Non-Current Assets

PP&E (Net)

STERIS PP&E (Net) increased by 2.0% to $2.13B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.0%, from $1.92B to $2.13B. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 12.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.

Detailed definition

This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...

Peer comparison

Standard line item for all manufacturing and industrial companies; directly comparable across peers.

Metric ID: property_plant_equipment_net

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$1.50B$1.51B$1.52B$1.55B$1.57B$1.57B$1.67B$1.63B$1.73B$1.74B$1.84B$1.77B$1.83B$1.93B$1.92B$1.96B$2.05B$2.09B$2.13B
QoQ Change+0.8%+0.7%+2.0%+1.3%-0.1%+6.3%-2.3%+5.7%+1.0%+5.8%-4.3%+3.9%+5.2%-0.4%+1.8%+5.0%+1.8%+2.0%
YoY Change+4.9%+4.0%+9.8%+5.2%+9.7%+10.9%+10.4%+8.1%+6.3%+10.7%+4.2%+10.8%+12.0%+8.4%+11.0%
Range$1.50B$2.13B
CAGR+8.1%
Avg YoY Growth+8.4%
Median YoY Growth+9.7%
Current Streak4 quarters growth

Geographic Breakdown — Other Foreign Entities

View all
SegmentQ3 '21Q4 '21Q1 '22Q1 '23Q1 '24Q1 '25Q2 '25Q3 '25
Other Foreign Entities$576.40M$607.01M$611.24M$694.26M$686.60M$872.90M$928.10M$945.90M
Total$1.51B$1.52B$1.55B$1.63B$1.77B$1.96B$2.05B$2.09B

Other Foreign Entities was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — Other locations

View all
SegmentQ4 '25
Other locations$967.80M
Total$2.13B

Frequently Asked Questions

What is STERIS's pp&e (net)?
STERIS (STE) reported pp&e (net) of $2.13B in Q4 2025.
How has STERIS's pp&e (net) changed year-over-year?
STERIS's pp&e (net) increased by 11.0% year-over-year, from $1.92B to $2.13B.
What is the long-term trend for STERIS's pp&e (net)?
Over 4 years (2021 to 2025), STERIS's pp&e (net) has grown at a 12.2% compound annual growth rate (CAGR), from $1.24B to $1.96B.
What does pp&e (net) mean?
The current book value of physical assets after accounting for wear and tear.