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.
Peer comparison
Mar 31, 2025