FCF Payout Ratio: 24.87%
Is the FCF payout ratio high or low?
The FCF payout ratio of 24.87% is 27% below its 5-year average of 34.11%, near the low end of its 5-year range (23.96%–51.52%).
2.52% below its 12-month average of 25.51%.
STE FCF Payout Ratio
Rolling trailing-12-month FCF payout ratio sampled each quarter; raw quarterly payout is intentionally not charted.
STE Average FCF Payout Ratio Chart
STE Current vs Average FCF Payout Ratio Chart
STE FCF Payout Ratio Metrics
FCF PAYOUT RATIO
24.87%
FCF PAYOUT RATIO AVG TTM
25.51%
FCF PAYOUT RATIO AVG 3Y
31.34%
FCF PAYOUT RATIO AVG 5Y
33.24%
FCF PAYOUT RATIO AVG 10Y
33.58%
FCF PAYOUT RATIO AVG 15Y
35.72%
FCF PAYOUT RATIO AVG 20Y
32.20%
CURRENT VS TTM AVG
-2.52%
CURRENT VS 3Y AVG
-20.67%
CURRENT VS 5Y AVG
-25.19%
CURRENT VS 10Y AVG
-25.96%
CURRENT VS 15Y AVG
-30.38%
CURRENT VS 20Y AVG
-22.77%
Payout Ratio Comparison
FCF Payout Ratio TTM
24.9%
Earnings Payout Ratio
31.8%
Dividend Yield
1.20%
FCF Yield
4.69%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2026 | $972.40M | $241.80M | 24.9% |
| 2025 | $778.00M | $219.88M | 28.3% |
| 2024 | $612.95M | $200.57M | 32.7% |
| 2023 | $394.98M | $183.50M | 46.5% |
| 2022 | $397.25M | $163.17M | 41.1% |
| 2021 | $450.38M | $133.84M | 29.7% |
| 2020 | $376.04M | $123.03M | 32.7% |
| 2019 | $349.79M | $112.50M | 32.2% |
| 2018 | $292.18M | $102.93M | 35.2% |
| 2017 | $251.19M | $93.19M | 37.1% |
| 2016 | $128.27M | $65.20M | 50.8% |
| 2015 | $160.78M | $53.51M | 33.3% |
| 2014 | $123.26M | $48.38M | 39.3% |
| 2013 | $140.40M | $43.20M | 30.8% |
| 2012 | $82.69M | $38.56M | 46.6% |
| 2011 | $40.30M | $33.23M | 82.4% |
| 2010 | $180.87M | $144.02M | 79.6% |
| 2009 | $126.50M | $17.66M | 14.0% |
| 2008 | $86.43M | $14.61M | 16.9% |
| 2007 | $46.72M | $11.77M | 25.2% |
| 2006 | $110.78M | $10.94M | 9.9% |
| 2005 | $93.33M | $0 | 0.0% |
| 2004 | $62.43M | $0 | 0.0% |
| 2003 | $74.70M | $0 | 0.0% |
| 2002 | $76.34M | $0 | 0.0% |
| 2001 | $51.32M | $0 | 0.0% |
| 2000 | ($6.02M) | $0 | N/A (Loss) |
| 1999 | ($54.20M) | $0 | N/A (Loss) |
| 1998 | ($153.70M) | $0 | N/A (Loss) |
| 1997 | ($4.20M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
FCF Payout Ratio FAQ
- What is the FCF payout ratio for STERIS plc (STE)?
- The FCF payout ratio for STE stock is 24.87%.
- Is STERIS plc's FCF payout ratio high or low?
- The FCF payout ratio of 24.87% is 27% below its 5-year average of 34.11%, near the low end of its 5-year range (23.96%–51.52%).
- What is the TTM average FCF payout ratio for STERIS plc (STE)?
- The TTM average FCF payout ratio for STE stock is 25.51%.
- What is the 3Y average FCF payout ratio for STERIS plc (STE)?
- The 3Y average FCF payout ratio for STE stock is 31.34%.
- What is the 5Y average FCF payout ratio for STERIS plc (STE)?
- The 5Y average FCF payout ratio for STE stock is 33.24%.
- What is the 10Y average FCF payout ratio for STERIS plc (STE)?
- The 10Y average FCF payout ratio for STE stock is 33.58%.
- What is the 15Y average FCF payout ratio for STERIS plc (STE)?
- The 15Y average FCF payout ratio for STE stock is 35.72%.
- What is the 20Y average FCF payout ratio for STERIS plc (STE)?
- The 20Y average FCF payout ratio for STE stock is 32.20%.
STE FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2026-03-31 | 24.87% |
| 2025-12-31 | 25.73% |
| 2025-09-30 | 23.96% |
| 2025-06-30 | 24.72% |
| 2025-03-31 | 28.26% |
| 2024-12-31 | 28.65% |
| 2024-09-30 | 30.94% |
| 2024-06-30 | 34.60% |
| 2024-03-31 | 32.72% |
| 2023-12-31 | 32.96% |
| 2023-09-30 | 35.73% |
| 2023-06-30 | 37.86% |
| 2023-03-31 | 46.46% |
| 2022-12-31 | 51.52% |
| 2022-09-30 | 44.15% |
| 2022-06-30 | 36.44% |
| 2022-03-31 | 41.07% |
| 2021-12-31 | 37.47% |
| 2021-09-30 | 36.31% |
| 2021-06-30 | 32.19% |
| 2021-03-31 | 29.72% |
| 2020-12-31 | 27.57% |
| 2020-09-30 | 32.13% |
| 2020-06-30 | 32.75% |
| 2020-03-31 | 32.72% |
| 2019-12-31 | 35.38% |
| 2019-09-30 | 33.88% |
| 2019-06-30 | 34.22% |
| 2019-03-31 | 32.16% |
| 2018-12-31 | 33.84% |
| 2018-09-30 | 34.24% |
| 2018-06-30 | 32.81% |
| 2018-03-31 | 35.23% |
| 2017-12-31 | 34.82% |
| 2017-09-30 | 35.15% |
| 2017-06-30 | 38.15% |
| 2017-03-31 | 37.10% |
| 2016-12-31 | 32.12% |
| 2016-09-30 | 40.35% |
| 2016-06-30 | 46.91% |
| 2016-03-31 | 50.83% |
| 2015-12-31 | 76.77% |
| 2015-09-30 | 42.54% |
| 2015-06-30 | 35.27% |
| 2015-03-31 | 33.28% |
| 2014-12-31 | 33.80% |
| 2014-09-30 | 32.05% |
| 2014-06-30 | 36.65% |
| 2014-03-31 | 39.25% |
| 2013-12-31 | 46.81% |
| 2013-09-30 | 43.14% |
| 2013-06-30 | 42.19% |
| 2013-03-31 | 30.77% |
| 2012-12-31 | 29.65% |
| 2012-09-30 | 32.84% |
| 2012-06-30 | 29.93% |
| 2012-03-31 | 46.63% |
| 2011-12-31 | 52.35% |
| 2011-09-30 | 98.44% |
| 2011-06-30 | 183.37% |
| 2011-03-31 | 82.45% |
| 2010-12-31 | 39.03% |
| 2010-09-30 | 107.69% |
| 2010-06-30 | 82.88% |
| 2010-03-31 | 79.63% |
| 2009-12-31 | 80.47% |
| 2009-09-30 | 14.60% |
| 2009-06-30 | 15.52% |
| 2009-03-31 | 13.96% |
| 2008-12-31 | 15.21% |
| 2008-09-30 | 15.30% |
| 2008-06-30 | 15.68% |
| 2008-03-31 | 16.90% |
| 2007-12-31 | 15.11% |
| 2007-09-30 | 16.80% |
| 2007-06-30 | 16.34% |
| 2007-03-31 | 25.19% |
| 2006-12-31 | 20.77% |
| 2006-09-30 | 23.27% |
| 2006-06-30 | 18.57% |
| 2006-03-31 | 9.87% |
| 2005-12-31 | 8.23% |
| 2005-09-30 | 4.54% |
| 2005-06-30 | 2.86% |
About STERIS plc
STERIS plc provides infection prevention products and services worldwide. It operates in three segments: Healthcare, Applied Sterilization Technologies (AST), and Life Sciences. The Healthcare segment offers cleaning chemistries and sterility assurance products; automated endoscope reprocessing system and tracking products; endoscopy accessories, washers, sterilizers, and other pieces of capital equipment for the operation of a sterile processing department; and equipment used directly in procedure rooms, including surgical tables, lights, and connectivity solutions, as well as equipment management services. It also provides capital equipment installation, maintenance, upgradation, repair, and troubleshooting services; preventive maintenance programs and repair services; instrument, devices, and endoscope repair and maintenance services; and custom process improvement consulting and outsourced instrument sterile processing services. The AST segment provides contract sterilization and testing services for medical device and pharmaceutical manufacturers through a network of contract sterilization and laboratory facilities, as well as integrated sterilization equipment and control systems to medical device manufacturers and research institutions. The Life Sciences segment designs, manufactures, and sells consumable products, such as pharmaceutical detergents, cleanroom disinfectants and sterilants, pharmaceutical grade and research sterilizers and washers, sterility assurance and maintenance products, vaporized hydrogen peroxide room decontamination systems and sterilizers, and high purity water and pure steam generators. This segment also offers equipment installation, maintenance, upgradation, repair, and troubleshooting services; and preventive maintenance programs and repair services. It serves its products and services to hospitals, other healthcare providers, and pharmaceutical manufacturers. The company was founded in 1985 and is headquartered in Mentor, Ohio.
- Sector
- Healthcare
- Industry
- Medical - Equipment & Services
- CEO
- Daniel A. Carestio