0.86 | 0.01 | +1.27% |
| 2009 | 2009-12-31 | 0.85 | −0.14 | −14.16% |
| 2008 | 2008-12-31 | 0.99 | — | — |
Republic Services quarterly debt-to-equity ratio
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q2.12
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Q2.13
Q3.13
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Q1.14
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Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q3.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.19 | 0.09 | +8.33% |
| Q1 2026 | 2026-03-31 | 1.18 | 0.02 | +1.36% |
| Q4 2025 | 2025-12-31 | 1.15 | 0.02 | +1.54% |
| Q3 2025 | 2025-09-30 | 1.14 | −0.00 | −0.21% |
| Q2 2025 | 2025-06-30 | 1.10 | −0.10 | −8.57% |
| Q1 2025 | 2025-03-31 | 1.16 | −0.05 | −3.97% |
| Q4 2024 | 2024-12-31 | 1.14 | −0.10 | −8.36% |
| Q3 2024 | 2024-09-30 | 1.14 | −0.04 | −3.24% |
| Q2 2024 | 2024-06-30 | 1.20 | −0.01 | −0.99% |
| Q1 2024 | 2024-03-31 | 1.21 | −0.02 | −1.88% |
| Q4 2023 | 2023-12-31 | 1.24 | −0.01 | −0.61% |
| Q3 2023 | 2023-09-30 | 1.18 | −0.08 | −6.36% |
| Q2 2023 | 2023-06-30 | 1.21 | −0.12 | −8.70% |
| Q1 2023 | 2023-03-31 | 1.23 | 0.13 | +11.87% |
| Q4 2022 | 2022-12-31 | 1.25 | 0.15 | +13.91% |
| Q3 2022 | 2022-09-30 | 1.26 | 0.18 | +17.14% |
| Q2 2022 | 2022-06-30 | 1.33 | 0.28 | +26.48% |
| Q1 2022 | 2022-03-31 | 1.10 | 0.06 | +5.50% |
| Q4 2021 | 2021-12-31 | 1.09 | 0.01 | +1.26% |
| Q3 2021 | 2021-09-30 | 1.07 | −0.00 | −0.45% |
| Q2 2021 | 2021-06-30 | 1.05 | −0.03 | −3.12% |
| Q1 2021 | 2021-03-31 | 1.04 | −0.09 | −8.30% |
| Q4 2020 | 2020-12-31 | 1.08 | −0.02 | −1.94% |
| Q3 2020 | 2020-09-30 | 1.08 | −0.03 | −3.09% |
| Q2 2020 | 2020-06-30 | 1.08 | −0.01 | −0.97% |
| Q1 2020 | 2020-03-31 | 1.14 | 0.05 | +4.22% |
| Q4 2019 | 2019-12-31 | 1.10 | 0.04 | +3.95% |
| Q3 2019 | 2019-09-30 | 1.11 | 0.16 | +16.72% |
| Q2 2019 | 2019-06-30 | 1.09 | 0.05 | +4.44% |
| Q1 2019 | 2019-03-31 | 1.09 | 0.14 | +15.16% |
| Q4 2018 | 2018-12-31 | 1.06 | 0.03 | +2.96% |
| Q3 2018 | 2018-09-30 | 0.95 | 0.02 | +2.33% |
| Q2 2018 | 2018-06-30 | 1.05 | 0.12 | +13.40% |
| Q1 2018 | 2018-03-31 | 0.95 | −0.05 | −4.97% |
| Q4 2017 | 2017-12-31 | 1.03 | 0.02 | +2.02% |
| Q3 2017 | 2017-09-30 | 0.93 | −0.08 | −7.99% |
| Q2 2017 | 2017-06-30 | 0.92 | −0.06 | −5.88% |
| Q1 2017 | 2017-03-31 | 1.00 | 0.02 | +2.50% |
| Q4 2016 | 2016-12-31 | 1.01 | 0.03 | +2.70% |
| Q3 2016 | 2016-09-30 | 1.01 | 0.04 | +4.59% |
| Q2 2016 | 2016-06-30 | 0.98 | 0.01 | +0.90% |
| Q1 2016 | 2016-03-31 | 0.97 | −0.00 | −0.01% |
| Q4 2015 | 2015-12-31 | 0.98 | 0.06 | +6.15% |
| Q3 2015 | 2015-09-30 | 0.97 | 0.08 | +9.41% |
| Q2 2015 | 2015-06-30 | 0.97 | 0.08 | +8.43% |
| Q1 2015 | 2015-03-31 | 0.97 | 0.08 | +8.63% |
| Q4 2014 | 2014-12-31 | 0.93 | 0.04 | +4.56% |
| Q3 2014 | 2014-09-30 | 0.89 | −0.02 | −2.47% |
| Q2 2014 | 2014-06-30 | 0.90 | −0.01 | −1.42% |
| Q1 2014 | 2014-03-31 | 0.90 | −0.01 | −1.15% |
| Q4 2013 | 2013-12-31 | 0.89 | −0.03 | −3.21% |
| Q3 2013 | 2013-09-30 | 0.91 | −0.01 | −1.11% |
| Q2 2013 | 2013-06-30 | 0.91 | −0.02 | −1.79% |
| Q1 2013 | 2013-03-31 | 0.91 | 0.02 | +1.76% |
| Q4 2012 | 2012-12-31 | 0.92 | 0.01 | +1.58% |
| Q3 2012 | 2012-09-30 | 0.92 | −0.01 | −0.62% |
| Q2 2012 | 2012-06-30 | 0.93 | −0.03 | −2.83% |
| Q1 2012 | 2012-03-31 | 0.89 | 0.10 | +12.13% |
| Q4 2011 | 2011-12-31 | 0.90 | 0.04 | +4.85% |
| Q3 2011 | 2011-09-30 | 0.92 | 0.17 | +23.20% |
| Q2 2011 | 2011-06-30 | 0.95 | 0.12 | +13.98% |
| Q1 2011 | 2011-03-31 | 0.79 | −0.08 | −9.46% |
| Q4 2010 | 2010-12-31 | 0.86 | 0.01 | +1.27% |
| Q3 2010 | 2010-09-30 | 0.75 | −0.15 | −16.89% |
| Q2 2010 | 2010-06-30 | 0.84 | −0.07 | −7.44% |
| Q1 2010 | 2010-03-31 | 0.88 | — | — |
| Q4 2009 | 2009-12-31 | 0.85 | −0.14 | −14.16% |
| Q3 2009 | 2009-09-30 | 0.90 | — | — |
| Q2 2009 | 2009-06-30 | 0.90 | — | — |
| Q4 2008 | 2008-12-31 | 0.99 | — | — |
Republic Services debt-to-equity ratio trends
Over the last five fiscal years, Republic Services's debt-to-equity ratio increased from 1.08 to 1.15, a change of 0.07. The latest reported quarter, Q2 2026, shows 1.19.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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