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STE

STE

Healthcare · Medical Devices

$207.39+0.71%
Mkt Cap: $20.21BDY: 1.22%

Performance

STE (STE) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

STE (STE) operates in the Medical Devices space within the Healthcare sector. With a market cap of $20.2B, it qualifies as a mid-cap company. Growth is moderate and the business remains profitable, offering a balanced risk/reward profile compared to high-multiple peers.

Bull Case6
  • Forward P/E (17.1×) is lower than trailing P/E (26.2×) — analysts expect earnings to improve
  • Revenue growth of 7% YoY shows solid business momentum
  • Earnings grew 52% YoY — bottom-line is expanding fast
  • Healthy profit margin of 13.2%
  • Current ratio of 2.1× — ample short-term liquidity
  • Price is near its 52-week low — potential entry point with asymmetric upside
Bear Case2
  • P/E of 26.2× is above average — valuation requires continued strong growth to justify
  • High debt-to-equity of 29.00× increases financial risk, especially with elevated interest rates

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

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AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

1.22%

5Y Avg Annual

$1.7980

Last Payment

$0.6300

Ex-Date

06/08/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest06/08/2026
06/26/2026$0.63001.22%
02/17/2026
03/07/2026$0.63001.22%
09/04/2025
09/22/2025$0.63001.22%
06/10/2025
06/28/2025$0.57001.10%
02/20/2025
03/10/2025$0.57001.10%
11/19/2024
12/07/2024$0.57001.10%
09/05/2024
09/23/2024$0.57001.10%
06/12/2024
06/30/2024$0.52001.00%

Magic Number

Shares needed to self-fund your next purchase

$207.39

Price

÷

$0.6300

Last div. (semesterly)

=

330

shares

Own 330 STE shares ($68,438.70) and each semesterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$68,438.70

New shares / year

+2 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Aug 5, 2026

50

days

EPS (TTM)

$7.93

P/E (TTM)

26.2

Fwd P/E

17.1

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$20.21B
P/E Ratio26.15
Forward P/E17.13
P/B Ratio
PEG Ratio1.41
EPS (TTM)$7.93

Trading

Open
Day High
Day Low
52W High$269.44
52W Low$195.14
Volume
Avg Volume (3M)757,157
Beta0.92

Dividends

Dividend Yield1.22%
Annual Rate$2.52
Ex-Div Date2026-06-08
Payout Ratio31.02%

Profitability

Profit Margin13.18%
Operating Margin20.04%
ROE11.37%
ROA6.65%
Revenue Growth7.30%
Earnings Growth52.20%

Balance Sheet

Total Revenue$5.94B
Total Debt$2.09B
Debt / Equity29.00
Current Ratio2.09
Free Cash Flow$837.29M

Fair Value Estimates

Current price: $207.39

Graham Number

√(22.5 × EPS × Book Value)

$114.48

-44.8% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$31.30

-84.9% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

9/10

90% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

11.4%

Return on equity — measures how efficiently capital is used

Positive profit margin

13.2%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+7.3%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+52.2%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

29.00×

Low financial leverage reduces risk of distress

Current ratio above 1

2.09×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$157M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

1.22%

Stock must distribute income to shareholders

Related Assets

Healthcare

About STE

STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. It operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences. The company offers cleaning chemistries and sterility assurance products, automated endoscope reprocessing system and tracking products, endoscopy accessories, instruments, washers, and sterilizers and other pieces of capital equipment, as well as equipment used directly in the procedure rooms, including surgical tables, lights, equipment management services, and connectivity solutions; and various preventive maintenance programs, repair services, custom process improvement consulting, and outsourced instrument sterile processing, as well as instrument, devices, and endoscope repair and maintenance services. It also provides process controls and monitoring systems, as well as integrated sterilization equipment, such as accelerators, product handling, and automation; and sterilization modalities, product development, materials testing, and process validation, as well as support services for sterilization equipment and control systems comprising installation, preventive maintenance, updates, repairs, and troubleshooting. In addition, the company offers 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; and preventive maintenance programs and repair services to support the operation of capital equipment. It serves healthcare providers, medical device and pharmaceutical manufacturers, biopharmaceutical manufacturing facilities, and hospitals. The company was formerly known as New STERIS Limited and changed its name to STERIS plc in November 2015. STERIS plc was founded in 1985 and is headquartered in Mentor, Ohio.

Sector

Healthcare

Industry

Medical Devices

Location

Mentor, United States

Employees

17,937