Stericycle Inc
Stericycle, Inc., together with its subsidiaries, provides regulated waste and compliance services in the United States, Europe, and internationally. The company offers regulated waste and compliance services, including regulated medical waste, sharps waste management and disposal, pharmaceutical waste management and disposal, chemotherapy waste and disposal, controlled substance waste disposal, … Read more
Stericycle Inc (SRCL) - Net Assets
Latest net assets as of September 2024: $2.55 Billion USD
Based on the latest financial reports, Stericycle Inc (SRCL) has net assets worth $2.55 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.48 Billion) and total liabilities ($2.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.55 Billion |
| % of Total Assets | 46.59% |
| Annual Growth Rate | 20.84% |
| 5-Year Change | 8.06% |
| 10-Year Change | 31.59% |
| Growth Volatility | 58.37 |
Stericycle Inc - Net Assets Trend (1995–2023)
This chart illustrates how Stericycle Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Stericycle Inc (1995–2023)
The table below shows the annual net assets of Stericycle Inc from 1995 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $2.52 Billion | +4.06% |
| 2022-12-31 | $2.42 Billion | +0.90% |
| 2021-12-31 | $2.40 Billion | -1.30% |
| 2020-12-31 | $2.43 Billion | +4.27% |
| 2019-12-31 | $2.33 Billion | -10.10% |
| 2018-12-31 | $2.60 Billion | -10.71% |
| 2017-12-31 | $2.91 Billion | +3.29% |
| 2016-12-31 | $2.82 Billion | +2.54% |
| 2015-12-31 | $2.75 Billion | +43.24% |
| 2014-12-31 | $1.92 Billion | +8.47% |
| 2013-12-31 | $1.77 Billion | +13.50% |
| 2012-12-31 | $1.56 Billion | +26.90% |
| 2011-12-31 | $1.23 Billion | +13.31% |
| 2010-12-31 | $1.08 Billion | +26.36% |
| 2009-12-31 | $857.17 Million | +27.84% |
| 2008-12-31 | $670.48 Million | -6.11% |
| 2007-12-31 | $714.08 Million | +14.24% |
| 2006-12-31 | $625.08 Million | +19.83% |
| 2005-12-31 | $521.63 Million | +5.30% |
| 2004-12-31 | $495.37 Million | +21.47% |
| 2003-12-31 | $407.82 Million | +24.82% |
| 2002-12-31 | $326.73 Million | +17.79% |
| 2001-12-31 | $277.38 Million | +34.56% |
| 2000-12-31 | $206.14 Million | +10.06% |
| 1999-12-31 | $187.30 Million | +248.79% |
| 1998-12-31 | $53.70 Million | +19.33% |
| 1997-12-31 | $45.00 Million | +12.50% |
| 1996-12-31 | $40.00 Million | +217.46% |
| 1995-12-31 | $12.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stericycle Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 142650000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.39 Billion | 55.08% |
| Common Stock | $900.00K | 0.04% |
| Other Comprehensive Income | $-184.50 Million | -7.31% |
| Other Components | $1.32 Billion | 52.20% |
| Total Equity | $2.52 Billion | 100.00% |
Stericycle Inc Competitors by Market Cap
The table below lists competitors of Stericycle Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SYENSQO SA
OTCGREY:SHBBF
|
$5.76 Billion |
|
NEXTDC Limited
PINK:NXDCF
|
$5.76 Billion |
|
Shanghai United Imaging Healthcare Co. Ltd. A
SHG:688271
|
$5.76 Billion |
|
Pandora A/S
PINK:PNDZF
|
$5.76 Billion |
|
St. James’s Place PLC
PINK:STJPF
|
$5.75 Billion |
|
Orica Ltd
AU:ORI
|
$5.75 Billion |
|
Tempus AI, Inc. Class A Common Stock
NASDAQ:TEM
|
$5.74 Billion |
|
SiteOne Landscape Supply Inc
NYSE:SITE
|
$5.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stericycle Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,420,200,000 to 2,522,500,000, a change of 102,300,000 (4.2%).
- Net loss of 21,400,000 reduced equity.
- Dividend payments of 6,700,000 reduced retained earnings.
- Share repurchases of 5,200,000 reduced equity.
- Other comprehensive income increased equity by 92,400,000.
- Other factors increased equity by 43,200,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-21.40 Million | -0.85% |
| Dividends Paid | $6.70 Million | -0.27% |
| Share Repurchases | $5.20 Million | -0.21% |
| Other Comprehensive Income | $92.40 Million | +3.66% |
| Other Changes | $43.20 Million | +1.71% |
| Total Change | $- | 4.23% |
Book Value vs Market Value Analysis
This analysis compares Stericycle Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 149.91x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $0.57 | $85.00 | x |
| 1996-12-31 | $1.33 | $85.00 | x |
| 1997-12-31 | $1.04 | $85.00 | x |
| 1998-12-31 | $1.19 | $85.00 | x |
| 1999-12-31 | $3.07 | $85.00 | x |
| 2000-12-31 | $2.56 | $85.00 | x |
| 2001-12-31 | $3.29 | $85.00 | x |
| 2002-12-31 | $3.66 | $85.00 | x |
| 2003-12-31 | $4.42 | $85.00 | x |
| 2004-12-31 | $5.36 | $85.00 | x |
| 2005-12-31 | $5.76 | $85.00 | x |
| 2006-12-31 | $6.90 | $85.00 | x |
| 2007-12-31 | $7.94 | $85.00 | x |
| 2008-12-31 | $7.59 | $85.00 | x |
| 2009-12-31 | $9.75 | $85.00 | x |
| 2010-12-31 | $12.09 | $85.00 | x |
| 2011-12-31 | $13.71 | $85.00 | x |
| 2012-12-31 | $17.72 | $85.00 | x |
| 2013-12-31 | $20.03 | $85.00 | x |
| 2014-12-31 | $21.98 | $85.00 | x |
| 2015-12-31 | $31.66 | $85.00 | x |
| 2016-12-31 | $32.77 | $85.00 | x |
| 2017-12-31 | $33.84 | $85.00 | x |
| 2018-12-31 | $29.71 | $85.00 | x |
| 2019-12-31 | $25.61 | $85.00 | x |
| 2020-12-31 | $26.56 | $85.00 | x |
| 2021-12-31 | $26.13 | $85.00 | x |
| 2022-12-31 | $26.19 | $85.00 | x |
| 2023-12-31 | $27.30 | $85.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stericycle Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.85%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.80%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.12x
- Recent ROE (-0.85%) is below the historical average (7.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | -35.71% | -21.13% | 0.91x | 1.87x | $-5.76 Million |
| 1996 | -6.00% | -9.80% | 0.44x | 1.38x | $-6.40 Million |
| 1997 | 3.11% | 3.03% | 0.75x | 1.36x | $-3.10 Million |
| 1998 | 10.61% | 8.55% | 0.68x | 1.82x | $330.00K |
| 1999 | 7.47% | 10.54% | 0.22x | 3.18x | $-4.73 Million |
| 2000 | 7.04% | 4.48% | 0.54x | 2.90x | $-6.10 Million |
| 2001 | 5.30% | 4.10% | 0.58x | 2.22x | $-13.03 Million |
| 2002 | 13.99% | 11.39% | 0.60x | 2.04x | $13.05 Million |
| 2003 | 16.13% | 14.51% | 0.64x | 1.73x | $25.00 Million |
| 2004 | 15.78% | 15.14% | 0.62x | 1.68x | $28.64 Million |
| 2005 | 12.87% | 11.02% | 0.58x | 2.01x | $14.99 Million |
| 2006 | 16.84% | 13.33% | 0.59x | 2.12x | $42.76 Million |
| 2007 | 16.58% | 12.69% | 0.58x | 2.25x | $46.97 Million |
| 2008 | 22.18% | 13.72% | 0.62x | 2.62x | $81.66 Million |
| 2009 | 20.77% | 14.92% | 0.54x | 2.58x | $91.12 Million |
| 2010 | 19.78% | 14.44% | 0.54x | 2.51x | $102.76 Million |
| 2011 | 19.59% | 14.01% | 0.53x | 2.65x | $114.93 Million |
| 2012 | 17.38% | 14.01% | 0.54x | 2.30x | $113.82 Million |
| 2013 | 17.79% | 14.53% | 0.55x | 2.22x | $136.33 Million |
| 2014 | 17.23% | 12.77% | 0.58x | 2.32x | $136.95 Million |
| 2015 | 9.79% | 8.94% | 0.43x | 2.56x | $-5.75 Million |
| 2016 | 7.34% | 5.78% | 0.51x | 2.49x | $-74.55 Million |
| 2017 | 1.46% | 1.18% | 0.51x | 2.41x | $-247.26 Million |
| 2018 | -9.46% | -7.02% | 0.54x | 2.49x | $-503.44 Million |
| 2019 | -14.84% | -10.46% | 0.51x | 2.76x | $-579.09 Million |
| 2020 | -2.30% | -2.09% | 0.48x | 2.30x | $-298.91 Million |
| 2021 | -1.12% | -1.01% | 0.48x | 2.28x | $-266.67 Million |
| 2022 | 2.31% | 2.07% | 0.51x | 2.20x | $-186.02 Million |
| 2023 | -0.85% | -0.80% | 0.50x | 2.12x | $-273.65 Million |
Industry Comparison
This section compares Stericycle Inc's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $61,795,124
- Average return on equity (ROE) among peers: -17.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stericycle Inc (SRCL) | $2.55 Billion | -35.71% | 1.15x | $5.75 Billion |
| American Battery Technology Company Common Stock (ABAT) | $70.60 Million | -66.24% | 0.20x | $410.46 Million |
| Agilyx AS (AGXXF) | $35.34 Million | 10.45% | 1.10x | $152.59 Million |
| Ambipar Emergency Response (AMBI) | $8.37 Million | 0.00% | 1.76x | $5.74 Million |
| Anaergia Inc (ANRGF) | $125.77 Million | -18.04% | 2.60x | $20.51 Million |
| Aqua Metals Inc (AQMS) | $31.14 Million | -82.73% | 0.13x | $12.23 Million |
| Avalon Holdings Corporation (AWX) | $39.44 Million | 3.70% | 0.21x | $5.00 Million |
| BacTech Environmental Corporation (BCCEF) | $-1.02 Million | 0.00% | 0.00x | $7.36 Million |
| Befesa S.A (BFSAF) | $259.26 Million | -13.65% | 3.41x | $1.39 Billion |
| BluMetric Environmental Inc. (BLMWF) | $12.19 Million | 4.16% | 0.64x | $27.18 Million |
| BQE Water Inc (BTQNF) | $36.85 Million | -14.23% | 0.05x | $25.45 Million |