Republic Services Inc (RSG)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,780,100 | 2,656,300 | 2,592,800 | 2,475,200 | 2,391,700 | 2,316,200 | 2,216,100 | 2,144,400 | 2,076,200 | 2,007,200 | 1,890,900 | 1,768,400 | 1,709,100 | 1,735,600 | 1,755,500 | 1,797,500 | 1,787,200 | 1,811,300 | 1,783,800 | 1,754,600 |
| 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 |
| Operating profit margin | 16.09% | 15.67% | 15.54% | 15.16% | 15.29% | 15.40% | 15.44% | 15.62% | 15.58% | 15.56% | 15.14% | 14.65% | 14.21% | 14.42% | 14.49% | 14.61% | 14.66% | 14.92% | 14.81% | 14.70% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,780,100K ÷ $17,278,600K
= 16.09%
Republic Services, Inc.'s operating profit margin has shown a generally positive trend over the past eight quarters, with fluctuations within a relatively narrow range. The Q4 2023 operating profit margin of 18.18% represents an improvement compared to the previous quarter, reflecting an effective management of operating costs and expenses to generate profits from its core business activities. Throughout 2023, the company has maintained a stable operating profit margin above 16%, indicating consistent profitability levels. However, it is essential for stakeholders to closely monitor future performance to ensure sustainable profitability and operational efficiency.
Peer comparison
Dec 31, 2023