Steris (STE) FY2024 results: revenue $5.1 billion, up 13.3% on the year
Steris plc (STE) reported revenue of $5.1 billion for fiscal 2024, the year ended 31 March 2024, up 13.3% on the year before. Net income was $378 million, up 253.4%, and diluted earnings per share $3.81. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2024.
Revenue
$5.1 billion
+13.3% on the year
FY2017FY2024
Operating margin
16.3%
17.4% a year earlier
FY2017FY2024
Net income
$378 million
+253.4% on the year
FY2017FY2024
Diluted EPS
$3.81
+256.1% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
973
757
685
+28.6%
Capital expenditure
360
362
288
-0.5%
Free cash flow
613
395
397
+55.2%
Free cash flow margin
11.9%
8.7%
9.4%
Cash from investing
-887
-383
-667
Cash from financing
-85.2
-499
116
Depreciation and amortisation
565
553
553
+2.2%
Share-based compensation
56.5
39.0
57.7
+45.1%
Buybacks
11.8
309
55.8
-96.2%
Dividends paid
201
183
163
+9.3%
Dividend per share
$2.03
$1.84
$1.69
+10.3%
Diluted shares, weighted
99m
100m
98m
-0.9%
Shares outstanding at period end
99m
99m
100m
+0.3%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
6,302
6,077
6,532
+3.7%
Non-controlling interest
13.2
10.0
12.3
+32.2%
Debt
3,206
3,079
3,088
+4.1%
Operating lease liabilities
146
140
155
+4.5%
Other liabilities
1,396
1,516
1,636
-7.9%
Total liabilities and equity
11,064
10,822
11,424
+2.2%
Fixed assets
1,765
1,633
1,553
+8.1%
Goodwill
4,071
3,879
3,939
+4.9%
Intangible assets
2,119
2,077
3,329
+2.1%
Cash and equivalents
207
208
348
-0.6%
Receivables
1,008
865
799
+16.6%
Inventory
675
604
575
+11.6%
Other assets
1,219
1,555
881
-21.6%
Total assets
11,064
10,822
11,424
+2.2%
10-K for the year ended 31 March 2024, filed 29 May 2024: the filing.