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
DateValue
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