Republic Services, Inc. RSG

Revenue growth is being driven, in part, by SG&A investments, with a log-log elasticity of about 0.58, meaning a 1% rise in SG&A is associated with roughly 0.58% higher revenue. That SG&A-driven revenue lever implies a moderate ROI from selling and administration spend, though profitability depends on margins not provided. The model shows solid predictive performance, with a 2.9% MAPE and a holdout test of predicted $4.8B vs actual $4.7B (-0.8% error). The FY revenue forecast is $20B, up about 2.9% year over year, indicating a steady growth trajectory supported by the same revenue-driving dynamic.