STERIS plc (STE)

Net profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net income	US$ in thousands	614,641	378,239	107,030	243,888	397,400
Revenue	US$ in thousands	5,459,520	5,138,700	4,536,270	4,585,060	3,107,520
Net profit margin		11.26%	7.36%	2.36%	5.32%	12.79%

March 31, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $614,641K ÷ $5,459,520K
= 11.26%

The net profit margin of STERIS plc has exhibited some fluctuations over the past five years. Starting at 12.79% in March 2021, there was a significant decline to 5.32% by March 2022, indicating a decrease in profitability. The margin further decreased to 2.36% by March 2023, reflecting continued challenges in generating profits relative to revenue.

However, there was a positive rebound in the net profit margin in March 2024, increasing to 7.36%, suggesting improved profitability compared to the previous year. This positive trend continued into March 2025, with the net profit margin rising to 11.26%, indicating a strong performance in terms of profitability.

Overall, the net profit margin of STERIS plc has shown variability over the years, with fluctuations that may be influenced by factors such as operational efficiency, cost management, and revenue growth. It is important for stakeholders to monitor these fluctuations closely to understand the company's ability to generate profit from its operations.