NYSE · Medical - Devices

STERIS plc (STE) Stock

$234.83 +1.95% NYSE: STE Healthcare

STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. The company operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences.

Valuation

MetricValue
Price$234.83
Market Cap$22.89B
P/E Ratio26.84
P/B Ratio2.90
P/S Ratio3.57
EPS (TTM)$7.93
52-Week High$269.44
52-Week Low$195.14
Dividend Yield1.14%

Financials & Margins

MetricValue
ROE10.91%
ROA7.31%
ROCE15.31%
Gross Margin18.56%
Operating Margin18.56%
Net Margin13.18%
Debt/Equity0.27
Current Ratio2.09

Annual Financials (USD)

Metric20222023202420252026
Revenue$4.2B$4.5B$5.1B$5.5B$5.9B
Operating Profit$478.0M$791.0M$836.0M$867.0M$1.1B
Net Profit$244.0M$107.0M$378.0M$615.0M$785.0M
EPS$2.48$1.07$3.81$6.20$7.93
Op Margin11.3%17.4%16.3%15.9%18.6%

Balance Sheet (USD)

Metric20222023202420252026
Total Assets$11.4B$10.8B$11.1B$10.1B$10.7B
Total Liabilities$4.9B$4.7B$4.7B$3.5B$3.5B
Cash$348.0M$208.0M$207.0M$172.0M$440.0M
Borrowings$3.3B$3.2B$3.4B$2.2B$1.9B

Latest News

2 S&P 500 Stocks to Keep an Eye On and 1 We Avoid StockStory · Jul 22, 2026 STE: Raising target price to $233.00 Argus Research · Jul 22, 2026 Stephens Adjusts STERIS Price Target to $240 From $270, Maintains Overweight Rating MT Newswires · Jul 20, 2026 STERIS' Quarterly Earnings Preview: What You Need to Know Barchart · Jul 17, 2026 CVRx (CVRX) Moves 11.6% Higher: Will This Strength Last? Zacks · Jun 29, 2026

Cash Flow (USD)

Metric20222023202420252026
Operating Cash Flow$685.0M$757.0M$973.0M$1.1B$1.3B
Investing Cash Flow$-954.0M$-745.0M$-1.2B$19.0M$-881.0M
Financing Cash Flow$-93.0M$-309.0M$-6.0M$-188.0M$-237.0M
Net Cash Flow$128.0M$-140.0M$-1.0M$-35.0M$268.0M
Free Cash Flow$397.0M$395.0M$613.0M$778.0M$972.0M

Valuation & Return Ratios

MetricValue
PEG Ratio
EV / EBITDA20.31
FCF Yield4.59%
Quick Ratio1.54
Interest Coverage18.07
Return 1Y-4.12%
Return 3Y-6.23%
Return 5Y4.41%

Ownership

Insiders Held0.31%
Institutions Held100.76%
Institutions Float Held101.07%
Institutional HolderSharesReport Date
Blackrock Inc.9,026,6212026-03-31
Vanguard Capital Management LLC6,366,3782026-03-31
State Street Corporation4,991,8682026-03-31
Vanguard Portfolio Management LLC4,950,0402026-03-31
Morgan Stanley4,394,2632026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
BIIBBiogen Inc. $202.30 +0.05% 20.80 $29.87B 0.00%
DGXQuest Diagnostics Incorporated $235.90 +1.75% 21.70 $26.04B 1.68%
DXCMDexCom, Inc. $73.51 +2.75% 26.01 $28.37B 0.00%
LHLabcorp Holdings Inc. $314.14 +4.31% 24.43 $25.76B 1.12%
PHGKoninklijke Philips N.V. $26.59 +0.45% 23.26 $25.99B 3.70%

About STERIS plc

STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. The company operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences. It offers a range of products including cleaning chemistries, sterility assurance products, automated endoscope reprocessing systems, surgical tables, lights, and connectivity solutions. It also provides services such as equipment maintenance, instrument repair, and contract sterilization for medical device and pharmaceutical manufacturers.

STERIS plc is led by CEO Daniel A. Carestio, employs 17,937 people, headquartered in Dublin, IE, publicly traded since 1992.

STERIS plc (STE) stock trades at $234.83 with a market capitalization of $22.89B. The stock is valued at a price-to-earnings (P/E) ratio of 26.84, price-to-book of 2.90, price-to-sales of 3.57. Over the past 52 weeks the stock has ranged between $195.14 and $269.44, and currently trades 12.8% below its 52-week high. It pays a dividend yielding 1.14%.

On profitability, STERIS plc generates a return on equity (ROE) of 10.91%, return on capital employed of 15.31%, an operating margin of 18.56%, a net profit margin of 13.18%.

In its most recent fiscal year, STERIS plc reported annual revenue of $5.9B, net profit of $785.0M, revenue has compounded at 13.8% a year over the last five years, profit at 14.6% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.27 — a conservative balance sheet with little leverage risk, a current ratio of 2.09, total assets of $10.7B, $440.0M in cash and equivalents.

STE has an average daily trading volume of 801,450 shares, a beta of 0.92.

Official website: www.steris.com

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