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US Ecology, Inc. (ECOL)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K10-K
Revenues:  
    Field & Industrial Services  500.2473.8232.4  
    Other Services  21.423.711.1  
    Field Services  88.265.647.1165.3 
    Waste Solutions     400.7 
    Other  378.2370.8394.9  
Total revenues  988.0933.9685.5565.9504.0
            Revenue growth   [+]5.8%36.2%21.1%12.3% 
Cost of goods sold  754.9683.7475.7395.8350.9
Gross profit  233.1250.2209.8170.1153.1
            Gross margin  23.6%26.8%30.6%30.1%30.4%
Selling, general and administrative  199.7206.2141.192.384.5
EBITDA   [+]104.1110.5110.1107.097.0
            EBITDA margin  10.5%11.8%16.1%18.9%19.2%
Depreciation  36.229.225.919.618.4
EBITA  68.081.384.287.478.5
            EBITA margin  6.9%8.7%12.3%15.4%15.6%
Amortization of intangibles  34.637.315.59.69.9
EBIT   [+]33.344.068.777.868.7
            EBIT margin  3.4%4.7%10.0%13.7%13.6%
Non-recurring items   [+] 404.9 3.78.9
Interest expense, net   [+]27.532.318.611.918.1
Other income (expense), net   [+]4.3-0.3-0.32.71.3
Pre-tax income  10.1-393.649.864.943.0
Income taxes  4.8-4.216.715.3-6.4
            Tax rate  47.2%1.1%33.5%23.5% 
Net income  5.3-389.433.149.649.4
            Net margin  0.5%-41.7%4.8%8.8%9.8%
   
Basic EPS   [+]$0.17($12.51)$1.41$2.27$2.27
Diluted EPS   [+]$0.17($12.51)$1.40$2.25$2.25
   
   
Shares outstanding (basic)   [+]31.131.123.521.921.8
Shares outstanding (diluted)   [+]31.431.123.722.021.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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