NASDAQ$SHC

Sotera Health Company · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Sotera Health's Q4 2024 results were announced, with a decrease in net revenues and net income compared to the same period last year, alongside a decline in adjusted EBITDA and adjusted EPS.

Sotera Health reported a decrease in net revenues for the fourth quarter of 2024, falling by 6.5% to $290 million. Net income also decreased to $12 million, or $0.04 per diluted share, compared to $39 million, or $0.14 per diluted share, in the same quarter of the previous year. Adjusted EBITDA saw a decrease of 8.3% to $153 million, and Adjusted EPS was $0.21, a decrease of $0.02 per diluted share.

  • Net revenues decreased by 6.5% to $290 million compared to Q4 2023.
  • Net income was $12 million, or $0.04 per diluted share, down from $39 million, or $0.14 per diluted share, in Q4 2023.
  • Adjusted EBITDA decreased by 8.3% to $153 million compared to the prior-year quarter.
  • Adjusted EPS was $0.21, a decrease of $0.02 per diluted share compared to Q4 2023.

Headline financials

Total Revenue

$290M

Previous: $310M-6.5%
EPS (adj)

$0.21

Previous: $0.26-19.2%
Adjusted EBITDA

$153M

No prior period
Adjusted EBITDA Margin

52.7%

No prior period
Net Income

$12.3M

Previous: $38.7M-68.1%
Operating Income

$87.1M

Previous: $104M-16.2%

Revenue & EPS history

Sotera Health · Revenue · Quarterly

$290M

Q4 2024-6.5%vs Q4 2023
Beat estimate in 13 of 15 quarters(87%)
ActualEstimate

Revenue by segment

Sotera Health · $263M total across 3 segments · Q3 2023

  • Sterigenics
    $168M+6.7%
  • Nelson Labs
    $54.7M-2.1%
  • Nordion
    $40.1M+14.3%

Forward guidance

Sotera Health provided its full-year 2025 outlook, including net revenues growth in the range of 4.0% to 6.0% on a constant currency basis and Adjusted EPS in the range of $0.70 to $0.76.

Tailwinds

  • Net revenues growth in the range of 4.0% to 6.0%, on a constant currency basis.
  • Adjusted EBITDA growth in the range of 4.5% to 6.5%, on a constant currency basis.
  • Adjusted EPS in the range of $0.70 to $0.76.
  • A weighted-average fully diluted share count in the range of 286 million to 287 million shares.
  • Capital expenditures in the range of $190 million to $210 million.

Headwinds

  • Foreign currency headwind to net revenues of approximately 2.25%.
  • Foreign currency headwind to Adjusted EBITDA of approximately 2.50%.
  • Interest expense in the range of $155 million to $165 million.
  • Tax rate applicable to Adjusted Net Income in the range of 33.0% to 35.0%.
  • The Company does not provide a reconciliation for non-GAAP financial measures on a forward-looking basis where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items without unreasonable effort.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-2.7%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.4%

Avg return

30 days after

25%

6 / 24 earnings

Positive

+11.2%

Q2 2024

Best reaction

-15.9%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+2.6%+1.2%
Q4 2025-0.5%-7.1%-22.6%
Q3 2025-1.1%-5.6%-0.3%
Q1 2025+5.2%+11.7%+6.4%
Q4 2024-10.0%-15.9%-13.7%
Q3 2024+2.0%+1.8%-17.9%
Q2 2024+11.2%+10.1%+16.6%
Q1 2024-2.2%+1.8%-0.8%
Q4 2023-12.3%-14.7%-29.6%
Q3 2023+1.2%+5.8%+10.6%
Q2 2023-3.7%-7.1%-13.4%
Q1 2023-7.5%-7.9%-9.2%
Q4 2022-0.5%+3.9%+2.0%
Q3 2022-10.6%-7.7%+28.6%
Q2 2022+2.1%+4.2%-6.7%
Q1 2022-2.8%-5.4%+3.7%
Q4 2021-8.4%-11.4%-1.0%
Q4 2019-8.4%-11.4%-1.0%
Q3 2021-15.9%-13.7%-20.0%
Q2 2021-0.7%-6.3%+1.0%
Q2 2020-0.7%-6.3%+1.0%
Q1 2021-5.4%-3.4%+3.5%
Q1 2020-5.4%-3.4%+3.5%
Q4 2020+8.9%+13.6%+1.4%
Q3 2019
Q2 2019
Q1 2019

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