Republic Services Inc

RSG
Passed

Company Overview

Republic Services, Inc. engages in the provision of environmental services. It operates through the following segments: Group 1, Group 2, and Group 3. The Group 1 segment focuses on the business of recycling and solid waste in geographic areas located in western United States. The Group 2 segment includes the recycling and solid waste business in geographic areas located in the southeastern and mid-western and the eastern seaboard of the United States. The Group 3 segment includes environmental solutions business in geographic areas located across the United States and Canada. The company was founded in 1996 and is headquartered in Phoenix, AZ.

Country
US
Market Cap
$51.64B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.02% passed
5% Threshold
0.0%
Liabilities Compliance
25.44% passed
33% Threshold
25.4%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Republic Services Inc
Ticker RSG
Main Business Waste Management
Type Common Stock
Industry Waste Management
Country US
Market Cap $51.64 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Recycling and solid waste business operating primarily in geographic areas located in the western United $6,140.0 $0.0 -
Recycling and solid waste business operating primarily in geographic areas located in the southeastern a $5,970.0 $0.0 -
Environmental solutions business $1,220.0 $0.0 -
Corporate entities and other $186.5 $0.0 -
Interest income $3.3 $3.3 -
Total $13,519.8 $3.3 0.02% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $987,100,000.0 1.91%
long term debt and capital lease obligation $12,080,000,000.0 23.39%
derivative product liabilities $71,300,000.0 0.14%
Total Interest-Bearing Debt $13,138,400,000.0 25.44%
Market Capitalization $51,641,566,500.0 100.00%
Compliance Status Threshold: 33% passed