Steris (STE) Interest Coverage Ratio (2018 - 2026)
Steris' (STE) quarterly Interest Coverage Ratio came in at 16.59 in Q1 2026, up 32.02% year-on-year from 12.56 in Q1 2025, and up 448.23% quarter-over-quarter from 3.03 in Q4 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 16.59 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 32.02% year-over-year to 16.59 in Q1 2026; TTM through Mar 2026 was 12.05, a 43.84% increase from a year earlier, with the FY2026 full-year figure at 4.57, down 52.9% from the prior year.
- Interest Coverage Ratio climbed to 16.59 in Q1 2026 per STE's latest filing, from 3.03 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 24.05 in Q1 2023 and bottomed at 5.2 in Q3 2022.
- The 5-year median for Interest Coverage Ratio is 2.77 (2025), against an average of 5.85.
- Biggest YoY gain for Interest Coverage Ratio was 32148.1% in 2022; the steepest drop was 706.17% in 2022.
- Year by year, Interest Coverage Ratio stood at 6.68 in 2022, then tumbled by 69.94% to 2.01 in 2023, then surged by 542.96% to 12.91 in 2024, then sank by 76.57% to 3.03 in 2025, then soared by 448.23% to 16.59 in 2026.
- Per Business Quant, the three latest STE Interest Coverage Ratio figures stand at 16.59 (Q1 2026), 3.03 (Q4 2025), and 2.77 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.90 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 13.19 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 2.15 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 1.19 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 82.35 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -2.90 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 5.36 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | 16.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.59 |
| Dec 31, 2025 | 3.03 |
| Sep 30, 2025 | 2.77 |
| Jun 30, 2025 | 2.59 |
| Mar 31, 2025 | 12.56 |
| Dec 31, 2024 | 12.91 |
| Sep 30, 2024 | 1.91 |
| Jun 30, 2024 | 2.01 |
| Mar 31, 2024 | 6.09 |
| Dec 31, 2023 | 2.01 |
| Sep 30, 2023 | 1.68 |
| Jun 30, 2023 | 1.58 |
| Mar 31, 2023 | 24.05 |
| Dec 31, 2022 | 6.68 |
| Sep 30, 2022 | -5.20 |
| Jun 30, 2022 | 1.51 |
| Mar 31, 2022 | 6.65 |
| Dec 31, 2021 | 1.17 |
| Sep 30, 2021 | 0.86 |
| Jun 30, 2021 | 0.10 |