Republic Services
Market Cap
US$28.0b
Last Updated
2019/10/22 23:45 UTC
Data Sources
Company Financials +
Executive Summary
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal and residential, and energy services customers in the United States and Puerto Rico.
Snowflake
Fundamentals
Established dividend payer with questionable track record.
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
Market Performance
7 Day Return
1.3%
RSG
1.6%
US Commercial Services
0.07%
US Market
1 Year Return
23.0%
RSG
21.0%
US Commercial Services
8.9%
US Market
Return vs Industry: RSG exceeded the US Commercial Services industry which returned 21% over the past year.
Return vs Market: RSG exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| RSG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 1.6% | 0.07% |
| 30 Day | -0.3% | 2.5% | -0.3% |
| 90 Day | 0.6% | 2.9% | -1.6% |
| 1 Year | 25.3%23.0% | 25.6%21.0% | 11.3%8.9% |
| 3 Year | 81.9%71.2% | 74.2%62.3% | 46.3%36.8% |
| 5 Year | 148.0%121.3% | 103.5%83.0% | 62.1%44.3% |
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 A Pretty Healthy Balance Sheet2 weeks ago | Simply Wall St
What To Know Before Buying Republic Services, Inc. (NYSE:RSG) For Its Dividend4 weeks ago | Simply Wall St
Here's What We Like About Republic Services, Inc. (NYSE:RSG)'s Upcoming DividendValuation
Is Republic Services undervalued compared to its fair value and its price relative to the market?
1.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: RSG ($87.25) is trading below our estimate of fair value ($88.72)
Significantly Below Fair Value: RSG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RSG is poor value based on its PE Ratio (26.9x) compared to the Commercial Services industry average (25.5x).
PE vs Market: RSG is poor value based on its PE Ratio (26.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: RSG is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: RSG is overvalued based on its PB Ratio (3.5x) compared to the US Commercial Services industry average (1.9x).
Next Steps
Future Growth
How is Republic Services forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
6.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RSG's forecast earnings growth (6.3% per year) is above the savings rate (2.7%).
Earnings vs Market: RSG's earnings (6.3% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: RSG's earnings are forecast to grow, but not significantly.
Revenue vs Market: RSG's revenue (4.2% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: RSG's revenue (4.2% 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 (14.5%).
Next Steps
Past Performance
How has Republic Services performed over the past 5 years?
15.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: RSG's earnings have grown by 15.9% 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 (-22.8%) over the past year, making it difficult to compare to the Commercial Services industry average (-2.4%).
Return on Equity
High ROE: RSG's Return on Equity (13.2%) is considered low.
Return on Assets
ROA vs Industry: RSG's Return on Assets is below or equal to the Commercial Services industry average last year.
Return on Capital Employed
ROCE Improving: RSG has improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Republic Services's financial position?
Financial Position Analysis
Short Term Liabilities: RSG's short term assets ($1.5B) do not cover its short term liabilities ($3.6B)
Long Term Liabilities: RSG's short term assets (1.5B) do not cover its long term liabilities (10.5B)
Debt to Equity History and Analysis
Debt Level: RSG's debt to equity ratio (105.2%) is considered high
Reducing Debt: RSG's debt to equity ratio has increased from 89.8% to 105.2% over the past 5 years.
Debt Coverage: RSG's debt is well covered by operating cash flow (26.1%).
Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Inventory Level: RSG has a high level of physical assets or inventory.
Debt Coverage by Assets: RSG's debt is not covered by short term assets (assets are 0.2x debt).
Next Steps
Dividend
What is Republic Services's current dividend yield, its reliability and sustainability?
1.86%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: RSG's dividend (1.86%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: RSG's dividend (1.86%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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 reasonably low payout ratio (46.2%), RSG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RSG's dividends in 3 years are forecast to be well covered by earnings (46.1% payout ratio).
Next Steps
Management
What is the CEO of Republic Services's salary, the management and board of directors tenure and is there insider trading?
5.2yrs
Average management tenure
CEO
Don Slager (57yo)
8.8yrs
Tenure
US$11,787,571
Compensation
Mr. Donald W. Slager, also known as Don, has been the Chief Executive Officer at Republic Services, Inc. since January 1, 2011 and served as its President since December 5, 2008 until April 2019 and served ...
CEO Compensation Analysis
Compensation vs. Market: Don's total compensation ($USD11.79M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.2yrs
Average Tenure
57yo
Average Age
Experienced Management: RSG's management team is seasoned and experienced (5.2 years average tenure).
Board Age and Tenure
4.7yrs
Average Tenure
55yo
Average Age
Experienced Board: RSG's board of directors are considered experienced (4.7 years average tenure).
Insider Trading
Insider Buying: RSG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Legal Officer Executive VP |
| Shares | 2,812 |
| Max Price | US$90.00 |
| Entity | Individual |
| Role | Chief Executive Officer CEO & Director |
| Shares | 69,966 |
| Max Price | US$82.66 |
| Entity | Individual |
| Role | President President |
| Shares | 19,278 |
| Max Price | US$82.33 |
| Entity | Individual |
| Role | Chief Administrative Officer Executive VP & Chief Administrative Officer |
| Shares | 10,118 |
| Max Price | US$80.40 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 4,100 |
| Max Price | US$80.59 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2 |
| Max Price | US$78.11 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 5,480 |
| Max Price | US$79.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,500 |
| Max Price | US$72.35 |
Ownership Breakdown
Management Team
Sue Klug (59yo)
Chief Marketing Officer & Executive VP
- Tenure: 3.1yrs
Don Slager (57yo)
CEO & Director
- Tenure: 8.8yrs
- Compensation: US$11.79m
Chuck Serianni (57yo)
Executive VP & CFO
- Tenure: 5.2yrs
- Compensation: US$2.82m
Brian Goebel (51yo)
VP & Chief Accounting Officer
- Tenure: 6.5yrs
Catharine Ellingsen (55yo)
Executive VP
- Tenure: 3.3yrs
- Compensation: US$2.16m
Jeffrey Hughes (62yo)
Executive VP & Chief Administrative Officer
- Tenure: 10.8yrs
- Compensation: US$2.20m
Darcie Brossart
Senior Vice President of Communications
- Tenure: 7.8yrs
Jon Ark (44yo)
President
- Tenure: 0.5yrs
- Compensation: US$3.52m
Tim Stuart
Chief Operating Officer
- Tenure: 0.5yrs
Nicole Giandinoto
Senior VP of Investor Relations & Treasurer
- Tenure: 0yrs
Board Members
Don Slager (57yo)
CEO & Director
- Tenure: 8.8yrs
- Compensation: US$11.79m
John Trani (74yo)
Independent Director
- Tenure: 10.8yrs
- Compensation: US$330.03k
Michael Larson (60yo)
Independent Director
- Tenure: 10yrs
- Compensation: US$350.03k
Ramon Rodriguez (73yo)
Independent Director
- Tenure: 20.6yrs
- Compensation: US$350.03k
Tom Handley (64yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$350.03k
Manuel Kadre (53yo)
Independent Chairman of the Board
- Tenure: 2.6yrs
- Compensation: US$495.03k
Tomago Collins (47yo)
Independent Director
- Tenure: 6.2yrs
- Compensation: US$350.03k
Jennifer Kirk (44yo)
Independent Director
- Tenure: 3.3yrs
- Compensation: US$330.03k
Kim Pegula (50yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$330.03k
Sandra Volpe (52yo)
Independent Director
- Tenure: 2.8yrs
- Compensation: US$330.03k
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$27.986b
- Shares outstanding: 320.75m
- Website: https://republicservices.com
Number of Employees
Location
- Republic Services, Inc.
- 18500 North Allied Way
- Phoenix
- Arizona
- 85054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RSG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1998 |
| RPU | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1998 |
| 0KW1 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 1998 |
| RSGA * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jul 1998 |
Biography
Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal an ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:45 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.