Steris (STE) Interest Coverage Ratio (2018 - 2026)
Steris (STE) posted quarterly Interest Coverage Ratio of 16.59 for Q1 2026, up 32.02% year-over-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.
- In Q1 2026, Interest Coverage Ratio rose 32.02% year-over-year to 16.59; the TTM figure through Mar 2026 stood at 12.34 (up 44.25% YoY), while the FY2026 annual figure was 4.57, down 52.9% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 16.59, up from 3.03 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 24.05 in Q1 2023, with the low at 5.2 in Q3 2022.
- The 5-year median for Interest Coverage Ratio is 2.77 (2025), against an average of 5.87.
- Peak annual rise in Interest Coverage Ratio reached 32148.1% in 2022, while the deepest fall reached 706.17% in 2022.
- Steris' Interest Coverage Ratio stood at 6.68 in 2022, then plunged by 69.94% to 2.01 in 2023, then jumped by 542.96% to 12.91 in 2024, then slumped by 76.57% to 3.03 in 2025, then surged by 448.23% to 16.59 in 2026.
- Business Quant data shows STE's Interest Coverage Ratio at 16.59 in Q1 2026, 3.03 in Q4 2025, and 2.77 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 4.82 |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 11.77 |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 10.64 |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 12.27 |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | - |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 6.48 |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | -8.96 |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 18.09 |
| 10 | Zimmer Biomet Holdings | 19.38 Bn | 18.97 Bn | 1.54 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.40 |
| 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 | 6.49 |
| 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 |