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STERIS STE Free cash flow margin

Free cash flow margin at other companies

Baxter International logo
Baxter InternationalBAX
3%-2.4pp
Ecolab logo
EcolabECL
11.4%+1.8pp
3M logo
3MMMM
15.8%+11.8pp
Stryker logo
StrykerSYK
18.2%+1.3pp
Mesa Laboratories logo
Mesa LaboratoriesMLAB
15.9%-1.8pp
Boston Scientific logo
Boston ScientificBSX
16.9%-0.3pp

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$22.26B-0.9%
Enterprise value$23.91B-0.9%
P/E28.5×-6.3×
P/S3.8×-0.3×

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 trailing twelve months.

The source filing: STERIS’s 10-K, filed May 29, 2026. Open the filing →

Filed
May 29, 2026, 4:04 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-039136

FAQ

What is STERIS's free cash flow margin?
STERIS (STE) reported free cash flow margin of 16.4% in Q1 2026.
How has STERIS's free cash flow margin changed year-over-year?
STERIS's free cash flow margin increased by 15.0% year-over-year, from 14.3% to 16.4%.
What is the long-term trend for STERIS's free cash flow margin?
Over 5 years (2021 to 2026), STERIS's free cash flow margin has grown at a 2.5% compound annual growth rate (CAGR), from 14.5% to 16.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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