Republic Services Inc (RSG)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,432,000 | 2,191,500 | 1,831,500 | 1,575,100 | 1,142,700 |
| Revenue | US$ in thousands | 16,032,000 | 14,964,500 | 13,511,300 | 11,295,000 | 10,153,600 |
| Pretax margin | 15.17% | 14.64% | 13.56% | 13.95% | 11.25% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,432,000K ÷ $16,032,000K
= 15.17%
Republic Services Inc's pretax margin has shown a positive trend over the years, increasing from 11.25% in December 31, 2020, to 15.17% in December 31, 2024. This indicates the company's ability to improve profitability before taxes relative to its total revenue. The consistent growth in pretax margin suggests efficient cost management and effective revenue generation strategies. It also reflects the company's ability to control operating expenses and generate higher earnings from its operations over the years. Overall, the improving pretax margin indicates increasing profitability and operational efficiency for Republic Services Inc.
Peer comparison
Dec 31, 2024