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.
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STERIS plc (STE) Operating margin
STERIS plc's operating margin over the twelve months to 30 June 2026 was 18.9%, up 0.4 percentage points from fiscal 2026 (18.6%). Over the past ten years it has ranged from 8.66% (fiscal 2017) to 18.6% (fiscal 2026) — the current reading is the highest in ten years. That is above the Medical Devices industry median of −15.0% and above the Healthcare sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 18.6% | 2.69 |
| FY2025 | 15.9% | (0.40) |
| FY2024 | 16.3% | (1.17) |
| FY2023 | 17.4% | 6.13 |
| FY2022 | 11.3% | (6.34) |
| FY2021 | 17.7% | (0.07) |
| FY2020 | 17.7% | 2.95 |
| FY2019 | 14.8% | (0.49) |
| FY2018 | 15.3% | 6.60 |
| FY2017 | 8.66% | (0.85) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 19.2% | (0.79) |
| Mar 2026 | 19.9% | 1.67 |
| Dec 2025 | 18.3% | 0.07 |
| Sep 2025 | 18.2% | 0.52 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DXCM DexCom, Inc. compare | 22.9% |
| GMED Globus Medical, Inc. compare | 20.3% |
| STE STERIS plc | 18.9% |
| ZBH Zimmer Biomet Holdings, Inc. compare | 14.2% |
| GEHC GE HealthCare Technologies Inc. compare | 12.9% |
| PEN Penumbra, Inc. compare | 12.5% |
| PHG Koninklijke Philips N.V. compare | 9.64% |
| BIO.B Bio-Rad Laboratories, Inc. compare | 2.05% |
| SNN Smith & Nephew SNATS, Inc. compare | 0.00% |
| Medical Devices industry median | −15.0% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on STE
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement