NYSE$STE

STERIS PLC · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

STERIS reported its financial results for the third quarter of fiscal year 2025, showing an increase in total revenue and net income from continuing operations.

STERIS plc announced strong financial results for its fiscal 2025 third quarter, with total revenue from continuing operations increasing by 6% to $1.4 billion. Net income from continuing operations rose to $173.6 million, and adjusted EPS increased to $2.32. The company also updated its fiscal 2025 outlook, primarily due to shifts in foreign currency rates.

  • Total revenue from continuing operations increased 6% to $1.4 billion in Q3 fiscal 2025.
  • Constant currency organic revenue from continuing operations also grew by 6%.
  • As reported EPS from continuing operations increased to $1.75, while adjusted EPS rose to $2.32.
  • Healthcare revenue grew 7% to $976.0 million, driven by improvements in consumables and service revenue.

Headline financials

Total Revenue

$1.37B

Previous: $1.4B-1.8%
EPS (adj)

$2.32

Previous: $1.42+63.4%
Capital Expenditures

-$299M

Previous: -$269M-11.3%
Free Cash Flow

$588M

Previous: $450M+30.8%
Net Income

$174M

Previous: $141M+23.4%
Operating Income

$245M

Previous: $216M+13.5%
Gross Profit

$610M

Previous: $603M+1.3%
R&D Expense

$27.4M

No prior period

Revenue & EPS history

STERIS · Revenue · Quarterly

$1.37B

Q3 2025-1.8%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

STERIS · $1.59B total across 3 segments · Q4 2027

  • Healthcare
    $1.14B
  • Applied Sterilization Technologies
    $289M
  • Life Sciences
    $163M

Forward guidance

For fiscal 2025, STERIS expects as reported revenue to increase approximately 6% and adjusted earnings per diluted share to be in the range of $9.05 to $9.15. Capital expenditures are anticipated to be around $360 million, with free cash flow expected to be approximately $700 million.

Tailwinds

  • Anticipated as reported revenue increase of approximately 6% for fiscal 2025.
  • Constant currency organic revenue from continuing operations expected to be approximately 6%.
  • Adjusted earnings per diluted share anticipated to be in the range of $9.05 to $9.15.
  • Free cash flow expected to be approximately $700 million.
  • Effective tax rate assumed to be approximately 23%.

Headwinds

  • Updated outlook reflects a significant shift in foreign currency based on forward rates through March 31, 2025, which is expected to be unfavorable to revenue.
  • Lower than anticipated revenue for capital equipment in the Healthcare segment.
  • Approximately ten cent negative impact on adjusted EPS from currency.
  • Outlook does not reflect any potential impact from new tariffs.
  • Capital expenditures are anticipated to be approximately $360 million.

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 Q3 2025

Historical avgQ3 2025

+0.5%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+1.3%

Avg return

30 days after

59%

38 / 64 earnings

Positive

+12.9%

Q4 2014

Best reaction

-11.4%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2027+0.0%+7.2%+2.8%
Q3 2026-7.7%-7.4%-12.8%
Q2 2026+7.0%+9.7%+8.3%
Q4 2025+8.6%+10.1%+6.1%
Q3 2025+2.1%+1.1%+5.4%
Q2 2025-5.2%-2.5%-5.1%
Q1 2025-1.8%-0.8%+0.5%
Q4 2024+6.2%+9.2%+6.6%
Q3 2024-2.5%-0.4%+3.4%
Q2 2024-5.1%-8.4%-7.1%
Q1 2024+1.0%+0.2%+1.8%
Q4 2023+11.2%+12.7%+10.6%
Q3 2023-11.4%-9.5%-18.2%
Q2 2023+3.5%+2.6%+17.3%
Q1 2023-8.8%-4.7%-10.0%
Q4 2022+1.4%+1.2%+2.6%
Q3 2022+4.6%+1.3%-2.1%
Q2 2022-5.5%-4.8%-6.4%
Q1 2022+0.6%+1.2%+0.2%
Q4 2021-3.6%-3.1%+1.9%
Q3 2021-1.9%-1.7%-8.1%
Q2 2021-0.5%+2.5%+8.8%
Q1 2021-1.0%-3.4%+2.5%
Q4 2020+1.2%+7.0%+1.8%
Q3 2020+6.1%+10.2%-5.0%
Q2 2020+2.3%+2.6%+8.4%
Q1 2020+3.0%+4.1%+3.0%
Q4 2019+1.1%+3.2%+10.2%
Q3 2019+1.9%+3.1%+3.6%
Q2 2019+7.0%+7.4%+5.4%
Q1 2019-0.7%-1.1%-1.9%
Q4 2018+4.7%+4.6%+8.6%
Q3 2018-4.7%-2.8%+7.8%
Q2 2018-6.0%-6.6%-3.9%
Q1 2018+4.9%+3.3%+5.8%
Q4 2017+1.4%-0.4%+6.4%
Q3 2017-6.5%-5.7%-3.4%
Q2 2017-3.0%+0.5%-2.0%
Q1 2017-1.6%-1.9%-2.0%
Q4 2016-0.5%
Q3 2016-1.9%
Q2 2016+6.4%
Q1 2016+0.7%
Q4 2015+2.5%
Q3 2015+1.1%
Q2 2015+3.5%
Q1 2015+0.3%
Q4 2014+12.9%
Q3 2014+0.5%
Q2 2014-3.6%
Q1 2014-3.6%
Q4 2013+8.3%
Q3 2013+1.4%
Q1 2013+1.4%
Q2 2013+1.1%
Q4 2012-0.3%
Q3 2012+0.8%
Q1 2012+0.8%
Q2 2012-4.4%
Q4 2011+0.3%
Q3 2010+0.2%
Q1 2010+0.2%
Q2 2010+0.8%
Q4 2010-0.1%

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