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

Steris (STE) Gross Margin (2018 - 2026)

Steris (STE) posted Gross Margin of 45.84% for Q2 2026, up 4.44% on a QoQ basis from 43.89% in Q1 2026, and up 69.0% year-over-year from 27.12% in Q2 2025.

Analysis

Steris (STE) Gross Margin (2018 - 2026) Analysis & Trends

Steris has reported Gross Margin for 9 years, with the latest figure at 45.84% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 69.0% year-over-year to 45.84% in Q2 2026; TTM through Jun 2026 was 44.43%, a 31.0% increase from a year earlier, with the FY2026 full-year figure at 44.25%, up 24.0% from the prior year.
  • Gross Margin was 45.84% for Q2 2026 at Steris, up from 43.89% in the prior quarter.
  • The five-year high for Gross Margin was 47.21% in Q1 2022, with the low at 41.07% in Q1 2024.
  • Average Gross Margin over 5 years is 44.12%, with a median of 44.16% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin soared 408 bps in 2022, then sank 457 bps in 2023.
  • Over 5 years, Gross Margin stood at 42.99% in 2022, then advanced by 0 bps to 43.15% in 2023, then climbed by 3 bps to 44.53% in 2024, then slipped by 2 bps to 43.81% in 2025, then advanced by 5 bps to 45.84% in 2026.
  • The last three Gross Margin figures came in at 45.84% (Q2 2026), 43.89% (Q1 2026), and 43.81% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 183.04 Bn 177.44 Bn 7.27 Bn 57.71%
2 Intuitive Surgical 125.02 Bn 119.81 Bn 1.96 Bn 67.78%
3 Medtronic 117.84 Bn 109.02 Bn 6.34 Bn 64.99%
4 Stryker 105.50 Bn 102.02 Bn 4.50 Bn 68.27%
5 Boston Scientific 66.27 Bn 65.73 Bn 3.85 Bn 70.71%
6 Edwards Lifesciences 49.60 Bn 45.35 Bn 1.35 Bn 77.46%
7 Alcon 33.70 Bn 32.24 Bn 1.68 Bn 60.21%
8 Dexcom 32.06 Bn 30.11 Bn 830.00 Mn 63.44%
9 Steris 21.02 Bn 20.54 Bn 684.20 Mn 45.84%
10 Zimmer Biomet Holdings 18.20 Bn 17.79 Bn 1.54 Bn 70.81%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.84%
Mar 31, 2026 43.89%
Dec 31, 2025 43.81%
Sep 30, 2025 44.23%
Jun 30, 2025 45.14%
Mar 31, 2025 43.31%
Dec 31, 2024 44.53%
Sep 30, 2024 43.55%
Jun 30, 2024 44.74%
Mar 31, 2024 41.07%
Dec 31, 2023 43.15%
Sep 30, 2023 44.11%
Jun 30, 2023 44.70%
Mar 31, 2023 42.65%
Dec 31, 2022 42.99%
Sep 30, 2022 44.21%
Jun 30, 2022 45.06%
Mar 31, 2022 47.21%
Dec 31, 2021 44.51%
Sep 30, 2021 40.13%