Republic Services, Inc. (RSG), the environmental-services company, reported third-quarter revenue growth of 8.2% for the three months ended September 30, 2026, faster than 4.6% in the second quarter and 2.6% in the first.

Net income was $592 million, or $1.93 a share, versus $550 million, or $1.76 a share, a year earlier. Adjusted earnings were $1.94 a share. The company said total revenue growth included 4.8% organic growth from recycling and waste, 2.1% growth from environmental solutions, and 1.3% from acquisitions.

Organic recycling-and-waste growth had been 3.7% in the second quarter and 2.8% in the first. Environmental solutions had declined 0.2% in the second quarter after a 1.3% organic decline in the first. President and chief executive Jon Vander Ark said positive growth trends across the business and improved performance in Environmental Solutions reinforced confidence in the opportunities ahead.

Core price on total revenue increased revenue by 5.3%, matching the second quarter after 5.7% in the first. Average yield on total revenue contributed 2.9%, and volume decreased revenue by 0.6%. Core price on related-business revenue increased revenue by 6.3%, consisting of 7.6% in the open market and 4.1% in the restricted portion.

Adjusted EBITDA was $1.45 billion, or 31.8% of revenue. Recycling and waste generated $4.03 billion of revenue and $1.32 billion of adjusted EBITDA, a 32.6% margin. Environmental solutions revenue was $529 million, with adjusted EBITDA of $134 million and a 25.4% margin. The average recycled commodity price per ton sold at recycling centers was $142, up $16 a ton from the year-earlier quarter.

Collection revenue was $3.04 billion, including $1.38 billion from small-container and $859 million from large-container. Net landfill revenue was $516 million. Cost of operations was $2.66 billion, or 58.4% of revenue. Fuel was $180 million, or 4.0% of revenue.

For the nine months ended September 30, 2026, cash from operations was $3.52 billion and adjusted free cash flow was $2.28 billion. Cash invested in acquisitions year-to-date was $1.12 billion. Cash returned to shareholders was $1.43 billion, including $848 million of share repurchases and $577 million of dividends.

The company increased full-year 2026 revenue guidance to a range of $17.425 billion to $17.475 billion, adjusted EBITDA to $5.550 billion to $5.575 billion, and adjusted free cash flow to $2.565 billion to $2.585 billion. Guidance is based on current economic conditions and does not assume significant changes in the overall economy for the remainder of 2026.

On October 28, 2026, the board approved a $5 billion share-repurchase authorization effective January 1, 2027, through December 31, 2029. Remaining capacity under the prior authorization was $0.8 billion as of September 30, 2026. The board also declared a quarterly dividend of $0.670 a share, payable January 15, 2027.