Republic Services Inc (RSG) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Republic Services Inc stock $129, price $245, that is 47.3% below the price, quality 65 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $109.31 – $253.70 · fair‑value band $68.07 – $184.31 · the $245.41 price screens above the $129.29 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States and Canada.
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It is involved in the collection and processing of recyclable, solid waste, and industrial waste materials; transportation and disposal of non-hazardous and hazardous waste streams; and other environmental solutions.
Its residential collection services include curbside collection of material for transport to transfer stations, landfills, recycling centers, and organics processing facilities; supply of recycling and waste containers; and renting of compactors.
The company also engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill services. It serves small-container, large-container, and residential customers.
The company was incorporated in 1996 and is based in Phoenix, Arizona.
Stock analysis
Republic Services Inc (RSG) currently trades at $245.41, while our model-based Fair Value estimate is $129.29, 47% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $147.45 per share, and 0 of the 24 models we run sit above the $245.41 price.
Bear case: the Dividend Discount group reads lowest at $42.79, and 24 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: $68.07 (bear) to $184.31 (bull), the price of $245.41 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 65/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Republic Services Inc reported revenue of $16.6B in FY2025 versus $11.3B in FY2021, a compound +10.1%/yr. Reported net income was $2.1B in FY2025, compounding +13.5%/yr from FY2021.
Key figures
Market cap $75.5B Large · P/E ratio 34.0 · P/S ratio 4.38 · EPS (TTM) $7.22 · Dividend yield 1.0% · Net margin 12.9% · Return on equity 18.5% · Return on assets (EBIT) 9.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 25% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −17% fair-value upside, at −47%, RSG screens richer than that median.
Fair Value models
Bear$68.07Fair Value $129.29Bull$184.31
Price $245.41 · Downside -47.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($3.97 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 3 officers or directors sold shares worth $1.3M and none bought.
SaleBrian A BalesEVP, Chief Development Officer3,400 shares at $244.00$829,600Nov 2, 2026
BuyWilliam H Gates III10% owner8× since May 11, 2026: 4,350,986 shares, avg. $219.02$953.0MSep 11, 2026
BuyCASCADE INVESTMENT, L.L.C.10% owner6× since May 14, 2026: 2,890,626 shares, avg. $217.85$629.7MAug 31, 2026
SaleSandra M VolpeDirector1,800 shares at $211.28$380,304Jun 11, 2026
SaleElyse CarlsenCAO360 shares at $216.32$77,877May 19, 2026
BuyKatharine WeymouthDirector478 shares at $209.46$100,122Dec 9, 2025
Plus 3 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.92/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+3.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.1%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.3%
Start year 2020 (pandemic). Over 10 years: +6.2% a year
Revenue growth 27 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+16.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+15.5%
Dividend (yield on the price)1.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.15.5% vs 14.4%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.17% → 20%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +13.3% a year for the price and +2.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (100 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Steady revenue from long-term waste collection contracts and polymer centers provides stability, yet thin public data limits confirmation of a durable competitive moat.
Main risk: Ongoing Clean Water Act violations and related citizen lawsuits at landfills could force costly upgrades, higher penalties or permit restrictions that raise operating expenses and constrain disposal capacity.
Bull case: By accelerating compliance investments and automation at landfills the company could reduce violation risks, secure permits more easily and strengthen its position against smaller operators.
Bear case: Repeated large penalties, permit delays or forced operational changes at key landfills could materially raise costs, reduce disposal volumes and erode the advantages of the integrated network.
Republic Services draws steady revenue from long-term waste collection contracts. Its polymer centers have surpassed expected volumes and are lifting results through stronger commodity prices. Our models see the stock as overvalued. Will the gains from these recycling efforts hold up better than the swings in commodity markets?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Waste Management · 155 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score65 · Top 25%
Fair Value upside−47.3% · Below median
Profitability
Return on equity (12 months)18.5% · Top 25%
Return on assets6.2% · Top 25%
Net margin (12 months)12.9% · Above median
Operating margin (12 months)20.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.2% · Above median
Dividend yield (12 months)1.0% · Below median
Balance sheet
Debt / equity1.09× · Highest 25%
Valuation Multiplesvs Waste Management median · lower = cheaper
P/E (12 months)34.0× · Pricier than median
P/B6.31× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)4.38× · Priciest 25%
Price / free cash flow31.3× · Priciest 25%
EV/EBITDA16.4× · Pricier than median
PEG3.16× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 29
FUTURE (revenue growth)41· sector 37
PAST (return on equity)74· sector 23
HEALTH (low debt)46· sector 83
DIVIDEND (yield)21· sector 51
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Republic Services Inc (RSG) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of $129.29 versus a price of $245.41, about 47% lower (overvalued).
What is the fair value of RSG?
Our model-based fair value for Republic Services Inc is $129.29 (as of Nov 6, 2026), built from audited fundamentals. The current price: $245.41.
What is the quality score of RSG?
Republic Services Inc has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Republic Services Inc (RSG)?
Our model-based price target is the fair value of $129.29 (as of Nov 6, 2026) from 24 valuation models. Cautious scenario $68.07, optimistic scenario $184.31. It is a calculation from audited fundamentals, not an analyst target.
What is the Republic Services Inc stock forecast for 2026?
Our models put fair value at $129.29, about 47% lower versus a price of $245.41 (overvalued). Cautious scenario $68.07, optimistic scenario $184.31. The calculation is refreshed regularly with new filings.
What is the revenue of Republic Services Inc (RSG)?
Republic Services Inc reported trailing-twelve-month revenue of about $17.2B (latest available figure, as of Nov 6, 2026).
Does Republic Services Inc pay a dividend?
Republic Services Inc currently shows a dividend yield of 1.04% relative to its recent price (as of Nov 6, 2026).
What growth is priced into Republic Services Inc (RSG)?
For today's price to be fair in a discounted-cash-flow model, Republic Services Inc would have to grow free cash flow by +16.0 % per year for five years (discount rate 8.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +10.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of RSG use?
Our models discount Republic Services Inc at 8.1 %: a base by market capitalisation (large), damped by beta 0.40, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Republic Services Inc that is +16.0 % per year a year over ten years, using the same discount rate (8.1 %) and the same formula as our fair value.
How much growth has Republic Services Inc (RSG) delivered so far?
Over the past 5 years revenue at Republic Services Inc grew +10.3 % a year. The price currently implies +16.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Republic Services Inc (RSG) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Republic Services Inc (+16.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Republic Services Inc (RSG)?
The free-cash-flow yield on the price is 3.19 %: that much free cash flow Republic Services Inc produces per unit of market value. When it exceeds the discount rate of our models (8.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Republic Services Inc (RSG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Republic Services Inc it is $129.29 per share (as of Nov 6, 2026), against a price of $245.41. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Republic Services Inc stock overvalued or undervalued in 2026?
As of Nov 6, 2026, RSG trades above its calculated fair value: price $245.41, fair value $129.29, a gap of about −47% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of RSG?
No. The price is what the market pays today ($245.41); the fair value is what the company's own numbers justify ($129.29). For Republic Services Inc the two are $116.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is Republic Services Inc worth?
The market values Republic Services Inc at about $75.5B (market capitalisation, as of Nov 6, 2026). Per share that is $245.41; our models calculate a fair value of $129.29 per share.
What do the bullish and bearish scenarios say about RSG?
Our models span a range for Republic Services Inc: cautious scenario $68.07, base $129.29, optimistic $184.31 per share (as of Nov 6, 2026, price $245.41). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of RSG?
Republic Services Inc trades at a price-to-earnings ratio of 34.0 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $129.29 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, 5 of the years ex one-offs: 30.4. Other multiples: PEG 3.2, P/B 6.3, P/S 4.4, EV/EBITDA 16.4.
What is the PEG ratio of RSG?
The PEG ratio of Republic Services Inc is 3.16 (P/E divided by earnings growth, as of Nov 6, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Republic Services Inc (RSG)?
Balance-sheet figures for Republic Services Inc (as of Nov 6, 2026): return on equity 18.5%, debt of 1.09 per unit of equity. They feed the Quality Score of 65/100, which measures business quality independently of the share price.
How far is RSG from its 52-week high?
Republic Services Inc trades at $245.41, at its 52-week high of $245.97 and 25% above the low of $196.52 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $129.29 is for.
Which stocks are comparable to Republic Services Inc?
From the same area (Industrials) we also value Waste Management, Inc, Waste Connections, Inc, Veolia Environnement SA, Clean Harbors, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Republic Services Inc stock attractive at the current price?
The data as of Nov 6, 2026: price $245.41, calculated fair value $129.29 (−47%), Quality Score 65/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of RSG calculated?
We run Republic Services Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $129.29, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.6% above its aggregate fair value. Republic Services Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Republic Services Inc (RSG)?
The closing price on Nov 4, 2026 was $245.41. Our model-based fair value is $129.29, about 47% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Republic Services Inc right now?
The price sits above even our optimistic bull case ($184.31). The favourable scenario is already priced in. The model range is unusually wide ($68.07 to $184.31). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Republic Services Inc (RSG) come from?
Earnings per share at Republic Services Inc grew +14.8 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.7 %, EBIT margin +2.2 %, tax rate +3.0 %, residual (interest, one-offs) +1.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Republic Services Inc
How large is the market capitalisation of Republic Services Inc (RSG)?
The market capitalisation of Republic Services Inc is $75.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Republic Services Inc (RSG)?
The price-to-sales ratio of Republic Services Inc is 4.38 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Republic Services Inc (RSG)?
Earnings per share at Republic Services Inc are $7.22 (price ÷ EPS = P/E 34.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Republic Services Inc (RSG)?
The dividend yield of Republic Services Inc is 1.0% (payout 35.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Republic Services Inc (RSG)?
The net margin of Republic Services Inc is 12.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Republic Services Inc (RSG)?
The return on equity (ROE) of Republic Services Inc is 18.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Republic Services Inc (RSG)?
On an EBIT basis the return on assets of Republic Services Inc is 9.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Republic Services Inc (RSG)?
The operating margin of Republic Services Inc is 20.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Republic Services Inc (RSG)?
Revenue at Republic Services Inc is growing +8.2% versus a year earlier (3y avg +7.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Republic Services Inc (RSG)?
Earnings per share at Republic Services Inc are growing +9.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Republic Services Inc (RSG) carry?
The net debt of Republic Services Inc is $520M (fiscal year 2025, ≈ 0.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 6, 2026