Steris (STE) Asset Utilization Ratio (2019 - 2026)
Steris' (STE) quarterly Asset Utilization Ratio came in at 0.56 in Q1 2026, up 2.75% year-on-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.
- On a quarterly basis, Asset Utilization Ratio rose 2.75% year-over-year to 0.56 in Q1 2026; TTM through Mar 2026 was 0.56, a 2.75% increase from a year earlier, with the FY2026 full-year figure at 0.57, up 10.43% from the prior year.
- Asset Utilization Ratio held at 0.56 in Q1 2026 per STE's latest filing, from 0.56 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.56 in Q1 2026 and bottomed at 0.4 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.46 (2024), against an average of 0.48.
- Biggest YoY gain for Asset Utilization Ratio was 30.47% in 2022; the steepest drop was 16.02% in 2022.
- Year by year, Asset Utilization Ratio 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.
- Per Business Quant, the three latest STE Asset Utilization Ratio figures stand at 0.56 (Q1 2026), 0.56 (Q4 2025), and 0.55 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 0.74 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.65 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.57 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 0.56 |
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 |