STERIS plc (STE) vs West Pharmaceutical Services, Inc. (WST)
A side-by-side comparison of STERIS plc and West Pharmaceutical Services, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 12, 2026. Differences are shown without an overall score or investment verdict.
STE
STERIS plc
$236.60HealthcareDelayed quote: Aug 12, 2026, 4:00 PM EDT
WST
West Pharmaceutical Services, Inc.
$352.29HealthcareDelayed quote: Aug 12, 2026, 4:02 PM EDT
Total return — STE vs WST
growth of $100 · dividends reinvested · last 10ySTE +274.2% (+14.1%/yr)WST +349.2% (+16.2%/yr)WST compounded faster over this window
STE WST
STE vs WST: by the numbers
- •WST is the larger company ($24.79B vs $23.06B market cap).
- •STE trades at the lower trailing earnings multiple (29.12 vs 45.05 P/E), one valuation lens rather than an overall verdict.
- •WST converts more revenue to profit (16.98% vs 13.31% net margin).
- •STE grew revenue faster over the past five years (5.93% vs 5.68% CAGR).
- •STE pays the higher dividend yield (1.06% vs 0.25%).
Metrics side by side
Valuation
| Metric | STE | WST |
|---|---|---|
| P/E ratio | 29.12 | 45.05 |
| Forward P/E | 23.36 | 39.39 |
| P/S ratio | 3.86 | 7.55 |
| P/B ratio | 3.19 | 8.40 |
| EV / EBITDA | 13.45 | 28.84 |
| FCF yield | 4.24% | 1.74% |
Profitability
| Metric | STE | WST |
|---|---|---|
| Gross margin | 43.97% | 36.77% |
| Operating margin | 18.83% | 20.64% |
| Net margin | 13.31% | 16.98% |
| ROE | 8.38% | 18.89% |
| ROIC | 8.47% | 13.62% |
Dividends
| Metric | STE | WST |
|---|---|---|
| Dividend yield | 1.06% | 0.25% |
| Payout ratio | 31.78% | 12.88% |
Growth (annualized)
| Metric | STE | WST |
|---|---|---|
| Revenue CAGR (5Y) | 5.93% | 5.68% |
| EPS CAGR (5Y) | 11.22% | 7.85% |
| FCF CAGR (5Y) | 16.89% | 8.74% |
| Total return CAGR (5Y) | 2.80% | -3.64% |
Frequently asked
- Which has the lower trailing P/E, STE or WST?
- STE has the lower trailing P/E: STE trades at 29.12 and WST at 45.05. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, STE or WST?
- Over the past five years, STE grew revenue faster — STE at a 5.93% CAGR versus WST at 5.68%.
- Does STE or WST pay a bigger dividend?
- STE yields 1.06% and WST yields 0.25% based on trailing dividends and the latest price.
- Is STE or WST more profitable?
- WST runs the higher net margin — STE at 13.31% versus WST at 16.98%.
- How have STE and WST total returns compared?
- Over the past 10 years, STE delivered 13.99% and WST delivered 16.26% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
STERIS P/E ratioWest Pharmaceutical Services P/E ratioSTERIS dividend yieldWest Pharmaceutical Services dividend yieldSTERIS ROEWest Pharmaceutical Services ROESTERIS operating marginWest Pharmaceutical Services operating marginSTERIS revenue growthWest Pharmaceutical Services revenue growthSTERIS free cash flowWest Pharmaceutical Services free cash flow
STERIS & West Pharmaceutical Services appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 12, 2026.