Market Summary
USD128.80-0.67
Market Closed-0.52%
RSG Alerts
RSG Stock Price
RSG RSI Chart
RSG Valuation
RSG Price/Sales (Trailing)
RSG Profitability
RSG Fundamentals
RSG Revenue
RSG Earnings
Price Action
52 Week Range
119.30149.17
(Low)(High)
Last 7 days
-3.6%
Last 30 days
-1.2%
Last 90 days
-1.5%
Trailing 12 Months
0.2%
RSG Financial Health
RSG Investor Care
Peers (Alternatives to Republic Services)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
WM | 61.8B | 19.7B | -0.69% | -1.34% | 27.61 | 3.14 | 9.85% | 23.24% |
CTAS | 44.1B | 8.4B | -0.31% | 9.08% | 34.32 | 5.27 | 12.71% | 11.63% |
RSG | 40.8B | 13.5B | -1.17% | 0.17% | 27.4 | 3.02 | 19.62% | 15.28% |
CPRT | 34.1B | 3.7B | 3.77% | 14.74% | 31.56 | 9.29 | 16.24% | -0.79% |
WCN | 34.0B | 7.2B | -2.25% | -1.11% | 40.69 | 4.71 | 17.24% | 35.21% |
| MID-CAP | ||||||||
TTEK | 7.7B | 3.5B | 2.45% | -11.66% | 24.58 | 2.16 | 7.06% | 25.10% |
CLH | 7.2B | 5.2B | 0.10% | 26.16% | 17.52 | 1.4 | 35.76% | 102.58% |
CWST | 4.0B | 1.1B | 1.32% | -9.26% | 75.62 | 3.7 | 22.03% | 29.15% |
SRCL | 3.8B | 2.7B | -24.13% | -26.44% | 67.29 | 1.41 | 2.18% | 310.82% |
| SMALL-CAP | ||||||||
HCCI | 813.0M | 709.3M | -7.51% | 20.45% | 10.93 | 1.15 | 37.64% | 56.34% |
PESI | 127.7M | 71.0M | 43.50% | 70.21% | -27.81 | 1.8 | -14.94% | -242.00% |
CHRA | 12.1M | 318.1M | -38.67% | -27.86% | -0.36 | 0.04 | 19.84% | 22.30% |
AWX | 11.2M | 77.1M | 7.46% | -15.04% | -160.43 | 0.15 | 14.38% | -102.40% |
Financials for Republic Services
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.5% | 13,511 | 12,933 | 12,269 | 11,668 | 11,295 |
| S&GA Expenses | 5.6% | 1,454 | 1,378 | 1,314 | 1,238 | 1,196 |
| EBITDA | 5.3% | 3,579 | 3,398 | 3,282 | 3,181 | - |
| EBITDA Margin | 0.8% | 0.26* | 0.26* | 0.27* | 0.27* | - |
| Earnings Before Taxes | 5.6% | 1,832 | 1,735 | 1,698 | 1,647 | 1,575 |
| EBT Margin | 1.0% | 0.14* | 0.13* | 0.14* | 0.14* | - |
| Interest Expenses | 9.2% | 396 | 362 | 335 | 320 | 315 |
| Net Income | 2.3% | 1,488 | 1,454 | 1,387 | 1,347 | 1,290 |
| Net Income Margin | -2.0% | 0.11* | 0.11* | 0.11* | 0.12* | - |
| Free Cahsflow | 2.4% | 1,736 | 1,695 | 1,512 | 1,512 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.3% | 29,053 | 28,401 | 28,213 | 24,880 | 24,955 |
| Current Assets | 7.2% | 2,357 | 2,199 | 2,141 | 1,696 | 1,711 |
| Cash Equivalents | 76.2% | 143 | 81.00 | 119 | 39.00 | 29.00 |
| Inventory | 0.9% | 101 | 100 | 81.00 | 72.00 | - |
| Goodwill | 1.8% | 14,452 | 14,194 | 14,166 | 12,833 | 12,826 |
| Current Liabilities | 7.2% | 3,391 | 3,164 | 2,935 | 2,258 | 2,416 |
| Long Term Debt | 1.3% | 11,330 | 11,180 | 11,590 | 9,609 | 9,546 |
| Shareholder's Equity | 2.1% | 9,686 | 9,490 | 9,216 | 8,985 | 8,979 |
| Retained Earnings | 2.6% | 7,356 | 7,167 | 6,907 | 6,681 | 6,476 |
| Additional Paid-In Capital | 0.4% | 2,843 | 2,831 | 2,819 | 2,805 | 2,790 |
| Shares Outstanding | 0% | 317 | 317 | 317 | - | - |
| Minority Interest | 33.3% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 5.2% | 3,190 | 3,032 | 2,867 | 2,831 | 2,787 |
| Share Based Compensation | 0.3% | 39.00 | 39.00 | 40.00 | 57.00 | 57.00 |
| Cashflow From Investing | -0.9% | -4,423 | -4,381 | -4,616 | -2,520 | -2,466 |
| Cashflow From Financing | -2.4% | 1,344 | 1,377 | 1,821 | -301 | -329 |
| Dividend Payments | 1.8% | 593 | 583 | 573 | 563 | 553 |
| Buy Backs | -26.5% | 204 | 277 | 416 | 443 | 252 |
Risks for RSG
What is the probability of a big loss on RSG?
19.2%
Probability that Republic Services stock will be more than 20% underwater in next one year
0%
Probability that Republic Services stock will be more than 30% underwater in next one year.
0%
Probability that Republic Services stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RSG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Republic Services was unfortunately bought at previous high price.
Drawdowns
Returns for RSG
Cumulative Returns on RSG
17.2%
10-Year Cumulative Returns
17.2%
7-Year Cumulative Returns
16.4%
5-Year Cumulative Returns
26.5%
3-Year Cumulative Returns
What are the long-term rolling returns for RSG?
FIve years rolling returns for Republic Services.
Annualized Returns
Which funds bought or sold RSG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 2.29 | -109,539 | 4,034,460 | 0.11% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 1.47 | -6,466,300 | 164,077,000 | 0.18% |
2023-03-08 | Capital Asset Advisory Services LLC | reduced | -6.51 | -47,219 | 364,781 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -4.23 | -943,000 | 9,314,000 | 0.05% |
2023-03-03 | TIAA, FSB | reduced | -13.6 | -54,145 | 245,855 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -80.95 | -11,379 | 2,621 | -% |
2023-03-01 | Regal Investment Advisors LLC | added | 2.92 | -58,201 | 2,349,800 | 0.23% |
2023-02-28 | Trust Investment Advisors | sold off | -100 | -208,000 | - | -% |
2023-02-28 | Voya Investment Management LLC | added | 0.98 | -451,393 | 10,162,600 | 0.01% |
2023-02-28 | Bull Street Advisors, LLC | reduced | -10.76 | -292,000 | 1,605,000 | 0.83% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
RSG Alerts
Republic Services News
Schedule 13G FIlings of Republic Services
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 5.78% | 18,272,564 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.6% | 20,818,874 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 6.5% | 20,657,599 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 5.72% | 18,230,486 | SC 13G/A | |
| Feb 01, 2021 | blackrock inc. | 6.3% | 20,203,394 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 5.97% | 19,071,686 | SC 13G/A | |
| Feb 06, 2020 | blackrock inc. | 7.3% | 23,156,870 | SC 13G/A |
RSG Fair Value
Republic Services fair value in different scenarios
The table shows the Fair Value estimates for Republic Services for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 55.49 -56.92% | 84.93 -34.06% | 101.63 -21.09% | 130.68 1.46% | 169.86 31.88% |
| Current Inflation | 48.79 -62.12% | 57.82 -55.11% | 74.55 -42.12% | 106.69 -17.17% | 126.18 -2.03% |
| Very High Inflation | 44.45 -65.49% | 63.87 -50.41% | 73.54 -42.90% | 92.65 -28.07% | 117.65 -8.66% |
Historical Republic Services Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Republic Services
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 22, 2023 | 144 | Notice of Insider Sale Intent | |
| Mar 22, 2023 | 4 | Insider Trading | |
| Mar 22, 2023 | 424B2 | Prospectus Filed | |
| Mar 21, 2023 | 424B2 | Prospectus Filed | |
| Mar 21, 2023 | FWP | Prospectus Filed | |
| Mar 20, 2023 | 4 | Insider Trading | |
| Feb 27, 2023 | 4 | Insider Trading | |
| Feb 27, 2023 | 8-K | Current Report | |
| Feb 27, 2023 | 4 | Insider Trading | |
| Feb 27, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for RSG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-22 | Collins Tomago | sold | -202,044 | 130 | -1,545 | - |
2023-03-16 | Weymouth Katharine | sold | -574,855 | 133 | -4,304 | - |
2023-02-23 | Bales Brian A | sold (taxes) | -6,049 | 128 | -47.00 | evp, chief development officer |
2023-02-23 | Ellingsen Catharine D | sold (taxes) | -95,252 | 128 | -740 | evp/chief legal officer/sec |
2023-02-23 | Vander Ark Jon | sold (taxes) | -156,009 | 128 | -1,212 | ceo and president |
2023-02-23 | GOEBEL BRIAN A | acquired | - | - | 5.00 | cao |
2023-02-23 | DelGhiaccio Brian M | acquired | - | - | 833 | evp chief financial officer |
2023-02-23 | Hodges Amanda | acquired | - | - | 2,388 | evp, chief marketing officer |
2023-02-23 | Stuart Timothy E | sold (taxes) | -117,521 | 128 | -913 | coo |
2023-02-23 | DelGhiaccio Brian M | sold (taxes) | -47,497 | 128 | -369 | evp chief financial officer |
Republic Services, Inc., together with its subsidiaries, offers environmental services in the United States. The company offers collection and processing of recyclable materials, collection, transfer and disposal of non-hazardous solid waste, and other environmental solutions. Its 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. In addition, the company engages in the processing and sale of old corrugated containers, old newsprint, aluminum, glass, and other materials; and provision of landfill and transfer services. Further, it offers disposal of non-hazardous solid and liquid material and in-plant services, such as transportation and logistics. It serves small-container, large-container, and residential customers. As of December 31, 2021, the company operated through 356 collection operations, 239 transfer stations, 198 active landfills, 71 recycling processing centers, 6 saltwater disposal wells, and 7 deep injection wells, as well as 3 treatment, recovery, and disposal facilities in 41 states. It also operated 77 landfill gas-to-energy and renewable energy projects and had 124 closed landfills. The company was incorporated in 1996 and is based in Phoenix, Arizona.
RSG Income Statement
2022-12-31Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Revenue | $ 13,511,300 | $ 11,295,000 | $ 10,153,600 |
| Expenses: | |||
| Cost of operations | 8,205,000 | 6,737,700 | 6,100,500 |
| Depreciation, amortization and depletion | 1,351,600 | 1,185,500 | 1,075,900 |
| Accretion | 89,600 | 82,700 | 82,900 |
| Selling, general and administrative | 1,454,300 | 1,195,800 | 1,053,000 |
| Adjustment to withdrawal liability for multiemployer pension funds | (1,600) | 0 | 34,500 |
| (Gain) loss on business divestitures and impairments, net | (6,300) | 500 | 77,700 |
| Restructuring charges | 27,000 | 16,600 | 20,000 |
| Operating income | 2,391,700 | 2,076,200 | 1,709,100 |
| Interest expense | (395,600) | (314,600) | (355,600) |
| Loss from unconsolidated equity method investments | (165,600) | (188,500) | (118,200) |
| Loss on extinguishment of debt | 0 | 0 | (101,900) |
| Interest income | 3,300 | 2,500 | 5,200 |
| Other (expense) income, net | (2,300) | (500) | 4,100 |
| Income before income taxes | 1,831,500 | 1,575,100 | 1,142,700 |
| Provision for income taxes | 343,900 | 282,800 | 173,100 |
| Net income | 1,487,600 | 1,292,300 | 969,600 |
| Net income attributable to non-controlling interests in consolidated subsidiary | 0 | (1,900) | (2,400) |
| Net income attributable to Republic Services, Inc. | $ 1,487,586 | $ 1,290,405 | $ 967,237 |
| Basic earnings per share attributable to Republic Services, Inc. stockholders: | |||
| Basic earnings per share (in dollars per share) | $ 4.70 | $ 4.05 | $ 3.03 |
| Weighted average common shares outstanding (in shares) | 316,530 | 318,811 | 319,282 |
| Diluted earnings per share attributable to Republic Services, Inc. stockholders: | |||
| Diluted earnings per share (in dollars per share) | $ 4.69 | $ 4.04 | $ 3.02 |
| Weighted average common and common equivalent shares outstanding (in shares) | 317,080 | 319,425 | 319,836 |
| Cash dividends per common share ( in dollars per share) | $ 1.91 | $ 1.77 | $ 1.66 |
RSG Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 143.4 | $ 29.0 |
| Accounts receivable, less allowance for doubtful accounts and other of $51.9 and $38.5, respectively | 1,677.2 | 1,271.4 |
| Prepaid expenses and other current assets | 536.5 | 410.4 |
| Total current assets | 2,357.1 | 1,710.8 |
| Restricted cash and marketable securities | 127.6 | 139.0 |
| Property and equipment, net | 10,744.0 | 9,232.1 |
| Goodwill | 14,451.5 | 12,826.0 |
| Other intangible assets, net | 347.2 | 259.5 |
| Other assets | 1,025.5 | 787.6 |
| Total assets | 29,052.9 | 24,955.0 |
| Current liabilities: | ||
| Accounts payable | 1,221.8 | 910.0 |
| Notes payable and current maturities of long-term debt | 456.0 | 8.2 |
| Deferred revenue | 443.0 | 381.3 |
| Accrued landfill and environmental costs, current portion | 132.6 | 124.5 |
| Accrued interest | 79.0 | 62.1 |
| Other accrued liabilities | 1,058.3 | 929.5 |
| Total current liabilities | 3,390.7 | 2,415.6 |
| Long-term debt, net of current maturities | 11,329.5 | 9,546.2 |
| Accrued landfill and environmental costs, net of current portion | 2,141.3 | 1,837.7 |
| Deferred income taxes and other long-term tax liabilities, net | 1,528.8 | 1,229.5 |
| Insurance reserves, net of current portion | 315.1 | 303.9 |
| Other long-term liabilities | 660.7 | 642.4 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock, par value $0.01 per share; 50 shares authorized; none issued | 0.0 | 0.0 |
| Common stock, par value $0.01 per share; 750 shares authorized; 320.3 and 319.6 issued including shares held in treasury, respectively | 3.2 | 3.2 |
| Additional paid-in capital | 2,843.2 | 2,789.5 |
| Retained earnings | 7,356.3 | 6,475.6 |
| Treasury stock, at cost; 4.2 and 2.4 shares, respectively | (504.6) | (274.8) |
| Accumulated other comprehensive income, net of tax | (12.1) | (14.6) |
| Total Republic Services, Inc. stockholders’ equity | 9,686.0 | 8,978.9 |
| Non-controlling interests in consolidated subsidiary | 0.8 | 0.8 |
| Total stockholders’ equity | 9,686.8 | 8,979.7 |
| Total liabilities and stockholders’ equity | $ 29,052.9 | $ 24,955.0 |