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
DateValue
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