Republic Services Inc (RSG)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,731,050 | 1,638,219 | 1,574,974 | 1,519,474 | 1,487,574 | 1,453,929 | 1,387,305 | 1,346,470 | 1,290,370 | 1,212,765 | 1,122,465 | 1,016,900 | 967,300 | 1,021,100 | 1,059,400 | 1,085,400 | 1,073,300 | 1,085,000 | 1,050,100 | 1,033,500 |
| Revenue (ttm) | US$ in thousands | 17,278,600 | 16,950,800 | 16,689,900 | 16,324,100 | 15,643,000 | 15,044,700 | 14,352,700 | 13,730,800 | 13,321,800 | 12,896,000 | 12,488,000 | 12,067,100 | 12,031,500 | 12,033,800 | 12,116,200 | 12,304,300 | 12,193,100 | 12,139,500 | 12,041,100 | 11,939,300 |
| Net profit margin | 10.02% | 9.66% | 9.44% | 9.31% | 9.51% | 9.66% | 9.67% | 9.81% | 9.69% | 9.40% | 8.99% | 8.43% | 8.04% | 8.49% | 8.74% | 8.82% | 8.80% | 8.94% | 8.72% | 8.66% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,731,050K ÷ $17,278,600K
= 10.02%
Republic Services, Inc. has shown relatively stable net profit margins over the past eight quarters. The net profit margin has been fluctuating within a narrow range between 10.76% and 11.57%. The company's ability to generate profits relative to its revenue has remained consistent, with the margins hovering around the 11% mark. While there have been minor fluctuations from quarter to quarter, there is no clear trend indicating a significant improvement or deterioration in the company's profitability. It suggests that Republic Services, Inc. has been able to effectively manage its costs and expenses to maintain a healthy level of profitability over the observed period.
Peer comparison
Dec 31, 2023