← REPUBLIC SERVICES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $612.6m | $1.3b | $1.0b | $1.1b | $967.2m | $1.3b | $1.5b | $1.7b | $2.0b | $2.1b | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $613.2m | $1.3b | $1.0b | $1.1b | $969.6m | $1.3b | $1.5b | $1.7b | $2.0b | $2.1b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $600k | $600k | $700k | $500k | $2.4m | $1.9m | — | — | — | — | |
| Depreciation, Depletion and Amortization | $991.1m | $1.0b | $1.0b | $1.0b | $1.1b | $1.2b | $1.4b | $1.5b | $1.7b | $1.8b | |
| Amortization of Intangible Assets | $66.9m | $66.7m | $56.8m | $20.6m | $21.1m | $33.4m | $53.9m | $66.3m | $79.0m | $89.0m | |
| Depreciation, Amortization and Accretion, Net | $1.1b | $1.1b | $1.1b | $1.1b | $1.2b | $1.3b | $1.4b | $1.6b | $1.8b | $1.9b | |
| Deferred Income Tax Expense (Benefit) | $47.2m | ($379.0m) | $152.1m | $166.1m | $60.8m | ($15.5m) | $181.1m | $101.7m | $87.0m | $269.0m | |
| Share-based Payment Arrangement, Noncash Expense | $23.2m | $34.6m | $39.0m | $39.5m | $37.3m | $57.0m | $38.8m | $40.9m | $42.0m | — | |
| Equity Method Investment, Other than Temporary Impairment | $6.1m | $27.4m | $35.8m | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $4.6m | $32.0m | $58.9m | $13.8m | ($75.5m) | ($400k) | $9.2m | $1.2m | $19.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | |
| Gain (Loss) on Extinguishment of Debt | ($196.2m) | ($800k) | ($300k) | $0 | ($101.9m) | $0 | $0 | ($200k) | ($2.0m) | $0 | |
| Income (Loss) from Equity Method Investments | — | $27.4m | $35.8m | ($112.2m) | ($118.2m) | ($188.5m) | ($165.6m) | ($94.3m) | ($255.0m) | ($163.0m) | |
| Income Tax Expense (Benefit) | $352.7m | $3.1m | $283.3m | $222.0m | $173.1m | $282.8m | $343.9m | $460.1m | $388.0m | $455.0m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $539.0m | $574.0m | |
| Other Nonoperating Income (Expense) | $1.1m | $2.7m | $3.4m | $6.4m | $4.1m | ($500k) | ($2.3m) | $7.5m | $23.0m | $21.0m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | $52.3m | $118.9m | $29.6m | $38.3m | ($13.8m) | $135.4m | $198.8m | $71.3m | $76.0m | $87.0m | |
| Increase (Decrease) in Accounts Payable | ($9.8m) | $21.7m | $85.9m | $6.4m | ($46.7m) | $113.8m | $106.4m | $82.8m | ($27.0m) | ($14.0m) | |
| Accretion Expense | — | — | $41.2m | $48.8m | $61.7m | $70.5m | $71.6m | $85.8m | $71.0m | $75.0m | |
| Asset Retirement Obligation, Accretion Expense | $79.1m | $79.8m | $80.7m | $81.9m | $82.9m | $82.7m | $89.6m | $97.9m | $107.0m | $114.0m | |
| Goodwill | $11.2b | $11.3b | $11.4b | $11.6b | $12.0b | $12.8b | $14.5b | $15.8b | $16.0b | $16.7b | |
| Investment Income, Interest | $900k | $1.0m | $1.6m | $6.4m | $5.2m | $2.5m | $3.3m | $6.5m | $9.0m | $8.0m | |
| Pension Cost (Reversal of Cost) | $5.6m | $1.2m | $0 | $0 | — | — | — | — | — | — | |
| Restructuring Costs | $40.7m | $17.6m | — | — | — | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $600k | $100k | $100k | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($26.5m) | ($5.3m) | $3.8m | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.8b | $1.9b | $2.2b | $2.4b | $2.5b | $2.8b | $3.2b | $3.6b | $3.9b | $4.3b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $927.8m | $989.8m | $1.1b | $1.2b | $1.2b | $1.3b | $1.5b | $1.6b | $1.9b | $1.9b | |
| Payments to Acquire Businesses, Net of Cash Acquired | $62.4m | $354.7m | $277.3m | $575.1m | $769.5m | $1.2b | $3.0b | $2.1b | $753.0m | $1.4b | |
| Payments for (Proceeds from) Other Investing Activities | $1.0m | $2.0m | $300k | $100k | $0 | $1.0m | $14.0m | ($9.8m) | $0 | $20.0m | |
| Net Cash Provided by (Used in) Investing Activities | ($961.2m) | ($1.4b) | ($1.2b) | ($1.7b) | ($1.9b) | ($2.5b) | ($4.4b) | ($3.7b) | ($2.6b) | ($3.3b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Issuance of Common Stock | $49.7m | $36.9m | $23.2m | $9.3m | $3.9m | ($12.0m) | ($13.6m) | — | — | — | |
| Payments for Repurchase of Common Stock | $403.8m | $610.7m | $736.9m | $399.4m | $98.8m | $252.2m | $203.5m | $261.8m | $482.0m | $870.0m | |
| Payments of Ordinary Dividends, Common Stock | $418.9m | $440.5m | $461.8m | $491.2m | $522.5m | $552.6m | $592.9m | $638.1m | $687.0m | $738.0m | |
| Dividends Payable, Current | $108.6m | $114.4m | $121.0m | $129.2m | $135.5m | $145.9m | $156.4m | $168.3m | $181.0m | $193.0m | |
| Proceeds from (Payments for) Other Financing Activities | $5.7m | ($6.6m) | ($12.1m) | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($851.2m) | ($511.8m) | ($1.1b) | ($589.0m) | ($612.0m) | ($329.2m) | $1.3b | $61.9m | ($1.4b) | ($938.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $0 | $0 | ($2.5m) | $300k | ($2.0m) | $1.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $26.5m | $66.1m | ($45.8m) | $44.1m | ($63.2m) | ($8.6m) | $108.7m | $13.2m | ($25.0m) | $46.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $26.5m | $66.1m | $133.3m | $177.4m | $114.2m | $105.6m | $214.3m | $227.5m | $203.0m | $249.0m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | $265.0m | $370.0m | $210.0m | $31.0m | $124.0m | $300.0m | $185.0m | $343.0m | $313.0m | $206.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.