REPUBLIC SERVICES, INC. (RSG)

Utilities · Refuse Systems · Price $219.27
Updated: Aug 28, 2026
Net Income (TTM)
$2.2B
Trailing 12 Months
Growth Rate
11.24%
Log-Linear Regression (16Q)
Price/Earnings
31.1x
Valuation Multiple
EPS (Diluted)
$7.06
Net Income / Shares
Net Margin
11.31%
Profitability

📈 Net Income History (16 Quarters)

🧮 RSG Net Income Breakdown

Net Income = Revenue - All Expenses - Taxes - Interest
Revenue (Top Line) $19.3B
Less: Cost of Revenue → Gross Profit $9.5B
Less: Operating Expenses → Operating Income $3.4B
Less: Interest Expense $591.0M
Less: Income Tax Expense $379.0M
Equals: Net Income (Bottom Line) $2.2B

Understanding Net Income

Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For RSG, the trailing twelve month net income is $2.2B.

Why Net Income Matters

Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.

RSG's net income growth rate of 11.24% (based on log-linear regression of 16 quarters) indicates strong profit growth above market averages.

Net Income vs Cash Flow Metrics

Free Cash Flow: $2.6B →

Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.

Owner Earnings: $2.7B →

Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.

EPS (Diluted): $7.06 →

Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.

Revenue: $19.3B →

The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.

P/E Ratio Analysis

RSG's P/E ratio of 31.1x means investors pay $31.06 for every $1 of annual earnings. A P/E between 25-40 suggests investors expect above-average earnings growth.

Net Margin: Profitability Efficiency

Net margin of 11.31% shows what percentage of RSG's revenue converts to profit after all costs. Net margins between 10-20% are solid and typical of well-managed businesses.

Summary: RSG Net Income Trend

REPUBLIC SERVICES, INC. (RSG) has a net margin of 11.31%, which Zyberno classifies as good for a Utilities company — above the 7% threshold Zyberno applies to regulated utilities where net margins are bounded by regulatory frameworks and financing costs. Net income grew at 11.24% annually — above the 10% threshold Zyberno considers healthy growth above market averages. For complete financial analysis, view the full RSG stock report on Zyberno.

Frequently Asked Questions

What is RSG's current net income?

REPUBLIC SERVICES, INC.'s TTM net income is $2.2B, growing at 11.24% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

Is RSG's net income growing?

REPUBLIC SERVICES, INC. (RSG) has a net margin of 11.31%, which Zyberno classifies as good for a Utilities company — above the 7% threshold Zyberno applies to regulated utilities where net margins are bounded by regulatory frameworks and financing costs. Net income grew at 11.24% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is RSG's net profit margin?

REPUBLIC SERVICES, INC. (RSG) has a net margin of 11.31%, which Zyberno classifies as good for a Utilities company — above the 7% threshold Zyberno applies to regulated utilities where net margins are bounded by regulatory frameworks and financing costs. Net income grew at 11.24% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is RSG's P/E ratio?

RSG's P/E ratio is 31.1x, meaning the market values the company at 31.1 times its annual earnings.

How does net income differ from free cash flow?

Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. RSG's net income is $2.2B versus free cash flow of $2.6B. Large differences often indicate significant capital expenditures or working capital changes.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
$172.95
🛡️
Margin of Safety
Valuation Gap
-26.8%
🎯
Expected Return
Projected Annual
4.8%
Click any metric for full methodology and detailed analysis

📊 Full RSG Stock Report

See RSG's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 RSG Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 RSG Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 RSG Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 RSG Earnings Surprise (SUE)

See whether RSG is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 RSG Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 RSG Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 RSG Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 RSG Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

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