Steris STE
NYSE STE
$215.02 -3.42 (-1.57%)
As of: Sep 9, 2026 · 3:59 PM EDT

Steris (STE) Asset Utilization Ratio (2019 - 2026)

Steris (STE) posted Asset Utilization Ratio of 0.56 for Q2 2026, up 1.03% on a QoQ basis from 0.56 in Q1 2026, and up 3.72% year-over-year from 0.54 in Q2 2025.

Analysis

Steris (STE) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Steris has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.56 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 3.72% year-over-year to 0.56 in Q2 2026; TTM through Jun 2026 was 0.56, a 3.72% increase from a year earlier, with the FY2026 full-year figure at 0.57, up 10.43% from the prior year.
  • Asset Utilization Ratio was 0.56 for Q2 2026 at Steris, up from 0.56 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.56 in Q2 2026, with the low at 0.4 in Q1 2022.
  • Average Asset Utilization Ratio over 5 years is 0.48, with a median of 0.48 recorded in 2024.
  • The largest YoY upside for Asset Utilization Ratio was 30.47% in 2022 against a maximum downside of 16.02% in 2022.
  • Over 5 years, Asset Utilization Ratio stood at 0.42 in 2022, then rose by 4.95% to 0.44 in 2023, then rose by 21.1% to 0.53 in 2024, then climbed by 4.1% to 0.56 in 2025, then gained by 1.32% to 0.56 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.56 (Q2 2026), 0.56 (Q1 2026), and 0.56 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 0.42
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 0.54
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 0.40
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 0.55
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 0.47
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 0.48
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn 0.34
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 0.76
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 0.56
10 Zimmer Biomet Holdings 18.20 Bn 17.79 Bn 1.54 Bn 0.37
Historic Data

Historic Data

Download Data
DateValue
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