Republic Services Inc (RSG)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 16,031,900 | 15,817,500 | 15,567,200 | 15,245,100 | 14,964,500 | 14,662,600 | 14,434,500 | 14,122,300 | 13,510,000 | 12,933,200 | 12,269,300 | 11,668,400 | 11,296,000 | 10,916,400 | 10,554,600 | 10,196,200 | 10,153,700 | 10,157,100 | 10,231,900 | 10,382,800 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 10,939,400 | 10,561,700 | 10,658,600 | 10,743,200 | 10,439,600 | 10,695,300 | 9,439,200 | 9,232,100 | 8,938,900 | 8,816,300 | 8,679,200 | 8,726,200 | 8,527,500 | 8,499,100 | 8,442,000 |
| Fixed asset turnover | — | — | — | — | — | 1.34 | 1.37 | 1.32 | 1.26 | 1.24 | 1.15 | 1.24 | 1.22 | 1.22 | 1.20 | 1.17 | 1.16 | 1.19 | 1.20 | 1.23 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $16,031,900K ÷ $—K
= —
Fixed asset turnover is a financial ratio that measures a company's ability to generate revenue from its investment in fixed assets. In the case of Republic Services Inc, the fixed asset turnover has fluctuated over the past few years.
From March 31, 2020, to June 30, 2022, the fixed asset turnover ratio ranged between 1.15 and 1.26. This indicates that for each dollar invested in fixed assets, Republic Services Inc generated between $1.15 and $1.26 in revenue.
The trend shows some variation in the fixed asset turnover ratio, with increases and decreases occurring at different points in time. For example, there was a notable increase from March 31, 2023 (1.32) to June 30, 2023 (1.37), suggesting improved efficiency in utilizing fixed assets to generate revenue during that period.
However, the ratio was not provided for the latter part of 2023 and throughout 2024, making it challenging to assess the company's recent performance in terms of fixed asset turnover. Further data would be needed to evaluate if the trend continues or if there are any significant changes in the company's ability to generate revenue from its fixed assets.
Peer comparison
Dec 31, 2024