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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our senior management evaluates, oversees and manages the financial performance of our operations through three field groups, referred to as Group 1, Group 2 and Group 3. Group 1 is our recycling and waste business operating primarily in geographic areas located in the western United States. Group 2 is our recycling and waste business operating primarily in geographic areas located in the southeastern and mid-western United States, the eastern seaboard of the United States, and Canada. Group 3 is our environmental solutions business operating in geographic areas located across the United States and Canada. These groups are presented below as our reportable segments, which each provide integrated environmental services, including but not limited to collection, transfer, recycling, and disposal.
Our chief operating decision maker (CODM) is Jon Vander Ark, President and Chief Executive Officer of Republic Services, Inc. Adjusted EBITDA is the single financial measure our CODM uses to evaluate segment profitability and returns, which informs resource allocation. For all segments, the CODM uses adjusted EBITDA to evaluate income generated from segment assets (return on invested capital). The CODM considers budget-to-actual variances and year-over-year growth on a monthly basis to assess the performance of each segment. Cost of operations and selling, general and administrative are significant segment expenses used in the evaluation.
Summarized financial information concerning our reportable segments for the three months ended September 30, 2025 and 2024 follows:
Group 1Group 2
Recycling & Waste Subtotal (1)
Group 3
(Environmental Solutions)		Corporate entities and otherTotal
Three Months Ended September 30, 2025
Gross revenue$2,191 $2,108 $4,299 $440 $88 $4,827 
Intercompany revenue(320)(274)(594)(13)(8)(615)
Revenue allocations39 35 74 6 (80)— 
Net revenue1,910 1,869 3,779 433 — 4,212 
Cost of operations1,077 1,110 2,187 276 — 2,463 
Selling, general and administrative184 169 353 69 — 422 
Other segment items(11)(45)(56)— — (56)
Adjusted EBITDA$660 $635 $1,295 $88 $— $1,383 
Capital expenditures$171 $171 $342 $45 $57 $444 
Total assets$14,207 $11,495 $25,702 $5,140 $2,947 $33,789 
Three Months Ended September 30, 2024
Gross revenue$2,071 $2,056 $4,127 $467 $86 $4,680 
Intercompany revenue(304)(274)(578)(12)(14)(604)
Revenue allocations31 31 62 10 (72)— 
Net revenue1,798 1,813 3,611 465 — 4,076 
Cost of operations1,028 1,057 2,085 282 — 2,367 
Selling, general and administrative173 167 340 66 — 406 
Adjusted EBITDA$597 $589 $1,186 $117 $— $1,303 
Capital expenditures$244 $161 $405 $33 $16 $454 
Total assets$13,515 $11,240 $24,755 $4,470 $2,589 $31,814 
(1) The Recycling & Waste Subtotal represents the combined results of our Group 1 and Group 2 reportable segments.
Summarized financial information concerning our reportable segments for the nine months ended September 30, 2025 and 2024 follows:
Group 1Group 2
Recycling & Waste Subtotal (1)
Group 3
(Environmental Solutions)		Corporate entities and otherTotal
Nine Months Ended September 30, 2025
Gross revenue$6,439 $6,228 $12,667 $1,360 $273 $14,300 
Intercompany revenue(953)(810)(1,763)(38)(43)(1,844)
Revenue allocations107 101 208 22 (230)— 
Net revenue5,593 5,519 11,112 1,344 — 12,456 
Cost of operations3,169 3,209 6,378 848 — 7,226 
Selling, general and administrative553 512 1,065 209 — 1,274 
Other segment items(11)(45)(56)— — (56)
Adjusted EBITDA$1,882 $1,843 $3,725 $287 $— $4,012 
Capital expenditures$554 $444 $998 $118 $194 $1,310 
Total assets$14,207 $11,495 $25,702 $5,140 $2,947 $33,789 
Nine Months Ended September 30, 2024
Gross revenue$6,083 $6,068 $12,151 $1,375 $258 $13,784 
Intercompany revenue(907)(805)(1,712)(36)(50)(1,798)
Revenue allocations94 92 186 22 (208)— 
Net revenue5,270 5,355 10,625 1,361 — 11,986 
Cost of operations3,037 3,153 6,190 843 — 7,033 
Selling, general and administrative523 502 1,025 202 — 1,227 
Adjusted EBITDA$1,710 $1,700 $3,410 $316 $— $3,726 
Capital expenditures$554 $426 $980 $92 $285 $1,357 
Total assets$13,515 $11,240 $24,755 $4,470 $2,589 $31,814 
(1) The Recycling & Waste Subtotal represents the combined results of our Group 1 and Group 2 reportable segments.
Corporate entities and other includes marketing, operations support, business development, legal, tax, treasury, information technology, risk management, human resources and other administrative functions. National Accounts revenue included in Corporate entities and other represents the portion of revenue generated from nationwide and regional contracts in markets outside our operating areas where the associated material handling is subcontracted to local operators. Revenue and overhead costs of Corporate entities and other are either specifically assigned or allocated on a rational and consistent basis among our reportable segments to calculate Adjusted EBITDA.
Intercompany revenue reflects transactions within and between segments that generally are made on a basis intended to reflect the market value of such services. Capital expenditures for Corporate entities and other for the three and nine months ended September 30, 2025 largely included investments in our digital platforms and our third polymer center. Capital expenditures for Corporate entities and other for the three and nine months ended September 30, 2024 primarily included vehicle inventory acquired but not yet assigned to operating locations and facilities.
As presented in the table below, Adjusted EBITDA reflects certain adjustments for losses from unconsolidated equity method investments, loss on extinguishment of debt and other related costs, restructuring charges, loss (gain) on business divestitures and impairments, net, and labor disruption. This presentation is consistent with how our CODM reviews our results of operations to make resource allocation decisions.
Other segment items consist of the impact from labor disruptions that we experienced in certain isolated markets during the three and nine months ended September 30, 2025.
A reconciliation of the Company's single measure of segment profitability (segment Adjusted EBITDA) to Income before income tax provision in the Consolidated Statements of Net Income is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Group 1 Adjusted EBITDA$660 $597 $1,882 $1,710 
Group 2 Adjusted EBITDA635 589 1,843 1,700 
Group 3 Adjusted EBITDA88 117 287 316 
 Total Adjusted EBITDA1,383 1,303 4,012 3,726 
Other income, net(7)(10)(22)(23)
Interest income(2)(4)(6)(7)
Interest expense143 138 428 406 
Depreciation, depletion and amortization459 422 1,3561,234 
Accretion29 26 85 80 
Loss from unconsolidated equity method investment57 73 72 116 
Loss on extinguishment of debt and other related costs— 2 — 2 
Restructuring charges3 8 13 20 
Loss (gain) on business divestitures and impairments, net— 1 — (1)
Labor disruption56 — 56 — 
 Income before income taxes$645 $647 $2,030 $1,899