Steris (STE) Tax Rate (2018 - 2026)

Steris' (STE) quarterly Tax Rate came in at 27.65% in Q1 2026, up 206.0% year-on-year from 9.04% in Q1 2025, and up 12.26% quarter-over-quarter from 24.63% in Q4 2025.

Steris (STE) Tax Rate (2018 - 2026) Analysis & Trends

Steris' Tax Rate history runs 9 years deep, the most recent figure standing at 27.65% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 206.0% year-over-year to 27.65% in Q1 2026; TTM through Mar 2026 was 25.04%, a 184.0% increase from a year earlier, with the FY2026 full-year figure at 25.04%, up 184.0% from the prior year.
  • Tax Rate rose to 27.65% in Q1 2026 per STE's latest filing, from 24.63% in the prior quarter.
  • Across five years, Tax Rate topped out at 27.65% in Q1 2026 and bottomed at 10.42% in Q1 2023.
  • The 5-year median for Tax Rate is 22.49% (2023), against an average of 22.13%.
  • Across the five-year window, Tax Rate plunged 1391 bps in 2023 and soared 914 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 23.63% in 2022, then declined by 8 bps to 21.62% in 2023, then increased by 12 bps to 24.22% in 2024, then climbed by 2 bps to 24.63% in 2025, then grew by 12 bps to 27.65% in 2026.
  • Per Business Quant, the three latest STE Tax Rate figures stand at 27.65% (Q1 2026), 24.63% (Q4 2025), and 23.94% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 27.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.65%
Mar 31, 2026 27.65%
Mar 31, 2026 27.65%
Dec 31, 2025 24.63%
Dec 31, 2025 24.63%
Dec 31, 2025 24.63%
Sep 30, 2025 23.94%
Sep 30, 2025 23.94%
Sep 30, 2025 23.94%
Jun 30, 2025 23.24%
Jun 30, 2025 23.24%
Jun 30, 2025 23.24%
Mar 31, 2025 25.60%
Mar 31, 2025 25.60%
Mar 31, 2025 25.60%
Dec 31, 2024 24.22%
Dec 31, 2024 24.22%
Dec 31, 2024 24.22%
Sep 30, 2024 22.32%
Sep 30, 2024 22.32%