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

Company name
Symbol
Operating profit margin
Republic Services Inc
RSG
16.09%
Waste Management Inc
WM
18.01%