Steris (STE) FY2022 results: revenue $4.2 billion, up 35.9% on the year
Steris plc (STE) reported revenue of $4.2 billion for fiscal 2022, the year ended 31 March 2022, up 35.9% on the year before. Net income was $244 million, down 38.6%, and diluted earnings per share $2.48. The figures are the company's own, from the 10-K it filed with the SEC on 31 May 2022.
Revenue
$4.2 billion
+35.9% on the year
FY2017FY2022
Operating margin
11.3%
17.6% a year earlier
FY2017FY2022
Net income
$244 million
-38.6% on the year
FY2017FY2022
Diluted EPS
$2.48
-46.4% on the year
FY2017FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
685
690
591
-0.7%
Capital expenditure
288
239
215
+20.2%
Free cash flow
397
450
376
-11.8%
Free cash flow margin
9.4%
14.5%
12.4%
Cash from investing
-667
-1,154
-320
Cash from financing
116
346
-163
-66.5%
Depreciation and amortisation
553
219
197
+152.3%
Share-based compensation
57.7
26.0
23.8
+122.1%
Buybacks
55.8
14.6
51.2
+280.8%
Dividends paid
163
134
123
+21.9%
Dividend per share
$1.69
$1.57
$1.45
+7.6%
Diluted shares, weighted
98m
86m
86m
+14.5%
Shares outstanding at period end
100m
85m
85m
+17.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,532
3,881
3,405
+68.3%
Non-controlling interest
12.3
10.5
12.8
+17.2%
Debt
3,088
1,651
1,151
+87.1%
Operating lease liabilities
155
130
n/a
+19.6%
Other liabilities
1,636
903
872
+81.2%
Total liabilities and equity
11,424
6,574
5,441
+73.8%
Fixed assets
1,553
1,235
1,112
+25.7%
Goodwill
3,939
3,026
2,356
+30.2%
Intangible assets
3,329
898
565
+270.5%
Cash and equivalents
348
221
320
+57.9%
Receivables
799
609
586
+31.1%
Inventory
575
315
264
+82.5%
Other assets
881
270
238
+226.8%
Total assets
11,424
6,574
5,441
+73.8%
10-K for the year ended 31 March 2022, filed 31 May 2022: the filing.