Sotera Health (SHC) Gross Margin (2020 - 2026)

Sotera Health (SHC) recorded quarterly Gross Margin of 52.52% in Q1 2026, down 3.96% quarter-over-quarter from 54.68% in Q4 2025, and down 69.0% on a YoY basis from 169.41% in Q1 2025.

Sotera Health (SHC) Gross Margin (2020 - 2026) Analysis & Trends

Sotera Health's Gross Margin history runs 7 years deep, the most recent figure standing at 52.52% for 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 was 52.52% for Q1 2026 at Sotera Health, down from 54.68% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 58.05% in Q4 2023 to a low of 50.55% in Q1 2023.
  • Historically, Gross Margin has averaged 54.89% across 5 years, with a median of 55.24% in 2024.
  • The sharpest annual moves came in 2023 and 2025: Gross Margin plunged 389 bps in 2023, then surged 199 bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 56.33% in 2022, then increased by 3 bps to 58.05% in 2023, then slipped by 2 bps to 56.64% in 2024, then dropped by 3 bps to 54.68% in 2025, then decreased by 4 bps to 52.52% in 2026.
  • The last three Gross Margin figures came in at 52.52% (Q1 2026), 54.68% (Q4 2025), and 57.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 70.37%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 63.35%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 53.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 32.64%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 99.91%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 58.68%
10 Sotera Health 4.51 Bn 4.20 Bn 147.07 Mn 52.52%

Historic Data

Download Data
DateValue
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%