STERIS plc (STE) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$2.49	$2.59	+4.0%	—	$1.5B	—
Q4 26	$2.85	$2.83	-0.7%	—	$1.6B	—
Q3 26	$2.53	$2.53	0.0%	—	$1.5B	—
Q2 26	$2.35	$2.47	+5.1%	—	$1.5B	—
Q1 26	$2.26	$2.34	+3.5%	—	$1.4B	—
Q4 25	$2.6	$2.74	+5.4%	—	$1.5B	—
Q3 25	$2.32	$2.32	0.0%	—	$1.4B	—
Q2 25	$2.13	$2.14	+0.5%	—	$1.3B	—
Q1 25	$1.98	$2.03	+2.5%	—	$1.3B	—
Q4 24	$2.41	$2.58	+7.1%	—	$1.1B	—
Q3 24	$2.17	$2.22	+2.3%	—	$1.4B	—
Q2 24	$2	$2.03	+1.5%	—	$1.2B	—
Q1 24	$1.87	$2	+7.0%	—	$1.2B	—
Q4 23	$2.15	$2.3	+7.0%	—	$1.4B	—
Q3 23	$2.19	$2.02	-7.8%	—	$1.2B	—
Q2 23	$1.98	$1.99	+0.5%	—	$1.2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$7.97	—	—	$5.9B	—
FY25	—	$6.24	—	—	$5.5B	—
FY24	—	$3.83	—	—	$5.1B	—
FY23	—	$1.07	—	—	$4.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$2.6B	$2.6B	$2.8B	$3B	$3.1B	$4.2B	$4.5B	$5.1B	$5.5B	$5.9B
YoY change	+16.7%	+0.28%	+6.19%	+8.94%	+2.53%	+35.9%	+7.41%	+13.3%	+6.24%	+8.73%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	2.6B	2.6B	2.8B	3B	3.1B	4.2B	4.5B	5.1B	5.5B	5.9B
Cost of revenue	1.6B	1.5B	1.6B	1.7B	1.8B	2.3B	2.6B	2.9B	3.1B	3.3B
Gross profit	1B	1.1B	1.2B	1.3B	1.3B	1.9B	2B	2.2B	2.4B	2.6B
Gross margin	39.3%	41.7%	42.2%	43.6%	43.2%	44.6%	43.7%	43.2%	44%	44.2%
Research & development	59.4M	60.8M	63M	65.5M	66.3M	86.7M	98.5M	103.7M	107.6M	112.9M
Selling, general & administrative	682M	632M	669.9M	716.7M	731.3M	1.3B	1.1B	1.3B	1.3B	1.4B
Operating expenses	741.4M	692.8M	733M	782.3M	797.6M	1.4B	1.2B	1.4B	1.4B	1.5B
Operating income	284.8M	400M	442M	537.7M	545.5M	477.9M	791.6M	862.2M	960.8M	1.1B
Operating margin	10.9%	15.3%	15.9%	17.7%	17.6%	11.3%	17.5%	16.8%	17.6%	18.6%
Non-operating income, net	-58.6M	-103K	-31M	-673K	2.9M	-27.9M	-485K	-26M	-86.8M	-7.6M
Pretax income	184.6M	355M	369M	498.8M	517.5M	366.8M	680.3M	702.8M	796.2M	1B
Income tax	74M	63.4M	64.3M	90.9M	120.7M	82.3M	124.1M	149.5M	184.7M	262.2M
Net income	110.6M	291.6M	304.7M	407.9M	396.9M	242.9M	105.8M	380.1M	616.1M	785.1M
Net margin	4.23%	11.1%	11%	13.5%	12.8%	5.75%	2.33%	7.4%	11.3%	13.2%
EBITDA	475.9M	584M	671M	736.9M	771M	1B	1.3B	1.4B	1.4B	1.6B
EPS	1.29	3.42	3.59	4.81	4.66	2.5	1.07	3.83	6.24	7.97
Diluted EPS	1.28	3.39	3.56	4.76	4.63	2.48	1.07	3.81	6.2	7.93

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	1.2B	1.4B	1.1B	1.3B	1.3B	1.4B	1.5B	1.4B	1.5B	1.5B	1.6B	1.5B
Cost of revenue	692M	793.1M	667.6M	707.1M	750.1M	760.2M	839.3M	763.1M	814.4M	840.7M	891.2M	808.6M
Gross profit	546.2M	602.6M	448.6M	572.4M	578.8M	610.3M	641.2M	628M	645.9M	655.5M	697.1M	684.2M
Gross margin	44.1%	43.2%	40.2%	44.7%	43.6%	44.5%	43.3%	45.1%	44.2%	43.8%	43.9%	45.8%
Research & development	26.3M	25.9M	25.2M	25.6M	27M	27.4M	27.7M	26.4M	28.2M	29.5M	28.8M	28.6M
Selling, general & administrative	328.4M	360.5M	152.1M	335.6M	329.3M	335.4M	333.9M	353.8M	349.7M	352.3M	351.8M	369.7M
Operating expenses	354.7M	386.4M	177.3M	361.2M	356.3M	362.8M	361.6M	380.2M	377.9M	381.8M	380.6M	398.3M
Operating income	191.5M	216.2M	271.3M	211.2M	222.5M	247.5M	279.6M	247.8M	268M	273.7M	316.5M	285.9M
Operating margin	15.5%	15.5%	24.3%	16.5%	16.7%	18.1%	18.9%	17.8%	18.4%	18.3%	19.9%	19.2%
Non-operating income, net	23K	-6K	-26M	-6.9M	-9M	-2.1M	-68.7M	-1.8M	-2.4M	-3.7M	300K	300K
Pretax income	155.9M	179.3M	215.5M	175.3M	194.9M	228.7M	197.3M	231.9M	253.1M	257.8M	304.5M	273.5M
Income tax	35.1M	38.3M	43.3M	35.3M	43.5M	55.4M	50.5M	53.9M	60.6M	63.5M	84.2M	72.5M
Net income	116.3M	140.9M	-1M	145.5M	151.2M	173.3M	146.1M	178M	192.5M	194.3M	220.3M	201M
Net margin	9.4%	10.1%	-0.09%	11.4%	11.4%	12.6%	9.87%	12.8%	13.2%	13%	13.9%	13.5%
EBITDA	345M	358.9M	412M	325.2M	338.8M	375.8M	405.5M	369M	392.1M	395.1M	442.7M	413.1M
EPS	1.17	1.42	-0.01	1.47	1.52	1.75	1.48	1.79	1.95	1.96	2.25	2.05
Diluted EPS	1.16	1.42	-0.01	1.46	1.51	1.75	1.48	1.79	1.94	1.96	2.24	2.04

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	—	7.9B	10.8B	11.9B	16.2B	—	19.1B	22.2B	22.3B	21.7B	20.6B
Enterprise value	—	9.1B	11.8B	12.8B	17.8B	—	22.1B	25.4B	24.4B	23.4B	21.9B
Shares outstanding	85.5M	85M	84.6M	84.8M	85.2M	97.5M	99.7M	98.8M	98.6M	98.2M	98.2M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	—	27.2	35.5	29.1	40.9	—	180.2	58.4	36.3	27.7	25.6
P/S	—	3.03	3.89	3.92	5.22	—	4.2	4.32	4.09	3.66	3.39
P/B	—	2.47	3.4	3.47	4.17	—	3.13	3.52	3.38	3.02	2.84
EV/EBITDA	—	15.5	17.6	17.4	23.1	—	16.4	17.6	16.9	14.6	13.4
EV/Sales	—	3.46	4.24	4.23	5.73	—	4.87	4.94	4.46	3.94	3.63
Earnings yield	—	3.67%	2.81%	3.44%	2.45%	—	0.55%	1.71%	2.76%	3.62%	3.9%
FCF yield	—	3.68%	3.23%	3.17%	2.78%	—	2.07%	2.76%	3.48%	4.48%	3.88%
PEG	—	—	—	—	—	—	—	—	—	—	1.76

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	39.3%	41.7%	42.2%	43.6%	43.2%	44.6%	43.7%	43.2%	44%	44.2%	45.8%
Operating margin	10.9%	15.3%	15.9%	17.7%	17.6%	11.3%	17.5%	16.8%	17.6%	18.6%	19.2%
Net margin	4.23%	11.1%	11%	13.5%	12.8%	5.75%	2.33%	7.4%	11.3%	13.2%	13.3%
ROE	3.94%	9.06%	9.57%	11.9%	10.2%	3.71%	1.74%	6.02%	9.31%	10.9%	11.4%
ROA	2.25%	5.61%	6.01%	7.5%	6.04%	2.13%	0.98%	3.44%	6.07%	7.31%	6.8%
ROIC	4.26%	7.59%	8.8%	10%	7.64%	3.91%	7.09%	7.15%	8.54%	9.37%	9.67%
Return on tangible assets	-11.2%	-26%	-39%	-101.4%	-31.1%	-6.01%	-9.71%	-28.9%	-35.1%	-88%	-105.1%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	2.67	2.48	2.27	2.43	2.1	2.04	2.33	3.08	1.96	2.09	1.91
Quick ratio	2.15	1.97	1.82	1.91	1.55	1.41	1.63	2.36	1.39	1.54	1.35
Debt / equity	0.53	0.41	0.37	0.38	0.46	0.5	0.53	0.54	0.33	0.29	0.28
Debt / assets	0.3	0.25	0.23	0.24	0.27	0.29	0.3	0.31	0.22	0.19	0.19
Net debt / EBITDA	2.51	1.91	1.43	1.31	2.05	2.9	2.26	2.21	1.4	1.03	0.95
Interest coverage	5.15	8.01	9.2	13.4	14.9	5.1	7.14	5.87	10.2	18.3	18.9
Effective tax rate	40.1%	17.8%	17.4%	18.2%	23.3%	22.4%	18.2%	21.3%	23.2%	25%	25.8%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	30.6	30.8	32.9	35.8	36.5	43.3	45.5	52	55.4	60.4	61.6
EPS (basic)	1.29	3.42	3.59	4.81	4.66	2.5	1.07	3.83	6.24	7.97	7.97
EPS (diluted)	1.28	3.39	3.56	4.76	4.63	2.48	1.07	3.81	6.2	7.93	8.19
Book value per share	32.9	37.8	37.7	40.3	45.7	67.1	61.1	63.9	67.1	73.3	73.9
FCF per share	2.94	3.44	4.14	4.44	5.29	4.07	3.96	6.2	7.89	9.9	9.45
Cash per share	3.31	2.37	2.61	3.77	2.59	3.57	2.09	2.1	1.74	4.48	4.95
Capex per share	1.97	1.92	2.18	2.48	2.8	2.93	3.48	3.57	3.66	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	6.43%	6.24%	6.62%	6.94%	7.68%	6.77%	7.66%	6.87%	6.61%	—	—
Capex / operating cash flow	59.2%	35.8%	38.3%	36.1%	35.1%	41.6%	130.4%	38.9%	32.9%	—	—
Payout ratio	84.2%	35.3%	36.9%	30.2%	33.7%	67.2%	173.4%	52.8%	35.7%	30.8%	30.8%
Dividend yield	—	1.3%	1.04%	1.04%	0.82%	—	0.96%	0.9%	0.98%	1.11%	1.32%

Yield

1.32%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.69

ex-dividend Sep 4, 2026

Payout ratio

31%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 4, 2026	$0.69
Jun 8, 2026	$0.63
Feb 17, 2026	$0.63

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$1.2B	$1.4B	$1.1B	$1.3B	$1.3B	$1.4B	$1.5B	$1.4B	$1.5B	$1.5B	$1.6B	$1.5B
YoY change	+3.14%	+14.8%	-19.4%	+8.12%	+7.33%	-1.8%	+32.6%	+8.72%	+9.89%	+9.17%	+7.29%	+7.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	282.9M	201.5M	220.6M	319.6M	220.5M	348.3M	208.4M	207M	171.7M	439.6M
Receivables	483.5M	528.1M	564.8M	586.5M	609.4M	799M	865M	1B	1B	1.1B
Inventory	197.8M	205.7M	208.2M	263.5M	315.1M	575M	604.4M	674.5M	581.3M	631.8M
Total current assets	1B	989.7M	1.1B	1.2B	1.2B	1.9B	2B	2.9B	2B	2.4B
Property, plant & equipment	522.2M	543.5M	551.2M	712.4M	818.4M	1.1B	1.1B	1.2B	1.3B	1.4B
Goodwill & intangibles	5.9B	6.3B	5.9B	5.8B	7.8B	15.5B	11.9B	12.4B	11.9B	11.6B
Total assets	4.9B	5.2B	5.1B	5.4B	6.6B	11.4B	10.8B	11.1B	10.1B	10.7B
Accounts payable	133.5M	135.9M	152.9M	149.3M	156.9M	225.7M	264.2M	251.7M	280.8M	338.8M
Short-term debt	—	—	—	19.8M	22.8M	179.3M	90.1M	117.2M	159.2M	154.7M
Total current liabilities	381.6M	398.5M	465.2M	503.6M	577.9M	922.2M	861.8M	931.1M	1B	1.1B
Long-term debt	1.5B	1.3B	1.2B	1.3B	1.8B	3.1B	3.2B	3.3B	2B	1.9B
Total liabilities	2.1B	2B	1.9B	2B	2.7B	4.9B	4.7B	4.7B	3.5B	3.5B
Shareholders' equity	2.8B	3.2B	3.2B	3.4B	3.9B	6.5B	6.1B	6.3B	6.6B	7.2B
Total debt	1.5B	1.3B	1.2B	1.3B	1.8B	3.3B	3.2B	3.4B	2.2B	2.1B
Net debt	1.2B	1.1B	962.6M	964.9M	1.6B	2.9B	3B	3.2B	2B	1.6B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	213.8M	195.6M	207M	198.3M	172.2M	155.2M	171.7M	279.7M	319.2M	423.7M	439.6M	482.3M
Receivables	940.3M	964M	1B	892.6M	923.3M	915.2M	1B	947.1M	947.3M	990.6M	1.1B	1B
Inventory	821.1M	855.6M	674.5M	698.6M	688.9M	649.6M	581.3M	641.2M	658.5M	673.5M	631.8M	712.1M
Total current assets	2.2B	2.2B	2.9B	1.9B	1.9B	1.9B	2B	2.1B	2.1B	2.3B	2.4B	2.4B
Property, plant & equipment	1.2B	1.3B	1.2B	1.2B	1.3B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B
Goodwill & intangibles	14.2B	14.2B	12.4B	12.2B	12.3B	11.9B	11.9B	12.1B	11.9B	11.8B	11.6B	11.5B
Total assets	11.3B	11.4B	11.1B	10.1B	10.2B	10B	10.1B	10.4B	10.4B	10.6B	10.7B	10.7B
Accounts payable	293.6M	276.7M	251.7M	231.7M	235.1M	238.3M	280.8M	300.9M	308.9M	285.1M	338.8M	344.1M
Short-term debt	105M	115.1M	117.2M	109.7M	110.5M	157.5M	159.2M	35.3M	35.3M	34.4M	154.7M	279M
Total current liabilities	873.1M	913.7M	931.1M	834.4M	805.5M	891.1M	1B	926.6M	888.9M	922.3M	1.1B	1.3B
Long-term debt	3.5B	3.4B	3.3B	2.4B	2.3B	2.2B	2B	2B	2B	2B	1.9B	1.8B
Total liabilities	5.1B	5B	4.7B	3.7B	3.6B	3.6B	3.5B	3.4B	3.4B	3.4B	3.5B	3.5B
Shareholders' equity	6.2B	6.4B	6.3B	6.4B	6.6B	6.4B	6.6B	7B	7B	7.2B	7.2B	7.2B
Total debt	3.6B	3.5B	3.4B	2.5B	2.4B	2.3B	2.2B	2.1B	2.1B	2.1B	2.1B	2B
Net debt	3.4B	3.3B	3.2B	2.3B	2.2B	2.2B	2B	1.8B	1.7B	1.6B	1.6B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	110.6M	291.6M	304.7M	407.9M	396.9M	242.9M	105.8M	380.1M	616.1M	785.1M
Depreciation & amortization	188.1M	178.3M	225.9M	197.2M	219.2M	553.1M	552.9M	565.2M	476.2M	486.5M
Stock-based compensation	18.8M	22.2M	24M	23.8M	26M	57.7M	39M	56.5M	57.4M	61.7M
Change in working capital	-51.8M	-43.6M	-48.8M	-56M	9.1M	-132.9M	-228M	-186M	27.6M	-20.7M
Operating cash flow	283.8M	456.1M	480.8M	582.8M	679.7M	687M	266.3M	908M	1.1B	1.3B
Capital expenditure	-168.1M	-163.4M	-184.1M	-210.4M	-238.7M	-285.8M	-347.4M	-352.9M	-360.9M	—
Investing cash flow	-104.3M	-203.8M	-213.2M	-319.7M	-1.2B	-666.6M	-383.3M	-887.4M	388.8M	-154M
Dividends paid	-93.2M	-102.9M	-112.5M	-123M	-133.8M	-163.2M	-183.5M	-200.6M	-219.9M	-241.8M
Share repurchases	-97.5M	-65.5M	-81.5M	-51.2M	-14.6M	-55.8M	-308.6M	-11.8M	-211.3M	-235.5M
Financing cash flow	-468.7M	-367.3M	-335.2M	-224.4M	318.9M	105.8M	-500.5M	-95.7M	-1.6B	-601.1M
Net change in cash	-289.1M	-115.1M	-67.6M	38.7M	-155.6M	126.2M	-617.6M	-75M	-112.1M	586.3M
Free cash flow	251.2M	292.2M	349.8M	376M	450.4M	397.2M	395M	612.9M	778M	972.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	116.3M	140.9M	-1M	145.5M	151.2M	173.3M	146.1M	178M	192.4M	194.4M	220.3M	201M
Depreciation & amortization	152.3M	140.6M	134.4M	112.7M	115.3M	125.9M	122.3M	119.4M	121.7M	122M	123.4M	123.8M
Stock-based compensation	20.7M	15.3M	8.9M	11.5M	20.8M	15.3M	9.8M	11.9M	21.2M	15.7M	12.9M	12.8M
Change in working capital	-75.9M	-62.9M	-15.5M	65.9M	-9.8M	-3.4M	-25.1M	105.4M	-3.7M	-61.6M	-60.8M	13M
Operating cash flow	210.7M	243.9M	210.3M	311M	280.6M	301.6M	203.7M	420M	287.8M	298.2M	335.4M	367.1M
Capital expenditure	-75.9M	-118.9M	-91.5M	-108.1M	-101.9M	-89.2M	-61.7M	—	—	—	—	—
Investing cash flow	-606.2M	-118.9M	-98M	687.8M	-105.3M	-123.8M	-59M	-15M	-1.8M	-10.1M	-127.2M	-21M
Dividends paid	-51.4M	-51.4M	-51.4M	-51.4M	-56.3M	-56.2M	-56M	-56.2M	-61.9M	-61.9M	-61.8M	-61.4M
Share repurchases	-489K	-2.2M	-325K	-64.2M	-46.4M	-100.5M	-263K	-10.6M	-100.5M	-50.1M	-74.3M	-115.5M
Financing cash flow	77.7M	-198.8M	-332.2M	-1.3B	-194.5M	-214.7M	-184.2M	-222.4M	-166.8M	-113.4M	-101.5M	-214.8M
Net change in cash	-317.9M	-73.8M	-219.9M	-258.9M	-19.2M	-36.9M	-39.5M	182.6M	119.2M	174.7M	106.7M	131.3M
Free cash flow	62.8M	172.3M	163.3M	195.7M	148.9M	243.6M	189.9M	326.4M	201.3M	199.5M	245.2M	279.6M

Date	Ratio
Aug 25, 1998	2:1
Aug 25, 1995	2:1

STERIS plc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history