Republic Services Inc (RSG)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.33% | 37.48% | 37.24% | 36.99% | 37.44% | 37.57% | 38.22% | 39.00% | 39.24% | 50.23% | 50.58% | 50.82% | 50.46% | 50.83% | 50.22% | 49.65% | 49.59% | 49.43% | 49.53% | 49.60% |
| 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% |
| Pretax margin | 12.68% | 12.28% | 11.88% | 11.52% | 11.71% | 11.53% | 11.83% | 11.99% | 11.81% | 11.61% | 10.77% | 10.09% | 9.48% | 10.17% | 10.53% | 10.61% | 10.62% | 11.27% | 11.12% | 11.07% |
| Net profit margin | 10.02% | 9.66% | 9.44% | 9.31% | 9.51% | 9.66% | 9.67% | 9.81% | 9.69% | 9.40% | 8.99% | 8.43% | 8.04% | 8.49% | 8.74% | 8.82% | 8.80% | 8.94% | 8.72% | 8.66% |
Republic Services, Inc. has shown relatively stable profitability ratios over the past eight quarters. The company's gross profit margin has been consistently above 39%, indicating efficient control over production costs. Operating profit margin has also remained steady around 16-18%, reflecting effective management of operating expenses.
The pretax margin has shown a slight decrease from 13.56% in Q4 2022 to 13.32% in Q1 2023 before stabilizing around 14%, indicating the company's ability to generate profits before taxes. Net profit margin, a key indicator of overall profitability, has fluctuated between 10.76% and 11.57% during the period, showing a consistent ability to translate revenues into net income.
Overall, Republic Services, Inc.'s profitability ratios suggest a financially healthy company with effective cost management and consistent profitability over the analyzed quarters.
Return on investment
| 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 return on assets (Operating ROA) | 8.85% | 8.84% | 8.69% | 8.51% | 8.23% | 8.16% | 7.85% | 8.62% | 8.32% | 8.22% | 7.90% | 7.61% | 7.29% | 7.51% | 7.69% | 7.85% | 7.88% | 8.11% | 8.11% | 8.06% |
| Return on assets (ROA) | 5.51% | 5.45% | 5.28% | 5.22% | 5.12% | 5.12% | 4.92% | 5.41% | 5.17% | 4.96% | 4.69% | 4.37% | 4.13% | 4.42% | 4.64% | 4.74% | 4.73% | 4.86% | 4.77% | 4.74% |
| Return on total capital | 25.60% | 24.91% | 24.03% | 23.40% | 22.99% | 22.10% | 22.06% | 21.88% | 21.02% | 20.40% | 19.01% | 18.01% | 17.63% | 19.08% | 20.14% | 20.86% | 20.78% | 22.09% | 21.76% | 21.61% |
| Return on equity (ROE) | 16.42% | 15.86% | 15.44% | 15.32% | 15.36% | 15.32% | 15.05% | 14.99% | 14.37% | 13.67% | 12.79% | 11.78% | 11.40% | 12.20% | 12.88% | 13.37% | 13.22% | 13.60% | 13.20% | 13.05% |
Republic Services, Inc. has shown consistent profitability based on its profitability ratios over the quarters analyzed. The Operating Return on Assets (Operating ROA) has been steadily increasing from 7.73% in Q4 2022 to 8.66% in Q4 2023, indicating efficient utilization of assets to generate operating profits.
The Return on Assets (ROA) has shown a slight fluctuation but generally remained stable within the range of 5.12% to 5.51%. This ratio reflects the company's ability to generate profits relative to its total assets across the quarters.
The Return on Total Capital has also exhibited a positive trend, indicating an increase in profitability from 10.46% in Q4 2022 to 11.64% in Q4 2023. This suggests that the company has been effective in generating returns for both equity and debt holders.
Republic Services, Inc.'s Return on Equity (ROE) has been consistently above 15% for most quarters, with a slight increase from 14.99% in Q1 2022 to 16.42% in Q4 2023. This indicates that the company has been successful in generating strong returns for its shareholders.
Overall, Republic Services, Inc. has demonstrated a strong and improving profitability performance across these key ratios, indicating efficient management of assets and capital to generate profits and returns for its investors.