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

Sotera Health (SHC) recorded quarterly Operating Margin of 28.16% in Q1 2026, down 21.18% quarter-over-quarter from 35.73% in Q4 2025, and down 27.0% on a YoY basis from 38.57% in Q1 2025.

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

Sotera Health's Operating Margin history runs 7 years deep, the most recent figure standing at 28.16% for Q1 2026.

  • In Q1 2026, Operating Margin fell 27.0% year-over-year to 28.16%; the TTM figure through Mar 2026 stood at 33.58% (up 495.0% YoY), while the FY2025 annual figure was 33.75%, up 671.0% from the prior year.
  • Operating Margin was 28.16% for Q1 2026 at Sotera Health, down from 35.73% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 36.7% in Q3 2025 to a low of 15.13% in Q1 2023.
  • Historically, Operating Margin has averaged 27.69% across 5 years, with a median of 28.16% in 2026.
  • Biggest YoY gain for Operating Margin was 962 bps in 2023; the steepest drop was 747 bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 23.92% in 2022, then soared by 40 bps to 33.53% in 2023, then retreated by 10 bps to 30.03% in 2024, then grew by 19 bps to 35.73% in 2025, then retreated by 21 bps to 28.16% in 2026.
  • The last three Operating Margin figures came in at 28.16% (Q1 2026), 35.73% (Q4 2025), and 36.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 16.93%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 31.78%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 21.74%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn -13.42%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 12.38%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 25.23%
10 Sotera Health 4.72 Bn 4.40 Bn 147.07 Mn 28.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.16%
Dec 31, 2025 35.73%
Sep 30, 2025 36.70%
Jun 30, 2025 33.20%
Mar 31, 2025 28.43%
Dec 31, 2024 30.03%
Sep 30, 2024 28.20%
Jun 30, 2024 27.77%
Mar 31, 2024 21.43%
Dec 31, 2023 33.53%
Sep 30, 2023 28.92%
Jun 30, 2023 24.76%
Mar 31, 2023 15.13%
Dec 31, 2022 23.92%
Sep 30, 2022 25.41%
Jun 30, 2022 26.81%
Mar 31, 2022 22.59%
Dec 31, 2021 27.53%
Sep 30, 2021 29.04%
Jun 30, 2021 31.07%