Date: October 29, 2024
Source: Republic Services
Republic services said higher recycled commodity and core pricing growth contributed to third quarter revenue growth of 6.5 percent and adjusted EBITDA margin expansion of 210 basis points despite a 1.2 percent decline in total volumes. Q3 revenue reached $4.076 billion, up from $3.825 billion in the corresponding period last year. The company invested $104.4 million in acquisitions, with an additional $200 million in transactions expected to close by year-end. The company also returned $834.3 million to shareholders through dividends and share repurchases.
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