Republic Services Inc (RSG)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 11,405,000 | 11,228,800 | 11,005,100 | 10,819,800 | 10,542,300 | 10,331,300 | 10,203,700 | 9,916,500 | 9,686,000 | 9,489,900 | 9,215,400 | 8,984,000 | 8,978,900 | 8,873,300 | 8,778,300 | 8,632,900 | 8,483,900 | 8,370,100 | 8,227,100 | 8,117,200 |
| ROE | 17.91% | 17.55% | 17.13% | 16.65% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,043,000K ÷ $11,405,000K
= 17.91%
Republic Services Inc has shown a consistent improvement in its return on equity (ROE) over the past few years, indicating efficient utilization of shareholders' equity to generate profits. The ROE has steadily increased from 13.37% in March 2020 to 17.91% in December 2024. This upward trend reflects the company's ability to generate higher profits relative to its shareholder equity.
The company's ROE demonstrates a positive trajectory, reaching its peak at 17.91% by the end of December 2024, suggesting that Republic Services Inc is effectively leveraging its equity capital to drive profitability. The progressive improvement in ROE signifies the firm's operational efficiency and effectiveness in generating returns for its shareholders. Overall, the consistent growth in ROE showcases Republic Services Inc's commitment to enhancing shareholder value through efficient financial management and operational performance.
Peer comparison
Dec 31, 2024