REPUBLIC SERVICES, INC. 8-K

What Happened
Republic Services, Inc. (RSG) filed an 8-K on February 17, 2026 to announce a press release with the company’s financial results for the three months and year ended December 31, 2025 and to provide full‑year 2026 financial guidance. The 8-K furnishes the press release as Exhibit 99.1 and includes forward‑looking guidance and related reconciliations.

Key Details

• Full‑year 2026 revenue guidance: $17,050 million to $17,150 million.
• Full‑year 2026 net income attributable to Republic Services: $2,200 million to $2,220 million.
• Adjusted EBITDA guidance for 2026: $5,475 million to $5,525 million. (Includes projected tax, interest, depreciation & other items as detailed in the release.)
• Diluted EPS guidance: $7.14 to $7.22; adjusted diluted EPS (ex‑restructuring) guidance: $7.20 to $7.28.
• Cash flow guidance: cash provided by operating activities $4,460 million to $4,540 million; adjusted free cash flow $2,520 million to $2,560 million.
• The press release (Exhibit 99.1) contains reconciliations of adjusted metrics (see pages 15–16) and the filing includes standard forward‑looking statement warnings and risk disclosures.

Why It Matters
The guidance gives investors concrete ranges for 2026 revenue, profitability (EPS and net income), adjusted EBITDA, and cash generation — key metrics used to value the company and assess its ability to fund dividends, buybacks, debt service, and capital spending. Adjusted measures exclude certain items (e.g., restructuring) and may differ from other companies’ metrics; reconciliations are provided in the press release. As with any forward‑looking guidance, actual results may differ due to economic, operational, regulatory, labor, or other risks disclosed by the company.