Steris (STE) FY2025 10-K Annual Report

Filed: May 29, 2025
Health Care
Orthopedic, Prosthetic & Surgical Appliances & SuppliesSEC EDGAR

Steris (STE) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 29, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Steris FY2025 10-K Analysis

Business Overview

  • Core business model: Infection prevention and procedural products and services for healthcare and other industries
  • No new products, services, or segments introduced or highlighted in this filing year
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Management Discussion & Analysis

  • Revenue $5.46B, up 6.2% YoY; Healthcare $3.88B (+7.4%), AST $1.04B (+8.9%), Life Sciences $542M (-5.1%)
  • Operating margin Healthcare 25.0% vs 24.1%, AST 44.8% vs 46.1%, Life Sciences 42.3% vs 38.7%
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Risk Factors

  • Illinois EO litigation settlement $48.15M expense recognized in FY 2025 indicating ongoing legal risk from state-level enforcement
  • Foreign revenues $1.34B from "Other locations" exposing to currency and geopolitical risks impacting international markets
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Steris FY2025 Key Financial Metrics
XBRL

Revenue

$5.5B

+6.2% YoY

Net Income

$615M

+62.5% YoY

Gross Margin

44.0%

+84bp YoY

Operating Margin

15.9%

-40bp YoY

Net Margin

11.3%

+390bp YoY

ROE

9.3%

+331bp YoY

Total Assets

$10.1B

-8.3% YoY

EPS (Diluted)

$6.20

+62.7% YoY

Operating Cash Flow

$1.1B

+18.0% YoY

Source: XBRL data from Steris FY2025 10-K filing on SEC EDGAR. All figures in USD.

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