Steris (STE) Return on Invested Capital [ROIC] (2019 - 2026)
Steris' Return on Invested Capital [ROIC] came in at 9.29% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 1.23 percentage points from 8.05% a year earlier and up 0.21 percentage points from the prior quarter.
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Analysis
Steris (STE) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
Going back to fiscal Q1 2020, Steris' Return on Invested Capital [ROIC] data covers 29 quarters.
- Return on Invested Capital [ROIC] has increased in each of the last four fiscal years, with a five-year change of +0.97 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 7.32% in FY2025 (+0.28 pp), 7.04% in FY2024 (+0.16 pp), 6.88% in FY2023 (+2.00 pp) and 4.88% in FY2022 (-3.43 pp).
- The fiscal Q1 2027 figure represents the highest quarterly Return on Invested Capital [ROIC] since fiscal Q3 2024.
- Year-over-year, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of -0.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q3 2024 (a gain of 9.84 percentage points), and the weakest in fiscal Q2 2022 (a drop of 6.59 percentage points).
- Business Quant data shows STE's Return on Invested Capital [ROIC] at 9.08% (Q4 2026), 8.43% (Q3 2026) and 8.29% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Steris | 20.33 Bn | 18.68 Bn | 684.20 Mn | 9.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.29% |
| Mar 31, 2026 | 9.08% |
| Dec 31, 2025 | 8.43% |
| Sep 30, 2025 | 8.29% |
| Jun 30, 2025 | 8.05% |
| Mar 31, 2025 | 7.72% |
| Dec 31, 2024 | 7.82% |
| Sep 30, 2024 | 7.68% |
| Jun 30, 2024 | 7.16% |
| Mar 31, 2024 | 6.84% |
| Dec 31, 2023 | 11.46% |
| Sep 30, 2023 | 11.48% |
| Jun 30, 2023 | 7.36% |
| Mar 31, 2023 | 7.08% |
| Dec 31, 2022 | 1.62% |
| Sep 30, 2022 | 1.71% |
| Jun 30, 2022 | 5.13% |
| Mar 31, 2022 | 3.79% |
| Dec 31, 2021 | 3.52% |
| Sep 30, 2021 | 3.13% |
API Access
Steris Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=STE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=STE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();