WallStSmart
RSG

Republic Services Inc

NYSE: RSG · INDUSTRIALS · WASTE MANAGEMENT

$209.22
+0.44% today

Updated 2026-04-30

Market cap
$64.64B
P/E ratio
30.59
P/S ratio
3.90x
EPS (TTM)
$6.84
Dividend yield
1.16%
52W range
$200 – $256
Volume
1.4M

Republic Services Inc (RSG) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$209.22
Consensus
$248.72
+18.88%
2030 Target
$803.48
+284.04%
DCF
19 analysts:
10 Buy9 Hold1 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

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,339.14
$20.6B Rev × 20x P/S
Base case (2030)
$803.48
$20.6B Rev × 12x P/S
Bear case (2030)
$535.66
$20.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$15.0B$16.0B$16.6B$17.3B$18.2B$19.0B$19.8B$20.6B
Revenue growth7.1%3.5%4.3%5.0%4.8%4.3%3.9%
EPS$5.60$6.45$7.01$7.24$8.11$8.67$9.08$9.45
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$669.57$714.21$736.53$781.17$803.48

Catalysts & 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's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 19 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.