STERIS plc

STERIS plc Interest Coverage

The Interest Coverage Ratio of STERIS plc (STE) as of Oct 12, 2026 is 11.13. In the previous year, Interest Coverage Ratio was 6.27 — a change of 77.47% (higher).

Interest Coverage

11.13

YoY

77.47%

Last updated:

Interest Coverage Ratio of STERIS plc is 2025 11.13 . Interest Coverage Ratio of STERIS plc was 2024 6.27 . It decreases by 77.47% higher compared to the previous year.

The STERIS plc Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
8.64 USD
Jan 1, 2019
9.79 USD
Jan 1, 2020
14.02 USD
Jan 1, 2021
17.80 USD
Jan 1, 2022
5.74 USD
Jan 1, 2023
7.14 USD
Jan 1, 2024
6.27 USD
Jan 1, 2025
11.13 USD
The STERIS plc Interest Coverage history
YEARInterest CoverageYoY
11.13+77.47%
6.27-12.15%
7.14+24.47%
5.74-67.78%
17.80+26.97%
14.02+43.28%
9.79+13.31%
8.64+66.09%
5.20+1.84%
5.11-55.28%
11.42+8.21%
10.55—
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STERIS plc Stock analysis

What does STERIS plc do? Steris plc is a global provider of products and services in the field of sterilization and disinfection. The company was founded in the United States in 1985 and became an Irish company with headquarters in Dublin in 2015. Steris plc's business model is based on offering solutions for the sterilization and disinfection of medical devices, rooms, and instruments. The company offers a wide range of products and services, including machines and equipment, chemicals and consumables, as well as consulting and training services. Steris plc is divided into several business segments, each focused on specific customer needs. The Healthcare Products division provides solutions for hospitals and medical facilities, including cleaning and disinfecting agents, surgical instruments, and sterilization equipment. The Life Sciences division offers products and services for biotechnology, pharmaceutical, and medical device companies, such as cleaning and sterilization services that comply with FDA regulations. Another important area of Steris plc is Applied Sterilization Technologies, which offers customized solutions for customers in various industries. These range from sterilizing food and beverages to industrial applications such as sterilizing materials in the automotive industry. In addition to offering products and services, Steris plc also specializes in consulting and training for customers. The company provides a wide range of training and seminars to ensure optimal use of sterilization and disinfection products and maximize safety and efficiency. One of Steris plc's most well-known products is the "STERIS V-PRO" system. This system is an automated sterilizer that allows for rapid sterilization of medical instruments and devices. Unlike traditional sterilization methods, this system uses high-energy waves for sterilization, making it possible to sterilize sensitive instruments and materials that may not be possible with conventional methods. Another product of Steris plc is the "SYSTEM 1" sterilization process, used for the sterilization of flexible endoscopes. This process is particularly efficient and effective, sterilizing the endoscopes quickly and thoroughly without causing damage during the process. Steris plc is a pioneer in the field of sterilization and disinfection and has established itself as a leading provider in this field. The company aims to develop innovative solutions to help customers worldwide meet their sterilization and disinfection requirements optimally. STERIS plc is one of the most popular companies on Eulerpool.

Frequently Asked Questions about STERIS plc stock

Interest Coverage Ratio of STERIS plc is 11.13 in 2025.

Interest Coverage Ratio of STERIS plc changed from 6.27 to 11.13, representing a 77.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio STERIS plc since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's STERIS plc with sector peers and the industry average to assess whether it is attractive.

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Leverage — STERIS plc

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