Steris (STE) Tax Rate (2018 - 2026)
Steris (STE) posted quarterly Tax Rate of 27.65% for Q1 2026, up 206.0% year-over-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.
- 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 for Q1 2026 stood at 27.65%, up from 24.63% 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.
- The 5-year median for Tax Rate is 22.49% (2023), against an average of 22.13%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 1391 bps in 2023, then soared 914 bps in 2024.
- Steris' Tax Rate stood at 23.63% in 2022, then dropped by 8 bps to 21.62% in 2023, then grew by 12 bps to 24.22% in 2024, then advanced by 2 bps to 24.63% in 2025, then climbed by 12 bps to 27.65% in 2026.
- Business Quant data shows STE's Tax Rate at 27.65% in Q1 2026, 24.63% in Q4 2025, and 23.94% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.56 Bn | 126.09 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 119.95 Bn | 110.73 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 73.85 Bn | 73.31 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.69 Bn | 48.44 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.55 Bn | 32.60 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.11 Bn | 32.00 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.44 Bn | 23.12 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.22 Bn | 22.73 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 19.36 Bn | 18.95 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.51% |
| Jun 30, 2026 | 26.51% |
| Jun 30, 2026 | 26.51% |
| 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% |