RealPage

OverviewSuggest Edit

RealPage, Inc. is the provider of comprehensive property management software solutions for the multifamily, commercial, single-family and vacation rental housing industries. These solutions help property owners increase efficiency, decrease expenses, enhance the resident experience and generate more revenue. Using its SaaS platform, RealPage’s on-demand software enables easy system integration and streamlines online property management. The Company's product line covers the full spectrum of property management, leasing and marketing, asset optimization and resident services solutions.
TypePublic
Founded1995
HQRichardson, TX, USMap
Websiterealpage.com
Employee Ratings3More
Overall CultureDMore
View Jobs (212)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)7,000(+13%)
Job Openings212
Revenue (FY, 2020)$1.2 B(+18%)
Share Price (Apr 2021)$88.7
Cybersecurity ratingAMore

Key People/Management at RealPage

Andrew Jenkins

Andrew Jenkins

Vice President
Henry Pye

Henry Pye

Vice President
Michael Britti

Michael Britti

Executive Vice President of Mergers & Acquisitions and Emerging Markets
Greg Willett

Greg Willett

Chief Economist
Keith Dunkin

Keith Dunkin

SVP, Asset Optimization
Jason Lindwall

Jason Lindwall

COO
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RealPage Office Locations

RealPage has offices in Richardson, Alpharetta, Ann Arbor, Atlanta and in 13 other locations
Richardson, TX, US (HQ)
2201 Lakeside Blvd
Alpharetta, GA, US
4550 North Point Pkwy #410
Ann Arbor, MI, US
2725 S Industrial Hwy #300
Atlanta, GA, US
Paces Cumberland, 2675 Paces Ferry Rd SE #100
Campbell, CA, US
307 Orchard City Dr #350
Greenville, SC, US
50 International Dr #125
Show all (17)

RealPage Financials and Metrics

RealPage Revenue

RealPage's revenue was reported to be $1.16 b in FY, 2020
USD

Revenue (FY, 2020)

1.2b

Net income (FY, 2020)

46.3m

EBIT (FY, 2020)

102.8m

Market capitalization (26-Apr-2021)

9.1b

Closing stock price (26-Apr-2021)

88.7

Cash (31-Dec-2020)

594.7m

EV

9.3b
RealPage's current market capitalization is $9.1 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

258.0m322.2m377.0m404.6m468.5m568.1m671.0m869.5m988.1m1.2b

Revenue growth, %

7%16%21%

Cost of goods sold

105.7m128.6m148.3m174.9m198.6m242.3m273.4m328.4m

Gross profit

152.3m193.6m228.7m229.7m269.9m325.8m397.5m541.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

61.6m67.7m74.4m83.2m89.0m94.5m98.1m100.6m95.0m104.5m110.5m114.8m121.6m128.4m142.7m148.0m152.9m161.3m169.1m201.3m216.3m225.0m234.3m243.9m255.2m276.7m278.6m290.2m

Cost of goods sold

25.8m27.6m30.6m32.9m35.4m37.3m38.1m39.9m42.1m46.3m47.7m49.6m52.9m54.7m62.1m64.1m63.0m67.5m69.3m76.7m

Gross profit

35.8m40.1m43.8m50.3m53.6m57.1m60.0m60.6m52.9m58.2m62.7m65.2m68.7m73.6m80.6m83.8m89.9m93.8m99.7m124.6m

Gross profit Margin, %

58%59%59%60%60%60%61%60%56%56%57%57%57%57%57%57%59%58%59%62%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

51.3m33.8m34.5m26.9m30.9m104.9m69.3m228.2m197.2m594.7m

Accounts Receivable

43.9m51.9m66.6m64.8m74.2m124.5m123.6m143.1m145.7m

Prepaid Expenses

10.2m6.5m7.5m9.5m8.3m12.1m19.2m24.5m29.6m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

112.0m47.5m49.6m45.8m36.2m22.8m34.3m44.0m42.1m39.2m30.7m27.8m29.3m18.6m57.5m46.7m69.1m59.5m324.6m109.3m101.6m373.2m279.9m252.7m261.6m270.2m184.3m638.6m612.1m

Accounts Receivable

33.6m36.7m42.6m43.8m45.4m54.7m58.9m58.4m62.6m60.0m63.7m60.8m65.5m68.5m76.2m80.2m83.4m88.1m89.7m101.2m101.0m112.5m114.4m125.1m128.1m131.4m131.6m129.7m130.1m

Prepaid Expenses

8.2m12.1m10.1m10.9m7.1m9.6m8.4m8.3m8.0m8.3m9.6m8.7m8.5m9.6m10.4m11.2m11.3m13.0m13.3m14.6m15.4m15.5m20.2m19.7m17.4m21.3m26.9m28.6m34.8m

Current Assets

171.3m117.3m125.1m125.1m111.4m116.2m130.0m163.9m167.5m161.3m187.9m214.6m215.1m210.9m255.0m236.8m264.0m261.7m540.2m323.7m340.4m619.5m523.3m512.6m537.5m599.4m611.6m1.1b1.0b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(1.2m)5.2m20.7m(10.3m)(9.2m)16.7m377.0k34.7m58.2m46.3m

Depreciation and Amortization

29.1m14.2m31.7m41.3m45.9m54.8m67.1m100.2m115.0m138.8m

Accounts Payable

4.2m(2.8m)1.8m1.8m(806.0k)652.0k268.0k1.3m9.3m(1.3m)

Cash From Operating Activities

49.2m58.4m69.2m70.0m96.0m136.2m137.3m244.8m317.0m276.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(366.0k)(1.5m)1.7m(652.0k)1.5m1.0m5.6m18.5m(836.0k)(7.1m)(10.4m)(1.6m)(4.9m)(13.1m)3.0m5.1m9.3m8.2m14.4m21.2m10.9m19.4m28.5m11.3m26.3m38.0m5.6m16.9m33.2m

Depreciation and Amortization

14.0m21.5m7.9m6.9m10.3m4.1m7.3m22.8m9.5m19.6m30.5m10.6m21.9m33.8m12.6m26.8m40.9m14.4m29.5m45.8m23.3m48.4m74.0m27.8m56.8m86.1m33.6m67.9m102.6m

Accounts Payable

1.9m1.5m(890.0k)(387.0k)(2.3m)2.8m3.0m3.9m4.0m7.5m3.1m170.0k1.1m(726.0k)1.1m62.0k356.0k1.1m4.1m3.7m6.9m5.9m4.0m4.0m6.0m7.8m(887.0k)1.1m(655.0k)

Cash From Operating Activities

19.2m29.7m10.9m32.2m41.2m17.2m34.6m51.6m23.6m42.7m50.1m22.5m48.8m68.5m29.0m60.6m105.1m34.2m80.5m106.3m70.8m102.2m135.0m4.0m73.4m186.1m61.6m157.6m208.1m
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USDQ2, 2011

Financial Leverage

1.9 x
Show all financial metrics

RealPage Operating Metrics

RealPage's Customers was reported to be 12 k in Aug, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Aug, 2020

Ending on Demand Units

9.56 k9.7 k10.3 k10.41 k10.57 k11 k11.14 k11.25 k10.99 k11.11 k11.49 k12.25 k

Average on Demand Units

9.36 k9.63 k10 k10.35 k10.12 k10.78 k11.07 k11.2 k11.04 k11.05 k11.3 k11.87 k

Customers

10.7 k11.9 k11 k12 k
Show all operating metrics

RealPage Acquisitions / Subsidiaries

Company NameDateDeal Size
STRATISAugust 31, 2020
Investor Management ServicesDecember 11, 2019
SimpleBills CorporationJuly 29, 2019
RentlyticsOctober 12, 2018$57 m

RealPage Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

Learn more about our premium products
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RealPage Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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RealPage Online and Social Media Presence

RealPage's Trends

Embed Graph

RealPage Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    73/100

Learn more on Comparably

RealPage News and Updates

February 01, 2021

REALPAGE (RP) STOCKHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of RealPage, Inc. Following Agreement to Sell the Company

PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating RealPage, Inc. (“RealPage”) (NASDAQ: RP) on behalf of the company’s stockholders.
January 21, 2021

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of RealPage, Inc. - RP

NEW YORK, Jan. 20, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...
January 19, 2021

RP INVESTOR ALERT: Kaskela Law LLC Announces Investigation of RealPage, Inc.

PHILADELPHIA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating RealPage, Inc. (“RealPage”) (NASDAQ: RP) on behalf of the company’s stockholders.
January 01, 2021

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of RealPage, Inc. (RP) and Encourages Shareholders to Contact the Firm

PHILADELPHIA, Dec. 31, 2020 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating RealPage, Inc. ("RealPage") (NASDAQ: RP) on behalf of the company's shareholders. RealPage shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (484) 258 – 1585,...
December 21, 2020

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of RealPage, Inc. Buyout

WILMINGTON, Del., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating RealPage, Inc. (“RealPage”) (NASDAQ GS: RP) regarding possible breaches of fiduciary duties and other violations of law related to RealPage’s agreement to be acquired by affiliates of …
December 21, 2020

Thoma Bravo to acquire RealPage property management platform for $10.2B

The busy year in M&A continued this weekend when private equity firm Thoma Bravo announced it was acquiring RealPage for $10.2B. In RealPage, Thoma Bravo is getting a full-service property management platform with services like renter portals, site management, expense management and financial an…
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RealPage Blogs

June 11, 2021

Downtown Los Angeles Sees Sizable Apartment Inventory Growth

Like a lot of other apartment markets across the country, Los Angeles has experienced a big run-up in urban core building during the past decade. About 18,300 market-rate units have been built in the Downtown Los Angeles submarket since early 2010. That’s more than double the completion volumes in n…
June 11, 2021

Rent Growth Accelerates in Louisville

While apartment rent growth in Louisville lagged the national norm in pre-pandemic times, notably improvement has put the market out front in the past year. In fact, after faring the COVID-19 pandemic-induced recession with only mild impacts, annual effective asking rent growth in Kentucky’s largest…
June 10, 2021

Unemployment Claims Continue to Decline

Fewer Americans are filing new claims for unemployment benefits, as the U.S. economy rapidly reopens and more employers begin hiring again. In the week-ending June 5, roughly 376,000 Americans filed initial jobless claims, a decrease of 9,000 from the previous week, according to the U.S. Department …
June 10, 2021

Unlikely Markets Boost Apartment Pricing

Apartment pricing remained largely resilient throughout the COVID-19 pandemic, bolstered by a steady rise in activity in metro areas that historically have not been considered premier markets. Transactions in markets such as Salt Lake City and Indianapolis helped send overall U.S. pricing up 2.3% in…
June 09, 2021

New York Migration Loss Maintains Demand Headwinds

The loss of households to net migration has gotten progressively more severe in New York in the past few years. More than 170,000 people, on net, moved out of New York in 2020, according to recent population trends released by the U.S. Census Bureau. This has been a consistent theme for several year…
June 09, 2021

Student Housing Performance Nears Pre-Pandemic Norms

The student housing sector continues to rebound, with May’s impressive performance pushing the industry closer to pre-pandemic norms. Confidence on the part of both student residents and operators improved again in May as more and more universities solidified Fall 2021 reopening plans, vaccines beca…
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 RealPage Frequently Asked Questions

  • When was RealPage founded?

    RealPage was founded in 1995.

  • Who are RealPage key executives?

    RealPage's key executives are Andrew Jenkins, Henry Pye and Michael Britti.

  • How many employees does RealPage have?

    RealPage has 7,000 employees.

  • What is RealPage revenue?

    Latest RealPage annual revenue is $1.2 b.

  • What is RealPage revenue per employee?

    Latest RealPage revenue per employee is $165.5 k.

  • Who are RealPage competitors?

    Competitors of RealPage include Black Knight, CoreLogic and Entrata.

  • Where is RealPage headquarters?

    RealPage headquarters is located at 2201 Lakeside Blvd, Richardson.

  • Where are RealPage offices?

    RealPage has offices in Richardson, Alpharetta, Ann Arbor, Atlanta and in 13 other locations.

  • How many offices does RealPage have?

    RealPage has 17 offices.