Republic services, inc. reports fourth quarter and full-year 2023 results; provides 2024 full-year financial guidance
Exceeded full-year 2023 financial guidance fourth quarter total revenue growth of 8.6 percent included approximately 2.9 percent growth from acquisitions fourth quarter earnings per share of $1.39 and adjusted earnings per share of $1.41 expanded fourth quarter net income margin 170 basis points and adjusted ebitda margin 260 basis points generated cash flow from operations of $3,618 million and adjusted free cash flow of $1,985 million in 2023 invested $1.8 billion in value-creating acquisitions and returned $900 million to shareholders in 2023 phoenix , feb. 27, 2024 /prnewswire/ -- republic services, inc. (nyse: rsg) today reported net income of $439.6 million, or $1.39 per diluted share, for the three months ended december 31, 2023, versus $346.8 million, or $1.09 per diluted share, for the comparable 2022 period. excluding certain expenses and other items, on an adjusted basis, net income for the three months ended december 31, 2023 was $446.4 million, or $1.41 per diluted share, versus $358.1 million, or $1.13 per diluted share, for the comparable 2022 period.
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