STERIS plc

For the period ended Mar 31, 2024. Filed May 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed May 29, 2024

STE$257.12+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(in thousands, except per share amounts)

Years Ended March 31,	2024	2023	2022
Revenues:
Product	$2,763,954	$2,363,754	$2,194,620
Service	2,374,747	2,172,512	2,028,783
Total revenues	5,138,701	4,536,266	4,223,403
Cost of revenues:
Product	1,516,082	1,271,363	1,191,619
Service	1,404,459	1,284,177	1,148,777
Total cost of revenues	2,920,541	2,555,540	2,340,396
Gross profit	2,218,160	1,980,726	1,883,007
Operating expenses:
Selling, general, and administrative	1,252,318	1,090,663	1,318,481
Research and development	103,679	98,477	86,663
Restructuring expenses	26,045	485	48
Total operating expenses	1,382,042	1,189,625	1,405,192
Income from operations	836,118	791,101	477,815
Non-operating expenses, net:
Interest expense	144,351	107,956	89,490
Fair value adjustment related to convertible debt, premium liability	—	—	27,806
Interest and miscellaneous (income) expense	(11,043)	2,879	(6,284)
Total non-operating expenses, net	133,308	110,835	111,012
Income from continuing operations before income tax expense	702,810	680,266	366,803
Income tax expense	149,530	124,069	82,344
Income from continuing operations, net of income tax	553,280	556,197	284,459
Loss from discontinued operations, net of income tax	(173,201)	(450,384)	(41,589)
Net income	380,079	105,813	242,870
Less: Net income (loss) attributable to noncontrolling interests	1,840	(1,217)	(1,018)
Net income attributable to shareholders	$378,239	$107,030	$243,888
Net income (loss) per share attributable to shareholders - Basic:
Continuing Operations	$5.58	$5.59	2.93
Discontinued Operations	$(1.75)	$(4.52)	(0.43)
Total	$3.83	$1.07	$2.50
Net income (loss) per share attributable to shareholders - Diluted:
Continuing Operations	$5.55	$5.56	2.90
Discontinued Operations	$(1.74)	$(4.49)	(0.42)
Total	$3.81	$1.07	$2.48
Cash dividends declared per ordinary share outstanding	$2.03	$1.84	$1.69

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.