Republic Services (MEX:RSGA) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


MEX:RSGA Republic Services Inc MEX:RSGA
80 GF Score
Price MXN3,769.35
GF Value MXN3,967.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Republic Services Return-on-Tangible-Equity?

Republic Services MEX:RSGA 80 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates MEX:RSGA with a GF Score™ of 80/100 and a GF Value™ of MXN3,967.37 (Fairly Valued). The stock has 3 warning signs investors should review. Among 226 Waste Management companies, Republic Services ranks better than 99.56% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Republic Services's annualized net income for the quarter that ended in Mar. 2026 was MXN37,869 Mil. Republic Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN-99,062 Mil. Therefore, Republic Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Republic Services's Return-on-Tangible-Equity or its related term are showing as below:

MEX:RSGA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

MEX:RSGA's Return-on-Tangible-Equity is ranked better than
99.56% of 226 companies
in the Waste Management industry
Industry Median: 9.24 vs MEX:RSGA: Negative Tangible Equity

Republic Services  (MEX:RSGA) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Republic Services Return-on-Tangible-Equity Related Terms


Republic Services Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Republic Services's Return-on-Tangible-Equity 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.

Republic Services Return-on-Tangible-Equity Chart

Republic Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Republic Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

MEX:RSGA vs WCN, WM, CLH: Return-on-Tangible-Equity Comparison

For the Waste Management subindustry, Republic Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Republic Services Return-on-Tangible-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Republic Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Republic Services's Return-on-Tangible-Equity falls into.


MEX:RSGA
80GF Score
Republic Services Inc MEX:RSGA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Republic Services Return-on-Tangible-Equity Calculation

Republic Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=38514.192/( (-106843.751+-97266.791 )/ 2 )
=38514.192/-102055.271
=Negative Tangible Equity %

Republic Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=37868.672/( (-97266.791+-100856.891)/ 2 )
=37868.672/-99061.841
=Negative Tangible Equity %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Republic Services (MEX:RSGA) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Republic Services and its competitors. According to the industry distribution chart, Republic Services ranks #1 out of 226 companies in the Waste Management industry, placing it in the top 0.40000000000001%.
Is Republic Services' Return-on-Tangible-Equity too high?
Republic Services' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Republic Services ranks #1 out of 226 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Republic Services has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Republic Services' Return-on-Tangible-Equity compare to WCN and WM?
According to the Waste Management industry distribution chart, Republic Services ranks #1 out of 226 companies for Return-on-Tangible-Equity. This places Republic Services in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Waste Management company?
The median Return-on-Tangible-Equity among Waste Management companies is 9.24, based on 226 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Republic Services and its competitors. For the Waste Management industry, the median Return-on-Tangible-Equity is 9.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic Services's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic Services stock overvalued right now?
Based on GuruFocus' analysis, Republic Services (MEX:RSGA) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,967.37, compared to a current price of MXN3,769.35 — trading 5% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Republic Services' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Republic Services (MEX:RSGA), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Republic Services (MEX:RSGA) Overvalued in 2026?

Based on GuruFocus' analysis, Republic Services stock appears to be undervalued. The current stock price of MXN3,769.35 is trading 5% below its estimated GF Value™ of MXN3,967.37. GuruFocus considers Republic Services to be Fairly Valued.

Key valuation signals for MEX:RSGA:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: MXN3,967.37 vs. price of MXN3,769.35 (5% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the MEX:RSGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Republic Services Business Description

Address 5353 East City North Drive, Phoenix, AZ, USA, 85054
Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.
80GF Score

Get the complete analysis for MEX:RSGA

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,769.35
Price
MXN3,967.37
GF Value