Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
STE logo STE
Upturn stock ratingUpturn stock rating
STE logo

STERIS plc (STE)

Upturn stock ratingUpturn stock rating
$247.81
Last Close (24-hour delay)
Profit since last BUY0.56%
upturn advisory
Consider higher Upturn Star rating
BUY since 23 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/15/2025: STE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

10 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $272.38

1 Year Target Price $272.38

Analysts Price Target For last 52 week
$272.38 Target price
52w Low $199.47
Current$247.81
52w High $253

Analysis of Past Performance

Type Stock
Historic Profit -2.53%
Avg. Invested days 51
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 24.61B USD
Price to earnings Ratio 38.18
1Y Target Price 272.38
Price to earnings Ratio 38.18
1Y Target Price 272.38
Volume (30-day avg) 10
Beta 0.95
52 Weeks Range 199.47 - 253.00
Updated Date 09/15/2025
52 Weeks Range 199.47 - 253.00
Updated Date 09/15/2025
Dividends yield (FY) 0.91%
Basic EPS (TTM) 6.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 11.61%
Operating Margin (TTM) 17.85%

Management Effectiveness

Return on Assets (TTM) 6.22%
Return on Equity (TTM) 9.74%

Valuation

Trailing PE 38.18
Forward PE 24.69
Enterprise Value 26400032627
Price to Sales(TTM) 4.42
Enterprise Value 26400032627
Price to Sales(TTM) 4.42
Enterprise Value to Revenue 4.74
Enterprise Value to EBITDA 18.76
Shares Outstanding 98490600
Shares Floating 98093689
Shares Outstanding 98490600
Shares Floating 98093689
Percent Insiders 0.3
Percent Institutions 97.19

ai summary icon Upturn AI SWOT

STERIS plc

stock logo

Company Overview

overview logo History and Background

STERIS plc (STE) was founded in 1985 as Innovative Medical Technologies, Inc., later becoming STERIS Corporation. It evolved through acquisitions and organic growth, focusing on infection prevention, contamination control, and surgical support systems. Significant milestones include strategic acquisitions expanding product lines and global reach.

business area logo Core Business Areas

  • Healthcare: Provides sterilization, cleaning, and infection control products and services for hospitals, clinics, and other healthcare facilities.
  • Applied Sterilization Technologies: Offers contract sterilization and lab services, primarily using gamma, electron beam, and ethylene oxide technologies, to medical device and pharmaceutical manufacturers.
  • Life Sciences: Delivers equipment, consumables, and services for pharmaceutical, research, and biopharmaceutical companies, including sterilization, cleaning, and contamination control solutions.

leadership logo Leadership and Structure

The leadership team consists of Dan Carestio (President & CEO), Michael J. Dengler (Sr. VP & CFO) and a board of directors. The organizational structure is based on the core business areas.

Top Products and Market Share

overview logo Key Offerings

  • Steam Sterilizers: Used in hospitals and labs to sterilize medical instruments and equipment. STERIS has a significant market share in North America. Competitors include Getinge and Belimed.
  • VHP Biodecontamination Units: Utilized in pharmaceutical and life science facilities for surface decontamination. STERIS is a market leader in this space. Competitors include Bioquell (Ecolab) and ClorDiSys Solutions.
  • Consumables (e.g., detergents, sterilants): Recurring revenue stream derived from the use of STERIS's equipment and services. Key competitors include Ecolab and Cantel Medical (now part of Cantel).

Market Dynamics

industry overview logo Industry Overview

The infection prevention and sterilization market is driven by increasing healthcare spending, stringent regulatory requirements, and rising awareness of healthcare-associated infections (HAIs).

Positioning

STERIS plc is a leading player in the infection prevention and sterilization market, with a comprehensive portfolio of products and services, a strong global presence, and a reputation for quality and innovation.

Total Addressable Market (TAM)

The global sterilization services market is projected to reach $15.5 billion by 2028. STERIS is positioned to capitalize on this growth through its established market presence, product portfolio, and strategic acquisitions.

Upturn SWOT Analysis

Strengths

  • Strong market position
  • Diverse product portfolio
  • Recurring revenue streams
  • Global presence
  • Strong brand reputation

Weaknesses

  • Dependence on healthcare spending
  • Exposure to regulatory changes
  • Integration risks from acquisitions
  • High valuation

Opportunities

  • Expansion into emerging markets
  • Increased outsourcing of sterilization services
  • Development of innovative products and technologies
  • Growing demand for infection prevention solutions

Threats

  • Intense competition
  • Pricing pressure
  • Economic downturn
  • Product liability claims
  • Disruptive new technologies

Competitors and Market Share

competitor logo Key Competitors

  • Getinge AB (GETI-B.ST)
  • Ecolab Inc. (ECL)
  • Cantel Medical (now part of Cantel, no US listing)

Competitive Landscape

STERIS has a strong competitive position due to its comprehensive product portfolio, global presence, and strong brand reputation. However, it faces competition from other large players and smaller niche companies.

Major Acquisitions

Key Surgical

  • Year: 2020
  • Acquisition Price (USD millions): 850
  • Strategic Rationale: Expanded STERIS's portfolio of consumable products and services for the healthcare market.

Growth Trajectory and Initiatives

Historical Growth: STERIS has a history of consistent revenue and earnings growth, both organically and through acquisitions.

Future Projections: Analysts expect STERIS to continue growing its revenue and earnings at a moderate pace, driven by favorable industry trends and strategic initiatives. The average analyst revenue forecast for 2024 is 5518000000

Recent Initiatives: Recent strategic initiatives include acquisitions of businesses that complement STERIS's existing portfolio and investments in new product development.

Summary

STERIS plc is a strong company with a leading position in the infection prevention and sterilization market. Its diverse portfolio, recurring revenue streams, and global presence contribute to its stability. Key areas to watch include regulatory changes, integration of acquisitions, and competitive pressures. STERIS fundamentals continue to look strong.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • STERIS plc Investor Relations
  • SEC Filings
  • Market Research Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own due diligence and risk tolerance.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About STERIS plc

Exchange NYSE
Headquaters Mentor, OH, United States
IPO Launch date 1992-06-01
President, CEO & Director Mr. Daniel A. Carestio
Sector Healthcare
Industry Medical Devices
Full time employees 17787
Full time employees 17787

STERIS plc provides infection prevention products and services worldwide. It operates in three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in procedure rooms, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument, devices, and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The AST segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of contract sterilization and laboratory facilities, as well as integrated sterilization equipment and control systems to medical device manufacturers and research institutions. The Life Sciences segment designs, manufactures, and sells consumable products, such as pharmaceutical detergents, cleanroom disinfectants and sterilants, pharmaceutical grade and research sterilizers and washers, sterility assurance and maintenance products, vaporized hydrogen peroxide room decontamination systems and sterilizers, and high purity water and pure steam generators. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. It serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is headquartered in Mentor, Ohio.