Stericycle (Stericycle) ROCE % : 3.31% (As of Mar. 2024)

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What is Stericycle ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Stericycle's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.31%.

Stericycle ROCE % Historical Data

The historical data trend for Stericycle's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stericycle ROCE % Chart

Stericycle Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.29

0.49

1.51

3.27

1.65

Stericycle Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.40	-2.11	2.12	3.23	3.31

Stericycle ROCE % Calculation

Stericycle's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	77.2	/	( ( (5334.1 - 621.9)	+	(5352.6 - 718) )	/ 2 )
	=	77.2	/	( (4712.2	+	4634.6)	/ 2 )
	=	77.2	/	4673.4
	=	1.65 %

Stericycle's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	155.6	/	( ( (5352.6 - 718)	+	(5435.7 - 654.9) )	/ 2 )
	=	155.6	/	( ( 4634.6	+	4780.8 )	/ 2 )
	=	155.6	/	4707.7
	=	3.31 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Stericycle (NAS:SRCL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Stericycle ROCE % Related Terms

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Stericycle (Stericycle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Stericycle Inc (NAS:SRCL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SY9:Germany

Address

2355 Waukegan Road, Bannockburn, IL, USA, 60015

Website

https://www.stericycle.com

Stericycle is the largest provider of medical waste disposal and data destruction (primarily paper shredding) services in the United States. Its next closest national competitor in the medical waste disposal space is Sharps Compliance, which generated $76 million of sales in fiscal 2021 before its 2022 acquisition (about 4% of Stericycle's global regulated waste and compliance revenue). Stericycle's data destruction business (Shred-It) is about twice the size of its closest competitor (Iron Mountain's information destruction segment). Stericycle has a global presence, with about 20% of its revenue earned outside North America.

Executives

Joseph Anthony Reuter	officer: EVP & Chief People Officer	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Victoria L Dolan	director	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Naren K Gursahaney	director	1501 YAMATO ROAD, BOCA RATON FL 33431
White Stephen Cory	officer: EVP C&RS	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Daniel Ginnetti	officer: Chief Financial Officer	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
David W. Stahl	officer: EVP and CIO	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
James L Welch	director	5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
James J Martell	director	314 RINGLING POINT DRIVE, SARASOTA FL 34234
Janet Zelenka	officer: EVP, Chief Financial Officer	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Dominic Culotta	officer: EVP Engineering	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Mark C Miller	officer: CEO	C/O STERICYCLE INC., 28161 N KEITH DRIVE, LAKE FOREST IL 60045
Stephen C Hooley	director	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Hackney Jesse Joel Jr	director	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
William J. Seward	officer: EVP, Chief Commercial Officer	28161 N. KEITH DRIVE, LAKE FOREST IL 60045
Richard Michael Moore	officer: EVP North America Operations	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015