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STERIS STE Free cash flow yield

Free cash flow yield at other companies

Ecolab logo
EcolabECL
2.5%+0.4pp
3M logo
3MMMM
2.7%+2.6pp
Stryker logo
StrykerSYK
3.6%+1.1pp
Boston Scientific logo
Boston ScientificBSX
3.7%+1.7pp
Fortive logo
FortiveFTV
5.7%-0.1pp
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
3.7%+0.1pp

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 trailing twelve months.

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 free cash flow yield?
STERIS (STE) reported free cash flow yield of 4.5% in Q1 2026.
How has STERIS's free cash flow yield changed year-over-year?
STERIS's free cash flow yield increased by 28.3% year-over-year, from 3.5% to 4.5%.
What is the long-term trend for STERIS's free cash flow yield?
Over 4 years (2022 to 2026), STERIS's free cash flow yield has grown at a 21.4% compound annual growth rate (CAGR), from 7.3% to 16%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.