Republic Services Inc (RSG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,043,000 | 1,731,000 | 1,487,600 | 1,290,400 | 967,200 |
| Revenue | US$ in thousands | 16,032,000 | 14,964,500 | 13,511,300 | 11,295,000 | 10,153,600 |
| Net profit margin | 12.74% | 11.57% | 11.01% | 11.42% | 9.53% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,043,000K ÷ $16,032,000K
= 12.74%
Based on the provided data, Republic Services Inc has shown a consistent improvement in its net profit margin over the years. As of December 31, 2020, the net profit margin stood at 9.53%, which increased to 11.42% by December 31, 2021. The trend continued with further enhancements, reaching 11.01% by December 31, 2022, 11.57% by December 31, 2023, and finally peaking at 12.74% by December 31, 2024. This demonstrates the company's ability to effectively manage its costs and generate more profits from its revenue over time, indicating improved operational efficiency and potentially favorable financial performance.
Peer comparison
Dec 31, 2024