Loading…
STERIS plc
S&P 500
$20.8B
Market Cap
27.9
P/E
2.09
PEG
9.4%
ROCE
11.4%
ROE
0.29
D/E
18.6%
OPM
-20.9%
% from 52W High
32
α RS
🔍 STE is showing a high-conviction setup because it matches 4 of 39 tracked screener presets, an ECS of 56.4 last quarter, and debt_free_growers preset's Backtest win rate is 54.4% over 90 days. Net: Broad signal stack, not a recommendation. ? Conviction ECS Backtest
Sources
Conviction 4/39 · ECS 56.4 · Backtest win rate 54.4%
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for STE including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

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.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding STE
View All Superinvestors →
Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 32.9K $7.3M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 5 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q1 2027
Revenue
$1.5B
+7% YoY as reported; +6% constant-currency organic
EBIT Margin
23.8%
+100 bps YoY
Adjusted Net Income
$253.4M
+10% YoY vs $231.2M
Adjusted Diluted EPS
$2.59
+11% YoY vs $2.34
What Went Right
  • Healthcare services grew 10% and consumables grew 9%, supported by endoscopy procedural strength and share gains.
  • Gross margin expanded 70 bps to 46% and EBIT margin rose 100 bps to 23.8% on price and productivity.
  • Life Sciences constant-currency organic revenue grew 8%, with capital equipment up 17%.
What to Watch
  • AST services volume stayed light due to customer destocking and tough prior-year comps; AST EBIT margin fell 60 bps to 48%.
  • Healthcare capital equipment revenue rose only 1% on shipment timing, though orders grew 4% and backlog reached $444M.
  • Free cash flow declined to $279.6M from $326.5M, while the adjusted tax rate rose to 25.9% from 23.5%.
Management Guidance
  • Fiscal 2027 outlook maintained: as-reported revenue growth of 7%-8% and constant-currency organic revenue growth of 6%-7%.
  • Adjusted EPS guidance maintained at $11.10-$11.30, representing 9%-11% growth over fiscal 2026.
  • CapEx now expected to be ~$450M in fiscal 2027, with free cash flow of ~$800M; restructuring charges of $55M-$70M, with less than $10M in fiscal 2027.
Investor Lens
The thesis looks intact after Q1: revenue and margins grew, EPS beat prior-year by 11%, and management reaffirmed full-year guidance. The $600M chemistry center investment signals confidence in high-margin growth areas, but comes with execution and transition risk. AST's destocking drag and slower Healthcare capital shipments are near-term watchpoints, though order growth and second-half AST ramp expectations provide support. Overall, the quarter reinforces the company's resilient services/consumables model, though capex and free cash flow guidance bear watching.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG Solid Q1: revenue +7%, EPS $2.59, margins up; AST destocking remains.
Revenue
Q1 revenue rose 7% as reported to approximately $1.5B, with constant-currency organic growth of 6%. Healthcare grew 6% organic, AST grew 5%, and Life Sciences grew 8%; Healthcare services led at +10% and consumables were +9%.
Profitability
Adjusted net income was $253.4M versus $231.2M, and adjusted diluted EPS rose 11% to $2.59. As-reported net income was $200.1M, or $2.04 per diluted share, versus $177.4M, or $1.79, in the prior-year quarter.
Margins
Gross margin expanded 70 bps to 46%, helped by price and productivity despite inflation and tariffs. Total EBIT margin increased 100 bps to 23.8%, with segment margins of 24.8% for Healthcare, 48.0% for AST, and 42.1% for Life Sciences.
Balance Sheet
STERIS ended the quarter with $1.9B total debt and gross debt-to-EBITDA of roughly 1.1x. Free cash flow was $279.6M, down from $326.5M, with capex of $87.5M; the new $600M North Carolina chemistry facility raises fiscal 2027 capex to ~$450M.
Key Risks
Management flagged continued AST destocking in the near term, timing-related weakness in Healthcare capital equipment shipments, and $14M of gross tariff costs. The higher adjusted tax rate of 25.9% versus 23.5% was attributed to unfavorable discrete items.
Outlook
Full-year fiscal 2027 guidance is unchanged: revenue growth of 7%-8% as reported and 6%-7% organic, with adjusted EPS of $11.10-$11.30. Management expects AST growth to accelerate in the second half as comparisons ease and destocking normalizes.
Generated by AI · Q1 2027 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q1 2027 Q1 2027 2026-08-06
Revenue grew 7% year-over-year with margin expansion and strong EPS growth. Healthcare and Life Sciences segments delivered robust organic growth, while AST faced near-term headwinds from inventory destocking. A $600 million investment in a new chemistry center was announced, supporting long-term growth.
Q4 2026 Q4 2026 2026-05-12
Record fiscal 2026 results featured 9% revenue growth and 10% adjusted EPS growth, with all segments achieving milestones. Fiscal 2027 guidance calls for 7%-8% revenue growth, 9%-11% EPS growth, and continued investment in automation, M&A, and share buybacks.
Q3 2026 Q3 2026 2026-02-05
Q3 saw 9% revenue growth and 9% EPS growth, with strong segment performance and robust free cash flow, despite significant tariff headwinds. Fiscal 2026 guidance is maintained, with ongoing mitigation efforts for tariffs and continued strength in capital equipment backlogs.
Q2 2026 Q2 2026 2025-11-06
Second quarter revenue grew 10% year-over-year, with strong margin expansion and 15% EPS growth. All segments delivered robust organic growth, and full-year guidance was raised for revenue, earnings, and free cash flow.
Q1 2026 Q1 2026 2025-08-07
First quarter results showed 9% revenue growth and 15% higher adjusted EPS, with strong performance across all segments and a raised free cash flow outlook. Tariff costs increased but were offset by favorable FX, and a CFO transition was announced.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.