NYSE:RSG

Stock Analysis Report

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 imperfect 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


Market Performance


7 Day Return

2.7%

RSG

1.4%

US Commercial Services

-0.6%

US Market


1 Year Return

17.2%

RSG

6.7%

US Commercial Services

0.6%

US Market

RSG outperformed the Commercial Services industry which returned 6% over the past year.

RSG outperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

RSGIndustryMarket
7 Day2.7%1.4%-0.6%
30 Day-2.0%1.1%2.2%
90 Day0.9%0.8%1.1%
1 Year19.5%17.2%10.7%6.7%2.9%0.6%
3 Year83.3%72.3%67.1%55.7%44.6%35.2%
5 Year151.9%124.3%102.4%82.3%61.9%44.2%

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 month ago | Simply Wall St

Should You Be Pleased About The CEO Pay At Republic Services, Inc.'s (NYSE:RSG)

Valuation

Is Republic Services undervalued based on future cash flows and its price relative to the stock market?

4%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Republic Services's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Republic Services's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Republic Services is overvalued based on earnings compared to the US Commercial Services industry average.

Republic Services is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Republic Services is poor value based on expected growth next year.


Price Based on Value of Assets

Republic Services is overvalued based on assets compared to the US Commercial Services industry average.


Next Steps

Future Growth

How is Republic Services expected 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 Estimates


Future Annual Growth Analysis

Republic Services's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).

Republic Services's earnings are expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).

Republic Services's revenue growth is positive but not above the United States of America market average.

Republic Services's earnings growth is positive but not above the United States of America market average.

Republic Services's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Republic Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

Republic Services's year on year earnings growth rate has been positive over the past 5 years.

Republic Services's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Republic Services's 1-year earnings growth is negative, it can't be compared to the US Commercial Services industry average.


Return on Equity

Republic Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Republic Services used its assets less efficiently than the US Commercial Services industry average last year based on Return on Assets.


Return on Capital Employed

Republic Services has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Republic Services's financial position?


Financial Position Analysis

Republic Services's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Republic Services's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Republic Services's level of debt (105.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (89.8% vs 105.2% today).

Debt is well covered by operating cash flow (26.1%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.6x coverage).


Balance Sheet

High level of physical assets or inventory.

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?

1.87%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Republic Services before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Republic Services's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Republic Services's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.2x coverage).


Next Steps

Management

What is the CEO of Republic Services's salary, the management and board of directors tenure and is there insider trading?

5.1yrs

Average management tenure


CEO

Don Slager (57yo)

8.7yrs

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

Don's remuneration is about average for companies of similar size in United States of America.

Don's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.1yrs

Average Tenure

57yo

Average Age

The average tenure for the Republic Services management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.6yrs

Average Tenure

55yo

Average Age

The tenure for the Republic Services board of directors is about average.


Insider Trading

Republic Services individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$253,08030 Jul 19
Catharine Ellingsen
EntityIndividual
Role
Chief Legal Officer
Executive VP
Shares2,812
Max PriceUS$90.00
SellUS$5,783,38309 May 19
Donald Slager
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares69,966
Max PriceUS$82.66
SellUS$1,587,15801 May 19
Jon Ark
EntityIndividual
Role
President
President
Shares19,278
Max PriceUS$82.33
SellUS$813,48129 Mar 19
Jeffrey Hughes
EntityIndividual
Role
Chief Administrative Officer
Executive VP & Chief Administrative Officer
Shares10,118
Max PriceUS$80.40
SellUS$330,41929 Mar 19
Tomago Collins
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,100
Max PriceUS$80.59
SellUS$15629 Mar 19
Tomago Collins
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2
Max PriceUS$78.11
SellUS$437,02726 Mar 19
Ramon Rodriguez
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,480
Max PriceUS$79.75
BuyUS$108,52501 Nov 18
Jennifer Kirk
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,500
Max PriceUS$72.35

Ownership Breakdown


Management Team

  • Sue Klug (59yo)

    Chief Marketing Officer & Executive VP

    • Tenure: 3yrs
  • Don Slager (57yo)

    CEO & Director

    • Tenure: 8.7yrs
    • Compensation: US$11.79m
  • Chuck Serianni (57yo)

    Executive VP & CFO

    • Tenure: 5.1yrs
    • Compensation: US$2.82m
  • Brian Goebel (51yo)

    VP & Chief Accounting Officer

    • Tenure: 6.4yrs
  • 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: 7.7yrs
  • Jon Ark (44yo)

    President

    • Tenure: 0.4yrs
    • Compensation: US$3.52m
  • Tim Stuart

    Chief Operating Officer

    • Tenure: 0.4yrs
  • Nicole Giandinoto

    Senior VP of Investor Relations & Treasurer

    • Tenure: 0yrs

Board Members

  • Don Slager (57yo)

    CEO & Director

    • Tenure: 8.7yrs
    • Compensation: US$11.79m
  • John Trani (74yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$330.03k
  • Michael Larson (60yo)

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: US$350.03k
  • Ramon Rodriguez (73yo)

    Independent Director

    • Tenure: 20.5yrs
    • Compensation: US$350.03k
  • Tom Handley (64yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$350.03k
  • Manuel Kadre (53yo)

    Chairman of the Board

    • Tenure: 2.5yrs
    • Compensation: US$495.03k
  • Tomago Collins (47yo)

    Independent Director

    • Tenure: 6.1yrs
    • Compensation: US$350.03k
  • Jennifer Kirk (44yo)

    Independent Director

    • Tenure: 3.2yrs
    • Compensation: US$330.03k
  • Kim Pegula (50yo)

    Director

    • Tenure: 2.2yrs
    • 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$28.059b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RSGNYSE (New York Stock Exchange)YesCommon StockUSUSDJul 1998
RPUDB (Deutsche Boerse AG)YesCommon StockDEEURJul 1998
0KW1LSE (London Stock Exchange)YesCommon StockGBUSDJul 1998
RSGA *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 23:48
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.