Sector: Industrials|Industry: Waste Management|Market Cap: $63.71B|Employees: 41K
Republic Services, Inc. is one of the largest providers of environmental services in the United States and Canada. The company's core business model revolves around collecting, recycling, and disposing of waste materials, including solid, industrial, and hazardous waste. They operate through a vertically integrated platform with a strong geographic presence across North America, focusing on sustainable solutions and leveraging their digital capabilities to enhance customer experience.
Republic Services reported a revenue of $3,861.7 million for the three months ended March 31, 2024, compared to $3,581.1 million for the same period in 2023, indicating a solid increase in revenue generation.
The company's net income attributable to Republic Services, Inc. reached $453.8 million for the three months ended March 31, 2024, compared to $383.9 million for the same period in 2023, demonstrating improved profitability.
The diluted earnings per share for the three months ended March 31, 2024 was $1.44, up from $1.21 for the same period in 2023, reflecting enhanced profitability on a per-share basis.