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) Operating margin

Alert me on 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

Against its own ten years

Low 8.66% High 18.6%
Ten-year median 15.6%
Current reading's percentile 95

Operating margin against peers

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

The full definition of Operating margin →

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