Discontinued — last reported Q4 '23

Business Segments · Segment operating income

Dental — Segment operating income

STERIS Dental — Segment operating income decreased by 25.4% to $18.29M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 10.1%, from $20.34M to $18.29M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ4 2023
Rolls up toOperating Income

How to read this metric

Higher operating income relative to revenue indicates strong operational efficiency and effective cost management within the dental segment.

Detailed definition

This metric represents the profit earned from the dental segment's operations after deducting direct operating expenses,...

Peer comparison

Standard operating profit margin analysis is common across all medical device manufacturers to compare segment-level performance.

Metric ID: ste_segment_dental_segment_operating_income

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q2 '22Q3 '22Q4 '22Q2 '23Q3 '23Q4 '23
Value$10.12M$32.39M$23.10M$19.60M$28.06M$20.34M$22.04M$24.52M$18.29M
QoQ Change+220.1%-28.7%-15.2%+43.2%-27.5%+8.4%+11.2%-25.4%
YoY Change+93.7%-13.4%-11.9%+12.5%-12.6%-10.1%
Range$10.12M$32.39M
CAGR+34.5%
Avg YoY Growth+9.7%
Median YoY Growth-11.0%

Frequently Asked Questions

What is STERIS's dental — segment operating income?
STERIS (STE) reported dental — segment operating income of $18.29M in Q4 2023.
How has STERIS's dental — segment operating income changed year-over-year?
STERIS's dental — segment operating income decreased by 10.1% year-over-year, from $20.34M to $18.29M.
What does dental — segment operating income mean?
The operating profit generated by the dental business segment after accounting for direct operating costs.