
STERIS plc
NYSE:STE

STERIS plc
Operating Income
STERIS plc
Operating Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
![]() |
STERIS plc
NYSE:STE
|
Operating Income
$959m
|
CAGR 3-Years
26%
|
CAGR 5-Years
13%
|
CAGR 10-Years
15%
|
|
![]() |
Medtronic PLC
NYSE:MDT
|
Operating Income
$6.5B
|
CAGR 3-Years
-3%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
2%
|
STERIS plc
Glance View
Emerging as a silent pioneer in the intricate world of sterilization and infection prevention, STERIS plc has carved out a significant niche in the healthcare industry. Originally founded in 1985, the company has grown through strategic acquisitions and organic expansion. It primarily focuses on protecting patients by ensuring high standards of cleanliness and safety in healthcare environments. STERIS offers a broad array of products and services, from sophisticated sterilization equipment for hospital operating rooms to surface disinfectants and washes that keep healthcare facilities safe and clean. Their diverse portfolio ensures that they can meet the evolving needs of the global healthcare sector, which increasingly demands stringent infection control protocols. What sets STERIS apart is its innovative approach to both service and product offerings, which blend together to create comprehensive infection prevention solutions. By marrying state-of-the-art technology with a service-oriented business model, the company supports hospitals, medical-device companies, and research labs by maintaining their operational readiness and compliance with health standards. Revenue is generated through a mix of product sales as well as renewable service contracts, which guarantee recurring income. These long-term service agreements, alongside the consistent demand for advanced sterilization solutions, have enabled STERIS to sustain and even enhance its financial health while supporting the mission of safer patient care globally.

See Also
What is STERIS plc's Operating Income?
Operating Income
959m
USD
Based on the financial report for Dec 31, 2024, STERIS plc's Operating Income amounts to 959m USD.
What is STERIS plc's Operating Income growth rate?
Operating Income CAGR 10Y
15%
Over the last year, the Operating Income growth was 13%. The average annual Operating Income growth rates for STERIS plc have been 26% over the past three years , 13% over the past five years , and 15% over the past ten years .