Stericycle Inc (SRCL)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 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% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $-21,400K ÷ $5,352,600K
= -0.40%
Stericycle Inc.'s return on assets (ROA) has shown fluctuations over the past eight quarters. In Q4 2023 and Q3 2023, the company reported negative ROA figures of -0.40% and -0.09% respectively, indicating that the company's assets generated losses during those periods. However, in Q2 2023 and Q1 2023, Stericycle Inc. experienced improvements in its ROA, with figures of 0.41% and 1.53% respectively, suggesting that the company was able to generate more profits from its assets in those quarters.
Comparing the recent performance to previous quarters, Q4 2022 also saw a positive ROA of 1.05%, while the following quarters had lower ROA figures. Notably, Q2 2022 and Q1 2022 recorded significantly negative ROA values of -1.61% and -1.24% respectively.
Overall, Stericycle Inc.'s ROA has been volatile, with periods of negative and positive returns. Investors and stakeholders should closely monitor future ROA trends to assess the company's ability to effectively utilize its assets to generate profits.
Peer comparison
Dec 31, 2023