Steris (STE) Gross Margin (2018 - 2026)
Steris' Gross Margin was 45.84% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 0.69 percentage points from 45.14% a year earlier and up 1.95 percentage points from the prior quarter.
Steris (STE) Gross Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Steris' Gross Margin was 44.43% through Jun 30, 2026, up 0.31 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 44.25%, up 0.24 percentage points from FY2025.
- Gross Margin shows a five-year change of +1.03 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 44.01% in FY2025 (+0.84 pp), 43.17% in FY2024 (-0.50 pp), 43.66% in FY2023 (-0.92 pp) and 44.59% in FY2022 (+1.36 pp).
- The fiscal Q1 2027 figure marks the highest quarterly Gross Margin since fiscal Q4 2022.
- Compared with a year earlier, Gross Margin was higher in six of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2023 (a gain of 4.08 percentage points); the worst was fiscal Q4 2023 (a drop of 4.57 percentage points).
- Per Business Quant data, STE's Gross Margin in the three fiscal quarters before Q1 2027 was 43.89% (Q4 2026), 43.81% (Q3 2026) and 44.23% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.71 Bn | 229.74 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 178.38 Bn | 148.81 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 161.61 Bn | 145.42 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 154.15 Bn | 134.44 Bn | 2.08 Bn | 68.37% |
| 5 | Medtronic | 123.21 Bn | 88.46 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 117.50 Bn | 103.61 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 67.50 Bn | 62.26 Bn | 3.85 Bn | 70.71% |
| 8 | Becton Dickinson | 54.80 Bn | 51.95 Bn | 2.32 Bn | 46.46% |
| 9 | Edwards Lifesciences | 51.78 Bn | 35.79 Bn | 1.35 Bn | 77.46% |
| 10 | Steris | 22.65 Bn | 20.99 Bn | 684.20 Mn | 45.84% |
Historic Data
| Date | Value |
|---|---|
| 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% |
Steris Gross Margin 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=gross-margin&ticker=STE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();