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Republic Services — Feb 13, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001060391-25-000081
Open on SEC.gov ↗
Showing in the filing
Acquisitions
“approximately $1 billion”
Period
FY2025
Measure
Company-defined measure
Source
Prose
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 : Republic expects adjusted free cash flow to be in the range of $2.320 billion to $2.360 billion. The Company expects to receive between $1.860 billion to $1.900 billion of property and equipment, net of proceeds from the sale of property and equipment. • Acquisitions: Republic expects to invest approximately $1 billion in acquisitions in 2025. “We expect to deliver another strong year of profitable growth in 2025,” said Mr. Vander Ark. “Our outlook is supported by pricing in excess of cost inflation, continued contribution from acquisitions, productivity enhancements from our digital tools and investments in sustainability innovation to drive long-term value creation.” Company Declared Quarterly Dividend Republic previously announced that its Board of Directors declared a regular quarterly dividend of $0.58 per share for shareholders of record on April 2, 2025. The dividend will be paid on April 15, 2025. Presentation of Certain Performance Metrics and Non-GAAP Measures Adjusted diluted earnings per share, adjusted net income - Republic, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted EBITDA by business type, adjusted EBITDA margin by business type and adjusted free cash flow are described in the Performance Metrics and Reconciliations of Certain Non-GAAP Measures section of this document. 4 About Republic Services Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products a
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.