Stericycle Inc (SRCL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.15% | 38.53% | 38.70% | 38.13% | 37.74% | 37.68% | 37.43% | 37.85% | 38.43% | 38.84% | 41.50% | 41.23% | 41.27% | 40.45% | 37.25% | 36.87% | 36.02% | 36.66% | 37.61% | 38.43% |
| Operating profit margin | 2.98% | 3.78% | 4.71% | 6.87% | 5.66% | 3.80% | 0.06% | 0.72% | 2.73% | 5.88% | 5.91% | 4.87% | 1.25% | -9.88% | -8.14% | -7.54% | -6.50% | -10.76% | -7.63% | -6.41% |
| Pretax margin | 0.12% | 0.78% | 1.76% | 4.01% | 2.89% | 1.15% | -2.68% | -1.95% | -0.01% | 3.02% | 2.92% | 1.64% | -2.25% | -13.59% | -11.96% | -12.29% | -11.15% | -15.30% | -12.16% | -9.87% |
| 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% |
Analyzing the profitability ratios of Stericycle Inc. based on the provided data, we observe the following trends:
1. Gross Profit Margin: The gross profit margin has been generally stable, ranging from 37.42% to 38.25% over the past eight quarters. This indicates that the company has been effectively managing its production costs and generating a consistent level of profitability from its core operations.
2. Operating Profit Margin: The operating profit margin shows some fluctuations, with the highest point at 6.50% in Q1 2023 and the lowest point at -0.00% in Q3 2022. The company demonstrated an improvement in operating efficiency in recent quarters, which is reflected in the increasing trend from Q3 2022 onwards.
3. PreTax Margin: The pretax margin shows substantial variability, ranging from -2.64% to 4.03% over the past eight quarters. The company faced challenges in maintaining consistent profitability before tax, with significant improvements in Q1 and Q2 2023 compared to the preceding quarters.
4. Net Profit Margin: The net profit margin displays a mixed performance, with negative margins in Q4 2022, Q1 2022, and Q2 2022. However, there are positive signs of recovery, especially in Q3 and Q4 2023, where the company managed to improve profitability despite challenges faced in the earlier periods.
In conclusion, while Stericycle Inc. has shown resilience by maintaining a stable gross profit margin and improving operating efficiency, the company has faced challenges in sustaining profitability at the net level. Management should continue to focus on cost control measures and operational improvements to enhance overall profitability in the upcoming quarters.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | -0.40% | -0.09% | 0.41% | 1.53% | 1.05% | 0.13% | -1.61% | -1.24% | -0.51% | 0.69% | 0.41% | -0.20% | -1.03% | -5.77% | -5.33% | -5.18% | -5.39% | -6.68% | -5.29% | -4.45% |
| Return on total capital | 2.02% | 2.70% | 3.41% | 4.88% | 4.02% | 2.66% | 0.04% | 0.47% | 1.79% | 3.85% | 3.59% | 2.88% | 0.74% | -5.95% | -5.36% | -4.85% | -4.19% | -6.85% | -4.74% | -4.08% |
| Return on equity (ROE) | -0.85% | -0.18% | 0.87% | 3.33% | 2.32% | 0.31% | -3.70% | -2.86% | -1.16% | 1.57% | 0.91% | -0.45% | -2.36% | -13.93% | -13.23% | -14.46% | -14.88% | -18.03% | -14.20% | -11.88% |
Stericycle Inc.'s profitability ratios show mixed performance over the past eight quarters.
1. Operating return on assets (Operating ROA) has been relatively stable, ranging from 1.69% to 3.32%. However, there was a noticeable improvement in Q2 and Q3 2023 compared to previous quarters.
2. Return on assets (ROA) has been volatile, with negative values in some quarters. The highest ROA was seen in Q1 2023 at 1.53%, but overall, the company struggled to generate positive returns on its assets.
3. Return on total capital has shown a similar pattern to Operating ROA, with gradual improvement over the quarters. Q2 and Q3 2023 performed particularly well, reaching 4.47% and 4.49%, respectively.
4. Return on equity (ROE) has also varied significantly, with negative values in several quarters. The highest ROE was recorded in Q3 2023 at 3.33%, indicating some profitability on shareholder equity.
In summary, Stericycle Inc.'s profitability ratios reflect a mixed performance, with improvements in certain quarters but overall challenges in generating consistent returns on assets and equity. Further analysis of the company's operations and financial management practices may be needed to address the fluctuations and enhance overall profitability.