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STESTERIS plc

Is the current ratio high or low?

The current ratio of 2.09 is in line with its 5-year average of 2.27, near the low end of its 5-year range (1.75–3.08).

As of Friday, June 26, 2026. 5.95% below its 12-month average of 2.22.

Current Ratio

STE Current Ratio

2.09

Reported quarterly current ratio; no daily interpolation.

+19.26% 5Y
STE Current Ratio

STE Average Current Ratio Chart

STE Current Ratio

STE Current vs Average Current Ratio Chart

STE Current Ratio Metrics

CURRENT RATIO

2.09

CURRENT RATIO AVG TTM

2.22

CURRENT RATIO AVG 3Y

2.29

CURRENT RATIO AVG 5Y

2.23

CURRENT RATIO AVG 10Y

2.41

CURRENT RATIO AVG 15Y

2.48

CURRENT RATIO AVG 20Y

2.49

CURRENT VS TTM AVG

-5.95%

CURRENT VS 3Y AVG

-8.81%

CURRENT VS 5Y AVG

-6.31%

CURRENT VS 10Y AVG

-13.16%

CURRENT VS 15Y AVG

-15.76%

CURRENT VS 20Y AVG

-16.00%

STE Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
STERIS plc (STE)$20.52B2.092.222.292.23
Incyte Corporation (INCY)vs ›$21.48B3.322.653.153.33
Labcorp Holdings Inc. (LH)vs ›$21.83B1.421.431.381.52
Viatris Inc. (VTRS)vs ›$18.71B1.301.481.551.42
BioNTech SE (BNTX)vs ›$22.76B7.547.507.966.49
Quest Diagnostics Incorporated (DGX)vs ›$22.83B1.041.071.171.32
United Therapeutics Corporation (UTHR)vs ›$23.07B6.605.926.536.74
Zimmer Biomet Holdings, Inc. (ZBH)vs ›$17.60B1.981.941.851.80
Moderna, Inc. (MRNA)vs ›$23.71B3.293.483.282.72
Hologic, Inc. (HOLX)vs ›$16.97B3.753.723.763.20

Liquidity Analysis

Current Ratio

2.09

Quick Ratio

1.54

Current Ratio Formula & Definition

Current Ratio = Current Assets / Current Liabilities

The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Current Ratio FAQ

What is the current ratio for STERIS plc (STE)?
The current ratio for STE stock is 2.09.
Is STERIS plc's current ratio high or low?
The current ratio of 2.09 is in line with its 5-year average of 2.27, near the low end of its 5-year range (1.75–3.08).
What is the TTM average current ratio for STERIS plc (STE)?
The TTM average current ratio for STE stock is 2.22.
What is the 3Y average current ratio for STERIS plc (STE)?
The 3Y average current ratio for STE stock is 2.29.
What is the 5Y average current ratio for STERIS plc (STE)?
The 5Y average current ratio for STE stock is 2.23.
What is the 10Y average current ratio for STERIS plc (STE)?
The 10Y average current ratio for STE stock is 2.41.
What is the 15Y average current ratio for STERIS plc (STE)?
The 15Y average current ratio for STE stock is 2.48.
What is the 20Y average current ratio for STERIS plc (STE)?
The 20Y average current ratio for STE stock is 2.49.

STE Current Ratio History

DATECURRENT RATIO
2026-03-312.09
2025-12-312.48
2025-09-302.37
2025-06-302.22
2025-03-311.96
2024-12-312.13
2024-09-302.41
2024-06-302.33
2024-03-313.08
2023-12-312.43
2023-09-302.49
2023-06-302.29
2023-03-312.33
2022-12-312.48
2022-09-302.16
2022-06-302.03
2022-03-312.04
2021-12-312.13
2021-09-302.42
2021-06-301.75
2021-03-312.10
2020-12-312.32
2020-09-302.64
2020-06-302.29
2020-03-312.43
2019-12-312.34
2019-09-302.41
2019-06-302.41
2019-03-312.27
2018-12-312.56
2018-09-302.63
2018-06-302.65
2018-03-312.48
2017-12-312.82
2017-09-302.80
2017-06-302.91
2017-03-312.67
2016-12-312.77
2016-09-302.58
2016-06-302.63
2016-03-312.43
2015-12-312.68
2015-09-302.77
2015-06-302.79
2015-03-312.54
2014-12-312.75
2014-09-302.75
2014-06-302.93
2014-03-312.65
2013-12-313.08
2013-09-303.19
2013-06-303.19
2013-03-312.81
2012-12-312.73
2012-09-302.61
2012-06-302.43
2012-03-312.34
2011-12-312.14
2011-09-302.07
2011-06-302.18
2011-03-312.05
2010-12-312.05
2010-09-302.22
2010-06-302.12
2010-03-312.92
2009-12-313.57
2009-09-303.33
2009-06-303.30
2009-03-312.74
2008-12-312.81
2008-09-303.12
2008-06-302.41
2008-03-312.23
2007-12-312.37
2007-09-302.54
2007-06-302.53
2007-03-312.23
2006-12-312.31
2006-09-302.22
2006-06-302.32
2006-03-311.97
2005-12-312.12
2005-09-301.99
2005-06-302.07
2005-03-311.89
2004-12-312.39
2004-09-302.43
2004-06-302.45
2004-03-312.43
2003-12-312.38
2003-09-302.13
2003-06-302.00
2003-03-311.86
2002-12-312.07
2002-09-301.94
2002-06-301.81

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.

Mentor, OH
17,840 employees
Healthcare / Medical - Equipment & Services
Sector
Healthcare
Industry
Medical - Equipment & Services
CEO
Daniel A. Carestio