STERIS plc (STE)
Operating profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 866,641 | 836,118 | 268,185 | 477,815 | 323,303 |
| Revenue | US$ in thousands | 5,459,520 | 5,138,700 | 4,536,270 | 4,585,060 | 3,107,520 |
| Operating profit margin | 15.87% | 16.27% | 5.91% | 10.42% | 10.40% |
March 31, 2025 calculation
Operating profit margin = Operating income ÷ Revenue
= $866,641K ÷ $5,459,520K
= 15.87%
The operating profit margin of STERIS plc has shown fluctuations over the past five years. It stood at 10.40% as of March 31, 2021, declining to 9.28% by March 31, 2022. There was a notable decrease in the operating profit margin to 5.91% on March 31, 2023, possibly indicating operational or cost efficiency challenges.
However, the company's operating profit margin rebounded significantly to 16.27% as of March 31, 2024, indicating improved profitability and cost management. The positive trend continued with a slight decrease to 15.87% by March 31, 2025, showcasing solid operational performance.
Overall, the operating profit margin of STERIS plc has displayed volatility in recent years, highlighting the importance of closely monitoring operational efficiency and cost control measures to sustain and enhance profitability in the future.
Peer comparison
Mar 31, 2025