NYSE:RSG

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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 proven 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

Stable Share Price: RSG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.9%

RSG

-1.0%

US Commercial Services

-1.5%

US Market


1 Year Return

8.2%

RSG

7.1%

US Commercial Services

12.9%

US Market

Return vs Industry: RSG exceeded the US Commercial Services industry which returned 7.1% over the past year.

Return vs Market: RSG underperformed the US Market which returned 12.9% over the past year.


Shareholder returns

RSGIndustryMarket
7 Day-2.9%-1.0%-1.5%
30 Day4.7%0.4%-1.8%
90 Day18.5%13.9%6.6%
1 Year10.3%8.2%8.7%7.1%15.4%12.9%
3 Year50.3%41.6%47.6%38.2%39.6%30.2%
5 Year157.9%133.2%111.8%90.6%93.4%71.7%

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

Valuation

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

28.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RSG ($94.04) is trading above our estimate of fair value ($65.18)

Significantly Below Fair Value: RSG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RSG is poor value based on its PE Ratio (28.4x) compared to the US Commercial Services industry average (26.8x).

PE vs Market: RSG is poor value based on its PE Ratio (28.4x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: RSG is poor value based on its PEG Ratio (3.5x)


Price to Book Ratio

PB vs Industry: RSG is overvalued based on its PB Ratio (3.6x) compared to the US Commercial Services industry average (1.6x).


Next Steps

Future Growth

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

8.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RSG's forecast earnings growth (8.2% per year) is above the savings rate (2.2%).

Earnings vs Market: RSG's earnings (8.2% per year) are forecast to grow slower than the US market (23.1% per year).

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

Revenue vs Market: RSG's revenue (4.4% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: RSG's revenue (4.4% 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 (13.3%).


Next Steps

Past Performance

How has Republic Services performed over the past 5 years?

13.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RSG has high quality earnings.

Growing Profit Margin: RSG's current net profit margins (10.4%) are higher than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: RSG's earnings have grown by 13.3% per year over the past 5 years.

Accelerating Growth: RSG's earnings growth over the past year (0.9%) is below its 5-year average (13.3% per year).

Earnings vs Industry: RSG earnings growth over the past year (0.9%) exceeded the Commercial Services industry -8.4%.


Return on Equity

High ROE: RSG's Return on Equity (12.9%) is considered low.


Next Steps

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 ($2.1B).

Long Term Liabilities: RSG's short term assets ($1.6B) do not cover its long term liabilities ($12.5B).


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 97.3% to 105.2% over the past 5 years.

Debt Coverage: RSG's debt is well covered by operating cash flow (29.4%).

Interest Coverage: RSG's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

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

1.81%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: RSG's dividend (1.81%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: RSG's dividend (1.81%) is low compared to the top 25% of dividend payers in the US market (4.7%).


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 (48.9%), 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 (49.5% payout ratio).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Don Slager (58 yo)

9.67yrs

Tenure

US$12,617,294

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 ($USD12.62M) is about average for companies of similar size in the US market ($USD11.35M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Donald Slager
CEO & Director9.67yrsUS$12.62m0.11%
$ 32.2m
Jon Ark
President1.42yrsUS$4.27m0%
$ 0
Timothy Stuart
Executive VP & COO1.42yrsUS$2.80m0.00021%
$ 62.9k
Jeffrey Hughes
Executive VP & Chief Administrative Officer11.75yrsUS$2.34m0.0021%
$ 638.0k
Catharine Ellingsen
Executive VP4.25yrsUS$2.33m0.0051%
$ 1.5m
Charles Serianni
Special Advisor to CEO0.25yrUS$2.93m0.015%
$ 4.5m
Brian DelGhiaccio
CFO, Executive VP & Chief Transformation Officer0.25yrno data0.0018%
$ 530.1k
Brian Goebel
VP & Chief Accounting Officer7.42yrsno data0.0025%
$ 757.8k
Nicole Giandinoto
Senior VP of Investor Relations & Treasurerno datano datano data
Brian Bales
Executive VP & Chief Development Officer5.58yrsno data0.0042%
$ 1.3m
Tom Lynch
Chief Customer Officer & Executive VPno datano datano data
Jeffrey Andrews
Region President of West Regionno datano datano data

4.3yrs

Average Tenure

56yo

Average Age

Experienced Management: RSG's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Donald Slager
CEO & Director9.67yrsUS$12.62m0.11%
$ 32.2m
Michael Larson
Independent Director10.92yrsUS$350.04k0.013%
$ 4.0m
Thomas W. Handley
Independent Director4.17yrsUS$350.04k0.00061%
$ 182.7k
Manuel Kadre
Independent Chairman of the Board3.5yrsUS$495.04k0.0013%
$ 398.3k
Katharine Weymouth
Independent Director1.92yrsUS$330.04kno data
James Snee
Independent Director2.17yrsUS$330.04kno data
Michael Duffy
Director0.17yrno datano data
Tomago Collins
Independent Director7.08yrsUS$350.04k0.0031%
$ 928.5k
Jennifer Kirk
Independent Director4.17yrsUS$347.99k0.0011%
$ 323.5k
Kim Pegula
Independent Director3.17yrsUS$330.04k0.00050%
$ 149.8k
Sandra Volpe
Independent Director3.75yrsUS$330.04kno data

3.8yrs

Average Tenure

53yo

Average Age

Experienced Board: RSG's board of directors are considered experienced (3.8 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 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$29.951b
  • Shares outstanding: 318.49m
  • Website: https://www.republicservices.com

Number of Employees


Location

  • Republic Services, Inc.
  • 18500 North Allied Way
  • Phoenix
  • Arizona
  • 85054-6164
  • 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
R1SG34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLJan 2020

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 06:30
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.