SRCL · Stericycle Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $648.40M | $661.60M | $664.90M | - | $653.50M | $669.50M | $684.30M | - | $690.30M | $679.80M |
| Cost of Revenue | $404.30M | $403.60M | $410.00M | - | $407.80M | $418.40M | $423.30M | - | $424.10M | $419.30M |
| Gross Profit | $244.10M | $258.00M | $254.90M | - | $245.70M | $251.10M | $261.00M | - | $266.20M | $260.50M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $224.60M | $227.50M | $216.00M | - | $217.30M | $220.90M | $216.00M | - | $215.60M | $222.40M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $25.70M | - | - | - | $26.60M | - | - | - |
| Operating Income | $9.00M | $30.50M | $38.90M | - | $24.20M | ($24.00M) | $40.00M | - | $50.60M | $38.10M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $2.30M | $3.90M | $7.40M | - | $4.80M | $5.80M | $8.50M | - | $5.10M | $8.40M |
| Net Income | ($13.80M) | $6.00M | $13.10M | - | $2.00M | ($49.50M) | $11.20M | - | $28.00M | $10.50M |
| EPS - Basic | ($0.15) | $0.06 | $0.14 | - | $0.02 | ($0.54) | $0.12 | - | $0.30 | $0.11 |
| EPS - Diluted | ($0.15) | $0.06 | $0.14 | - | $0.02 | ($0.54) | $0.12 | - | $0.30 | $0.11 |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $34.30M | $34.90M | $31.00M | $35.30M | $29.70M | $30.70M | $60.00M | $56.00M | $44.00M | $45.90M |
| Accounts Receivable | $605.00M | $657.10M | $616.40M | $553.90M | $465.60M | $410.30M | $419.50M | $414.50M | $463.40M | $466.20M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $186.00M | $200.20M | $198.30M | $212.10M | $202.50M | $207.00M | $195.30M | $213.50M | $200.40M | $207.10M |
| Current Assets | $837.70M | $771.10M | $728.80M | $671.50M | $587.20M | $527.20M | $563.70M | $558.70M | $597.70M | $596.90M |
| Total Assets | $5.48B | $5.48B | $5.44B | $5.35B | $5.25B | $5.21B | $5.33B | $5.33B | $5.34B | $5.41B |
| Current Liabilities | $698.50M | $681.10M | $654.90M | $718.00M | $650.40M | $619.10M | $580.50M | $621.90M | $586.80M | $618.60M |
| Long-term Debt | - | - | - | $1.29B | - | - | - | $1.50B | - | - |
| Total Liabilities | $2.93B | $2.94B | $2.91B | $2.83B | $2.77B | $2.73B | $2.89B | $2.91B | $3.01B | $3.05B |
| Stockholders' Equity | $2.55B | $2.53B | $2.52B | $2.52B | $2.48B | $2.48B | $2.45B | $2.42B | $2.32B | $2.35B |
| Retained Earnings | $1.39B | $1.41B | $1.40B | $1.39B | $1.37B | $1.37B | $1.42B | $1.41B | $1.38B | $1.35B |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($54.50M) | - | - | - | $49.50M | - | - | - |
| Investing Cash Flow | - | - | ($56.80M) | - | - | - | ($34.50M) | - | - | - |
| Financing Cash Flow | - | - | $109.30M | - | - | - | ($11.60M) | - | - | - |
| CapEx | - | - | $43.10M | - | - | - | $36.40M | - | - | - |
| Free Cash Flow | - | - | ($97.60M) | - | - | - | $13.10M | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.6% | 39.0% | 38.3% | - | 37.6% | 37.5% | 38.1% | - | 38.6% | 38.3% |
| Operating margin | 1.4% | 4.6% | 5.9% | - | 3.7% | -3.6% | 5.8% | - | 7.3% | 5.6% |
| EBITDA margin | - | - | 9.7% | - | - | - | 9.7% | - | - | - |
| Net margin | -2.1% | 0.9% | 2.0% | - | 0.3% | -7.4% | 1.6% | - | 4.1% | 1.5% |
| Free cash flow margin | - | - | -14.7% | - | - | - | 1.9% | - | - | - |
| FCF / Net income | - | - | -7.45 | - | - | - | 1.17 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 34.6% | 34.4% | 32.5% | - | 33.3% | 33.0% | 31.6% | - | 31.2% | 32.7% |
| Effective tax rate | - | 39.4% | 36.1% | - | 70.6% | - | 43.1% | - | 15.4% | 44.4% |
| Return on assets | -0.3% | 0.1% | 0.2% | - | 0.0% | -0.9% | 0.2% | - | 0.5% | 0.2% |
| Return on equity | -0.5% | 0.2% | 0.5% | - | 0.1% | -2.0% | 0.5% | - | 1.2% | 0.4% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.20 | 1.13 | 1.11 | 0.94 | 0.90 | 0.85 | 0.97 | 0.90 | 1.02 | 0.96 |
| Quick ratio | 1.20 | 1.13 | 1.11 | 0.94 | 0.90 | 0.85 | 0.97 | 0.90 | 1.02 | 0.96 |
| Cash ratio | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.10 | 0.09 | 0.07 | 0.07 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | 0.51 | - | - | - | 0.62 | - | - |
| Debt / Assets | - | - | - | 0.24 | - | - | - | 0.28 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.15 | 2.16 | 2.15 | 2.12 | 2.12 | 2.10 | 2.18 | 2.20 | 2.30 | 2.30 |
| Liabilities / Assets | 0.53 | 0.54 | 0.54 | 0.53 | 0.53 | 0.52 | 0.54 | 0.55 | 0.56 | 0.56 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | 0.12 | 0.12 | - | 0.12 | 0.13 | 0.13 | - | 0.13 | 0.13 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 341d | 363d | 338d | - | 260d | 224d | 224d | - | 245d | 250d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 168d | 181d | 177d | - | 181d | 181d | 168d | - | 172d | 180d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -0.8% | -1.2% | -2.8% | - | -5.3% | -1.5% | 3.0% | - | 6.4% | 1.1% |
| Revenue CAGR (3y) | -0.0% | -0.6% | -0.2% | - | 0.9% | 3.8% | -4.5% | - | -6.1% | -7.0% |
| Revenue CAGR (5y) | -4.9% | -4.8% | -4.3% | - | -5.2% | -5.4% | -5.2% | - | -4.8% | -5.8% |
| Gross profit growth (YoY) | -0.7% | 2.7% | -2.3% | - | -7.7% | -3.6% | 6.7% | - | 11.1% | -3.2% |
| Operating income growth (YoY) | -62.8% | - | -2.8% | - | -52.2% | - | 578.0% | - | - | -31.5% |
| Net income growth (YoY) | - | - | 17.0% | - | -92.9% | - | - | - | - | -64.2% |
| EPS growth (YoY) | - | - | 16.7% | - | -93.3% | - | - | - | - | -65.6% |
| EPS CAGR (3y) | - | -42.8% | -20.6% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | -36.9% | - | -13.7% | - | -6.1% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | -30.7% | - | - | - |
| Book value growth (YoY) | 3.2% | 2.0% | 3.2% | 4.2% | 6.6% | 5.6% | 2.9% | 0.9% | -4.0% | -5.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2023-12-31.
Business segments
$2.66B totalNorth America Segment$2.26B · 84.8%
International Segments$403.50M · 15.2%
Product / service
$2.66B totalRegulated Waste And Compliance Services$1.78B · 66.8%
Secure Information Destruction Services$883.50M · 33.2%
Geographic
$2.66B totalUS$2.12B · 79.6%
Europe$384.00M · 14.4%
Other International Countries Excluding USAnd Europe$159.20M · 6.0%
Peer comparison
Same SIC group: Hazardous Waste Management
Comparing STERICYCLE INC against the 5 most active filers in the same SIC group.