Republic Services annual free cash flow
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2025
Republic Services Free Cash Flow (FCF) History (RSG)
Republic Services reported $2.41B in free cash flow for fiscal 2025, an increase of 15.76% from the previous fiscal year, with a free cash flow margin of 14.52%.
View full Republic Services company overviewRepublic Services free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.41B | $328.0M | +15.76% | +14.52% |
| 2024 | 2024-12-31 | $2.08B | $94.0M | +4.73% | +12.98% |
| 2023 | 2023-12-31 | $1.99B | $251.0M | +14.46% | +13.28% |
| 2022 | 2022-12-31 | $1.74B | $265.6M | +18.06% | +12.85% |
| 2021 | 2021-12-31 | $1.47B | $193.4M | +15.14% | +13.02% |
| 2020 | 2020-12-31 | $1.28B | $132.0M | +11.53% | +12.58% |
| 2019 | 2019-12-31 | $1.15B | −$26.0M | −2.22% | +11.12% |
| 2018 | 2018-12-31 | $1.17B | $250.1M | +27.16% | +11.66% |
| 2017 | 2017-12-31 | $920.9M | $900,000 | +0.10% | +9.17% |
| 2016 | 2016-12-31 | $920.0M | $185.9M | +25.32% | +9.80% |
| 2015 | 2015-12-31 | $734.1M | $66.8M | +10.01% | +6.67% |
| 2014 | 2014-12-31 | $667.3M | −$100,000 | −0.01% | +6.28% |
| 2013 | 2013-12-31 | $667.4M | $57.1M | +9.36% | +6.58% |
| 2012 | 2012-12-31 | $610.3M | −$219.9M | −26.49% | +6.27% |
| 2011 | 2011-12-31 | $830.2M | $191.2M | +29.92% | +8.51% |
| 2010 | 2010-12-31 | $639.0M | $68.8M | +12.07% | +7.88% |
| 2009 | 2009-12-31 | $570.2M | $444.9M | +355.07% | +6.95% |
| 2008 | 2008-12-31 | $125.3M | −$243.5M | −66.02% | +3.40% |
| 2007 | 2007-12-31 | $368.8M | — | — | +11.61% |
Republic Services quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $761.0M | $59.0M | +8.40% | +17.18% |
| Q1 2026 | 2026-03-31 | $751.0M | $185.0M | +32.69% | +18.26% |
| Q4 2025 | 2025-12-31 | $404.0M | −$120.0M | −22.90% | +9.77% |
| Q3 2025 | 2025-09-30 | $737.0M | $173.0M | +30.67% | +17.50% |
| Q2 2025 | 2025-06-30 | $702.0M | $5.0M | +0.72% | +16.58% |
| Q1 2025 | 2025-03-31 | $566.0M | $270.0M | +91.22% | +14.12% |
| Q4 2024 | 2024-12-31 | $524.0M | $173.1M | +49.33% | +12.95% |
| Q3 2024 | 2024-09-30 | $564.0M | −$20.2M | −3.46% | +13.84% |
| Q2 2024 | 2024-06-30 | $697.0M | −$45.8M | −6.17% | +17.22% |
| Q1 2024 | 2024-03-31 | $296.0M | −$13.1M | −4.24% | +7.66% |
| Q4 2023 | 2023-12-31 | $350.9M | $70.1M | +24.96% | +9.16% |
| Q3 2023 | 2023-09-30 | $584.2M | $44.9M | +8.33% | +15.27% |
| Q2 2023 | 2023-06-30 | $742.8M | $198.4M | +36.44% | +19.94% |
| Q1 2023 | 2023-03-31 | $309.1M | −$62.4M | −16.80% | +8.63% |
| Q4 2022 | 2022-12-31 | $280.8M | $44.0M | +18.58% | +7.96% |
| Q3 2022 | 2022-09-30 | $539.3M | $179.9M | +50.06% | +14.99% |
| Q2 2022 | 2022-06-30 | $544.4M | $200,000 | +0.04% | +15.95% |
| Q1 2022 | 2022-03-31 | $371.5M | $41.5M | +12.58% | +12.51% |
| Q4 2021 | 2021-12-31 | $236.8M | −$20.2M | −7.86% | +8.02% |
| Q3 2021 | 2021-09-30 | $359.4M | $18.2M | +5.33% | +12.25% |
| Q2 2021 | 2021-06-30 | $544.2M | $88.1M | +19.32% | +19.35% |
| Q1 2021 | 2021-03-31 | $330.0M | $107.3M | +48.18% | +12.71% |
| Q4 2020 | 2020-12-31 | $257.0M | −$9.4M | −3.53% | +9.99% |
| Q3 2020 | 2020-09-30 | $341.2M | $9.5M | +2.86% | +13.27% |
| Q2 2020 | 2020-06-30 | $456.1M | $163.6M | +55.93% | +18.58% |
| Q1 2020 | 2020-03-31 | $222.7M | −$31.7M | −12.46% | +8.72% |
| Q4 2019 | 2019-12-31 | $266.4M | $21.8M | +8.91% | +10.34% |
| Q3 2019 | 2019-09-30 | $331.7M | $54.2M | +19.53% | +12.53% |
| Q2 2019 | 2019-06-30 | $292.5M | −$38.3M | −11.58% | +11.23% |
| Q1 2019 | 2019-03-31 | $254.4M | −$63.7M | −20.03% | +10.30% |
| Q4 2018 | 2018-12-31 | $244.6M | −$63.2M | −20.53% | +9.67% |
| Q3 2018 | 2018-09-30 | $277.5M | $46.1M | +19.92% | +10.82% |
| Q2 2018 | 2018-06-30 | $330.8M | $169.6M | +105.21% | +13.14% |
| Q1 2018 | 2018-03-31 | $318.1M | $97.6M | +44.26% | +13.10% |
| Q4 2017 | 2017-12-31 | $307.8M | $8.7M | +2.91% | +12.02% |
| Q3 2017 | 2017-09-30 | $231.4M | −$57.2M | −19.82% | +9.03% |
| Q2 2017 | 2017-06-30 | $161.2M | −$11.1M | −6.44% | +6.38% |
| Q1 2017 | 2017-03-31 | $220.5M | $60.5M | +37.81% | +9.22% |
| Q4 2016 | 2016-12-31 | $299.1M | $157.5M | +111.23% | +33.21% |
| Q3 2016 | 2016-09-30 | $288.6M | $98.1M | +51.50% | +9.89% |
| Q2 2016 | 2016-06-30 | $172.3M | −$3.2M | −1.82% | +6.03% |
| Q1 2016 | 2016-03-31 | $160.0M | −$66.5M | −29.36% | +5.90% |
| Q4 2015 | 2015-12-31 | $141.6M | −$107.2M | −43.09% | +5.11% |
| Q3 2015 | 2015-09-30 | $190.5M | $21.4M | +12.66% | +6.72% |
| Q2 2015 | 2015-06-30 | $175.5M | $108.8M | +163.12% | +6.26% |
| Q1 2015 | 2015-03-31 | $226.5M | $43.8M | +23.97% | +8.70% |
| Q4 2014 | 2014-12-31 | $248.8M | $29.9M | +13.66% | +9.26% |
| Q3 2014 | 2014-09-30 | $169.1M | $20.3M | +13.64% | +6.17% |
| Q2 2014 | 2014-06-30 | $66.7M | −$28.0M | −29.57% | +2.47% |
| Q1 2014 | 2014-03-31 | $182.7M | −$22.3M | −10.88% | +7.33% |
| Q4 2013 | 2013-12-31 | $218.9M | −$42.1M | −16.13% | +8.51% |
| Q3 2013 | 2013-09-30 | $148.8M | $32.0M | +27.40% | +5.69% |
| Q2 2013 | 2013-06-30 | $94.7M | −$77.8M | −45.10% | +3.70% |
| Q1 2013 | 2013-03-31 | $205.0M | $145.0M | +241.67% | +8.55% |
| Q4 2012 | 2012-12-31 | $261.0M | $21.5M | +8.98% | +8.07% |
| Q3 2012 | 2012-09-30 | $116.8M | −$160.0M | −57.80% | +4.76% |
| Q2 2012 | 2012-06-30 | $172.5M | −$4.9M | −2.76% | +8.37% |
| Q1 2012 | 2012-03-31 | $60.0M | −$76.5M | −56.04% | +3.03% |
| Q4 2011 | 2011-12-31 | $239.5M | −$7.2M | −2.92% | +6.67% |
| Q3 2011 | 2011-09-30 | $276.8M | $93.9M | +51.34% | +13.08% |
| Q2 2011 | 2011-06-30 | $177.4M | $58.7M | +49.45% | +8.50% |
| Q1 2011 | 2011-03-31 | $136.5M | $45.8M | +50.50% | +6.95% |
| Q4 2010 | 2010-12-31 | $246.7M | $146.4M | +145.96% | +12.21% |
| Q3 2010 | 2010-09-30 | $182.9M | $45.5M | +33.11% | +8.87% |
| Q2 2010 | 2010-06-30 | $118.7M | $105.2M | +779.26% | +5.74% |
| Q1 2010 | 2010-03-31 | $90.7M | −$228.3M | −71.57% | +4.63% |
| Q4 2009 | 2009-12-31 | $100.3M | $367.1M | — | +5.02% |
| Q3 2009 | 2009-09-30 | $137.4M | — | — | +6.63% |
| Q2 2009 | 2009-06-30 | $13.5M | — | — | +0.65% |
| Q1 2009 | 2009-03-31 | $319.0M | — | — | +15.48% |
| Q3 2008 | 2008-09-30 | −$266.8M | — | — | −31.99% |
Republic Services free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.28B to $2.41B, a compound annual growth rate of 13.53%. Republic Services's latest reported quarter, Q2 2026, generated $761.0M in free cash flow, an increase of 8.40% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Republic Services filings at SEC.gov ↗