Sotera Health (SHC) Net Margin (2020 - 2026)
Sotera Health (SHC) recorded Net Margin of 17.97% in Q3 2026, up 2.43 percentage points from 15.55% a year earlier and up 1.28 percentage points from the prior quarter.
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Analysis
Sotera Health (SHC) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Sotera Health's Net Margin came in at 14.11% as of Sep 30, 2026, up 9.29 percentage points year-over-year; for FY2025, it was 6.70%, up 2.66 percentage points from FY2024.
- Annual Net Margin has a five-year change of +11.42 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 4.03% in FY2024 (-0.86 pp), 4.90% in FY2023 (+28.17 pp), -23.27% in FY2022 (-35.82 pp) and 12.55% in FY2021 (+17.27 pp).
- The Q3 2026 figure is the highest quarterly Net Margin in data going back to Q1 2020.
- On a year-over-year basis, Net Margin has increased for five consecutive quarters, with an average year-over-year change of +3.94 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 139.55 percentage points in Q4 2023, against a drop of 142.00 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.69% (Q2 2026), 9.49% (Q1 2026) and 11.48% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 7.96% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -7.55% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 10.07% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 17.76% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -34.45% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 2.38% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -3.61% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 9.31% |
| 10 | Sotera Health | 4.58 Bn | 3.16 Bn | 180.79 Mn | 17.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.97% |
| Jun 30, 2026 | 16.69% |
| Mar 31, 2026 | 9.49% |
| Dec 31, 2025 | 11.48% |
| Sep 30, 2025 | 15.55% |
| Jun 30, 2025 | 2.71% |
| Mar 31, 2025 | -5.21% |
| Dec 31, 2024 | 4.25% |
| Sep 30, 2024 | 5.95% |
| Jun 30, 2024 | 3.16% |
| Mar 31, 2024 | 2.55% |
| Dec 31, 2023 | 12.47% |
| Sep 30, 2023 | -5.19% |
| Jun 30, 2023 | 9.21% |
| Mar 31, 2023 | 1.29% |
| Dec 31, 2022 | -127.08% |
| Sep 30, 2022 | 10.09% |
| Jun 30, 2022 | 11.41% |
| Mar 31, 2022 | 12.94% |
| Dec 31, 2021 | 14.92% |
API Access
Sotera Health Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();