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 CultureC-More
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Latest Updates

Employees (est.) (Dec 2019)7,000(+13%)
Revenue (FY, 2019)$988.1 M(+14%)
Share Price (Jan 2021)$87
Cybersecurity ratingBMore

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
Goldrich Kest

Goldrich Kest

Executive Vice President
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RealPage Office Locations

RealPage has offices in Richardson, Alpharetta, Ann Arbor, Campbell and in 11 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
Campbell, CA, US
350 Orchard City Dr #100
Greenville, SC, US
50 International Dr #125
Hackensack, NJ, US
433 Hackensack Ave #601
Show all (15)

RealPage Financials and Metrics

RealPage Revenue

RealPage's revenue was reported to be $988.14 m in FY, 2019
USD

Revenue (Q3, 2020)

290.2m

Market capitalization (15-Jan-2021)

8.9b

Closing stock price (15-Jan-2021)

87.0

Cash (30-Sept-2020)

612.1m

EV

9.1b
RealPage's current market capitalization is $8.9 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

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

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, 2019

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

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, 2019

Net Income

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

Depreciation and Amortization

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

Accounts Payable

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

Cash From Operating Activities

49.2m58.4m69.2m70.0m96.0m136.2m137.3m244.8m317.0m
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 k9.70 k10.30 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 k11.20 k11.04 k11.05 k11.30 k11.87 k

Customers

10.70 k11.90 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

B

84/100

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

    C-

    62/100

  • CEO Rating

    F

    55/100

  • Compensation

    D+

    57/100

  • Diversity

    C

    64/100

Learn more on Comparably

RealPage News and Updates

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…
December 21, 2020

Real estate software and data analytics company RealPage to be acquired for $10.2 billion

RealPage, which develops cloud-based software and data analytics for the real estate sector, is to be acquired in a deal worth $10.2 billion.
December 21, 2020

Thoma Bravo to buy property tech firm RealPage in $10.2 billion deal

RealPage will be bought by Thoma Bravo in an all-cash deal that valued the property management software provider at about $10.2 billion, including debt.
November 19, 2020

Equipment Lease Management Software Market Growth Demand with International Opportunities by 2027 - RealPage, SMR Group, Trimble, Yardi Systems

The Insight Partners adds “Equipment Lease Management Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challen…
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RealPage Blogs

January 21, 2021

Newark Construction at All-Time High

Despite demand headwinds brought on by the COVID-19 health crisis, the Newark-Jersey City apartment market has more units under construction than ever recorded. With one of the nation’s most dramatic increases in apartment building activity, nearly 30,000 units are under way in Newark-Jersey City, w…
January 20, 2021

Memphis Momentum

After Memphis ranked among the nation’s apartment performance laggards for a very long time, local conditions improved in the 2018-2019 time frame. That momentum continued in the past year. There wasn’t necessarily any one thing that sent Memphis moving on a different path in the latter years of the…
January 19, 2021

How Quickly Will Apartment Rents Start Growing Again?

After the U.S. apartment market turned to rent cuts amid the economic recession of 2020, how long will it take for rents to recover? The answer varies based on whether you’re talking about the nation overall or specific local markets. At the end of 2020, annual effective asking rents for the nation …
January 18, 2021

North Carolina’s Higher-Wage Industries Holding Steady

High-wage job sectors have proven resilient in the major North Carolina apartment markets. Job sectors including Information, Financial Activities and Professional and Business Services (occupations earning more than $70,000 per year on average) in large North Carolina markets (Charlotte, Raleigh/Du…
January 18, 2021

All In on Indy?

Appealing apartment market performances are seen in much of the Midwest right now. That’s certainly the case in Indianapolis, where solid apartment demand and limited construction are yielding healthy occupancy and rent growth. The metro’s year-end 2020 occupancy rate stood at 95.1%, up 70 basis poi…
January 15, 2021

Today’s Hottest Apartment Market

There’s a new pecking order for local apartment market performances across the country. Expensive gateway cities are out (at least for the moment), and more affordable, traditionally less-popular options are in. The break-from-the pack star performer with the most momentum is clear: It’s the Inland …
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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 $988.1 m.

  • What is RealPage revenue per employee?

    Latest RealPage revenue per employee is $141.2 k.

  • Who are RealPage competitors?

    Competitors of RealPage include CoreLogic, Entrata and SMS Assist.

  • 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, Campbell and in 11 other locations.

  • How many offices does RealPage have?

    RealPage has 15 offices.