Steris (STE) Tax Rate (2018 - 2026)

Steris (STE) recorded quarterly Tax Rate of 27.65% in Q1 2026, up 12.26% quarter-over-quarter from 24.63% in Q4 2025, and up 206.0% on a YoY basis from 9.04% in Q1 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.

  • In Q1 2026, Tax Rate rose 206.0% year-over-year to 27.65%; the TTM figure through Mar 2026 stood at 25.04% (up 184.0% YoY), while the FY2026 annual figure was 25.04%, up 184.0% from the prior year.
  • Tax Rate was 27.65% for Q1 2026 at Steris, up from 24.63% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 27.65% in Q1 2026 to a low of 10.42% in Q1 2023.
  • Historically, Tax Rate has averaged 22.13% across 5 years, with a median of 22.49% in 2023.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 1391 bps in 2023, then jumped 914 bps in 2024.
  • A 5-year view of Tax Rate shows it 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.
  • The last three Tax Rate figures came in at 27.65% (Q1 2026), 24.63% (Q4 2025), and 23.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 20.91

Historic Data

Download Data
DateValue
Mar 31, 2026 27.65%
Mar 31, 2026 27.65%
Dec 31, 2025 24.63%
Dec 31, 2025 24.63%
Sep 30, 2025 23.94%
Sep 30, 2025 23.94%
Jun 30, 2025 23.24%
Jun 30, 2025 23.24%
Mar 31, 2025 25.60%
Mar 31, 2025 25.60%
Dec 31, 2024 24.22%
Dec 31, 2024 24.22%
Sep 30, 2024 22.32%
Sep 30, 2024 22.32%
Jun 30, 2024 20.15%
Jun 30, 2024 20.15%
Mar 31, 2024 19.56%
Mar 31, 2024 19.56%
Dec 31, 2023 21.62%
Dec 31, 2023 21.62%