Steris (STE) Operating Margin (2018 - 2026)
Steris (STE) recorded Operating Margin of 19.15% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 1.46 percentage points from 17.68% a year earlier but down 0.80 percentage points from the prior quarter.
Steris (STE) Operating Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Steris' Operating Margin came in at 18.91% as of Jun 30, 2026, up 2.27 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 18.56%, up 2.69 percentage points from FY2025.
- Annual Operating Margin has a five-year change of +0.92 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Operating Margin came in at 15.87% in FY2025 (-0.40 pp), 16.27% in FY2024 (-1.17 pp), 17.44% in FY2023 (+6.13 pp) and 11.31% in FY2022 (-6.33 pp).
- Quarterly Operating Margin has ranged from -28.09% in fiscal Q2 2023 to 58.41% in fiscal Q4 2023 over the past five years.
- On a year-over-year basis, Operating Margin has increased for five consecutive quarters, with an average year-over-year change of +1.58 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 46.51 percentage points in fiscal Q4 2023, against a drop of 42.88 percentage points in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 19.94% (Q4 2026), 18.26% (Q3 2026) and 18.20% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 18.65% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 10.44% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 19.00% |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 19.44% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 15.86% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 16.12% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 17.44% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 13.31% |
| 10 | Steris | 24.59 Bn | 22.71 Bn | 710.80 Mn | 18.53% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.53% |
| Jun 30, 2026 | 19.15% |
| Mar 31, 2026 | 19.94% |
| Dec 31, 2025 | 18.26% |
| Sep 30, 2025 | 18.20% |
| Jun 30, 2025 | 17.68% |
| Mar 31, 2025 | 14.60% |
| Dec 31, 2024 | 17.90% |
| Sep 30, 2024 | 16.53% |
| Jun 30, 2024 | 14.50% |
| Mar 31, 2024 | 15.52% |
| Dec 31, 2023 | 17.45% |
| Sep 30, 2023 | 15.47% |
| Jun 30, 2023 | 16.71% |
| Mar 31, 2023 | 58.41% |
| Dec 31, 2022 | 17.15% |
| Sep 30, 2022 | -28.09% |
| Jun 30, 2022 | 15.06% |
| Mar 31, 2022 | 11.90% |
| Dec 31, 2021 | 16.79% |
Steris Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=STE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "STE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();