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Republic ServicesRSG +0.55%77 Earnings Yield (Joel Greenblatt) % is 3.97% as of Jun. 2026, which is 3% below its 10-year median of 4.08. GuruFocus rates RSG with a GF Score™ of 77/100 and a GF Value™ of $223.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 251 Waste Management companies, Republic Services ranks worse than 50.2% on this metric.
Republic Services's Enterprise Value for the quarter that ended in Jun. 2026 was $79,391 Mil.
Republic Services's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $3,155 Mil. Republic Services's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 3.97%.
The historical rank and industry rank for Republic Services's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
RSG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.23 Med: 4.08 Max: 6.03
Current: 3.84
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Republic Services was 6.03%. The lowest was 3.23%. And the median was 4.08%.
RSG's Earnings Yield (Joel Greenblatt) % is ranked worse than 50.2% of 251
companies
in the Waste Management industry
Industry Median: 3.84
vs RSG: 3.84
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Republic Services's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 16.62%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Republic Services Earnings Yield (Joel Greenblatt) % Related Terms
Republic Services Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Republic Services's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Waste Management subindustry, Republic Services's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Republic Services Earnings Yield (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Republic Services's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Republic Services's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Republic Servicess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Republic Services's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,155 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 3.97% mean?
Republic Services (RSG) has a Earnings Yield (Joel Greenblatt) % of 3.97% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Republic Services and its competitors. This is near median its historical median of 4.08. Over the past decade, Republic Services' Earnings Yield (Joel Greenblatt) % has ranged from 3.23 to 6.03. According to the industry distribution chart, Republic Services ranks #126 out of 251 companies in the Waste Management industry, placing it in the top 50.2%.
Is Republic Services' Earnings Yield (Joel Greenblatt) % too high?
Republic Services' current Earnings Yield (Joel Greenblatt) % of 3.97% is near median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 3.23 to a high of 6.03. The Waste Management industry median Earnings Yield (Joel Greenblatt) % is 3.84. Republic Services' value of 3.97% is 3.4% above this industry median. Based on the distribution chart, Republic Services ranks #126 out of 251 companies in the Waste Management industry, which is below the industry midpoint. Overall, Republic Services has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Republic Services' Earnings Yield (Joel Greenblatt) % compare to WCN and WM?
According to the Waste Management industry distribution chart, Republic Services ranks #126 out of 251 companies for Earnings Yield (Joel Greenblatt) %. This places Republic Services in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.84. Republic Services' value of 3.97% is 3.4% above this benchmark. Historically, Republic Services' own Earnings Yield (Joel Greenblatt) % has ranged from 3.23 to 6.03 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 3.84, Republic Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Waste Management company?
The median Earnings Yield (Joel Greenblatt) % among Waste Management companies is 3.84, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Republic Services's current Earnings Yield (Joel Greenblatt) % of 3.97% is 3.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Republic Services and its competitors. For the Waste Management industry, the median Earnings Yield (Joel Greenblatt) % is 3.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Services's current Earnings Yield (Joel Greenblatt) % is 3.97%, which is near median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Services stock overvalued right now?
Based on GuruFocus' analysis, Republic Services (RSG) is currently considered Fairly Valued. The stock's GF Value™ is $223.44, compared to a current price of $222.18 — trading 0.6% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 3.97%, which is near median its 10-year median of 4.08 and 3.4% above the Waste Management industry median of 3.84. Republic Services' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Republic Services (RSG), the current Earnings Yield (Joel Greenblatt) % is 3.97% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Republic Services (RSG) Overvalued in 2026?
Based on GuruFocus' analysis, Republic Services stock appears to be undervalued.
The current stock price of $222.18 is trading 0.6% below its estimated GF Value™ of $223.44.
GuruFocus considers Republic Services to be Fairly Valued.
Key valuation signals for RSG:
Earnings Yield (Joel Greenblatt) %: 3.97% (near median its 10-year median of 4.08)
GF Value™: $223.44 vs. price of $222.18 (0.6% below fair value)
Industry Position: 3.4% above the Waste Management median (#126 of 251)
No single metric tells the full story. See the RSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.
77GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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