Steris (STE) Operating Margin (2018 - 2026)
Steris' quarterly Operating Margin came in at 18.26% in Q4 2025, up 36.0% year-on-year from 13.43% in Q4 2024, and little changed quarter-over-quarter from 18.2% in Q3 2025.
Steris has reported Operating Margin for 8 years, with the latest figure at 18.26% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin rose 36.0% year-over-year to 18.26%; the trailing twelve-month figure through Dec 2025 stood at 17.18% (up 105.0% YoY), and the FY2025 full-year result was 15.87%, down 40.0% from the prior year.
- Operating Margin for Q4 2025 stood at 18.26%, roughly flat from 18.2% in the prior quarter.
- The five-year high for Operating Margin was 58.41% in Q1 2023, with the low at 28.09% in Q3 2022.
- Average Operating Margin over 5 years is 14.26%, with a median of 16.03% recorded in 2024.
- Year-over-year, Operating Margin soared 4651 bps in 2023 and sank 4288 bps in 2024.
- Tracing STE's Operating Margin over 5 years: stood at 16.79% in 2021, then rose by 2 bps to 17.15% in 2022, then rose by 2 bps to 17.45% in 2023, then climbed by 3 bps to 17.9% in 2024, then increased by 2 bps to 18.26% in 2025.
- The last three Operating Margin figures came in at 18.26% (Q4 2025), 18.2% (Q3 2025), and 17.68% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 19.94% |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 17.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 9.73% |
| Jun 30, 2021 | 1.48% |
| Mar 31, 2021 | -0.02% |
| Dec 31, 2020 | 18.18% |
| Sep 30, 2020 | 18.68% |
| Jun 30, 2020 | 17.31% |
| Mar 31, 2020 | -0.12% |
| Sep 30, 2019 | 17.20% |
| Jun 30, 2019 | 15.80% |
| Mar 31, 2019 | 18.28% |
| Dec 31, 2018 | 9.99% |
| Sep 30, 2018 | 15.70% |
| Jun 30, 2018 | 14.78% |
| Mar 31, 2018 | 40.83% |