Steris (STE) Interest Coverage Ratio (2018 - 2026)
Steris (STE) posted Interest Coverage Ratio of 18.09 for Q2 2026, down 13.78% on a QoQ basis from 20.98 in Q1 2026, and up 16.91% year-over-year from 15.47 in Q2 2025.
Analysis
Steris (STE) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Steris has reported Interest Coverage Ratio for 9 years, with the latest figure at 18.09 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 16.91% year-over-year to 18.09 in Q2 2026; TTM through Jun 2026 was 18.81, a 45.86% increase from a year earlier, with the FY2026 full-year figure at 18.15, up 80.76% from the prior year.
- Interest Coverage Ratio was 18.09 for Q2 2026 at Steris, down from 20.98 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 24.45 in Q1 2023, with the low at 11.73 in Q3 2022.
- Average Interest Coverage Ratio over 5 years is 10.53, with a median of 9.07 recorded in 2022.
- The largest YoY upside for Interest Coverage Ratio was 963.76% in 2022 against a maximum downside of 331.93% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 6.68 in 2022, then slipped by 12.97% to 5.81 in 2023, then surged by 120.87% to 12.84 in 2024, then jumped by 42.77% to 18.34 in 2025, then declined by 1.35% to 18.09 in 2026.
- The last three Interest Coverage Ratio figures came in at 18.09 (Q2 2026), 20.98 (Q1 2026), and 18.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | - |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.21 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 18.09 |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.09 |
| 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 |