Republic Services Inc (RSG)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,043,000 | 1,970,600 | 1,885,100 | 1,801,000 | 1,731,100 | 1,638,300 | 1,575,000 | 1,519,500 | 1,487,600 | 1,453,900 | 1,387,300 | 1,346,500 | 1,290,400 | 1,212,800 | 1,122,500 | 1,016,900 | 967,300 | 1,021,100 | 1,059,400 | 1,085,400 |
| 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 |
| ROA | 6.31% | 6.19% | 5.90% | 5.74% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,043,000K ÷ $32,402,000K
= 6.31%
From March 31, 2020, to December 31, 2024, Republic Services Inc's Return on Assets (ROA) has shown an upward trend, increasing from 4.74% to 6.31%. This indicates that the company has been able to generate more profit relative to its total assets over the period.
The ROA figures fluctuated during the period but generally maintained an increasing trajectory, with occasional fluctuations. This suggests that Republic Services Inc has been effectively utilizing its assets to generate profits for the business.
The highest ROA was recorded at the end of December 31, 2024, at 6.31%, showcasing the company's ability to efficiently generate earnings from its assets. Overall, the increasing trend in ROA over the period reflects positively on the company's asset management and operational efficiency.
Peer comparison
Dec 31, 2024