Steris (STE) Net Margin (2018 - 2026)
Steris (STE) posted Net Margin of 13.47% for Q2 2026, down 2.91% on a QoQ basis from 13.87% in Q1 2026, and up 67.0% year-over-year from 8.06% in Q2 2025.
Analysis
Steris (STE) Net Margin (2018 - 2026) Analysis & Trends
Steris has reported Net Margin for 9 years, with the latest figure at 13.47% in Q2 2026.
- On a quarterly basis, Net Margin rose 67.0% year-over-year to 13.47% in Q2 2026; TTM through Jun 2026 was 13.38%, a 175.0% increase from a year earlier, with the FY2026 full-year figure at 13.23%, up 194.0% from the prior year.
- Net Margin was 13.47% for Q2 2026 at Steris, down from 13.87% in the prior quarter.
- The five-year high for Net Margin was 14.59% in Q1 2023, with the low at 28.9% in Q3 2022.
- Average Net Margin over 5 years is 8.74%, with a median of 11.23% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 3471 bps in 2022, then surged 3829 bps in 2023.
- Over 5 years, Net Margin stood at 11.09% in 2022, then dropped by 2 bps to 10.86% in 2023, then gained by 16 bps to 12.64% in 2024, then gained by 3 bps to 12.99% in 2025, then climbed by 4 bps to 13.47% in 2026.
- The last three Net Margin figures came in at 13.47% (Q2 2026), 13.87% (Q1 2026), and 12.99% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 7.37% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 28.46% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 15.17% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 19.37% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 16.67% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 13.87% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | - |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 19.04% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 13.47% |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 9.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.47% |
| Mar 31, 2026 | 13.87% |
| Dec 31, 2025 | 12.99% |
| Sep 30, 2025 | 13.18% |
| Jun 30, 2025 | 12.80% |
| Mar 31, 2025 | 9.86% |
| Dec 31, 2024 | 12.64% |
| Sep 30, 2024 | 11.38% |
| Jun 30, 2024 | 11.37% |
| Mar 31, 2024 | -0.07% |
| Dec 31, 2023 | 10.86% |
| Sep 30, 2023 | 9.40% |
| Jun 30, 2023 | 10.46% |
| Mar 31, 2023 | 14.59% |
| Dec 31, 2022 | 11.09% |
| Sep 30, 2022 | -28.90% |
| Jun 30, 2022 | 10.53% |
| Mar 31, 2022 | 7.73% |
| Dec 31, 2021 | 11.84% |
| Sep 30, 2021 | 5.82% |