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RSG

Republic ServicesNYSE:RSG Stock Report

Last Price

US$128.35

Market Cap

US$40.7b

7D

-1.8%

1Y

36.6%

Updated

20 Jan, 2022

Data

Company Financials +
RSG fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance4/6
Financial Health2/6
Dividends5/6

RSG Stock Overview

Republic Services, Inc., together with its subsidiaries, provides non-hazardous solid waste collection, transfer, disposal, recycling, and environmental services in the United States.

Republic Services Competitors

Waste Management

NYSE:WM

US$64.9b

Waste Connections

NYSE:WCN

US$32.4b

Stericycle

NasdaqGS:SRCL

US$5.3b

Casella Waste Systems

NasdaqGS:CWST

US$3.9b

Price History & Performance

Summary of all time highs, changes and price drops for Republic Services
Historical stock prices
Current Share PriceUS$128.35
52 Week HighUS$145.98
52 Week LowUS$88.62
Beta0.77
1 Month Change-3.77%
3 Month Change-3.69%
1 Year Change36.59%
3 Year Change69.24%
5 Year Change122.64%
Change since IPO655.00%

Recent News & Updates

Dec 29
Republic Services' (NYSE:RSG) Shareholders Will Receive A Bigger Dividend Than Last Year

Republic Services' (NYSE:RSG) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Republic Services, Inc. ( NYSE:RSG ) has announced that it will be increasing its dividend on the 14th of...

Dec 14
Here's What To Make Of Republic Services' (NYSE:RSG) Decelerating Rates Of Return

Here's What To Make Of Republic Services' (NYSE:RSG) Decelerating Rates Of Return

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Nov 29
Here's Why Republic Services (NYSE:RSG) Can Manage Its Debt Responsibly

Here's Why Republic Services (NYSE:RSG) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

RSGUS Commercial ServicesUS Market
7D-1.8%-4.8%-4.0%
1Y36.6%11.2%6.6%

Return vs Industry: RSG exceeded the US Commercial Services industry which returned 12.7% over the past year.

Return vs Market: RSG exceeded the US Market which returned 7.7% over the past year.

Price Volatility

Is RSG's price volatile compared to industry and market?
RSG volatility
RSG Average Weekly Movement3.0%
Commercial Services Industry Average Movement6.0%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: RSG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: RSG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199635,000Jon Vander Arkhttps://www.republicservices.com

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 small-container, large-container, and municipal and residential customers. The company’s collection services include curbside collection of material for transport to transfer stations, landfills, or recycling processing centers; supply of recycling and waste containers; and renting of compactors.

Republic Services Fundamentals Summary

How do Republic Services's earnings and revenue compare to its market cap?
RSG fundamental statistics
Market CapUS$40.70b
Earnings (TTM)US$1.21b
Revenue (TTM)US$10.92b

33.6x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RSG income statement (TTM)
RevenueUS$10.92b
Cost of RevenueUS$6.39b
Gross ProfitUS$4.53b
ExpensesUS$3.31b
EarningsUS$1.21b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 10, 2022

Earnings per share (EPS)3.82
Gross Margin41.47%
Net Profit Margin11.11%
Debt/Equity Ratio102.2%

How did RSG perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

46%

Payout Ratio

Valuation

Is Republic Services undervalued compared to its fair value and its price relative to the market?

13.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RSG ($128.35) is trading below our estimate of fair value ($148.82)

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 (33.6x) compared to the US Commercial Services industry average (26.1x).

PE vs Market: RSG is poor value based on its PE Ratio (33.6x) compared to the US market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: RSG is poor value based on its PEG Ratio (3.2x)


Price to Book Ratio

PB vs Industry: RSG is overvalued based on its PB Ratio (4.6x) compared to the US Commercial Services industry average (2.1x).


Future Growth

How is Republic Services forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RSG's forecast earnings growth (10.5% per year) is above the savings rate (2%).

Earnings vs Market: RSG's earnings (10.5% per year) are forecast to grow slower than the US market (13.1% per year).

High Growth Earnings: RSG's earnings are forecast to grow, but not significantly.

Revenue vs Market: RSG's revenue (5.9% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: RSG's revenue (5.9% 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 (16%).


Past Performance

How has Republic Services performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RSG has high quality earnings.

Growing Profit Margin: RSG's current net profit margins (11.1%) are higher than last year (10.1%).


Past Earnings Growth Analysis

Earnings Trend: RSG's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: RSG's earnings growth over the past year (18.8%) exceeds its 5-year average (6.9% per year).

Earnings vs Industry: RSG earnings growth over the past year (18.8%) underperformed the Commercial Services industry 35.3%.


Return on Equity

High ROE: RSG's Return on Equity (13.7%) is considered low.


Financial Health

How is Republic Services's financial position?


Financial Position Analysis

Short Term Liabilities: RSG's short term assets ($1.6B) do not cover its short term liabilities ($2.3B).

Long Term Liabilities: RSG's short term assets ($1.6B) do not cover its long term liabilities ($13.2B).


Debt to Equity History and Analysis

Debt Level: RSG's net debt to equity ratio (101.8%) is considered high.

Reducing Debt: RSG's debt to equity ratio has increased from 101.6% to 102.2% over the past 5 years.

Debt Coverage: RSG's debt is well covered by operating cash flow (29.8%).

Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (6.9x coverage).


Balance Sheet


Dividend

What is Republic Services's current dividend yield, its reliability and sustainability?

1.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RSG's dividend (1.43%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: RSG's dividend (1.43%) is low compared to the top 25% of dividend payers in the US market (3.49%).


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 reasonably low payout ratio (45.7%), 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 (35.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Jon Vander Ark (46 yo)

2.67yrs

Tenure

US$4,419,123

Compensation

Mr. Jon Vander Ark serves as Chief Executive Officer at Republic Services, Inc. since June 25, 2021 and its Director since July 1, 2021. He has been President at Republic Services, Inc. since April 30, 201...


CEO Compensation Analysis

Compensation vs Market: Jon's total compensation ($USD4.42M) is below average for companies of similar size in the US market ($USD11.31M).

Compensation vs Earnings: Jon's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RSG's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: RSG's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RSG insiders have only sold shares 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 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
  • Implied Market Cap: US$40.699b
  • Shares outstanding: 317.09m
  • Website: https://www.republicservices.com

Number of Employees


Location

  • Republic Services, Inc.
  • 18500 North Allied Way
  • Phoenix
  • Arizona
  • 85054-6164
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/20 23:56
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.