Sotera Health (SHC) Gross Margin (2020 - 2026)
Sotera Health (SHC) posted quarterly Gross Margin of 52.52% for Q1 2026, down 69.0% year-over-year from 169.41% in Q1 2025, and down 3.96% on a QoQ basis from 54.68% in Q4 2025.
Sotera Health (SHC) Gross Margin (2020 - 2026) Analysis & Trends
Sotera Health (SHC) has reported Gross Margin for 7 consecutive years, with 52.52% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 69.0% year-over-year to 52.52%; the TTM figure through Mar 2026 stood at 55.26% (up 9.0% YoY), while the FY2025 annual figure was 55.48%, up 74.0% from the prior year.
- Gross Margin came in at 52.52% for Q1 2026 at Sotera Health, down from 54.68% in the prior quarter.
- The five-year high for Gross Margin was 58.05% in Q4 2023, with the low at 50.55% in Q1 2023.
- Average Gross Margin over 5 years is 54.89%, with a median of 55.24% recorded in 2024.
- Across the five-year window, Gross Margin sank 389 bps in 2023 and surged 199 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 56.33% in 2022, then advanced by 3 bps to 58.05% in 2023, then fell by 2 bps to 56.64% in 2024, then retreated by 3 bps to 54.68% in 2025, then declined by 4 bps to 52.52% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 52.52%, 54.68%, and 57.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 63.35% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 99.91% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 53.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 32.64% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 58.68% |
| 10 | Sotera Health | 5.06 Bn | 4.74 Bn | 147.07 Mn | 52.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.52% |
| Dec 31, 2025 | 54.68% |
| Sep 30, 2025 | 57.04% |
| Jun 30, 2025 | 56.61% |
| Mar 31, 2025 | 53.21% |
| Dec 31, 2024 | 56.64% |
| Sep 30, 2024 | 55.36% |
| Jun 30, 2024 | 55.24% |
| Mar 31, 2024 | 51.22% |
| Dec 31, 2023 | 58.05% |
| Sep 30, 2023 | 55.47% |
| Jun 30, 2023 | 54.68% |
| Mar 31, 2023 | 50.55% |
| Dec 31, 2022 | 56.33% |
| Sep 30, 2022 | 54.69% |
| Jun 30, 2022 | 56.40% |
| Mar 31, 2022 | 54.43% |
| Dec 31, 2021 | 55.52% |
| Sep 30, 2021 | 55.53% |
| Jun 30, 2021 | 57.07% |