Industrials
Waste Management
$63.71B
41K
Key insights and themes extracted from this filing
Revenue increased by 6.5% year-over-year to $4,076.2 million, driven by a 4.4% increase in price and 2.3% from acquisitions, partially offset by a 1.2% decrease in volume. This indicates a strong pricing strategy and successful integration of acquired businesses.
Operating income increased by 16.2% year-over-year to $845.9 million, primarily due to the increase in revenue, partially offset by an increase in operating expenses. This indicates strong operational leverage.
Net income attributable to Republic Services, Inc. increased by 17.8% year-over-year to $565.7 million, or $1.80 per diluted share, due to the increase in operating income, partially offset by an increase in the provision for income taxes. This indicates strong profitability and effective management of expenses.