Republic Services Inc (RSG)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 32,402,000 | 31,410,100 | 29,050,900 | 24,955,000 | 23,434,000 |
| Operating ROA | 9.86% | 8.85% | 8.23% | 8.32% | 7.29% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $3,196,000K ÷ $32,402,000K
= 9.86%
Based on the data provided, Republic Services Inc's operating return on assets (Operating ROA) has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. The operating ROA increased steadily from 7.29% in 2020 to 9.86% in 2024. This improvement indicates that the company has been able to generate more operating income relative to its total assets each year. A rising operating ROA is generally a positive sign as it shows efficiency in the utilization of assets to generate operating profits. The company's ability to consistently improve its operating ROA suggests effective management of its assets and operations, potentially leading to higher profitability and shareholder value over time.
Peer comparison
Dec 31, 2024