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 Ratings3.4More
Overall CultureDMore
View Jobs (274)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)7,000(+13%)
Job Openings274
Revenue (FY, 2020)$1.2 B(+18%)
Share Price (Apr 2021)$88.7
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
Jason Lindwall

Jason Lindwall

COO
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RealPage Office Locations

RealPage has offices in Richardson, Alpharetta, Hackensack, Irvine and in 8 other locations
Richardson, TX, US (HQ)
2201 Lakeside Blvd
Alpharetta, GA, US
4550 North Point Pkwy #410
Hackensack, NJ, US
433 Hackensack Ave #601
Irvine, CA, US
330 Commerce #100
Quincy, MA, US
1354 Hancock St #202
San Diego, CA, US
3043 Fourth Ave
Show all (12)

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

B

83/100

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

September 20, 2021

Student Housing Pre-Leasing Rebounds to Pre-Pandemic Norms

While student housing pre-leasing started slowly, leasing bounced back to pre-pandemic levels by the end of the Fall 2021 pre-leasing season. As of August, the final month in the pre-lease season, occupancy across the universities that make up the RealPage 175 hit an average of 92%. That rate ranks …
September 17, 2021

Small Southern California Markets in Solid Shape

Despite struggles seen in the large metros, the smaller Southern California apartment markets are some of the best performers nationwide, with occupancy reaching beyond the 98% mark and rent growth hitting record levels well beyond historical norms. In the past year, these smaller markets benefited …
September 17, 2021

Solid Performance in Northern California Wine Country

Historically tight apartment occupancy in Northern California’s Wine Country tightened even further in August, accelerating well beyond the U.S. average. In Santa Rosa, occupancy climbed at one of the fastest rates in the nation, hiking 260 basis points above the year-ago rate to 97.7%. In neighbori…
September 16, 2021

Student Housing Sees Highest Rent Growth in Years

After a year of ups and downs, student housing operators wrapped the Fall 2021 leasing season strong in terms of pricing. Student housing rents ended the leasing season up 2.3% from the previous August, the best year-end rent growth since 2016 when rent growth hit 2.6%. This year’s strong rate also …
September 16, 2021

Unemployment Claims Rise After Hitting Pandemic-Era Low

The number of Americans filing initial unemployment claims ticked up, a sign the spread of the COVID-19 Delta variant may have increased layoffs, as Americans are discouraged from traveling, staying in hotels and eating out. Seasonally adjusted initial claims, a proxy for layoffs, rose to 332,000 in…
September 15, 2021

September Rent Payments Mostly Get Back on Track

After rent collections at the country’s professionally managed apartments got off to a rough start in September, payment levels climbed sharply during the second week of the month. Results still were not quite back to normal, however, due to difficulties in markets hit hard by Hurricane Ida. Looking…
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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, Hackensack, Irvine and in 8 other locations.

  • How many offices does RealPage have?

    RealPage has 12 offices.