Stericycle Inc (SRCL)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,522,500 | 2,475,600 | 2,482,200 | 2,445,400 | 2,420,200 | 2,322,400 | 2,349,900 | 2,377,500 | 2,398,700 | 2,418,500 | 2,489,800 | 2,445,200 | 2,430,100 | 2,333,600 | 2,291,600 | 2,276,200 | 2,330,900 | 2,473,700 | 2,558,000 | 2,566,600 |
| 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% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-21,400K ÷ $2,522,500K
= -0.85%
To analyze Stericycle Inc.'s return on equity (ROE) based on the data provided, we observe a fluctuating trend over the past eight quarters. The ROE figures have shown inconsistency, ranging from negative values like -3.70% in Q2 2022 to positive values of 3.33% in Q1 2023. The company experienced a notably low ROE in Q2 2022, where it reached -3.70%, indicating a significant challenge in generating profits relative to shareholders' equity during that period.
Despite some improvements in subsequent quarters, such as Q1 2023 where the ROE was 3.33%, the fluctuations suggest potential volatility and uncertainty in the company's profitability and efficiency in utilizing shareholder equity. It is essential for investors and stakeholders to closely monitor and assess the company's operational performance and strategies to ensure sustainable and positive returns on equity in the future.
Peer comparison
Dec 31, 2023