STERIS plc (STE)

Net profit margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Net income (ttm) US$ in thousands 614,639 467,592 434,801 400,086 378,239 566,841 549,423 118,873 106,074 -29,098 -9,329 375,527 242,870 278,260 249,754 285,987 396,079 431,952 422,294 411,205
Revenue (ttm) US$ in thousands 5,459,510 5,398,370 5,423,440 5,436,890 5,441,930 5,407,380 5,227,730 5,085,890 4,957,840 4,783,690 4,776,670 4,773,130 4,585,062 4,247,903 3,847,857 3,407,009 3,107,519 3,056,979 3,022,316 3,003,024
Net profit margin 11.26% 8.66% 8.02% 7.36% 6.95% 10.48% 10.51% 2.34% 2.14% -0.61% -0.20% 7.87% 5.30% 6.55% 6.49% 8.39% 12.75% 14.13% 13.97% 13.69%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $614,639K ÷ $5,459,510K
= 11.26%

The net profit margin of STERIS plc has shown some fluctuations over the past few years. It stood at a healthy 13.69% as of June 30, 2020, and demonstrated a slight improvement to 14.13% by the end of December 31, 2020. However, in the following quarters, the net profit margin experienced a decline, dropping to 8.39% by June 30, 2021, and further to 6.49% by September 30, 2021.

Throughout 2022, the net profit margin remained in negative territory, indicating that the company was experiencing losses during this period. Although there was a gradual improvement in profitability in the subsequent quarters, with the net profit margin increasing to 11.26% as of March 31, 2025, it is important to note that the margin had not fully recovered to its previous levels.

Overall, the trend in the net profit margin of STERIS plc suggests periods of both profitability and challenges, highlighting the importance of closely monitoring and managing the company's operational efficiency and cost structure to sustain and enhance its profitability in the future.