Other

Future pension and postretirement benefit obligations

STERIS Future pension and postretirement benefit obligations increased by 2.6% to $3.90M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $3.17M to $3.90M. Over 4 years (FY 2021 to FY 2025), Future pension and postretirement benefit obligations shows a downward trend with a -3.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

An increase indicates a growing unfunded pension liability, which may require future cash contributions, while a decrease suggests improved funding status.

Detailed definition

This represents the long-term actuarial obligation for defined benefit pension plans that exceed the fair value of plan...

Peer comparison

Highly dependent on discount rates and actuarial assumptions, making it comparable across companies with legacy pension plans.

Metric ID: other_defined_benefit_pension_plan_liabilities_noncurrent

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.02M$2.58M$1.21M$1.77M$3.60M$3.52M$3.84M$2.88M$2.98M$2.99M$3.21M$2.73M$3.02M$3.26M$3.17M$3.30M$3.70M$3.80M$3.90M
QoQ Change-35.7%-53.1%+46.3%+103.2%-2.2%+8.9%-25.0%+3.5%+0.4%+7.5%-15.2%+10.9%+7.9%-2.9%+4.2%+12.1%+2.7%+2.6%
YoY Change-10.4%+36.4%+216.8%+62.3%-17.3%-15.2%-16.2%-5.2%+1.5%+9.1%-1.5%+21.0%+22.4%+16.5%+23.2%
Range$1.21M$4.02M
CAGR-0.7%
Avg YoY Growth+22.9%
Median YoY Growth+9.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is STERIS's future pension and postretirement benefit obligations?
STERIS (STE) reported future pension and postretirement benefit obligations of $3.90M in Q4 2025.
How has STERIS's future pension and postretirement benefit obligations changed year-over-year?
STERIS's future pension and postretirement benefit obligations increased by 23.2% year-over-year, from $3.17M to $3.90M.
What is the long-term trend for STERIS's future pension and postretirement benefit obligations?
Over 4 years (2021 to 2025), STERIS's future pension and postretirement benefit obligations has grown at a -3.1% compound annual growth rate (CAGR), from $3.75M to $3.30M.
What does future pension and postretirement benefit obligations mean?
The long-term debt owed to employee pension plans that is not covered by current plan assets.