Steris (STE) Tax Rate (2018 - 2026)
Steris (STE) posted Tax Rate of 26.51% for Q2 2026, down 4.14% on a QoQ basis from 27.65% in Q1 2026, and up 327.0% year-over-year from 6.21% in Q2 2025.
Powered by 
Analysis
Steris (STE) Tax Rate (2018 - 2026) Analysis & Trends
Steris has reported Tax Rate for 9 years, with the latest figure at 26.51% in Q2 2026.
- On a quarterly basis, Tax Rate rose 327.0% year-over-year to 26.51% in Q2 2026; TTM through Jun 2026 was 25.79%, a 195.0% increase from a year earlier, with the FY2026 full-year figure at 25.04%, up 184.0% from the prior year.
- Tax Rate was 26.51% for Q2 2026 at Steris, down from 27.65% in the prior quarter.
- The five-year high for Tax Rate was 27.65% in Q1 2026, with the low at 10.42% in Q1 2023.
- Average Tax Rate over 5 years is 22.37%, with a median of 22.87% recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 1391 bps in 2023, then surged 914 bps in 2024.
- Over 5 years, Tax Rate stood at 23.63% in 2022, then fell by 8 bps to 21.62% in 2023, then rose by 12 bps to 24.22% in 2024, then grew by 2 bps to 24.63% in 2025, then climbed by 8 bps to 26.51% in 2026.
- The last three Tax Rate figures came in at 26.51% (Q2 2026), 27.65% (Q1 2026), and 24.63% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 18.20 Bn | 17.79 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.51% |
| Mar 31, 2026 | 27.65% |
| Dec 31, 2025 | 24.63% |
| Sep 30, 2025 | 23.94% |
| Jun 30, 2025 | 23.24% |
| Mar 31, 2025 | 25.60% |
| Dec 31, 2024 | 24.22% |
| Sep 30, 2024 | 22.32% |
| Jun 30, 2024 | 20.15% |
| Mar 31, 2024 | 19.56% |
| Dec 31, 2023 | 21.62% |
| Sep 30, 2023 | 22.49% |
| Jun 30, 2023 | 21.71% |
| Mar 31, 2023 | 10.42% |
| Dec 31, 2022 | 23.63% |
| Sep 30, 2022 | 22.23% |
| Jun 30, 2022 | 18.43% |
| Mar 31, 2022 | 24.34% |
| Dec 31, 2021 | 21.55% |
| Sep 30, 2021 | 22.30% |