Republic Services Q1 2022 Earnings Report
Key Takeaways
Republic Services reported a strong start to the year with double-digit growth in revenue, EBITDA, and free cash flow. The company's strategic investments in environmental solutions and differentiated capabilities drove the positive results.
EPS was $1.11 per share, and adjusted EPS was $1.14 per share.
Cash provided by operating activities was $705.6 million, an increase of 6.7 percent versus the prior year; adjusted free cash flow was $530.9 million, an increase of 14.4 percent versus the prior year.
Net income was $352.0 million, or 11.9 percent of revenue.
Adjusted EBITDA was $903.5 million and adjusted EBITDA margin was 30.4 percent of revenue.
Republic Services
Republic Services
Republic Services Revenue by Segment
Forward Guidance
This press release contains forward-looking statements with risks and uncertainties.
Challenges Ahead
- our ability to effectively integrate and manage companies we acquire, including US Ecology, and to realize the anticipated benefits of any such acquisitions
- the effects of the COVID-19 pandemic and actions taken in response thereto
- acts of war, riots or terrorism, and the impact of these acts on economic, financial and social conditions in the United States
- our dependence on large, long-term collection, transfer and disposal contracts.
Revenue & Expenses
Visualization of income flow from segment revenue to net income