Stock · STE · Healthcare

STERIS plc

United States · Large Cap · listed since 1992 · Revenue 12 mo. $6B

Price as of 11/06/2026

StockScorer score
4.5
of 10 5 of 11 points Low Match To the score
Price
$252.30
1 Y −12.6%
Market cap
$23.9B
Phase
Growth
revenue growing, core business profitable
Revenue +9.4% a year (3 years)EBIT margin 18.6%Payout 35.8% of operating cash flow

STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally.

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STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. It operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences. The company offers cleaning chemistries and sterility assurance products, automated endoscope reprocessing system and tracking products, endoscopy accessories, instruments, washers, and sterilizers and other pieces of capital equipment, as well as equipment used directly in the procedure rooms, including surgical tables, lights, equipment management services, and connectivity solutions; and various preventive maintenance programs, repair services, custom process improvement consulting, and outsourced instrument sterile processing, as well as instrument, devices, and endoscope repair and maintenance services. It also provides process controls and monitoring systems, as well as integrated sterilization equipment, such as accelerators, product handling, and automation; and sterilization modalities, product development, materials testing, and process validation, as well as support services for sterilization equipment and control systems comprising installation, preventive maintenance, updates, repairs, and troubleshooting. In addition, the company offers pharmaceutical detergents, cleanroom disinfectants and sterilants, pharmaceutical grade and research sterilizers and washers, sterility assurance and maintenance products, vaporized hydrogen peroxide room decontamination systems and sterilizers, and high purity water and pure steam generators; and preventive maintenance programs and repair services to support the operation of capital equipment. It serves healthcare providers, medical device and pharmaceutical manufacturers, biopharmaceutical manufacturing facilities, and hospitals. The company was formerly known as New STERIS Limited and changed its name to STERIS plc in November 2015. STERIS plc was founded in 1985 and is headquartered in Mentor, Ohio.

Original text from the data provider

Summary

STERIS plc is around the middle of the Healthcare sector overall

56.2 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 11.1% FCF growth a year, less than achieved over the last 5 and 10 years.

If free cash flow stays at €872.6M (2026), it supports €9.7B. The remaining €11.8B of the market value assume it grows 11.1% a year for 10 years and not at all afterwards.

Required FCF growth per year

11.1%

no growth afterwards

Market value breakdown€21.5B market value, price as of 11/06/2026

€9.7B without growth
€11.8B priced-in growth
  • 5 yrs achieved 23.9%
  • 10 yrs achieved 17.0%
  • priced in 11.1%

Valuation against its own history

Price to operating cash flow 19.2×, below its usual range.

Middle half of 20 quarters: 19.3× to 25.8×, median 22.5×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

3 signs support the expectation, none speaks against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 11.1%, achieved at least 17.0%
  • High, stable gross margin median 43.4%, range 5.3 pp (10 years)
  • Steady FCF margin at least 8.7%, range 7.7 pp (10 years)

What speaks against it

with respect to the priced-in expectation

No anomaly in the stored figures.

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 1 of 1 change for the worse.

  • FCF margin16.4% → 15.3%−1.1 ppworse

7 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, Net debt, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability46.1around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity10.93%11.52%Rank 47
Return on capital (Greenblatt)30.90%32.55%Rank 47
EBIT margin18.56%18.31%Rank 53
FCF margin16.38%14.12%Rank 56
Gross margin44.25%60.99%Rank 28
Growth72.2above the middleGrows faster than the sector: Earnings growth, 3 years per year 95.31%, sector 5.44%.
MetricStockSector medianPosition in sector
Revenue growth, 1 year8.73%8.04%Rank 54
Earnings growth, 3 years per year95.31%5.44%Rank 97
Earnings growth, 5 years per year11.45%7.00%Rank 61
Sustainable growth (ROE × retained earnings)6.22%3.66%Rank 77
Valuation49.4around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield3.15%2.90%Rank 53
FCF yield4.06%3.63%Rank 54
EV/saleslower is better4.314.03Rank 46
EV/EBITlower is better23.2321.73Rank 45
Momentum42.3around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year−12.59%8.66%Rank 28
Share price, 6 months22.10%24.27%Rank 47
Share price, 3 months11.38%15.42%Rank 39
Distance from 52-week high−6.09%−7.35%Rank 55
Quality59.2around the middleQuality about like the sector.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−0.42%0.30%Rank 57
Change in share countlower is better−0.37%0.00%Rank 59
Dividend streak in years1510Rank 74
Price reaction to results, market-adjusted−0.15%0.05%Rank 47
Balance sheet & risk68.3above the middleLess risk than the sector: Volatility, 1 year 26.18%, sector 31.42%.
MetricStockSector medianPosition in sector
Equity ratio66.90%48.40%Rank 75
Net debt/EBITDAlower is better1.031.11Rank 52
Debt to equitylower is better0.290.48Rank 63
Volatility, 1 yearlower is better26.18%31.42%Rank 82

Ten years in figures

Revenue from $2.6B (2017) to $5.9B (2026), 9.5% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $MSharesNet debt
20172.68.7%251.286.1M$1.2B
20182.615.3%292.285.7M$1.1B
20192.814.8%349.885.5M$962.6M
20203.017.7%376.085.6M$830.9M
20213.117.7%450.485.9M$1.4B
20224.211.3%397.298.3M$2.9B
20234.517.4%395.0100M$2.8B
20245.116.3%612.999.4M$3.2B
20255.515.9%778.099.1M$2.0B
20265.918.6%972.498.7M$1.6B
4.5 / 10Low MatchStockScorer score5 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

STERIS plc mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 50%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How STERIS plc's score is built

STERIS plc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

5 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector mediannot met0 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.met1 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does STERIS plc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Balanced GARP
  • Altman Z-Score: Stress Test
  • Earnings Quality: Accrual Check (Sloan)
  • Growth Momentum (CAN SLIM principle)
  • Undervalued Stocks: Multi-Factor Check
  • Dividend Aristocrats & Continuity
  • Magic Formula: Value + Quality
  • Levermann Strategy (13 Criteria)
  • High-Growth / Rule of 40
  • Acquirer's Multiple: EV/EBIT Deep Value
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

STERIS plc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for STERIS plc.

MetricStockSector
P/E ratio31.730.0
P/B ratio3.54.8
Return on equity (ROE)10.9%11.5%
Equity ratio66.9%48.4%
Debt-to-equity (D/E)0.290.48
Dividend yield1.0%1.3%

Similar stocks in Healthcare

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
STESTERIS plcthis page
ZBHZimmer Biomet Holdings IncLow4.5
DXCMDexCom IncHigh8.2
GKOSGlaukos Corplocked
PENPenumbra Inclocked
GEHCGE HealthCare Technologies Inc.locked

Frequently asked questions about STERIS plc stock

How does STERIS plc stock (STE) score in the StockScorer model?
STERIS plc stock reaches a StockScorer score of 4.5 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is STERIS plc's P/E ratio?
STERIS plc's P/E ratio is 31.7. The Healthcare sector median is 30.0.
What sector is STERIS plc in?
STERIS plc is assigned to the Healthcare sector. Its rank within the sector is 56.2 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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