REPUBLIC SERVICES Poised to Benefit from Growing Commercial Dumpster Rental Industry

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Republic Services ($NYSE:RSG) Inc., one of the top providers of comprehensive waste and recycling services in the United States, is poised to benefit from the growth of the commercial dumpster rental industry. The industry is projected to experience robust growth over the foreseeable future, with a positive compound annual growth rate, according to a report published by Grand View Research, Inc. This is largely due to increasing demand for construction waste disposal services, especially in developing countries. Republic Services, Inc. is an American provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services.

By offering competitively priced services for residential, commercial, industrial and municipal customers, the company has the potential to increase its market share and expand its customer base. With a strong track record of delivering high-quality services and innovative waste solutions, Republic Services is well positioned to capitalize on the opportunity presented by this growing industry.

Share Price

On Friday, REPUBLIC SERVICES stock opened at $142.0 and closed at $141.1, down by 0.4% from its previous closing price of 141.7. This indicates that investors remain confident in the company’s ability to capitalize on the long-term growth of the industry. With its extensive network of waste management and recycling services, REPUBLIC SERVICES is ideally suited to take advantage of the increasing demand in the industry. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Republic Services. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Republic Services. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Republic Services. More…

Key Ratios Snapshot

Some of the financial key ratios for Republic Services are shown below. More…

Analysis

At GoodWhale, we have conducted an analysis of Republic Services‘ financial and business fundamentals to generate a risk rating. Our assessment is that Republic Services is a low risk investment. We have detected one risk warning in their income sheet, which our registered users can view via our platform. We have identified this potential risk, and information about it, so that our users can make an informed decision when considering investing in Republic Services. More…

Peers

Founded in 1998, Republic Services, Inc. is an industry leader in U.S. non-hazardous solid waste. They offer integrated, non-hazardous solid waste collection, transfer, disposal, recycling, and energy services across the United States. Headquartered in Phoenix, Arizona, they have approximately 33,000 employees and operate in 42 states. Their main competitors are Waste Management, Inc., Waste Connections, Inc., and Stericycle, Inc.

– Waste Management Inc ($NYSE:WM)

Waste Management Inc is an American waste management, comprehensive waste, and environmental services company in North America. The company is headquartered in Houston, Texas. It was founded in 1971.

Waste Management Inc has a market cap of 66.75B as of 2022. The company has a Return on Equity of 27.41%. Waste Management Inc is an American waste management, comprehensive waste, and environmental services company in North America.

– Waste Connections Inc ($NYSE:WCN)

Waste Connections Inc is a waste management company that has a market cap of 33.98B as of 2022. The company has a return on equity of 9.38%. The company provides waste management services to residential, commercial, and industrial customers in the United States and Canada.

– Stericycle Inc ($NASDAQ:SRCL)

Stericycle Inc is a provider of medical waste management services. The company has a market cap of 3.81B as of 2022 and a Return on Equity of 0.01%. Stericycle Inc’s primary business is providing medical waste management services to healthcare facilities and organizations. The company also provides other related services such as biohazardous waste disposal, sharps disposal, and pharmaceutical waste disposal.

Summary

Republic Services is one of the largest providers in the commercial dumpster rental industry. It has also grown its net income over the last several years, thanks to efficiency initiatives such as automation and cutting costs across the board. Republic Services has a strong competitive position in the industry, making it an attractive option for investors looking to gain exposure to this growing sector.