RSG
Republic Services Inc
NYSE: RSG · INDUSTRIALS · WASTE MANAGEMENT
$197.73
+1.02% today
Updated 2026-06-05
Market cap
$62.05B
P/E ratio
28.89
P/S ratio
3.72x
EPS (TTM)
$6.98
Dividend yield
1.22%
52W range
$196 – $253
Volume
1.8M
Republic Services Inc (RSG) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed RSG price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$197.73
Today
Analyst consensus
$248.72
+25.79% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
19 analysts:
10 Buy9 Hold0 Sell
Management guidance
Republic Services provided FY2026 EPS guidance of $7.20-$7.28 (midpoint $7.24), implying ~$17.3B revenue based on current analyst consensus. Management has not provided explicit multi-year revenue targets through 2030, but the company maintains a disciplined M&A strategy focused on bolt-on acquisitions and pricing power in waste management.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
RSG · Republic Services Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
RSG financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $16.6B | $17.3B | $18.2B | $19.0B | $19.8B | $20.6B |
| Revenue growth | 3.5% | 4.3% | 5.0% | 4.8% | 4.3% | 3.9% |
| Net margin | — | — | — | — | — | — |
| EPS | $7.01 | $7.24 | $8.11 | $8.67 | $9.08 | $9.45 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $669.57 | $714.21 | $736.53 | $781.17 | $803.48 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $20.6B | $20.6B | $20.6B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because RSG is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
RSG catalysts and risks
Growth catalysts
+ Pricing increases across residential and commercial waste collection (historical 3-5% annual pricing power)
+ M&A consolidation opportunities in fragmented waste market; $3.3B spent by major players in 2025
+ Renewable natural gas projects and sustainability investments (landfill gas-to-energy monetization)
+ Volume recovery in e-commerce and commercial waste streams post-labor normalization
Key risks
- Volume softness: recycling commodity price pressures and economic slowdown reducing waste generation
- Labor cost inflation: recent labor disruptions indicate wage pressure sustainability
- Interest rate sensitivity: high leverage (Debt/Eq 1.15) exposes to rising refinancing costs
- Regulatory risk: PFAS disposal standards and environmental compliance capital requirements increasing
Methodology · Republic Services Inc 2030 stock forecast model
Republic Services Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for RSG by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
RSG price target FAQ
How is the Republic Services Inc 2030 stock forecast calculated?
The RSG 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on RSG stock?
19 analysts cover RSG with an average 12-month price target of $248.72. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.