STERIS plc (STE)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	6,615,760	6,416,100	6,593,490	6,354,600	6,302,160	6,415,400	6,189,170	6,178,370	6,087,170	6,048,520	5,802,060	6,419,130	6,544,640	6,623,670	6,544,930	6,574,580	3,891,470	3,878,190	3,662,460	3,489,710
ROE		9.29%	7.29%	6.59%	6.30%	6.00%	8.84%	8.88%	1.92%	1.74%	-0.48%	-0.16%	5.85%	3.71%	4.20%	3.82%	4.35%	10.18%	11.14%	11.53%	11.78%

March 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $614,639K ÷ $6,615,760K
= 9.29%

Over the period from June 30, 2020, to March 31, 2025, STERIS plc's return on equity (ROE) exhibited fluctuations.

From June 30, 2020, to March 31, 2023, the ROE showed a declining trend, starting at 11.78% and reaching a low of 1.74%. This downward trend may indicate challenges in generating profits relative to the equity invested in the business during this period.

However, there was a noticeable improvement in the ROE from June 30, 2023, onwards. The ROE increased steadily from 1.92% to 9.29% by March 31, 2025. This improvement suggests that STERIS plc may have implemented strategies to enhance profitability and efficiency in utilizing its equity.

It is essential for investors and stakeholders to monitor the company's ROE performance continuously, as it reflects the company's ability to generate profits from shareholders' equity. Improvements in ROE over time indicate better utilization of equity and a more efficient use of financial resources, which can positively impact shareholder value.