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218.71 USD
P/E
30.60
EPS
7.17
Yield
1.12%
Safety Score
100
P/B
3.01
ROE
10.47
Beta
1.04
Target Price
279.29 USD
STERIS plc logo

STERIS plc

🧾 Earnings Recap – Q3 2026

STERIS plc reported a 9% increase in total revenue for Q3 2026, driven by strong organic growth in healthcare and life sciences, despite challenges from tariffs and inflation impacting margins.

  • Adjusted earnings per diluted share rose 9% year-over-year to $2.53.
  • Constant currency organic revenue growth was 8%, with healthcare services achieving an impressive 11% growth.
  • Gross margin declined to 43.9%, primarily due to increased tariffs and inflation, resulting in a decrease in EBIT margin to 22.9%.
  • Free cash flow for the first nine months reached $7.368 billion, reflecting increased earnings and lower capital spending.
  • The fiscal 2026 guidance remains unchanged, targeting 8% to 9% revenue growth, with total earnings expected between $10.00 and $10.30 per diluted share.
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Key Metrics
Earnings dateMay 13, 2026
P/E30.60
EPS7.17
Book Value72.93
Price to Book3.01
Debt/Equity28.65
% Insiders0.308%
Growth
Revenue Growth0.09%
Earnings Growth0.12%
Estimates
Forward P/E19.80
Forward EPS11.08
Target Mean Price279.29
Dividend
Dividend Yield1.12%
Annual dividends2.46 USD
Ex-Div. DateFeb. 17, 2026
Payout33.34%
5y avg Yield0.88%

DCF Valuation

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DCF Result

Fair Value (DCF)
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Upside
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Terminal PV
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Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

STERIS plc Logo STERIS plc Analysis (STE)

Ireland Health Care Official Website Stock

Is STERIS plc a good investment? STERIS plc (STE) is currently trading at 218.71 USD. Market analysts have a consensus price target of 279.29 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 30.60. This high multiple suggests investors have priced in significant future growth expectations.

Earnings Schedule: STERIS plc is expected to release its next earnings report on May 13, 2026. The market consensus estimate for Forward EPS is 11.08.

For income investors, STERIS plc pays a dividend yield of 1.12%. With a payout ratio of 33%, the dividend appears sustainable.

Investor FAQ

Does STERIS plc pay a dividend?

Yes, it pays an annual dividend of 2.46 USD (1.12% yield).

What asset class is STERIS plc?

STERIS plc is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be May 13, 2026. The company currently has a trailing EPS of 7.17.

Company Profile

STERIS plc provides infection prevention products and services worldwide. It operates in three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in procedure rooms, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument, devices, and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The AST segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of contract sterilization and laboratory facilities, as well as integrated sterilization equipment and control systems to medical device manufacturers and research institutions. The Life Sciences segment designs, manufactures, and sells consumable products, such as 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. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. It serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is headquartered in Mentor, Ohio.

Exchange Ticker
NYQ (United States) STE
Dividend Yield

1.12% (5y avg: 0.88%)

Annual Dividends

2.46 USD

Next ex. div date

Feb. 17, 2026

Payout Ratio

33.34%

Historical Dividends
Year Total Dividends
2027 0.69 USD
2026 2.63 USD
2025 2.40 USD
2024 2.18 USD
2023 1.98 USD
2022 1.80 USD
2021 1.66 USD
2020 1.54 USD
2019 1.42 USD
2018 1.30 USD
2017 1.18 USD
2016 1.06 USD
2015 0.96 USD
2014 0.88 USD
2013 0.80 USD
2012 0.72 USD
2011 0.64 USD
2010 0.52 USD
2009 2.41 USD
2008 0.28 USD
2007 0.22 USD
2006 0.17 USD
2005 0.12 USD

Yearly aggregated dividends

Dividends

STERIS plc
Mar 19, 2026 Paid
Dividend
0.63 USD
STERIS plc
Dec 18, 2025 Paid
Dividend
0.63 USD
STERIS plc
Sep 26, 2025 Paid
Dividend
0.63 USD
STERIS plc
Jun 26, 2025 Paid
Dividend
0.57 USD

Historical Split Corporate Actions

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