Republic Services Inc (RSG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 3,196,000 | 2,780,200 | 2,391,700 | 2,076,200 | 1,709,100 |
| Revenue | US$ in thousands | 16,032,000 | 14,964,500 | 13,511,300 | 11,295,000 | 10,153,600 |
| Operating profit margin | 19.94% | 18.58% | 17.70% | 18.38% | 16.83% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $3,196,000K ÷ $16,032,000K
= 19.94%
The operating profit margin of Republic Services Inc has shown a generally positive trend over the years, reflecting the company's ability to efficiently manage its operating expenses relative to its revenue.
As of December 31, 2020, the operating profit margin stood at 16.83%, indicating that for every dollar of revenue generated, the company retained $0.1683 as profit after covering its operating costs.
By December 31, 2021, the operating profit margin improved to 18.38%, showcasing an increase in operational efficiency and profitability. This trend continued in 2022, with a lesser but still commendable margin of 17.70%.
In 2023, the operating profit margin further increased to 18.58%, demonstrating the company's sustained focus on cost control and revenue maximization.
The most recent data as of December 31, 2024, reveals a significant improvement in the operating profit margin to 19.94%, signaling strong operational performance and financial health for Republic Services Inc.
Overall, the company's consistent improvement in the operating profit margin indicates effective management of operating expenses and a healthy balance between cost control and revenue generation.
Peer comparison
Dec 31, 2024