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STERIS STE Current ratio

Current ratio at other companies

Ecolab logo
EcolabECL
-0.3×
3M logo
3MMMM
1.6×-0.1×
Stryker logo
StrykerSYK
2.1×+0.5×
Boston Scientific logo
Boston ScientificBSX
1.9×+0.4×
Fortive logo
FortiveFTV
0.7×-0.3×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
1.5×-0.2×

Other financials

Income statement

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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

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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

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Operating cash flow$335.4M+28.6%
CapEx$90.2M+27.2%
Free cash flow$245.2M+29.1%

Valuation

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Market cap$19.43B-2.6%
Enterprise value$21.08B-4.5%
P/E24.8×-7.6×
P/S3.3×-0.4×

Profitability

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Gross margin44.2%+0.2pp
Operating margin18.6%+2.7pp
Net margin13.2%+1.9pp

Returns & leverage

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Return on equity11.3%+1.8pp
Debt / equity0.3×-0.1×

Where this comes from

Calculated from STERIS’s reported figures.

Based on the most recent quarter.

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 current ratio?
STERIS (STE) reported current ratio of 2.1× in Q1 2026.
How has STERIS's current ratio changed year-over-year?
STERIS's current ratio increased by 6.9% year-over-year, from 2× to 2.1×.
What is the long-term trend for STERIS's current ratio?
Over 4 years (2022 to 2026), STERIS's current ratio has grown at a 2.4% compound annual growth rate (CAGR), from 8.3× to 9.2×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.