STERIS plc
NYSE:STE
Operating Margin
STERIS plc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| IE |
|
STERIS plc
NYSE:STE
|
24.7B USD |
19%
|
|
| US |
|
Abbott Laboratories
NYSE:ABT
|
234.1B USD |
17%
|
|
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
198.1B USD |
28%
|
|
| US |
|
Boston Scientific Corp
NYSE:BSX
|
156.7B USD |
19%
|
|
| US |
|
Stryker Corp
NYSE:SYK
|
148.8B USD |
22%
|
|
| IE |
|
Medtronic PLC
NYSE:MDT
|
110.8B USD |
19%
|
|
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
55B EUR |
14%
|
|
| US |
|
Becton Dickinson and Co
NYSE:BDX
|
50.5B USD |
13%
|
|
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
45.8B USD |
28%
|
|
| US |
|
IDEXX Laboratories Inc
NASDAQ:IDXX
|
41.7B USD |
29%
|
|
| CN |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd
SZSE:300760
|
271.2B CNY |
34%
|
STERIS plc
Glance View
Emerging as a silent pioneer in the intricate world of sterilization and infection prevention, STERIS plc has carved out a significant niche in the healthcare industry. Originally founded in 1985, the company has grown through strategic acquisitions and organic expansion. It primarily focuses on protecting patients by ensuring high standards of cleanliness and safety in healthcare environments. STERIS offers a broad array of products and services, from sophisticated sterilization equipment for hospital operating rooms to surface disinfectants and washes that keep healthcare facilities safe and clean. Their diverse portfolio ensures that they can meet the evolving needs of the global healthcare sector, which increasingly demands stringent infection control protocols. What sets STERIS apart is its innovative approach to both service and product offerings, which blend together to create comprehensive infection prevention solutions. By marrying state-of-the-art technology with a service-oriented business model, the company supports hospitals, medical-device companies, and research labs by maintaining their operational readiness and compliance with health standards. Revenue is generated through a mix of product sales as well as renewable service contracts, which guarantee recurring income. These long-term service agreements, alongside the consistent demand for advanced sterilization solutions, have enabled STERIS to sustain and even enhance its financial health while supporting the mission of safer patient care globally.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on STERIS plc's most recent financial statements, the company has Operating Margin of 18.8%.
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