STERIS plc (STE) vs West Pharmaceutical Services, Inc. (WST)

STE leads on 13 of 17 compared metrics.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — STE vs WST

growth of $100 · last 30y
STE +1247.9%WST +4578.0%WST compounded faster
02k4k6kStart $100200120062011201620212026$1,348$4,678
STE WST

STE vs WST: by the numbers

  • WST is the larger company ($24.79B vs $21.02B market cap).
  • STE trades at the lower earnings multiple (27.20 vs 46.84 P/E).
  • WST converts more revenue to profit (16.85% vs 13.18% net margin).
  • STE grew revenue faster over the past five years (13.82% vs 6.72% CAGR).
  • STE pays the higher dividend yield (1.17% vs 0.25%).

Which is better, STE or WST?

Metric tally: STE 13 · WST 4

It depends on what you're optimizing for:

ValueSTE(lower P/E)
GrowthSTE(faster 5Y revenue CAGR)
IncomeSTE(higher dividend yield)
QualityWST(higher ROIC)

Metrics side by side

Valuation

MetricSTEWST
P/E ratio27.2046.84
Forward P/E21.1536.63
P/S ratio3.587.89
P/B ratio2.958.49
PEG ratio1.0333.99
EV / EBITDA12.5329.94
FCF yield4.58%1.80%

Profitability

MetricSTEWST
Gross margin44.25%36.24%
Operating margin18.56%20.67%
Net margin13.18%16.85%
ROE10.89%18.15%
ROIC8.47%13.62%

Dividends

MetricSTEWST
Dividend yield1.17%0.25%
Payout ratio31.78%12.88%

Growth (annualized)

MetricSTEWST
Revenue CAGR (5Y)13.82%6.72%
EPS CAGR (5Y)11.22%7.85%
FCF CAGR (5Y)16.64%8.32%
Total return CAGR (5Y)1.81%-0.26%

Frequently asked

Which is better, STE or WST?
It depends on your goal. value: STE (lower P/E); growth: STE (faster 5Y revenue CAGR); income: STE (higher dividend yield); quality: WST (higher ROIC). Across all compared metrics, STE leads 13 to 4.
Is STE or WST cheaper?
On trailing earnings, STE is cheaper: STE trades at a 27.20 P/E and WST at 46.84.
Which has grown faster, STE or WST?
Over the past five years, STE grew revenue faster — STE at a 13.82% CAGR versus WST at 6.72%.
Does STE or WST pay a bigger dividend?
STE yields 1.17% 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 13.18% versus WST at 16.85%.
Which has been the better investment, STE or WST?
Over the past 10-year, WST delivered the higher annualized total return — STE at 13.87% versus WST at 17.45%. Past performance doesn't predict future results.

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 June 28, 2026.