Steris (STE) Dividend Coverage Ratio (2018 - 2026)
Steris' (STE) Dividend Coverage Ratio was 3.26 for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 3.2% from 3.16 a year earlier but down 8.5% from the prior quarter.
Steris (STE) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Dividend Coverage Ratio at Steris was 3.24, up 15.8% from FY2025.
- Dividend Coverage Ratio has increased for three consecutive fiscal years.
- By fiscal year, Dividend Coverage Ratio came in at 2.79 in FY2025 (+48.2%), 1.89 in FY2024 (+223.2%), 0.58 in FY2023 (-61.0%) and 1.49 in FY2022 (-49.7%).
- Five-year quarterly Dividend Coverage Ratio spans a low of -6.71 in fiscal Q2 2023 and a high of 4.02 in fiscal Q4 2023.
- Year over year, Dividend Coverage Ratio has now increased in each of the last five quarters, with growth averaging 14.4% over the last seven quarters.
- The high point for year-over-year Dividend Coverage Ratio in five years was fiscal Q4 2023 (growth of 231.0%); the low point was fiscal Q4 2022 (a decline of 52.6%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 3.56 (Q4 2026), 3.12 (Q3 2026) and 3.10 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 9.92 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 0.84 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 1.60 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | - |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | - |
| 10 | Steris | 20.49 Bn | 18.84 Bn | 684.20 Mn | 3.26 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.26 |
| Mar 31, 2026 | 3.56 |
| Dec 31, 2025 | 3.12 |
| Sep 30, 2025 | 3.10 |
| Jun 30, 2025 | 3.16 |
| Mar 31, 2025 | 2.60 |
| Dec 31, 2024 | 3.09 |
| Sep 30, 2024 | 2.66 |
| Jun 30, 2024 | 2.83 |
| Mar 31, 2024 | -0.03 |
| Dec 31, 2023 | 2.74 |
| Sep 30, 2023 | 2.24 |
| Jun 30, 2023 | 2.66 |
| Mar 31, 2023 | 4.02 |
| Dec 31, 2022 | 2.64 |
| Sep 30, 2022 | -6.71 |
| Jun 30, 2022 | 2.59 |
| Mar 31, 2022 | 1.21 |
| Dec 31, 2021 | 3.34 |
| Sep 30, 2021 | 1.63 |
Steris Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=STE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "STE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();