Stocktoria

STERIS plc STE

NYSE · stock · Orthopedic, Prosthetic & Surgical Appliances & Supplies · website · IPO 2015-11-03

STERIS plc statistics & valuation

Market cap$21.0B
P / E26.9×
P / S3.5×
P / B2.9×
P / FCF21.6×
Dividend yield1.15%
Net margin13.2%
Return on equity10.9%
FCF margin16.4%
Net debt$1.4B
Net debt / EBITDA0.9×
Enterprise value USD$22.4B
EV / EBITDA14.1×
Earnings yield EBIT/EV4.9%
Return on capital11.5%
Graham number -51.8%$114.06

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($114.06); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.10% 10.90% 13.50% 12.80% 5.80% 2.40% 7.40% 11.30% 13.20% 201820192020202120222023202420252026
Gross margin (%)
41.70% 42.20% 43.60% 43.20% 44.60% 43.70% 43.20% 44.00% 44.20% 201820192020202120222023202420252026
Operating margin (%)
15.30% 14.80% 17.70% 17.60% 11.30% 17.40% 16.30% 15.90% 18.60% 201820192020202120222023202420252026
Return on equity (%)
9.00% 9.50% 11.90% 10.20% 3.70% 1.80% 6.00% 9.30% 10.90% 201820192020202120222023202420252026
Shares outstanding
85.7M 85.5M 85.6M 85.9M 100.1M 100.2M 99.4M 99.1M 98.7M 201820192020202120222023202420252026
Net debt ($)
$1.11B $962.6M $830.9M $1.43B $2.60B $2.81B $2.91B $1.75B $1.37B 201820192020202120222023202420252026
Share buybacks ($)
201820192020202120222023202420252026
Return on assets (%)
5.60% 6.00% 7.50% 6.00% 2.10% 1.00% 3.40% 6.10% 7.30% 201820192020202120222023202420252026
Free cash flow margin (%)
11.20% 12.60% 12.40% 14.50% 9.40% 8.70% 11.90% 14.30% 16.40% 201820192020202120222023202420252026
Debt / equity (×)
0.41× 0.37× 0.34× 0.42× 0.45× 0.50× 0.49× 0.29× 0.25× 201820192020202120222023202420252026
EPS ($)
$3.39 $3.55 $4.76 $4.63 $2.48 $1.07 $3.81 $6.20 $7.93 201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

STERIS plc trades at about 29.8× earnings — below its 10-year norm (10-year range 27.3×–176.2×, median 36.9×).

27.3× 176.2×

Shaded band = 10-year range (27.3×–176.2×); dot = today's 29.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin44.2%44.0%43.2%43.7%44.6%43.2%43.6%42.2%41.7%
Operating margin18.6%15.9%16.3%17.4%11.3%17.6%17.7%14.8%15.3%
Net margin13.2%11.3%7.4%2.4%5.8%12.8%13.5%10.9%11.1%
FCF margin16.4%14.3%11.9%8.7%9.4%14.5%12.4%12.6%11.2%
Return on assets7.3%6.1%3.4%1.0%2.1%6.0%7.5%6.0%5.6%
Return on equity10.9%9.3%6.0%1.8%3.7%10.2%11.9%9.5%9.0%
Debt / equity0.25×0.29×0.49×0.50×0.45×0.42×0.34×0.37×0.41×
Current ratio2.091.963.082.332.042.102.432.272.48

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.