Republic Services Q3 2024 Earnings Report
Key Takeaways
Republic Services reported a strong third quarter with revenue growth of 6.5 percent. The company expanded net income margin by 130 basis points and adjusted EBITDA margin by 210 basis points. Reported EPS was $1.80, and adjusted EPS was $1.81.
Total revenue growth of 6.5 percent, including 4.2 percent organic growth and 2.3 percent growth from acquisitions.
Net income margin expanded 130 basis points.
Adjusted EBITDA margin expanded 210 basis points to 32.0 percent.
Adjusted EPS increased 17.5 percent year-over-year to $1.81.
Republic Services
Republic Services
Republic Services Revenue by Segment
Forward Guidance
The Company expects revenue to be near the low end of its full-year 2024 guidance range and to achieve the high end of its full-year 2024 adjusted EBITDA guidance range.
Revenue & Expenses
Visualization of income flow from segment revenue to net income