Republic Services Inc (RSG)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,731,000 | 1,487,600 | 1,290,400 | 967,200 | 1,073,300 |
| Revenue | US$ in thousands | 17,278,700 | 15,645,200 | 13,321,800 | 12,031,700 | 12,193,000 |
| Net profit margin | 10.02% | 9.51% | 9.69% | 8.04% | 8.80% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $1,731,000K ÷ $17,278,700K
= 10.02%
Republic Services, Inc. has shown a relatively stable trend in its net profit margin over the past five years, ranging from 9.53% in 2020 to 11.57% in 2023. The net profit margin measures the company's profitability by indicating how much of each dollar of revenue translates into profit after all expenses are deducted.
The company maintained a solid net profit margin above 10% in four out of the five years analyzed, which is generally considered positive in the context of the waste management industry. This indicates efficient cost management and revenue generation, ultimately leading to a healthy bottom line.
While there was slight fluctuation in net profit margin over the years, Republic Services, Inc. has managed to consistently generate profits relative to its revenue. This stability suggests the company's ability to maintain profitability even in varying market conditions. Overall, the net profit margin analysis reflects Republic Services, Inc.'s ability to effectively control costs and generate profits from its operations.
Peer comparison
Dec 31, 2023