STERIS plc

STENYSEHealthcare● Active

$210.69

$-1.66(-0.78%)

Market Cap$20.6B

P/E Ratio—

52W High$269.44

52W Low$195.14

Avg Volume801K

Open$210.68

Beta0.92

Overview

STERIS plc (STE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

STE · free cash flow · updated Jun 8, 2026

Core FCF metrics

STE · FCF · TTM · margin & CAGR

Free cash flow was $972.4M for FY2026 (fiscal year ending 2026-03-31), up 25.0% year-over-year The FCF margin was 16.4%. Five-year CAGR stands at +16.6%.

FY2026 Free Cash Flow$972.4M▲ +25.0% YoY

Trailing 12M (TTM)$972.4Mtrailing 4 quarters sum

FCF Margin16.4%$972.4M ÷ revenue

3-Year CAGR+35.0%FY2023 → FY2026

5-Year CAGR+16.6%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

STE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$1.34B(369M)$972.4M▲ +25.0%16.4%

FY2025$1.15B(370M)$778.0M▲ +26.9%14.3%

FY2024$973.3M(360M)$612.9M▲ +55.2%11.9%

FY2023$756.9M(362M)$395.0M▼ 0.6%8.7%

FY2022$684.8M(288M)$397.2M▼ 11.8%9.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

STE · P/FCF · FCF yield · FCF per share

STERIS plc (STE) trades at a FCF yield of 4.72% and a price-to-free-cash-flow ratio of 21.3x. FCF per share stands at $9.90, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

4.72%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$9.90

TTM FCF ÷ Shares Outstanding

Price / FCF

x21.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x22.9

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

STE · cash flow statement · operating / investing / financing

For FY2026, STERIS plc generated $1.34B in operating cash flow and spent 369M in capital expenditures, yielding $972.4M in free cash flow.

Operating Activities

+$1.34B

Cash from core business operations

2026-03-31

Investing Activities

−$512.5M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

−$568.2M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($1.34B) − |CapEx| (369M) = FCF ($972.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Healthcare)

STE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

STERIS plcYOU

STE

$972.4M+25.0%16.4%

UnitedHealth Group Incorporated

UNH

$16.07B-22.4%3.6%

82%

Eli Lilly and Company

LLY

$8.97B+2065.6%13.8%

46%

Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

STERIS plc (STE) reported free cash flow of $972.4M for FY2026 (fiscal year ending 2026-03-31), up 25.0% year-over-year. The FCF margin was 16.4%.

Based on available data, STERIS plc has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $972.4M in FY2026. The 5-year CAGR stands at +16.6%.

STERIS plc's FCF yield is 4.72% and price-to-FCF ratio is 21.3x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

STE free cash flow · 8 questions

STERIS plc free cash flow was $972.4M for FY2026, up 25.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $972.4M.

STE free cash flowSTE FCFSTE FCF 2026STE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · STERIS plc · STERIS plc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026