STERIS plc

STE Healthcare Medical Devices

STERIS plc’s revenue for fiscal 2026 (year ended March 2026) was $5.9 billion, up 8.73% from fiscal 2025. In the quarter to June 2026, revenue grew 7.30%, EPS grew 13.9%, free cash flow fell 14.4% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

222.66 1.67 −0.74%
Market cap
$21.9B
P/E
27.1×
Fwd P/E
23.6×
Dividend yield
1.16%
F-score
9/9
Altman Z
5.10
Beneish M
−2.68
Dividend safety
86/100
Mar '17 Mar '18 Mar '19 Mar '20 Mar '21 Mar '22 Mar '23 Mar '24 Mar '25 Mar '26
Piotroski F-Score
5 8 8 8 3 4 5 7 8 9
P/E ratio
54.27 26.54 35.30 29.10 41.05 99.91 175.49 57.71 36.38 27.78
Altman Z-Score
2.79 3.60 4.77 4.99 4.91 3.75 3.45 3.99 5.07 5.10
P/S ratio
2.27 2.95 3.87 3.92 5.22 5.58 4.20 4.25 4.09 3.66
Altman Z″-Score (non-manufacturers)
3.18 3.68 3.94 4.30 3.68 2.81 3.11 3.67 3.97 4.50
P/FCF ratio
23.19 26.30 30.33 31.21 35.99 59.10 46.57 35.20 28.39 22.09
P/Operating CF
44.08 59.64 60.24 59.56 86.39 137.31 88.38 85.69 85.69 64.74
Beneish M-Score
(2.79) (2.47) (2.67) (2.58) (2.65) (2.44) (2.47) (2.56) (2.59) (2.68)
Dividend Safety Score
— — — — — — — — — 86
P/B ratio
2.11 2.41 3.38 3.47 4.17 3.60 3.13 3.46 3.38 3.02
Price to Tangible BV
0.00 136.93 41.73 23.89 0.00 0.00 145.30 174.21 33.57 15.71
EV/Sales
2.73 3.38 4.22 4.20 5.69 6.23 4.84 4.83 4.44 3.91
EV/EBITDA
15.09 15.31 18.43 17.32 23.04 23.98 16.24 17.66 18.04 14.61
EV/Operating CF
16.82 19.35 21.76 21.53 25.64 38.44 28.99 25.52 21.10 17.30
EV/FCF
27.86 30.09 33.04 33.45 39.21 65.97 53.57 40.03 30.77 23.61
Quick Ratio
2.01 1.83 1.69 1.80 1.44 1.24 1.25 1.31 1.19 1.34
Current Ratio
2.67 2.48 2.27 2.43 2.10 2.04 2.33 3.08 1.96 2.09
Net Debt/EBITDA
2.53 1.93 1.51 1.16 1.89 2.50 2.12 2.13 1.39 0.94
Debt/Assets
30.02% 25.31% 23.32% 21.51% 25.46% 27.03% 28.45% 28.98% 20.14% 17.99%
Debt/Equity
0.53 0.41 0.37 0.34 0.43 0.47 0.51 0.51 0.31 0.27
Asset Turnover
0.51 0.52 0.54 0.58 0.52 0.47 0.41 0.47 0.51 0.57
Operating CF/Net income
3.86 1.57 1.78 1.45 1.74 2.81 7.07 2.57 1.87 1.71
Capex/Depreciation
(0.68) (0.92) (0.82) (1.07) (1.09) (0.46) (0.62) (0.62) (0.76) (0.74)
Interest Coverage
5.08 7.90 9.13 13.33 14.75 5.34 7.33 5.79 10.04 18.15
ROE
3.76% 9.65% 9.49% 12.35% 10.87% 4.67% 1.69% 6.10% 9.51% 11.33%
ROA
2.14% 5.75% 5.91% 7.75% 6.61% 2.71% 0.96% 3.46% 5.80% 7.49%
ROIC
3.53% 5.77% 6.19% 7.86% 6.41% 3.22% 5.52% 5.61% 6.38% 7.92%
Return on Tangible Assets
7.08% 18.16% 18.75% 22.25% 21.26% 9.72% 3.85% 10.21% 20.94% 22.94%
Average Days of Receivables
67.54 73.57 74.10 70.63 71.58 69.06 69.60 71.62 69.80 67.20
Research and Development Expense of Revenue
2.27% 2.32% 2.27% 2.16% 2.13% 2.05% 2.17% 2.02% 1.97% 1.90%
Selling, General and Administrative Expense of Revenue
26.10% 24.12% 24.08% 23.65% 23.53% 31.22% 24.04% 24.37% 24.44% 23.72%
Intangible Assets out of Total Assets
0.60 0.61 0.58 0.54 0.60 0.68 0.55 0.56 0.59 0.54
Share Based Compensation of Revenue
0.72% 0.85% 0.86% 0.79% 0.84% 1.37% 0.86% 1.10% 1.05% 1.04%
Graham Net Nets
(0.18) (0.13) (0.08) (0.07) (0.09) (0.13) (0.14) (0.09) (0.07) (0.05)
Graham Number
30.77 54.04 55.31 66.06 69.05 60.45 38.69 74.22 96.98 114.57
Earnings Yield
1.84% 3.77% 2.83% 3.44% 2.44% 1.00% 0.57% 1.73% 2.75% 3.60%
Free Cash Flow Yield
4.31% 3.80% 3.30% 3.20% 2.78% 1.69% 2.15% 2.84% 3.52% 4.53%
Revenue per Share
30.57 30.81 32.90 35.75 36.47 43.30 45.50 52.01 55.37 60.45
Operating CF per Share
4.96 5.38 6.38 6.97 8.09 7.02 7.59 9.85 11.64 13.66
Capex per Share
(1.97) (1.92) (2.18) (2.48) (2.80) (2.93) (3.48) (3.57) (3.66) (3.65)
Free Cash Flow per Share
3.00 3.46 4.20 4.48 5.29 4.09 4.11 6.28 7.98 10.01
Cash per Share
3.31 2.37 2.61 3.77 2.59 3.57 2.09 2.10 1.74 4.48
Shareholders Equity per Share
32.88 37.84 37.67 40.32 45.67 67.10 61.05 63.92 67.10 73.29
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
32.88 37.84 37.67 40.32 45.67 67.10 61.05 63.92 67.10 73.29
Free Cash Flow
256.03 294.27 355.36 380.20 450.95 398.99 409.57 620.40 787.20 982.90
Working Capital
636.22 591.20 588.54 720.43 633.83 956.78 1,149.60 1,938.00 978.60 1,249.60
Capital Expenditures
(168.05) (163.36) (184.15) (210.36) (238.69) (285.82) (347.38) (352.90) (360.90) (358.50)
Net Current Asset Value
(1,096.62) (993.38) (833.54) (798.62) (1,471.25) (2,999.96) (2,723.22) (1,879.23) (1,530.30) (1,145.40)
EV/EBIT
31.53 22.14 28.56 23.68 32.25 55.09 27.74 29.71 27.95 21.06
Capex to Sales
0.06 0.06 0.07 0.07 0.08 0.07 0.08 0.07 0.07 0.06
Price to Operating Income
26.25 19.35 26.22 22.10 29.60 49.35 24.11 26.12 25.79 19.71
Other line items
Depreciation/Fixed assets
0.27 0.18 0.22 0.18 0.18 0.40 0.34 0.32 0.24 0.23
Cash ROIC
5.60% 6.21% 7.74% 7.75% 7.79% 4.00% 4.37% 6.38% 8.91% 10.27%
Accounts Receivable Turnover
5.47 5.18 5.09 5.27 5.20 6.00 5.45 5.49 5.32 5.56
Accounts Payable Turnover
11.62 11.34 11.13 11.32 11.52 12.23 10.43 11.32 11.48 10.68
Inventory Turnover
8.12 7.57 7.76 7.25 6.10 5.26 4.33 4.57 4.87 5.46
Average Days of Payables
30.71 32.47 34.73 31.86 32.47 35.21 37.73 31.46 33.53 37.37
Days of Inventory on Hand
45.51 49.17 47.29 56.22 65.18 89.67 86.33 84.30 69.41 69.68
Average Receivables
477.49 505.76 546.45 575.66 597.94 704.22 832.01 936.65 1,026.16 1,068.40
Average Payables
136.53 134.67 144.39 151.13 153.15 191.34 244.95 257.94 266.26 309.80
Average Inventory
195.31 201.78 206.99 235.89 289.31 445.03 589.70 639.47 627.92 606.55
Average Assets
5,135.44 5,062.39 5,136.70 5,256.97 6,007.67 8,999.03 11,122.72 10,942.77 10,605.25 10,442.00
Average Common Equity
2,924.45 3,013.65 3,201.54 3,302.00 3,654.84 5,218.05 6,315.90 6,201.26 6,465.57 6,906.55

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