What is STERIS's accrued expenses?

STERIS (STE) reported accrued expenses of $221.1M in Q1 2026.

How has STERIS's accrued expenses changed year-over-year?

STERIS's accrued expenses increased by 167.0% year-over-year, from $82.8M to $221.1M.

What is the long-term trend for STERIS's accrued expenses?

Over 5 years (2021 to 2026), STERIS's accrued expenses has grown at a 30.9% compound annual growth rate (CAGR), from $57.55M to $221.1M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

STERIS STE Accrued Expenses

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$58.04M+10.8%

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$869.6M-22.5%

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$85.63M-24.8%

Other financials

Income statement

See full

Revenue$1.6B+7.3%

Gross profit$697.2M+8.8%

Operating income$316.8M+46.6%

Net income$220.2M+51.2%

EPS (diluted)$2.24+52.4%

Balance sheet

See full

Cash & equivalents$439.6M+156%

Total debt$2.1B-10.3%

Total equity$7.2B+8.8%

Total assets$10.7B+5.8%

Cash flow

See full

Operating cash flow$335.4M+28.6%

CapEx$90.2M+27.2%

Free cash flow$245.2M+29.1%

Valuation

See full

Market cap$20.86B-6.4%

Enterprise value$22.51B-6.0%

P/E26.7×-7.8×

P/S3.5×-0.5×

Profitability

See full

Gross margin44.2%+0.2pp

Operating margin18.6%+2.7pp

Net margin13.2%+1.9pp

FCF margin16.4%+2.1pp

Returns & leverage

See full

Return on equity11.3%+1.8pp

Debt / equity0.3×-0.1×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by STERIS in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: STERIS’s 10-K, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is STERIS's accrued expenses?: STERIS (STE) reported accrued expenses of $221.1M in Q1 2026.
How has STERIS's accrued expenses changed year-over-year?: STERIS's accrued expenses increased by 167.0% year-over-year, from $82.8M to $221.1M.
What is the long-term trend for STERIS's accrued expenses?: Over 5 years (2021 to 2026), STERIS's accrued expenses has grown at a 30.9% compound annual growth rate (CAGR), from $57.55M to $221.1M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.