Steris STE
NYSE STE
$215.02 -3.42 (-1.57%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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