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RSG (Republic Services) Gross Property, Plant and Equipment : $25,085 Mil (As of Sep. 2024)


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What is Republic Services Gross Property, Plant and Equipment?

Republic Services's quarterly gross PPE increased from Mar. 2024 ($24,343 Mil) to Jun. 2024 ($24,703 Mil) and increased from Jun. 2024 ($24,703 Mil) to Sep. 2024 ($25,085 Mil).

Republic Services's annual gross PPE increased from Dec. 2021 ($20,037 Mil) to Dec. 2022 ($22,516 Mil) and increased from Dec. 2022 ($22,516 Mil) to Dec. 2023 ($24,085 Mil).


Republic Services Gross Property, Plant and Equipment Historical Data

The historical data trend for Republic Services's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Republic Services Gross Property, Plant and Equipment Chart

Republic Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,900.20 18,776.60 20,037.30 22,515.80 24,085.20

Republic Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,173.70 24,085.20 24,342.90 24,703.10 25,084.60

Republic Services Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Republic Services  (NYSE:RSG) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Republic Services Gross Property, Plant and Equipment Related Terms

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Republic Services Business Description

Industry
Traded in Other Exchanges
Address
18500 North Allied Way, Phoenix, AZ, USA, 85054
Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 207 active landfills and 246 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.
Executives
Brian M Delghiaccio officer: EVP Chief Financial Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Tomago Collins director 18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Sandra M Volpe director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Amanda Hodges officer: EVP, Chief Marketing Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Ark Jon Vander officer: EVP-Chief Operating Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Gregg Brummer officer: EVP, COO 18500 N. ALLIED WAY, PHOENIX AZ 85054
Margaret Reynolds director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Rodriguez Courtney officer: EVP, Chief HR Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054
Jennifer M Kirk director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Michael A Duffy director C/O 18500 N. ALLIED WAY, PHOENIX AZ 85054
Timothy E Stuart officer: COO 18500 N ALLIED WAY, PHOENIX AZ 85054
Brian A Goebel officer: CAO 7025 E. GREENWAY PARKWAY, SUITE 100, SCOTTSDALE AZ 85254
Cascade Investment, L.l.c. 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Katrina Liddell officer: EVP, Chief Commercial Officer 18500 N. ALLIED WAY, PHOENIX AZ 85054