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STERIS STE Net margin

Net margin at other companies

Ecolab logo
EcolabECL
12.8%-0.6pp
3M logo
3MMMM
11.1%-6.7pp
Stryker logo
StrykerSYK
13.2%+0.9pp
Boston Scientific logo
Boston ScientificBSX
17.3%+5.7pp
Fortive logo
FortiveFTV
12.8%-6.7pp
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
15.2%+1.0pp

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

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 net margin?
STERIS (STE) reported net margin of 13.2% in Q1 2026.
How has STERIS's net margin changed year-over-year?
STERIS's net margin increased by 17.1% year-over-year, from 11.3% to 13.2%.
What is the long-term trend for STERIS's net margin?
Over 4 years (2022 to 2026), STERIS's net margin has grown at a 16.3% compound annual growth rate (CAGR), from 26.8% to 49%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.