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.

Revenue
+8.79%
EPS
+12.8%
Free cash flow
+43.6%
Total debt
−0.21%

Quarter to September 2026, against a year earlier

253.25 0.87 −0.34%
Market cap
$24.8B
P/E
30.0×
Fwd P/E
25.1×
Dividend yield
1.02%
F-score
9/9
Altman Z
5.10
Beneish M
−2.68
Dividend safety
86/100

STERIS plc (STE) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, STERIS plc (STE) trades at a price to free cash flow of 26.4×. Over the past ten years it has ranged from 13.8× (June 2015) to 61.8× (April 2022); the current reading is higher than 22% of that period. That is below the Medical Devices industry median of 28.8× and above the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2026 22.1× (22.18%)
FY2025 28.4× (19.35%)
FY2024 35.2× (24.41%)
FY2023 46.6× (21.21%)
FY2022 59.1× 64.22%
FY2021 36.0× 15.31%
FY2020 31.2× 2.91%
FY2019 30.3× 15.32%
FY2018 26.3× 13.42%
FY2017 23.2× (40.40%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 21.8× (0.70%)
Jun 2026 22.0× (0.62%)
Mar 2026 22.1× (16.88%)
Dec 2025 26.6× 5.93%
43 more quarters

Against its own ten years

Low 13.8× High 61.8×
Ten-year median 31.8×
Current reading's percentile 22

Price to free cash flow against peers

Company Price to free cash flow
SNN Smith & Nephew SNATS, Inc. compare 7.1×
PHG Koninklijke Philips N.V. compare 14.1×
GMED Globus Medical, Inc. compare 14.5×
ZBH Zimmer Biomet Holdings, Inc. compare 18.2×
GEHC GE HealthCare Technologies Inc. compare 19.9×
STE STERIS plc 26.4×
DXCM DexCom, Inc. compare 28.8×
PEN Penumbra, Inc. compare 63.1×
GKOS Glaukos Corporation compare 360×
Medical Devices industry median 28.8×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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