Steris (STE) Interest Coverage Ratio (2017 - 2026)
Steris (STE) posted Interest Coverage Ratio of 18.15 for FY2026, up 80.76% year-over-year from 10.04 in FY2025.
Analysis
Steris (STE) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Steris has reported Interest Coverage Ratio for 10 years, with the latest figure at 18.15 in FY2026.
- 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 18.15 for FY2026 at Steris, up from 10.04 in the prior year.
- The five-year high for Interest Coverage Ratio was 18.15 in FY2026, with the low at 5.34 in FY2022.
- Average Interest Coverage Ratio over 5 years is 9.33, with a median of 7.33 recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio sank 63.8% in 2022, then surged 80.76% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 5.34 in 2022, then soared by 37.25% to 7.33 in 2023, then slipped by 20.99% to 5.79 in 2024, then surged by 73.43% to 10.04 in 2025, then soared by 80.76% to 18.15 in 2026.
- The last three Interest Coverage Ratio figures came in at 18.15 (FY2026), 10.04 (FY2025), and 5.79 (FY2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Yr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 177.43 Bn | 172.48 Bn | 7.27 Bn | - |
| 2 | Intuitive Surgical | 139.20 Bn | 134.11 Bn | 1.96 Bn | - |
| 3 | Medtronic | 118.01 Bn | 109.81 Bn | 6.34 Bn | - |
| 4 | Stryker | 105.44 Bn | 101.96 Bn | 4.50 Bn | - |
| 5 | Boston Scientific | 62.90 Bn | 62.60 Bn | 3.85 Bn | - |
| 6 | Edwards Lifesciences | 50.87 Bn | 46.72 Bn | 1.35 Bn | - |
| 7 | Dexcom | 33.72 Bn | 31.77 Bn | 830.00 Mn | - |
| 8 | Resmed | 32.45 Bn | 30.98 Bn | 861.22 Mn | - |
| 9 | Alcon | 31.70 Bn | 30.25 Bn | 1.68 Bn | - |
| 10 | Steris | 20.01 Bn | 19.54 Bn | 684.20 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 18.15 |
| Mar 31, 2025 | 10.04 |
| Mar 31, 2024 | 5.79 |
| Mar 31, 2023 | 7.33 |
| Mar 31, 2022 | 5.34 |
| Mar 31, 2021 | 14.75 |
| Mar 31, 2020 | 13.33 |
| Mar 31, 2019 | 9.13 |
| Mar 31, 2018 | 7.90 |
| Mar 31, 2017 | 5.08 |