Company / Operating Margin
Steris Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
15.9%
FY2024
5-year range
11.3% / 17.4%
FY2020-FY2024
Trend
-2.5%
vs FY2023
Sector context
#30 of 143
Health Care
What the data says
Steris's operating margin of 15.9% is higher than 79% of companies in the Health Care sector (FY2024). Operating Margin has fluctuated over the past 8 years, ranging from 8.7% in FY2016 to 17.7% in FY2019.
Based on SEC 10-K filings.
15.9% in FY2024 with a 5-year CAGR of -1.8%. Top quartile in the Health Care sector.
Declined from 17.4% to 15.9% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +4.6pp
- 5-Year Change
- -1.8pp
- 10-Year Change
- -
Sector benchmark
Top 21% in Health CareTop 21% of 143This company 15.9% Sector average -295.2%
▼
+105.4% above sector average
Key checks
Key Insights
- In FY2024, operating margin decreased 2.5% year-over-year.
- Currently 311.1pp above the Health Care sector average.
- Peak operating margin was recorded in FY2019.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 1.06 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 15.9% | -2.5% |
| FY2023 | 16.3% | -6.7% |
| FY2022 | 17.4% | +54.2% |
| FY2021 | 11.3% | -35.9% |
| FY2020 | 17.6% | -0.4% |
| FY2019 | 17.7% | +19.9% |
| FY2018 | 14.8% | - |
| FY2017 | - | - |
| FY2016 | 8.7% | - |
As of FY2024 · SEC 10-K · Updated Mar 13, 2026