Waste core price measures the effect of price increases and fees charged to environmental-services customers, net of price decreases used to retain business, under the reporting company's definition.
It is a pricing-action measure. It is not the same as realized revenue growth from price.
Core price isolates the pricing decision
Republic Services defines core price as price increases to customers and fees, excluding fuel recovery fees, net of price decreases used to retain customers.
In the second quarter of 2026, Republic reported core price of 6.4% on related-business revenue.
WM also uses core price when discussing pricing in its collection and disposal business.
The metric helps investors answer a basic question: how aggressively is the company changing customer rates?
Core price is not average yield
A company can raise rates by 6% without realizing 6% revenue growth per unit of service.
Customer churn, service mix, new and lost business, retention discounts, and other pricing effects can change the realized result.
That is why Waste Average Yield is a separate measure.
For example, Republic reported 6.4% core price and 4.0% average yield on related-business revenue in the second quarter of 2026.
The gap does not mean the pricing action failed. It means the two measures capture different parts of the pricing process.
Restricted and open-market business can behave differently
Republic also separates pricing between open-market and restricted business.
Open-market customers generally provide more direct pricing flexibility. Restricted business can include contracts, municipal arrangements, or other structures with different pricing mechanics.
A company with the same consolidated core-price percentage can therefore have a different underlying pricing mix.
Core price should be read beside volume
Aggressive pricing can improve unit economics while contributing to customer losses or intentional shedding of low-margin work.
That trade-off is visible only when core price is paired with Waste Collection and Disposal Volume.
Investors should also compare the pricing action with cost inflation rather than assuming a positive core-price number guarantees margin expansion.
Primary-source examples
Waste core price is most useful as a measure of the pricing action taken by the business, not as a substitute for realized yield, volume, or margin.
Part of the Waste & Environmental Services Operating Model
See It in Company Research
These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.
Continue Research
Continue from the concept into the Grizzly Bulls research surface that best matches the next question. These links are research continuations, not recommendations or required steps.
Compare environmental-services companies
Continue into stock comparison for pricing actions, realized yield, customer retention, volume, margins, and valuation context.
Explore more topics in the Financial Research Encyclopedia.