Republic Services Q1 2026: EPS rises to $1.70 on tax credits; buybacks surge to $292M

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 25, 2025 · ~1 min read

Key Changes

• high

  Effective tax rate fell from 25.6% to 19.9%, driven by $37M in renewable energy tax credits (Section 48) and $3M from renewable natural gas and EV infrastructure, boosting EPS to $1.70 from $1.58.

  MD&A: Tax Rate verify on EDGAR →
• high

  Share repurchases accelerated nearly 5x to $292M (1.3M shares) from $55M (0.3M shares) in Q1 2025, reducing remaining authorization from $2.47B to $1.36B.

  MD&A: Capital Allocation verify on EDGAR →
• high

  Environmental solutions revenue swung from +0.2% contribution to -1.3% drag, primarily due to lower emergency response activity, with segment EBITDA down 16.1% to $78M.

  MD&A: Environmental Solutions verify on EDGAR →