
Republic Services, Inc.
Second-largest US waste and recycling company, serving millions of customers through collection, recycling, landfill, and environmental solutions operations.
Company Type
public
Founded
1996
Headquarters
Phoenix, Arizona, USA
Stock
NYSE: RSG
Revenue
$16.6 billion (FY2025)
Employees
Approximately 42,000
Primary Market
United States
Republic Services, Inc. Timeline
About Republic Services, Inc.
What does Republic Services own?
The company owns hundreds of collection operations, approximately 200 active landfills, more than 240 transfer stations, around 70 recycling facilities, a growing network of polymer centers, and the US Ecology hazardous waste business acquired in 2022.
Is Republic Services publicly traded?
Yes. It trades on the New York Stock Exchange under ticker RSG and is a component of the S&P 500. It has been public since its 1999 separation from what became AutoNation.
Who founded Republic Services?
The company emerged from the 1990s waste industry consolidation assembled by H. Wayne Huizenga's Republic Industries, including the 1998 acquisition of Browning-Ferris Industries. It became an independent company in 1999.
Where is Republic Services headquartered?
The company is headquartered in Phoenix, Arizona, after relocating from Florida in the 2000s. Its operations span the United States and parts of Canada.
How many brands does Republic Services own?
Republic operates primarily under its single national brand, plus the US Ecology environmental solutions identity and its polymer center business. Acquired haulers are typically rebranded under the national name.
Who owns Republic Services?
Public shareholders own the company through the NYSE listing, with institutional investors holding most shares. No controlling shareholder or founder family interest exists.
Is Republic Services bigger than Waste Management?
No. Waste Management is the largest US waste company; Republic is second at roughly two-thirds its revenue. Together they handle about a third of America's municipal solid waste.
History of Republic Services, Inc.
The company descends from the great US waste consolidation of the 1990s. Serial acquirer H. Wayne Huizenga, who built Waste Management Inc. into a national power before leaving it, folded hundreds of independent haulers into Republic Industries, the same vehicle that housed his AutoNation car retail business. Republic Waste Industries had merged into that structure in 1995, and in 1998 Republic Industries acquired Browning-Ferris Industries, BFI, one of the industry's largest names, for roughly $4.7 billion.
In 1999 the car business and the garbage business divorced. Republic Industries renamed itself AutoNation and distributed the waste operations to shareholders as a separate company: Republic Services, Inc. The newly independent firm ran BFI's collection routes and landfills alongside the haulers Huizenga had rolled up.
The two decades that followed were a discipline story. While larger rival Waste Management chased scale, Republic concentrated on pricing discipline, route density, and shareholder returns, becoming a consistent mid-single-digit grower with expanding margins. Headquarters moved to Phoenix, Arizona in the 2000s. Jon Vander Ark, who joined as chief operating officer, became president and CEO in June 2021, succeeding Don Slager.
Under Vander Ark the company pivoted toward environmental services and circularity. In February 2022 it acquired US Ecology for approximately $2.2 billion, adding hazardous waste treatment, disposal, and emergency response capabilities and creating the environmental solutions segment. It then built a plastics recycling business around polymer centers in Las Vegas and Indianapolis that convert recovered plastic into flake and pellets for packaging makers, generating $45 million in revenue in 2025. Construction on a third center in Allentown, Pennsylvania began in 2026.
Fiscal 2025 results showed the model holding up under softer volumes: revenue rose 3.5 percent to $16.6 billion on pricing strength, net income reached $2.14 billion, and customer retention held at 94 percent. Through the first three quarters of 2026 growth accelerated, with third quarter revenue up 8.2 percent to $4.56 billion and management raising full-year guidance toward $17.1 billion.
Republic Services, Inc. Sustainability & Ethics
Sustainability sits unusually close to the revenue line for a waste company. Republic's polymer centers directly monetize circularity, and its landfill gas capture and renewable natural gas joint ventures turn emissions liability into saleable fuel.
The company has set science-aligned targets covering fleet electrification, with a growing fleet of compressed natural gas and electric collection trucks, and renewable natural gas production from landfill methane. It publishes annual sustainability reports with audited emissions data.
On the ethics ledger, the structural reality is that Republic operates landfills, which makes it a perennial target for environmental justice complaints about siting and odors in host communities. It manages these through community host agreements and mitigation programs rather than third-party certification. The company is not a B Corp and holds no independent ethical certifications; its sustainability claims are self-reported, though emissions figures receive external assurance.
Controversy, Regulation & Public Scrutiny
PFAS and landfill regulation: Like all major landfill operators, Republic faces tightening regulation on PFAS, the so-called forever chemicals that concentrate in landfill leachate. Regulatory action is industry-wide and ongoing, with the company working through compliance frameworks rather than facing singular enforcement.
Environmental justice complaints: Communities near several Republic landfills have raised odor, emissions, and siting complaints over the years, including long-running disputes at sites in Missouri and Nevada. Outcomes have typically involved additional monitoring and settlement agreements rather than facility closures.
Antitrust conditions: The 2022 US Ecology acquisition closed after regulatory review, and earlier consolidation deals periodically required asset divestitures in overlapping local markets, a standard feature of waste industry M&A.
Safety record: Waste collection consistently ranks among the most dangerous US occupations. Republic runs internal safety programs and reports declining incident rates, but worker fatalities in collection and landfill operations remain an industry problem the company publicly tracks.
Brands Owned by Republic Services, Inc.
Republic Services, Inc. owns 1 brand in our database. Explore the ownership tree below โ click categories to expand and see individual brands.
Republic Services, Inc.
public ยท Founded 1996 ยท Phoenix, Arizona, USA
1
brands
Stock Information
Republic Services, Inc. Ownership: Pros & Cons
Advantages
- +Recurring contracted revenue and 94 percent customer retention make earnings highly predictable
- +Vertical integration from collection through landfill captures margin at every step
- +Route density creates local duopoly economics with pricing power
- +Environmental solutions and polymer centers add growth beyond traditional waste
- +Investment-grade balance sheet funds decades of consecutive dividend increases
Considerations
- -Volume declines during economic slowdowns pressure revenue, as 2025 showed
- -Landfill dependence creates long-tail environmental and PFAS liability exposure
- -Collection labor is dangerous and tight labor markets push wage inflation
- -Premium valuation leaves the stock sensitive to guidance misses
- -Capital intensity of trucks, landfills, and polymer centers requires continuous heavy investment
Frequently Asked Questions About Republic Services, Inc.
What does Republic Services own?
The company owns hundreds of collection operations, approximately 200 active landfills, more than 240 transfer stations, around 70 recycling facilities, a growing network of polymer centers, and the US Ecology hazardous waste business acquired in 2022.
Is Republic Services publicly traded?
Yes. It trades on the New York Stock Exchange under ticker RSG and is a component of the S&P 500. It has been public since its 1999 separation from what became AutoNation.
Who founded Republic Services?
The company emerged from the 1990s waste industry consolidation assembled by H. Wayne Huizenga's Republic Industries, including the 1998 acquisition of Browning-Ferris Industries. It became an independent company in 1999.
Where is Republic Services headquartered?
The company is headquartered in Phoenix, Arizona, after relocating from Florida in the 2000s. Its operations span the United States and parts of Canada.
How many brands does Republic Services own?
Republic operates primarily under its single national brand, plus the US Ecology environmental solutions identity and its polymer center business. Acquired haulers are typically rebranded under the national name.
Who owns Republic Services?
Public shareholders own the company through the NYSE listing, with institutional investors holding most shares. No controlling shareholder or founder family interest exists.
Is Republic Services bigger than Waste Management?
No. Waste Management is the largest US waste company; Republic is second at roughly two-thirds its revenue. Together they handle about a third of America's municipal solid waste.








