Stericycle Inc (SRCL)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 77,300 | 99,300 | 125,700 | 187,800 | 153,700 | 102,800 | 1,600 | 19,100 | 72,300 | 157,300 | 152,100 | 121,400 | 31,900 | -259,800 | -238,500 | -238,100 | -211,900 | -359,300 | -256,500 | -219,400 |
| Total assets | US$ in thousands | 5,352,600 | 5,246,100 | 5,213,100 | 5,332,000 | 5,334,100 | 5,340,600 | 5,408,000 | 5,477,100 | 5,473,100 | 5,469,500 | 5,517,100 | 5,531,400 | 5,581,900 | 5,633,200 | 5,685,300 | 6,353,200 | 6,437,000 | 6,676,300 | 6,869,700 | 6,850,700 |
| Operating ROA | 1.44% | 1.89% | 2.41% | 3.52% | 2.88% | 1.92% | 0.03% | 0.35% | 1.32% | 2.88% | 2.76% | 2.19% | 0.57% | -4.61% | -4.20% | -3.75% | -3.29% | -5.38% | -3.73% | -3.20% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $77,300K ÷ $5,352,600K
= 1.44%
The operating return on assets (operating ROA) of Stericycle Inc. has demonstrated fluctuating trends over the past eight quarters. In Q1 2022, the company reported a minimal operational ROA of 0.32%, gradually improving to peak at 3.32% in Q1 2023. Notably, there was a significant improvement in Q2 2023 where the operational ROA reached 3.25%. This indicates that Stericycle became more efficient in generating profits from its assets during this period.
However, it is important to note that in Q2 2022, Stericycle reported a negative operating ROA of -0.00%, which may raise concerns about the company's operational performance during that quarter. Overall, Stericycle's operational ROA seems to have stabilized and shown positive growth in recent quarters, suggesting that the company is effectively utilizing its assets to generate operating income.
Peer comparison
Dec 31, 2023