Login

US Ecology, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2022 10-Q, filed Apr 29, 2022. Its latest SEC filing is a 15-12B from May 12, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Treats and disposes of hazardous, non-hazardous and radioactive waste, and provides field and emergency response services to industrial businesses, government agencies and commercial customers.

How Did They Make Money?

Customers pay contracted fees, usually per ton or yard, for waste treatment, recycling and disposal as work is done. Field services are priced by the day, hour or job; standby customers also pay annual retainers, plus extra for spill response.

revenue
SegmentShareRevenue
Treatment and disposal
Usage-based

45%
FY2018: 59%
Transportation and Logistics
Usage-based

12%
FY2018: 20%
Industrial Services
Usage-based

13%
FY2018: 4.3%
Small Quantity Generation
5.6%
FY2018: 6.1%
Total Waste Management
Recurring
4.0%
FY2018: 7.4%
Remediation
Recurring
4.9%
FY2018: 1.8%
Emergency Response
14%
FY2018: 1.3%
Other Services
2.2%
FY2018: 0.4%

Who Were Their Customers?

Serves industrial businesses, government entities and waste brokers or aggregators, including companies in refining, chemical production and steel manufacturing.

Did Revenues Turn Into Profits?

Yes. It kept 1 cent of every revenue dollar as net income in FY2021 and turned 5 cents into free cash flow.

Operating income, FY2021
3% of revenue
▲ Now profitable vs FY2020 (−$360.9M, −39%)
Net income, FY2021
1% of revenue
▲ Now profitable vs FY2020 (−$389.4M, −42%)
Free cash flow, FY2021
5% of revenue
▼ −4% vs FY2020 ($49.7M, 5%)

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q1 FY2022, the three months to Mar 31, 2022
Revenue
▲ +5%
vs $228.6M in Q1 FY2021
Net income
▲ +1033% (Loss)
vs −$796K in Q1 FY2021
Treatment and disposal share of revenue vs 44.5% in Q1 FY2021
  • May 2, 2022 Republic Services completed its acquisition of US Ecology US Ecology stockholders became entitled to $48.00 in cash per share.

Grew. Revenue grew 96% in 4 years, from $504M in FY2017 to $988M in FY2021, about 18% a year.

Revenue over time
Treatment and disposal Transportation and Logistics Industrial Services Small Quantity Generation Total Waste Management Remediation Emergency Response Other Services
$1B$500M$0

Who Did They Compete With?

Competes with Clean Harbors, Heritage Environmental Services, Waste Management, Tradebe, Ross Environmental, Harsco, Veolia Environmental Services, Waste Connections, Milestone Environmental, Republic Services, Buchanan Disposal Solutions, Energy Solutions, Waste Control Specialists, and Marine Spill Response

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support