
Daniel Jones reaffirms a 'buy' rating on Republic Services due to its industry leadership, stable financials, and resilience in downturns. The company is attractively valued with lower net leverage and improving profit margins. Management projects 2026 revenue between $17.05 and $17.15 billion and adjusted EPS of $7.20 to $7.28, indicating continued growth. Strong capital allocation through share buybacks, dividends, and disciplined acquisitions supports shareholder value and financial strength.