Steris (STE) Gross Margin (2018 - 2026)

Steris' Gross Margin history runs 9 years deep, the most recent figure standing at 43.89% for Q1 2026.

• In Q1 2026, Gross Margin rose 58.0% year-over-year to 43.89%; the TTM figure through Mar 2026 stood at 44.25% (up 24.0% YoY), while the FY2026 annual figure was 44.25%, up 24.0% from the prior year.
• Gross Margin was 43.89% for Q1 2026 at Steris, roughly flat from 43.81% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 47.21% in Q1 2022 to a low of 41.07% in Q1 2024.
• Historically, Gross Margin has averaged 44.02% across 5 years, with a median of 44.11% in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin surged 408 bps in 2022, then slumped 457 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 42.99% in 2022, then gained by 0 bps to 43.15% in 2023, then advanced by 3 bps to 44.53% in 2024, then decreased by 2 bps to 43.81% in 2025, then grew by 0 bps to 43.89% in 2026.
• The last three Gross Margin figures came in at 43.89% (Q1 2026), 43.81% (Q4 2025), and 44.23% (Q3 2025), per Business Quant data.