Steris (STE) Asset Utilization Ratio (2019 - 2026)
Steris (STE) posted quarterly Asset Utilization Ratio of 0.56 for Q1 2026, up 2.75% year-over-year from 0.54 in Q1 2025, and little changed quarter-over-quarter from 0.56 in Q4 2025.
Steris (STE) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Steris' Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.56 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 2.75% year-over-year to 0.56; the TTM figure through Mar 2026 stood at 0.56 (up 2.75% YoY), while the FY2026 annual figure was 0.57, up 10.43% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.56, roughly flat from 0.56 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.56 in Q1 2026, with the low at 0.4 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.46 (2024), against an average of 0.48.
- Peak annual rise in Asset Utilization Ratio reached 30.47% in 2022, while the deepest fall reached 16.02% in 2022.
- Steris' Asset Utilization Ratio stood at 0.42 in 2022, then grew by 4.95% to 0.44 in 2023, then grew by 21.1% to 0.53 in 2024, then gained by 4.1% to 0.56 in 2025, then advanced by 0.29% to 0.56 in 2026.
- Business Quant data shows STE's Asset Utilization Ratio at 0.56 in Q1 2026, 0.56 in Q4 2025, and 0.55 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.24 Bn | 193.64 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 128.63 Bn | 125.15 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 119.19 Bn | 109.97 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 73.51 Bn | 72.97 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.85 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.64 Bn | 32.70 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 34.01 Bn | 31.90 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.40 Bn | 23.08 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 0.56 |
| 10 | Zimmer Biomet Holdings | 19.32 Bn | 18.91 Bn | 1.54 Bn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.56 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.54 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.49 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.44 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.41 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.32 |