10 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 13.8% per year over the past 5 years.
Net income has grown faster than revenue (14.5% vs 13.8% per year).
Operating margin has been roughly flat, at 18.6% in the latest year.
Free cash flow has grown 16.6% per year over the past 5 years.
Financial health
Total debt ($1.9B) exceeds cash ($440M); net debt is $1.5B.
Total debt has grown slower than revenue (3.2% vs 13.8% per year).
Operating income covered interest expense 18× in the latest year.
Total debt is 1.2× EBITDA.
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 30.9% of earnings and 24.9% of free cash flow.
The dividend has grown 12.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$5.9B
$782M
44.2%
18.6%
$972M
$1.9B
$440M
2025
$5.5B
$615M
44.0%
15.9%
$778M
$2.0B
$172M
2024
$5.1B
$378M
43.2%
16.3%
$613M
$3.2B
$207M
2023
$4.5B
$107M
43.7%
17.4%
$395M
$3.1B
$208M
2022
$4.2B
$244M
44.6%
11.3%
$397M
$3.1B
$348M
2021
$3.1B
$397M
43.2%
17.6%
$450M
$1.7B
$221M
2020
$3.0B
$408M
43.6%
17.7%
$376M
$1.2B
$320M
2019
$2.8B
$304M
42.2%
14.8%
$350M
$1.2B
$221M
2018
$2.6B
$291M
41.7%
15.3%
$292M
$1.3B
—
2017
$2.6B
$110M
39.3%
8.7%
$251M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.6B
$220M
43.9%
19.9%
$245M
$1.9B
$440M
Dec '25
$1.5B
$193M
43.8%
18.3%
$200M
$1.9B
$424M
Sep '25
$1.5B
$192M
44.2%
18.2%
$201M
$1.9B
$319M
Jun '25
$1.4B
$177M
45.1%
17.7%
$326M
$1.9B
$280M
Mar '25
$1.5B
$146M
43.3%
14.6%
$190M
$2.0B
$172M
Dec '24
$1.4B
$174M
44.5%
17.9%
$244M
$2.2B
$155M
Sep '24
$1.3B
$150M
43.6%
16.5%
$149M
$2.2B
$172M
Jun '24
$1.3B
$145M
44.7%
14.5%
$196M
$2.3B
$198M
Mar '24
$1.4B
-$1M
41.1%
15.5%
$163M
$3.2B
$207M
Dec '23
$1.3B
$141M
43.2%
17.5%
$172M
$3.3B
$196M
Sep '23
$1.2B
$115M
44.1%
15.5%
$63M
$3.4B
$214M
Jun '23
$1.2B
$124M
44.7%
16.7%
$215M
$2.9B
$209M
Mar '23
$1.3B
$187M
42.6%
58.4%
$144M
$3.1B
$208M
Dec '22
$1.1B
$124M
43.0%
17.2%
$114M
$3.1B
$259M
Sep '22
$1.1B
-$315M
44.2%
-28.1%
$21M
$3.0B
$258M
Jun '22
$1.2B
$111M
44.8%
13.7%
$116M
$3.0B
$316M
Mar '22
$1.2B
$52M
47.2%
7.6%
$99M
$3.1B
$348M
Dec '21
$1.2B
$144M
44.5%
16.8%
$163M
$3.3B
$359M
Sep '21
$1.2B
$70M
40.1%
9.7%
$94M
$3.4B
$383M
Jun '21
$968M
-$22M
44.0%
1.5%
$41M
$3.4B
$535M
Valuation over time
How the market has priced STE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 174.4× (Mar '23) to 26.3× (Jun '26).
The price-to-sales ratio has fallen from 4.1× (Mar '23) to 3.5× (Jun '26).
The dividend yield has risen from 1.0% (Mar '23) to 1.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is STE growing its revenue and profit?
Over the past 5 years, Steris's revenue has grown 13.8% per year, and net income grown 14.5% per year. These are computed facts, not advice.
How much debt does STE have?
As of FY2026, Steris reported $1.9B of total debt against $440M of cash; operating income covered interest expense 18×.
What is STE's profit margin?
In FY2026, gross margin was 44.2%, operating margin 18.6%, and net margin 13.2%.
What is STE's P/E ratio?
As of Jun '26, Steris traded at a price-to-earnings ratio of about 26.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.