Steris
STE
$203.89
Share price
-1.02%
Change (1 day)
8.74%
Change (1 year)
Operating Margin for Steris (STE)
Operating Margin as of April 2024 (TTM): 3.54%
According to Steris's latest financial reports and stock price the company's current Operating Margin is 3.54%. At the end of 2023 the company had an Operating Margin of 15.31%.
Operating Margin history for Steris from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 15.31% | 64.95% |
| 2022 | 9.28% | -47.11% |
| 2021 | 17.55% | -1.05% |
| 2020 | 17.74% | 11.54% |
| 2019 | 15.90% | 3.25% |
| 2018 | 15.40% | 40.63% |
| 2017 | 10.95% | 15.6% |
| 2016 | 9.47% | -22.71% |
| 2015 | 12.26% | -9.61% |
| 2014 | 13.56% | -9.67% |
| 2013 | 15.01% | -6.3% |
| 2012 | 16.02% | 123.89% |
| 2011 | 7.16% | -56.84% |
| 2010 | 16.58% | 21.62% |
| 2009 | 13.63% | 24.09% |
| 2008 | 10.99% | -8.81% |
| 2007 | 12.05% | 3.56% |
| 2006 | 11.64% | -10.14% |
| 2005 | 12.95% | 0.28% |
| 2004 | 12.91% | -0.2% |
| 2003 | 12.94% | 39.1% |
| 2002 | 9.30% | 5.19% |
| 2001 | 8.84% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.88% | 546.33% | 🇺🇸 USA |
 Thermo Fisher Scientific TMO | 14.17% | 300.28% | 🇺🇸 USA |
 Kimberly-Clark KMB | 9.31% | 162.99% | 🇺🇸 USA |
 Stryker Corporation SYK | 16.21% | 357.91% | 🇺🇸 USA |
 3M MMM | -9.39% | -365.25% | 🇺🇸 USA |
 CONMED CNMD | -6.77% | -291.24% | 🇺🇸 USA |
 Owens & Minor
OMI | 2.82% | -20.34% | 🇺🇸 USA |
 Hill-Rom HRC | 12.20% | 244.74% | 🇺🇸 USA |
 Ecolab ECL | 9.46% | 167.23% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.