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STERIS STE UNITED STATES — Business Combination, Acquisition Related Costs

Discontinued — last reported Q4 '22

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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$19.75B-2.6%
Enterprise value$21.39B-4.5%
P/E25.2×-7.8×
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
FCF margin16.4%+2.1pp

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

Reported directly by STERIS in its filing.

Tagged under the XBRL concept us-gaap:BusinessCombinationAcquisitionRelatedCosts.

The official record: STERIS’s 10-K, filed May 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is STERIS's UNITED STATES — business combination, acquisition related costs?
STERIS (STE) reported UNITED STATES — business combination, acquisition related costs of $51.45M in Q1 2022.
What does UNITED STATES — business combination, acquisition related costs mean?
The expenses incurred to acquire and integrate other companies into the U.S. operations.
How do you interpret UNITED STATES — business combination, acquisition related costs?
High costs relative to acquisition volume may indicate integration inefficiencies, while consistent costs reflect an active and ongoing M&A strategy.
How does UNITED STATES — business combination, acquisition related costs compare across companies?
Companies with aggressive M&A strategies typically show higher acquisition-related costs compared to those focused on organic growth.