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
DateValue
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