Steris (STE) Interest Coverage Ratio (2018 - 2026)
Steris (STE) recorded quarterly Interest Coverage Ratio of 20.98 in Q1 2026, up 14.42% quarter-over-quarter from 18.34 in Q4 2025, and up 66.99% on a YoY basis from 12.56 in Q1 2025.
Steris (STE) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Steris' Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 20.98 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 66.99% year-over-year to 20.98; the TTM figure through Mar 2026 stood at 18.12 (up 80.67% YoY), while the FY2026 annual figure was 18.15, up 80.76% from the prior year.
- Interest Coverage Ratio was 20.98 for Q1 2026 at Steris, up from 18.34 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 24.45 in Q1 2023 to a low of 11.73 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 10.09 across 5 years, with a median of 6.99 in 2022.
- Biggest YoY gain for Interest Coverage Ratio was 963.76% in 2022; the steepest drop was 331.93% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 6.68 in 2022, then decreased by 12.97% to 5.81 in 2023, then jumped by 120.87% to 12.84 in 2024, then soared by 42.77% to 18.34 in 2025, then increased by 14.42% to 20.98 in 2026.
- The last three Interest Coverage Ratio figures came in at 20.98 (Q1 2026), 18.34 (Q4 2025), and 17.84 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 5.36 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 20.98 |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.98 |
| Dec 31, 2025 | 18.34 |
| Sep 30, 2025 | 17.84 |
| Jun 30, 2025 | 15.47 |
| Mar 31, 2025 | 12.56 |
| Dec 31, 2024 | 12.84 |
| Sep 30, 2024 | 11.15 |
| Jun 30, 2024 | 6.10 |
| Mar 31, 2024 | 6.09 |
| Dec 31, 2023 | 5.81 |
| Sep 30, 2023 | 5.19 |
| Jun 30, 2023 | 6.11 |
| Mar 31, 2023 | 24.45 |
| Dec 31, 2022 | 6.68 |
| Sep 30, 2022 | -11.73 |
| Jun 30, 2022 | 6.99 |
| Mar 31, 2022 | 6.65 |
| Dec 31, 2021 | 8.83 |
| Sep 30, 2021 | 5.06 |
| Jun 30, 2021 | 0.66 |