Republic Services
Market Cap
US$34.9b
Last Updated
2021/05/06 22:44 UTC
Data Sources
Company Financials +
Executive Summary
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States. More Details
Snowflake Analysis
Established dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has Republic Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RSG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: RSG's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
4.4%
RSG
1.2%
US Commercial Services
-1.7%
US Market
1 Year Return
36.4%
RSG
46.9%
US Commercial Services
51.8%
US Market
Return vs Industry: RSG underperformed the US Commercial Services industry which returned 50.8% over the past year.
Return vs Market: RSG underperformed the US Market which returned 52.8% over the past year.
Shareholder returns
| RSG | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 1.2% | -1.7% |
| 30 Day | 9.0% | 5.8% | 1.5% |
| 90 Day | 21.8% | 10.5% | 3.1% |
| 1 Year | 38.9%36.4% | 48.7%46.9% | 54.4%51.8% |
| 3 Year | 72.4%62.8% | 61.2%50.7% | 63.0%52.8% |
| 5 Year | 150.9%126.8% | 128.6%104.3% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is Republic Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Republic Services (NYSE:RSG) Has Some Way To Go To Become A Multi-Bagger4 weeks ago | Simply Wall St
Shareholders Of Republic Services (NYSE:RSG) Must Be Happy With Their 146% Total Return1 month ago | Simply Wall St
Should Income Investors Look At Republic Services, Inc. (NYSE:RSG) Before Its Ex-Dividend?Valuation
Is Republic Services undervalued compared to its fair value and its price relative to the market?
34.78x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RSG ($110.77) is trading above our estimate of fair value ($81.27)
Significantly Below Fair Value: RSG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RSG is good value based on its PE Ratio (34.8x) compared to the US Commercial Services industry average (35.7x).
PE vs Market: RSG is poor value based on its PE Ratio (34.8x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: RSG is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: RSG is overvalued based on its PB Ratio (4.1x) compared to the US Commercial Services industry average (2.5x).
Future Growth
How is Republic Services forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
6.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSG's forecast earnings growth (6.9% per year) is above the savings rate (2%).
Earnings vs Market: RSG's earnings (6.9% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: RSG's earnings are forecast to grow, but not significantly.
Revenue vs Market: RSG's revenue (4.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: RSG's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RSG's Return on Equity is forecast to be low in 3 years time (14.9%).
Past Performance
How has Republic Services performed over the past 5 years?
8.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RSG has high quality earnings.
Growing Profit Margin: RSG's current net profit margins (10%) are lower than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: RSG's earnings have grown by 8.4% per year over the past 5 years.
Accelerating Growth: RSG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RSG had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Commercial Services industry average (-7.6%).
Return on Equity
High ROE: RSG's Return on Equity (11.8%) is considered low.
Financial Health
How is Republic Services's financial position?
Financial Position Analysis
Short Term Liabilities: RSG's short term assets ($1.4B) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: RSG's short term assets ($1.4B) do not cover its long term liabilities ($12.5B).
Debt to Equity History and Analysis
Debt Level: RSG's debt to equity ratio (96.3%) is considered high.
Reducing Debt: RSG's debt to equity ratio has reduced from 97.4% to 96.3% over the past 5 years.
Debt Coverage: RSG's debt is well covered by operating cash flow (30.5%).
Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
Dividend
What is Republic Services's current dividend yield, its reliability and sustainability?
1.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RSG's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: RSG's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: RSG's dividends per share have been stable in the past 10 years.
Growing Dividend: RSG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.7%), RSG's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RSG's dividends in 3 years are forecast to be well covered by earnings (44.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.9yrs
Average management tenure
CEO
Don Slager (58 yo)
10.33yrs
Tenure
US$12,937,163
Compensation
Mr. Donald W. Slager, also known as Don, has been the Chief Executive Officer at Republic Services, Inc. since January 1, 2011 and served as its President since December 5, 2008 until April 2019 and served...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD12.94M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: RSG's management team is considered experienced (4.9 years average tenure).
Board Members
Experienced Board: RSG's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Republic Services, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Republic Services, Inc.
- Ticker: RSG
- Exchange: NYSE
- Founded: 1996
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Market Cap: US$34.886b
- Shares outstanding: 319.00m
- Website: https://www.republicservices.com
Number of Employees
Location
- Republic Services, Inc.
- 18500 North Allied Way
- Phoenix
- Arizona
- 85054-6164
- United States
Listings
Biography
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States. The company serves sm...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/06 22:44 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.