Republic Services Inc
RSG: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$463.00 | Jthwt | Gzsyyjyx |
Republic Services Closes Out a Strong 2022; US Ecology Integration Going Well
Wide-moat-rated Republic Services reported strong fourth-quarter results that moderately outpaced our revenue and EPS expectations. Total fourth-quarter revenue increased 19.5% year over year, mostly driven by acquisitions (11.2%) and increased pricing and volume (8.4% and 1.5%, respectively). Republic Services’ pricing power remains robust and has reached record levels.