Republic Services Inc (RSG)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,793,500 | 5,205,600 | 5,486,600 | 5,762,400 | 5,595,500 | 5,803,100 | 5,666,900 | 5,514,700 | 5,309,600 | 5,104,200 | 4,888,700 | 4,701,500 | 4,557,100 | 4,440,200 | 4,287,000 | 4,111,200 | 4,052,900 | 4,059,500 | 4,038,300 | 4,040,300 |
| 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 |
| Gross profit margin | 36.14% | 32.91% | 35.24% | 37.80% | 37.39% | 39.58% | 39.26% | 39.05% | 39.30% | 39.47% | 39.84% | 40.29% | 40.34% | 40.67% | 40.62% | 40.32% | 39.92% | 39.97% | 39.47% | 38.91% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,793,500K ÷ $16,031,900K
= 36.14%
The gross profit margin of Republic Services Inc has shown fluctuations over the time period from March 31, 2020, to December 31, 2024.
The company's gross profit margin started at 38.91% in March 31, 2020, and gradually increased to a peak of 40.67% by September 30, 2021. This upward trend indicates an improvement in the company's ability to generate profits from its core business activities.
However, starting from December 31, 2021, the gross profit margin began to decline, reaching 35.24% by June 30, 2024. This downward trend suggests potential challenges in managing production costs or pricing strategies that could affect the company's profitability.
It is important for Republic Services Inc to closely monitor its gross profit margin, as it is a key measure of operational efficiency and profitability. Analyzing the factors influencing these fluctuations will be crucial for the company to sustain and improve its financial performance in the future.
Peer comparison
Dec 31, 2024