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

STERIS plc (STE) Current ratio

Alert me on Current ratio

STERIS plc's current ratio at the end of the quarter to 30 June 2026 was 1.9×, down 0.2× from fiscal 2026 (2.1×). Over the past ten years it has ranged from 2.0× (fiscal 2025) to 3.1× (fiscal 2024); the current reading is higher than 25% of that period. That is below the Medical Devices industry median of 2.5× and below the Healthcare sector median of 3.0×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 2.1× 6.85%
FY2025 2.0× (36.48%)
FY2024 3.1× 32.02%
FY2023 2.3× 14.55%
FY2022 2.0× (2.83%)
FY2021 2.1× (13.73%)
FY2020 2.4× 7.30%
FY2019 2.3× (8.80%)
FY2018 2.5× (6.88%)
FY2017 2.7× 9.87%

Quarterly newest first

Period Current ratio Change
Jun 2026 1.9× (8.87%)
Mar 2026 2.1× (15.63%)
Dec 2025 2.5× 4.61%
Sep 2025 2.4× 6.70%
42 more quarters

Against its own ten years

Low 2.0× High 3.1×
Ten-year median 2.4×
Current reading's percentile 25

Current ratio against peers

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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