HighGravityDataRepublic Services — Feb 13, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001060391-25-000081
Showing in the filing
Cash provided by operating activities
“$4,170 - 4,250”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 21
Revenue for FY2025
“$16.850 billion to $16.950 billion”
Growth from average yield on total revenue for FY2025
“approximately 4 percent”
Average yield on related revenue for FY2025
“approximately 5 percent”
Impact from volume on total revenue for FY2025
“in the range of (0.25) percent to 0.25 percent”
Adjusted EBITDA for FY2025
“$5.275 billion to $5.325 billion”
Adjusted diluted earnings per share for FY2025
“$6.82 to $6.90”
Adjusted free cash flow for FY2025
“$2.320 billion to $2.360 billion”
Property and equipment, net of proceeds from… for FY2025
“between $1.860 billion to $1.900 billion”
Acquisitions for FY2025
“approximately $1 billion”
Regular quarterly dividend for Q2 FY2025
“$0.58 per share”
Quarterly dividend
“$0.58 per share”
Net income attributable to Republic Services… for FY2025
“$2,110 - 2,140”
Provision for income taxes for FY2025
“525 - 535”
Interest expense, net for FY2025
“565”
Depreciation, depletion, amortization and ac… for FY2025
“1,890 - 1,900”
Loss from unconsolidated equity method inves… for FY2025
“170”
Diluted earnings per share for FY2025
“$6.79 - 6.87”
Restructuring charges for FY2025
“0.03”
Cash provided by operating activities for FY2025
“$4,170 - 4,250”
Property and equipment received for FY2025
“(1,870) - (1,910)”
Proceeds from sales of property and equipment for FY2025
“10”
Exhibit 99.1 · the passage around this item
… earlier in the release
Adjusted Free Cash Flow Our anticipated adjusted free cash flow for the year ending December 31, 2025, which is not a measure determined in accordance with U.S. GAAP, is calculated as follows: (Anticipated) Year Ending December 31, 2025 Cash provided by operating activities $ 4,170 - 4,250 Property and equipment received (1,870) - (1,910) Proceeds from sales of property and equipment 10 Restructuring payments, net of tax 10 Adjusted free cash flow $ 2,320 - 2,360 We believe that presenting adjusted free cash flow provides useful information regarding our recurring cash provided by operating activities after certain expenditures or recoveries. It also demonstrates our ability to execute our financial strategy and is a key metric we use to determine compensation. The presentation of adjusted free cash flow has material limitations. Adjusted free cash flow does not represent our cash flow available for discretionary payments because it excludes certain payments that are required or to which we have committed, such as debt service requirements and dividend payments. Our definition of adjusted free cash flow may not be comparable to similarly titled measures presented by other companies. Our financial guidance is based on current economic conditions. INFORMATION REGARDING FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking information about us that is intended to be covered by the safe harbor for “forward-looking statements” provided by the
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.