Republic Services Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.90B | $12.07B | $11.36B | $11.01B | $10.63B | $10.14B | $9.73B | $9.76B |
| Residential Collection | — | — | — | — | — | — | — | — |
| Commercial Collection | — | — | — | — | — | — | — | — |
| Industrial Collection | — | — | — | — | — | — | — | — |
| Other Collection | — | — | — | — | — | — | — | — |
| Transfer | — | — | — | — | — | — | — | — |
| Landfill | — | — | — | — | — | — | — | — |
| Recycling | — | — | — | — | — | — | — | — |
| Environmental Solutions | — | — | — | — | — | — | — | — |
| Other | — | — | — | — | — | — | — | — |
| Intercompany Elimination | — | — | — | — | — | — | — | — |
| Cost of Revenue | $6.15B | $6.21B | $5.76B | $5.52B | $5.64B | $5.23B | $5.01B | $4.87B |
| Gross Profit | $5.75B | $5.86B | $5.59B | $5.49B | $4.98B | $4.91B | $4.73B | $4.89B |
| Gross Margin | 48.3% | 48.5% | 49.2% | 49.9% | 46.9% | 48.4% | 48.6% | 50.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.06B | $1.06B | $969.8M | $983.1M | $918.9M | $853.8M | $820.9M | $825.4M |
| Operating Income | $1.74B | $1.67B | $1.54B | $1.56B | $1.23B | $1.21B | $1.32B | $1.55B |
| Operating Margin | 14.6% | 13.8% | 13.5% | 14.2% | 11.6% | 11.9% | 13.6% | 15.9% |
| Interest Expense | $383.8M | $361.9M | $371.3M | $364.9M | $348.7M | $360.0M | $388.5M | $440.2M |
| Pretax Income | $1.32B | $1.28B | $965.9M | $1.20B | $885.3M | $851.2M | $823.9M | $906.3M |
| Income Tax Expense | $283.3M | $3.1M | $352.7M | $445.5M | $337.4M | $262.1M | $251.8M | $317.4M |
| Net Income | $1.04B | $1.28B | $612.6M | $749.9M | $547.6M | $588.9M | $571.8M | $589.2M |
| Net Margin | 8.7% | 10.6% | 5.4% | 6.8% | 5.2% | 5.8% | 5.9% | 6.0% |
| EPS (Basic) | $3.17 | $3.79 | $1.79 | $2.14 | $1.54 | $1.63 | $1.56 | $1.57 |
| EPS (Diluted) | $3.16 | $3.77 | $1.78 | $2.13 | $1.53 | $1.62 | $1.55 | $1.56 |
| Shares Outstanding (Basic) | 326.9M | 337.1M | 343.0M | 350.0M | 356.7M | 362.1M | 366.9M | 376.0M |
| Shares Outstanding (Diluted) | 328.4M | 339.0M | 344.4M | 351.4M | 358.1M | 363.4M | 368.0M | 377.6M |
| Dividends Per Share | $1.44 | $1.33 | $1.24 | $1.16 | $1.08 | $0.99 | $0.91 | $0.84 |