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STERIS STE Debt-to-assets

Debt-to-assets at other companies

Ecolab logo
EcolabECL
0.0×
3M logo
3MMMM
0.3×0.0×
Stryker logo
StrykerSYK
0.3×-0.1×
Boston Scientific logo
Boston ScientificBSX
-0.3×
Fortive logo
FortiveFTV
0.3×+0.1×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
0.4×0.0×

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×
Current ratio2.1×+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 debt-to-assets?
STERIS (STE) reported debt-to-assets of 0.2× in Q1 2026.
How has STERIS's debt-to-assets changed year-over-year?
STERIS's debt-to-assets decreased by 15.3% year-over-year, from 0.2× to 0.2×.
What is the long-term trend for STERIS's debt-to-assets?
Over 4 years (2022 to 2026), STERIS's debt-to-assets has grown at a -11.3% compound annual growth rate (CAGR), from 1.2× to 0.7×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.