STERIS plc (STE)

STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. It operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences. The company offers cleaning chemistries and sterility assurance products, automated endoscope reprocessing system and tracking products, endoscopy accessories, instruments, washers, and sterilizers and other pieces of capital equipment, as well as equipment used directly in the procedure rooms, including surgical tables, lights, equipment management services, and connectivity solutions; and various preventive maintenance programs, repair services, custom process improvement consulting, and outsourced instrument sterile processing, as well as instrument, devices, and endoscope repair and maintenance services. It also provides process controls and monitoring systems, as well as integrated sterilization equipment, such as accelerators, product handling, and automation; and sterilization modalities, product development, materials testing, and process validation, as well as support services for sterilization equipment and control systems comprising installation, preventive maintenance, updates, repairs, and troubleshooting. In addition, the company offers pharmaceutical detergents, cleanroom disinfectants and sterilants, pharmaceutical grade and research sterilizers and washers, sterility assurance and maintenance products, vaporized hydrogen peroxide room decontamination systems and sterilizers, and high purity water and pure steam generators; and preventive maintenance programs and repair services to support the operation of capital equipment. It serves healthcare providers, medical device and pharmaceutical manufacturers, biopharmaceutical manufacturing facilities, and hospitals. The company was formerly known as New STERIS Limited and changed its name to STERIS plc in November 2015. STERIS plc was founded in 1985 and is headquartered in Mentor, Ohio.

Symbol
STE
Exchange
NYSE
Sector
Healthcare
Industry
Medical Devices
Market cap
$20.33B
52 week range
195.14 - 269.44

Valuation

Share price
$208.54 (close of 2026-10-02)
P/E (TTM)
25.37x
Price to book
2.82x
Price to free cash flow
21.97x
Enterprise value
$21.89B
Book value per share
$74.06

Price performance

PeriodChange
1 day-0.38%
5 days-0.19%
1 month-9.47%
3 months-4.43%
6 months-4.65%
Year to date-17.74%
1 year-13.97%
3 years-3.23%
5 years+0.45%
10 years+185.28%
All time+10023.30%

Members of Congress who disclosed STE trades

April McClain Delaney · Gilbert Ray Cisneros · Jared Moskowitz · Kevin Hern · Robert Bresnahan

Super investors holding STE

Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity
10.87%
Return on invested capital
9.49%
Return on assets
7.29%
Return on capital employed
11.49%
Gross margin
44.25%
Net margin
13.18%
EBITDA margin
26.76%
Revenue growth
8.73%
Net income growth
27.29%
Free cash flow growth
24.99%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.55%
Current ratio
1.91x
Net debt to EBITDA
0.95x

Latest reported year

Period end
2026-03-31
Fiscal year
2026
Revenue
$5.94B
Cost of revenue
$3.31B
Gross profit
$2.63B
EBITDA
$1.59B
Net income
$782.30M
Earnings per share
$7.97
Research and development
$112.90M
Shares outstanding
98.20M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-03-31$5.94B$2.63B$782.30M$7.97
2025-03-31$5.46B$2.40B$614.60M$6.24
2024-03-31$5.14B$2.22B$378.20M$3.83
2023-03-31$4.54B$1.98B$107.03M$1.07
2022-03-31$4.22B$1.88B$243.89M$2.50
2021-03-31$3.11B$1.34B$397.40M$4.66
2020-03-31$3.03B$1.32B$407.66M$4.81
2019-03-31$2.78B$1.17B$303.72M$3.59
2018-03-31$2.62B$1.09B$290.92M$3.42
2017-03-31$2.61B$1.03B$109.97M$1.29

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-03-3144.25%13.18%10.87%9.49%
2025-03-3144.01%11.26%9.29%7.89%
2024-03-3143.17%7.36%5.99%7.23%
2023-03-3143.66%2.36%1.76%7.31%
2022-03-3144.59%5.77%3.73%4.17%
2021-03-3143.22%12.79%10.21%7.81%
2020-03-3143.55%13.45%11.93%10.50%
2019-03-3142.23%10.92%9.50%8.34%
2018-03-3141.71%11.10%9.04%7.77%
2017-03-3139.28%4.21%3.91%6.02%

Cash and debt by year

Period endCashDebt
2026-03-31$439.60M$1.81B
2025-03-31$171.70M$1.92B
2024-03-31$207.00M$3.12B
2023-03-31$208.40M$3.02B
2022-03-31$348.32M$2.95B
2021-03-31$220.53M$1.65B
2020-03-31$319.58M$1.15B
2019-03-31$220.63M$1.18B
2018-03-31$201.53M$1.32B

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-03-31$972.40M$61.70M
2025-03-31$778.00M$57.40M
2024-03-31$613.00M$56.50M
2023-03-31$394.98M$38.95M
2022-03-31$397.25M$57.66M
2021-03-31$450.38M$25.97M
2020-03-31$376.04M$23.81M
2019-03-31$349.79M$23.96M
2018-03-31$292.18M$22.19M
2017-03-31$251.19M$18.79M

Dividend history

Most recent payment
2026-09-04
Paid in the last twelve months
$1.95
Payment dateDividend per share
2026-09-04$0.69
2026-06-08$0.63
2026-02-17$0.63
2025-09-04$0.63
2025-06-10$0.57
2025-02-20$0.57
2024-11-19$0.57
2024-09-05$0.57

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.67

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026$2.54
2026-05-11Mar/2026$2.86
2026-02-04Dec/2025$2.53
2025-11-05Sep/2025$2.38
2025-08-06Jun/2025$2.32
2025-05-14Mar/2025$2.59
2025-02-05Dec/2024$2.32
2024-11-06Sep/2024$2.11

Filings and sources

Company website
steris.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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