Profile: Republic Services Inc (RSG)

RSG on New York Consolidated

39.58USD
26 Nov 2014
Price Change (% chg)

$0.09 (+0.22%)
Prev Close
$39.49
Open
$39.50
Day's High
$39.71
Day's Low
$39.39
Volume
560,340
Avg. Vol
1,718,486
52-wk High
$39.97
52-wk Low
$31.42

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Republic Services, Inc. (Republic), incorporated on December 20, 1996, is a provider of services in the domestic non-hazardous solid waste industry. Republic provides non-hazardous solid waste collection services for commercial, industrial, municipal and residential customers through 334 collection operations in 39 states and Puerto Rico. The Company owns or operates 194 transfer stations, 191 active solid waste landfills and 74 materials recovery facilities. It also operates 69 landfill gas and renewable energy projects. The Company operates in four geographical segments: Eastern, Midwestern, Southern and Western.

Collection Services

Republic provides solid waste collection services to commercial, industrial, municipal and residential customers through 334 collection operations. During the fiscal year ended December 31, 201 (fiscal 2011), 75% of the Company’s revenue was derived from collection services. Within the collection line of business, 35% of its revenue is from services provided to municipal and residential customers, 40% is from services provided to commercial customers, and 25% is from services provided to industrial and other customers. The Company’s residential collection operations involve the curbside collection of refuse from small containers into collection vehicles for transport to transfer stations or directly to landfills. It performs residential solid waste collection services under contracts with municipalities. It also performs residential solid waste collection services on a subscription basis, in which individual households’ contract directly with the Company.

The Company’s commercial and industrial collection operations supply the customers with waste containers of varying sizes. It also rent compactors to large waste generators. It performs commercial collection services under one- to three-year service agreements. The Company also provides waste collection services to industrial and construction facilities on a contractual basis with terms ranging from a single pickup to one year or longer. Its construction services are provided to the commercial construction and home building sectors. It collects the containers or compacted waste and transport the waste to either a landfill or a transfer station for disposal.

Transfer Services

Republic owns or operates 194 transfer stations. The Company’s collection operations deposit waste at these transfer stations, as do other private and municipal haulers, for compaction and transfer to disposal sites or materials recovery facilities. During the fiscal 2011, transfer services accounted for 5% of its revenue.

Disposal Services

Republic owns or operates 191 active landfills, which had approximately 37,000 permitted acres and total available permitted and probable expansion disposal capacity of approximately 4.8 billion in-place cubic yards. During the fiscal 2011, disposal services accounted for 13% of the Company’s revenue. It also has responsibility for 130 closed landfills, for which it has associated closure and post-closure obligations.

Recycling Services and Other Services

Republic owns or operates 74 materials recovery facilities and other recycling operations. These facilities generate revenue through the collection, processing, and sale of old corrugated cardboard (OCC), old newspaper (ONP), aluminum, glass and other materials. Most of these recyclable materials are internally collected by residential and industrial collection operations. Other revenue consists primarily of National Accounts revenue generated from nationwide contracts in markets outside the Company’s operating areas.

The Company competes with Waste Management, Inc.

Company Address

Republic Services Inc

18500 N. ALLIED WAY
PHOENIX   AZ   85054
P: +1480.6272700
F: +1302.6555049

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