Republic Services Inc
Exchange: NYSESector: IndustrialsIndustry: Waste Management
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world.
Current Price
$212.20
-1.29%GoodMoat Value
$171.06
19.4% overvaluedProfile
Valuation (TTM)
Market Cap$65.53B
P/E30.21
EV$80.60B
P/B5.48
Shares Out308.80M
P/Sales3.93
Revenue$16.70B
EV/EBITDA15.46
Republic Services Inc (RSG) Stock Analysis
GoodMoat Analysis
Republic Services is a high-quality waste management operator with a durable, asset-based moat, but it appears significantly overvalued relative to its estimated fair value. The stock trades at a premium to the GoodMoat target price, suggesting a low margin of safety for a value investor.
Read full analysis
Republic Services Inc (RSG) is a leading provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services in the United States. Its competitive advantages stem from a classic industrial moat: scale privilege and regulatory barriers. The business operates essential, hard-to-replicate infrastructure like landfills and transfer stations, where permitting and local opposition create high barriers to entry, granting it pricing power in its operating regions. Applying the GoodMoat framework, it would likely score well on criteria like scale, regulatory barriers, and pricing power, suggesting a durable competitive position. Financially, it shows strong fundamentals with a robust 20.0% operating margin and a solid 17.9% ROE. However, the valuation assessment is unfavourable. The current price of $215.84 is approximately 26% above the GoodMoat target of $171.06, indicating a negative margin of safety. With a P/E of 31.2x and modest revenue growth of 2.2% YoY, the stock is priced for perfection. Following the Decision Framework, while the business likely passes the Moat & Quality Gate, it fails the Valuation & Risk Gate. The lack of a margin of safety and the premium price make further investigation for a value-oriented entry point a low-priority exercise unless the price corrects significantly.
Market Cap$65.53B
Current Price$212.20
P/E Ratio30.21
Forward P/E—
PEG Ratio3.98
EPS$6.85
Book Value$38.76
P/B Ratio5.48
RSG Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 12.9% FCF growth (CAGR)
Cash vs Debt
Net Debt: 13.5B
Revenue
10.3B
FY19
10.2B
FY20
11.3B
FY21
13.5B
FY22
15.0B
FY23
16.0B
FY24
16.6B
FY25
Net Income
1.1B
FY19
967M
FY20
1.3B
FY21
1.5B
FY22
1.7B
FY23
2.0B
FY24
2.1B
FY25
RSG 52-Week Range
$197.73
$255.25
50-Day MA: $212.81200-Day MA: $217.77
Did you know?
RSG's revenue grew at a 8.3% CAGR over the last 6 years.
Republic Services Inc (RSG) Financial Summary
Republic Services Inc (RSG) is a Industrials company in the Waste Management industry, listed on NYSE. The stock currently trades at $212.20 with a market capitalization of $65.53B.
Key valuation metrics include a P/E ratio of 30.21, price-to-book ratio of 5.48, and EPS of $6.85. The company reports a profit margin of 13.0% and return on equity of 18.1%.
RSG Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $65.53B |
| P/E Ratio | 30.21 |
| EPS | $6.85 |
| P/B Ratio | 5.48 |
| P/S Ratio | 3.93 |
| EV/EBITDA | 15.46 |
| Dividend Yield | 1.13% |
| Profit Margin | 13.0% |
| Return on Equity | 18.1% |
| Debt/Equity | 1.13 |
RSG Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $10.30B | $1.07B |
| FY20 | $10.15B | $967.20M |
| FY21 | $11.29B | $1.29B |
| FY22 | $13.51B | $1.49B |
| FY23 | $14.96B | $1.73B |
| FY24 | $16.03B | $2.04B |
| FY25 | $16.59B | $2.14B |
Republic Services Inc (RSG) Valuation
Based on GoodMoat's DCF model, Republic Services Inc has a fair value estimate of $171.06. At the current price of $212.20, the stock appears 24.0% overvalued relative to our intrinsic value estimate.
RSG Quality Indicators
Republic Services Inc maintains a profit margin of 13.0% and an operating margin of 20.0%. Return on equity stands at 18.1%. The current ratio is 0.64. Debt-to-equity ratio is 1.13.
About Republic Services Inc
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste and field services. Republic's industry-leading commitments to advance circularity and support decarbonization are helping deliver on its vision to partner with customers to create a more sustainable world.
RSG Free Cash Flow
Republic Services Inc generated $2.42B in trailing twelve-month free cash flow, representing an FCF yield of 3.70%. This moderate FCF yield indicates reasonable cash generation.
RSG Shares Outstanding
Republic Services Inc has 0.31 billion shares outstanding at a share price of $212.20, giving it a market capitalization of $65.53B.
RSG Recent Insider Trades
Recent insider transactions at Republic Services Inc include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Carlsen Elyse (CAO) | SELL | 221 | $47811.14 |
| Unknown | BUY | 58,840 | $12.16M |
| Unknown | BUY | 78,150 | $15.41M |