Steris (STE) FY2025 results: revenue $5.5 billion, up 6.2% on the year
Steris plc (STE) reported revenue of $5.5 billion for fiscal 2025, the year ended 31 March 2025, up 6.2% on the year before. Net income was $615 million, up 62.5%, and diluted earnings per share $6.20. The figures are the company's own, from the 10-K it filed with the SEC on 29 May 2025.
Revenue
$5.5 billion
+6.2% on the year
FY2018FY2025
Operating margin
15.9%
16.3% a year earlier
FY2018FY2025
Net income
$615 million
+62.5% on the year
FY2018FY2025
Diluted EPS
$6.20
+62.7% on the year
FY2018FY2025
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
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
1,148
973
757
+18.0%
Capital expenditure
370
360
362
+2.7%
Free cash flow
778
613
395
+26.9%
Free cash flow margin
14.3%
11.9%
8.7%
Cash from investing
389
-887
-383
Cash from financing
-1,572
-85.2
-499
Depreciation and amortisation
476
565
553
-15.8%
Share-based compensation
57.4
56.5
39.0
+1.5%
Buybacks
211
11.8
309
+1,690.9%
Dividends paid
220
201
183
+9.6%
Dividend per share
$2.23
$2.03
$1.84
+9.9%
Diluted shares, weighted
99m
99m
100m
-0.3%
Shares outstanding at period end
98m
99m
99m
-0.6%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
6,603
6,302
6,077
+4.8%
Non-controlling interest
12.4
13.2
10.0
-5.9%
Debt
2,044
3,206
3,079
-36.3%
Operating lease liabilities
125
146
140
-14.5%
Other liabilities
1,363
1,396
1,516
-2.4%
Total liabilities and equity
10,147
11,064
10,822
-8.3%
Fixed assets
1,957
1,765
1,633
+10.8%
Goodwill
4,096
4,071
3,879
+0.6%
Intangible assets
1,854
2,119
2,077
-12.5%
Cash and equivalents
172
207
208
-17.1%
Receivables
1,044
1,008
865
+3.5%
Inventory
581
675
604
-13.8%
Other assets
443
1,219
1,555
-63.6%
Total assets
10,147
11,064
10,822
-8.3%
10-K for the year ended 31 March 2025, filed 29 May 2025: the filing.