Stericycle Inc (SRCL)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -21,400 | -4,500 | 21,500 | 81,500 | 56,100 | 7,100 | -86,900 | -68,100 | -27,800 | 37,900 | 22,700 | -11,100 | -57,300 | -325,100 | -303,100 | -329,100 | -346,800 | -445,900 | -363,200 | -305,000 |
| Revenue (ttm) | US$ in thousands | 2,591,300 | 2,627,500 | 2,668,500 | 2,733,000 | 2,717,600 | 2,702,000 | 2,649,700 | 2,642,600 | 2,646,700 | 2,677,200 | 2,571,500 | 2,493,200 | 2,551,900 | 2,628,400 | 2,929,000 | 3,157,300 | 3,260,700 | 3,338,400 | 3,360,400 | 3,421,000 |
| Net profit margin | -0.83% | -0.17% | 0.81% | 2.98% | 2.06% | 0.26% | -3.28% | -2.58% | -1.05% | 1.42% | 0.88% | -0.45% | -2.25% | -12.37% | -10.35% | -10.42% | -10.64% | -13.36% | -10.81% | -8.92% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-21,400K ÷ $2,591,300K
= -0.83%
The net profit margin of Stericycle Inc. has exhibited fluctuations over the past eight quarters. In Q4 2023, the company reported a net profit margin of -0.80%, indicating a negative margin, which suggests that expenses exceeded revenues during that period. This was a decrease from the previous quarter Q3 2023, where the margin was -0.17%.
However, looking back to Q2 2023, Stericycle Inc. experienced an improvement in profitability with a net profit margin of 0.79%, which further increased in Q1 2023 to 2.99%. These positive margins indicate that the company generated profits relative to its revenues during these quarters.
Comparing to the same quarter a year ago, there has been some variability. In Q4 2022 and Q3 2022, Stericycle Inc. reported net profit margins of 2.07% and 0.26% respectively, showing a decline in profitability. Additionally, the company faced challenges in Q2 2022 and Q1 2022, with net profit margins of -3.28% and -2.58% respectively, both reflecting negative margins.
Overall, the net profit margin trend for Stericycle Inc. highlights the company's varying profitability performance in recent quarters, with a mix of positive and negative margins impacting its financial health and bottom line.
Peer comparison
Dec 31, 2023