Steris (STE) Return on Capital Employed [ROCE] (2019 - 2026)
Steris (STE) posted Return on Capital Employed [ROCE] of 12.08% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 2.16 percentage points from 9.92% a year earlier and up 0.50 percentage points from the prior quarter.
Steris (STE) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Steris' Return on Capital Employed [ROCE] came in at 11.85%, up 2.81 percentage points from FY2025.
- Annual Return on Capital Employed [ROCE] has increased for four consecutive fiscal years, with a five-year change of +1.75 percentage points (FY2021 to FY2026).
- In prior fiscal years, Steris' Return on Capital Employed [ROCE] was 9.04% in FY2025 (+0.69 pp), 8.35% in FY2024 (+0.64 pp), 7.71% in FY2023 (+1.79 pp) and 5.92% in FY2022 (-4.18 pp).
- The fiscal Q1 2027 figure stands as the highest quarterly Return on Capital Employed [ROCE] since fiscal Q3 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last six quarters, with an average year-over-year change of +0.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q3 2024, with a gain of 11.16 percentage points; the weakest was fiscal Q2 2022, with a drop of 7.37 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 11.57% (Q4 2026), 10.45% (Q3 2026) and 10.22% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.51% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 7.18% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 6.23% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 18.68% |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 13.86% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 13.22% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.99% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.59% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.76% |
| 10 | Steris | 24.96 Bn | 23.10 Bn | 710.80 Mn | 12.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.29% |
| Jun 30, 2026 | 12.08% |
| Mar 31, 2026 | 11.57% |
| Dec 31, 2025 | 10.45% |
| Sep 30, 2025 | 10.22% |
| Jun 30, 2025 | 9.92% |
| Mar 31, 2025 | 9.57% |
| Dec 31, 2024 | 9.43% |
| Sep 30, 2024 | 9.09% |
| Jun 30, 2024 | 8.45% |
| Mar 31, 2024 | 8.10% |
| Dec 31, 2023 | 13.06% |
| Sep 30, 2023 | 13.08% |
| Jun 30, 2023 | 8.37% |
| Mar 31, 2023 | 7.95% |
| Dec 31, 2022 | 1.90% |
| Sep 30, 2022 | 2.00% |
| Jun 30, 2022 | 5.98% |
| Mar 31, 2022 | 4.49% |
| Dec 31, 2021 | 4.42% |
Steris Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=STE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();