Grufity logoGrufity logo

Republic Services Inc Stock Research

RSG

128.80USD-0.67(-0.52%)Market Closed

Market Summary

USD128.80-0.67
Market Closed
-0.52%

RSG Alerts

RSG Stock Price

RSG RSI Chart

RSG Valuation

Market Cap

40.8B

Price/Earnings (Trailing)

27.4

Price/Sales (Trailing)

3.02

EV/EBITDA

14.52

Price/Free Cashflow

23.48

RSG Price/Sales (Trailing)

RSG Profitability

EBT Margin

13.56%

Return on Equity

15.36%

Return on Assets

5.12%

Free Cashflow Yield

4.26%

RSG Fundamentals

RSG Revenue

Revenue (TTM)

13.5B

Revenue Y/Y

19.54%

Revenue Q/Q

-1.89%

RSG Earnings

Earnings (TTM)

1.5B

Earnings Y/Y

10.77%

Earnings Q/Q

-16.82%

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

Current Ratio

0.7

Debt/Equity

1.17

Debt/Cashflow

0.28

RSG Investor Care

Dividend Yield

1.48%

Dividend/Share (TTM)

1.91

Buy Backs (1Y)

0.67%

Diluted EPS (TTM)

4.69

Peers (Alternatives to Republic Services)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
61.8B
19.7B
-0.69% -1.34%
27.61
3.14
9.85% 23.24%
44.1B
8.4B
-0.31% 9.08%
34.32
5.27
12.71% 11.63%
40.8B
13.5B
-1.17% 0.17%
27.4
3.02
19.62% 15.28%
34.1B
3.7B
3.77% 14.74%
31.56
9.29
16.24% -0.79%
34.0B
7.2B
-2.25% -1.11%
40.69
4.71
17.24% 35.21%
MID-CAP
7.7B
3.5B
2.45% -11.66%
24.58
2.16
7.06% 25.10%
7.2B
5.2B
0.10% 26.16%
17.52
1.4
35.76% 102.58%
4.0B
1.1B
1.32% -9.26%
75.62
3.7
22.03% 29.15%
3.8B
2.7B
-24.13% -26.44%
67.29
1.41
2.18% 310.82%
SMALL-CAP
813.0M
709.3M
-7.51% 20.45%
10.93
1.15
37.64% 56.34%
127.7M
71.0M
43.50% 70.21%
-27.81
1.8
-14.94% -242.00%
12.1M
318.1M
-38.67% -27.86%
-0.36
0.04
19.84% 22.30%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.5%13,51112,93312,26911,66811,295
  S&GA Expenses5.6%1,4541,3781,3141,2381,196
EBITDA5.3%3,5793,3983,2823,181-
EBITDA Margin0.8%0.26*0.26*0.27*0.27*-
Earnings Before Taxes5.6%1,8321,7351,6981,6471,575
EBT Margin1.0%0.14*0.13*0.14*0.14*-
Interest Expenses9.2%396362335320315
Net Income2.3%1,4881,4541,3871,3471,290
Net Income Margin-2.0%0.11*0.11*0.11*0.12*-
Free Cahsflow2.4%1,7361,6951,5121,512-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.3%29,05328,40128,21324,88024,955
  Current Assets7.2%2,3572,1992,1411,6961,711
    Cash Equivalents76.2%14381.0011939.0029.00
  Inventory0.9%10110081.0072.00-
  Goodwill1.8%14,45214,19414,16612,83312,826
  Current Liabilities7.2%3,3913,1642,9352,2582,416
  Long Term Debt1.3%11,33011,18011,5909,6099,546
Shareholder's Equity2.1%9,6869,4909,2168,9858,979
  Retained Earnings2.6%7,3567,1676,9076,6816,476
  Additional Paid-In Capital0.4%2,8432,8312,8192,8052,790
Shares Outstanding0%317317317--
Minority Interest33.3%1.001.001.001.001.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations5.2%3,1903,0322,8672,8312,787
  Share Based Compensation0.3%39.0039.0040.0057.0057.00
Cashflow From Investing-0.9%-4,423-4,381-4,616-2,520-2,466
Cashflow From Financing-2.4%1,3441,3771,821-301-329
  Dividend Payments1.8%593583573563553
  Buy Backs-26.5%204277416443252

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 ascendingFund NameType% 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%

1–10 of 49

Latest Funds Activity

Are funds buying RSG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own RSG
No. of Funds

Republic Services News

Marketscreener.com

Republic Services, Inc. Sets Date for First Quarter 2023 Earnings Release and Conference Call.

Marketscreener.com,
14 hours ago

Fitch Ratings

Zacks Investment Research

InvestorPlace

Schedule 13G FIlings of Republic Services

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Jon V. Ark
35000
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

2022-12-31
Consolidated 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 operations8,205,0006,737,7006,100,500
Depreciation, amortization and depletion1,351,6001,185,5001,075,900
Accretion89,60082,70082,900
Selling, general and administrative1,454,3001,195,8001,053,000
Adjustment to withdrawal liability for multiemployer pension funds(1,600)034,500
(Gain) loss on business divestitures and impairments, net(6,300)50077,700
Restructuring charges27,00016,60020,000
Operating income2,391,7002,076,2001,709,100
Interest expense(395,600)(314,600)(355,600)
Loss from unconsolidated equity method investments(165,600)(188,500)(118,200)
Loss on extinguishment of debt00(101,900)
Interest income3,3002,5005,200
Other (expense) income, net(2,300)(500)4,100
Income before income taxes1,831,5001,575,1001,142,700
Provision for income taxes343,900282,800173,100
Net income1,487,6001,292,300969,600
Net income attributable to non-controlling interests in consolidated subsidiary0(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)316,530318,811319,282
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)317,080319,425319,836
Cash dividends per common share ( in dollars per share)$ 1.91$ 1.77$ 1.66

RSG Balance Sheet

2022-12-31
Consolidated 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, respectively1,677.21,271.4
Prepaid expenses and other current assets536.5410.4
Total current assets2,357.11,710.8
Restricted cash and marketable securities127.6139.0
Property and equipment, net10,744.09,232.1
Goodwill14,451.512,826.0
Other intangible assets, net347.2259.5
Other assets1,025.5787.6
Total assets29,052.924,955.0
Current liabilities:  
Accounts payable1,221.8910.0
Notes payable and current maturities of long-term debt456.08.2
Deferred revenue443.0381.3
Accrued landfill and environmental costs, current portion132.6124.5
Accrued interest79.062.1
Other accrued liabilities1,058.3929.5
Total current liabilities3,390.72,415.6
Long-term debt, net of current maturities11,329.59,546.2
Accrued landfill and environmental costs, net of current portion2,141.31,837.7
Deferred income taxes and other long-term tax liabilities, net1,528.81,229.5
Insurance reserves, net of current portion315.1303.9
Other long-term liabilities660.7642.4
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, par value $0.01 per share; 50 shares authorized; none issued0.00.0
Common stock, par value $0.01 per share; 750 shares authorized; 320.3 and 319.6 issued including shares held in treasury, respectively3.23.2
Additional paid-in capital2,843.22,789.5
Retained earnings7,356.36,475.6
Treasury stock, at cost; 4.2 and 2.4 shares, respectively(504.6)(274.8)
Accumulated other comprehensive income, net of tax(12.1)(14.6)
Total Republic Services, Inc. stockholders’ equity9,686.08,978.9
Non-controlling interests in consolidated subsidiary0.80.8
Total stockholders’ equity9,686.88,979.7
Total liabilities and stockholders’ equity$ 29,052.9$ 24,955.0