Republic Services Inc (RSG)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 16,032,000 14,964,500 13,511,300 11,295,000 10,153,600
Property, plant and equipment US$ in thousands 10,743,200 9,232,100 8,726,200
Fixed asset turnover 1.26 1.22 1.16

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $16,032,000K ÷ $—K
= —

Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investment in fixed assets. For Republic Services Inc, the fixed asset turnover has shown a positive trend over the past few years.

In 2020, the fixed asset turnover was 1.16, indicating that Republic Services generated $1.16 in revenue for every dollar invested in fixed assets. This ratio increased to 1.22 in 2021, suggesting an improvement in the efficiency of utilizing fixed assets to generate revenue.

By the end of 2022, the fixed asset turnover further improved to 1.26, reflecting a continuous upward trend in the company's ability to generate revenue from its fixed asset base. However, data for 2023 and 2024 is not available in the provided information.

Overall, the increasing trend in fixed asset turnover for Republic Services Inc indicates that the company is becoming more efficient in utilizing its fixed assets to generate revenue. This improvement suggests better asset management and operational efficiency within the organization.


Peer comparison

Dec 31, 2024

Company name
Symbol
Fixed asset turnover
Republic Services Inc
RSG
Waste Management Inc
WM
0.52