Republic Services Inc (RSG)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 3,199,800 | 3,110,900 | 2,992,800 | 2,881,900 | 2,793,200 | 2,656,300 | 2,592,800 | 2,475,200 | 2,391,700 | 2,316,100 | 2,216,000 | 2,144,300 | 2,076,100 | 2,007,200 | 1,890,900 | 1,768,200 | 1,708,800 | 1,735,300 | 1,755,200 | 1,797,400 |
| Total assets | US$ in thousands | 32,402,000 | 31,814,200 | 31,934,100 | 31,381,700 | 31,410,100 | 30,042,800 | 29,823,300 | 29,081,400 | 29,050,900 | 28,401,000 | 28,212,900 | 24,880,100 | 24,955,000 | 24,428,900 | 23,922,100 | 23,252,600 | 23,434,000 | 23,110,100 | 22,826,300 | 22,908,900 |
| Operating ROA | 9.88% | 9.78% | 9.37% | 9.18% | 8.89% | 8.84% | 8.69% | 8.51% | 8.23% | 8.15% | 7.85% | 8.62% | 8.32% | 8.22% | 7.90% | 7.60% | 7.29% | 7.51% | 7.69% | 7.85% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $3,199,800K ÷ $32,402,000K
= 9.88%
Operating Return on Assets (operating ROA) is a key financial ratio that indicates a company's efficiency in generating profits from its operational assets. The data provided for Republic Services Inc shows a fluctuating trend in operating ROA over the reported periods.
From March 31, 2020, to December 31, 2024, Republic Services Inc's operating ROA ranged from 7.29% to 9.88%. The company experienced an increase in operating ROA from 7.29% in December 2020 to 9.88% in December 2024, indicating an improvement in its operational efficiency and profitability.
Throughout the reporting periods, there were fluctuations in operating ROA, suggesting potential changes in the company's asset utilization and operational performance. For instance, there was a notable increase in operating ROA from March 31, 2022, to December 31, 2024, indicating strengthened profitability relative to the assets employed.
Overall, Republic Services Inc's operating ROA showed variability over time, with some periods of improvement and others of stability or slight decline. Analyzing this ratio alongside other financial metrics can provide a more comprehensive understanding of the company's operational effectiveness and performance.
Peer comparison
Dec 31, 2024