$RSG

Teamsters Local 396 members at Republic Services ratified a new contract for 1,900 workers in Southern California. The union is still negotiating for 1,400 more workers at other companies. Republic Services reported $16.6B in revenue last year, per the company.

Clean Harbors (CLH) reported Q2 revenue of $1.74B, up 11.9% YoY, beating estimates. Perma-Fix (PESI) saw revenue decline 11.7% YoY. Republic Services (RSG) reported $4.43B in revenue, up 4.6% YoY. Onterris (ONT) reported a 20.4% YoY revenue decline. Stocks reacted accordingly to earnings reports.

Republic Services (RSG) started building a 105,000-sq-ft recycling center in Missouri, set to open in 2028. The facility will process 45 tons of recyclables hourly and create 200 construction jobs. RSG operates 80 recycling centers and diverted 6.4M tons of recyclables in 2025, according to the company.

Waste Management (WM) and Republic Services (RSG) both raised dividends in 2026, with WM offering a higher yield and larger dividend increase. WM reported Q2 pricing gains of 5.7% despite volume declines, while RSG missed EPS estimates but raised guidance. WM focuses on landfill revenue and synergies, while RSG grows through acquisitions. Both face recycling price declines.

Waste Management (WM) and Republic Services (RSG) reported differing free cash flow measures, impacting dividend and repurchase cushions. WM's first-half operating cash flow was $3.227B, with $1.280B spent on capital, leaving $1.947B. RSG's operating cash flow was $2.380B, with $868M spent, leaving $1.512B. Both companies paid dividends and repurchased shares, with WM having a smaller remaining buffer.

Republic Services expanded its compost facility in San Joaquin County, California, increasing capacity to process 147,000 tons of organic waste annually. The facility supports local agriculture and the state's climate goals. Republic operates 17 organics facilities in California, processing 884,000 tons of waste in 2025. The expansion was partly funded by a $5.1 million grant from CalRecycle.

Republic Services (RSG) reported Q2 revenue growth of 4.6%, driven by price increases. Management raised full-year guidance and increased its dividend by 7.2%. The company faces challenges in recycling and volume declines. RSG trades at a forward P/E of 29.7, above sector median. Analysts expect EPS growth of 3.6% in 2026 and 10.75% in 2027. Billionaire investors Mario Gabelli and Richard Chilton have positions in the stock.

Bernstein maintained a Hold rating on Republic Services (RSG) with a $227 price target. Barclays also issued a Hold, while Raymond James kept a Buy rating. RSG reported Q2 revenue of $4.43B and net profit of $566M, up from last year's $4.24B and $550M. Insider sentiment is positive, with Cascade Investment buying 580,810 shares last month.

Perma-Fix (PESI) reported Q2 revenue of $12.89M, down 11.7% YoY, missing EBITDA and EPS estimates; stock fell 28.7%. Waste Connections (WCN) reported $2.56B revenue, up 6.4% YoY, beating expectations; stock down 7.9%. Republic Services (RSG) reported $4.43B revenue, up 4.6% YoY, beating estimates; stock up 2.8%.

The ENR Top 200 Environmental Firms report highlights a 9% revenue increase to $95B, driven by data center growth and regulatory demands. Key firms like Burns & McDonnell and ECC saw significant gains, while M&A activity surged. State-driven environmental policies and federal projects also contributed to growth, with water/wastewater sectors showing mixed results.