Steris (STE) Asset Utilization Ratio (2019 - 2026)
Steris (STE) recorded quarterly Asset Utilization Ratio of 0.56 in Q1 2026, little changed quarter-over-quarter from 0.56 in Q4 2025, and up 2.75% on a YoY basis from 0.54 in Q1 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 was 0.56 for Q1 2026 at Steris, roughly flat from 0.56 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.56 in Q1 2026 to a low of 0.4 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.48 across 5 years, with a median of 0.46 in 2024.
- Biggest YoY gain for Asset Utilization Ratio was 30.47% in 2022; the steepest drop was 16.02% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.42 in 2022, then increased by 4.95% to 0.44 in 2023, then increased by 21.1% to 0.53 in 2024, then advanced by 4.1% to 0.56 in 2025, then climbed by 0.29% to 0.56 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.56 (Q1 2026), 0.56 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.92 Bn | 146.27 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 119.50 Bn | 116.62 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 102.71 Bn | 94.54 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 69.72 Bn | 68.51 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 49.24 Bn | 45.57 Bn | 1.29 Bn | 0.47 |
| 6 | GE HealthCare Technologies | 29.74 Bn | 27.67 Bn | 1.98 Bn | 0.57 |
| 7 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 8 | Dexcom | 28.96 Bn | 27.84 Bn | 750.30 Mn | 0.74 |
| 9 | Steris | 20.31 Bn | 19.88 Bn | 697.10 Mn | 0.56 |
| 10 | Zimmer Biomet Holdings | 17.27 Bn | 16.86 Bn | 1.51 Bn | 0.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.36 |