STE Steris margins

Relative Growth: Rel. Growth: 83

Relative Strength: Rel. Strength: 37

Relative Valuation: Rel. Valuation: 55

Relative Profitability: Rel. Profitability: 74

Gross margin

44.4%

Operating margin

18.9%

EBITDA margin

27.1%

Net margin

13.3%

At present, Steris reports a gross margin of 44.4%, an operating margin of 18.9%, an EBITDA margin of 27.1%, and a net margin of 13.3%. Each available margin increased from the same period last year. Operating margin recorded the strongest gain, rising by 2.4 percentage points.

STE margin history

Gross, operating, EBITDA and net margin trends

Steris's margins averaged 43.79% gross, 18.03% operating, 25.45% EBITDA, and 10.69% net during the last 3 years. Currently all four current margins are above their three-year averages.

STE margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in operating margin, which rose by 2.4 percentage points. The other available margins also improved.

Gross margin expansion

0.3pp

Operating margin expansion

2.4pp

EBITDA margin expansion

1.9pp

Net margin expansion

1.7pp

STE Gross margin

The average gross margin for Steris was 43.79% during the last 3 years. At present, Steris's current gross margin is 44.4%, which is 0.6 percentage points above its three-year average. The gross margin for Steris moved between 43.1% in Sep 2024 and 44.4% in Jun 2026.

STE Operating margin

Steris's operating margin averaged 18.03% across the past 3 years. Steris currently reports an operating margin of 18.9%, 0.9 percentage points above its three-year average. Over the last 3 years, Steris's operating margin peaked at 29.1% in Dec 2023 and reached a low of 16% in Mar 2025.

STE EBITDA margin

Over the last 3 years, the average EBITDA margin for Steris was 25.45%. The latest EBITDA margin for Steris is 27.1%, 1.7 percentage points above its three-year average. Steris's EBITDA margin ranged from a low of 22.8% in Dec 2024 to a high of 31.4% in Dec 2023.

STE Net margin

The average net margin for Steris was 10.69% during the last 3 years. Against its three-year average, Steris's net margin is currently 13.3%, 2.6 percentage points above its three-year average. The net margin for Steris moved between 7.4% in Mar 2024 and 13.3% in Jun 2026.

STE margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 44.4%, STE is below the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 68.4%, Steris's gross margin is 35% lower.

STE margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Steris's gross margin?

The current gross margin for STE is 44.4% as of Jun 30, 2026.

What is Steris's operating margin?

For the period ending Jun 30, 2026, STE recorded an operating margin of 18.9%.

What is Steris's EBITDA margin?

The current EBITDA margin for STE is 27.1% as of Jun 30, 2026.

What is Steris's net margin?

As of Jun 30, 2026, STE has a net margin of 13.3%.

What are the average margins of STE?

Steris's gross, operating, EBITDA, and net margins averaged 43.8% gross, 18.0% operating, 25.5% EBITDA, and 10.7% net over the last 3 years.

What are the highest historical margins of STE?

Steris's highest recorded margins during the past 5 years were 45.9% gross in Sep 2022, 29.1% operating in Dec 2023, 31.4% EBITDA in Dec 2023, and 13.3% net in Jun 2026.

What are the lowest historical margins of STE?

Over this 5-year history, Steris's margins fell as low as 43% gross in Dec 2021, 4.2% operating in Dec 2022, 17.8% EBITDA in Sep 2022, and -0.6% net in Dec 2022.