STERIS plc
For the period ended Mar 31, 2025. Filed May 29, 2025.
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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.
FY2025 · Filed May 29, 2025
STE$257.12+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(dollars in thousands, except per share amounts)
| Years Ended March 31, | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenues: | |||
| Product | $2,871,604 | $2,763,954 | $2,363,754 |
| Service | 2,587,911 | 2,374,747 | 2,172,512 |
| Total revenues | 5,459,515 | 5,138,701 | 4,536,266 |
| Cost of revenues: | |||
| Product | 1,514,275 | 1,516,082 | 1,271,363 |
| Service | 1,542,476 | 1,404,459 | 1,284,177 |
| Total cost of revenues | 3,056,751 | 2,920,541 | 2,555,540 |
| Gross profit | 2,402,764 | 2,218,160 | 1,980,726 |
| Operating expenses: | |||
| Selling, general, and administrative | 1,334,276 | 1,252,318 | 1,090,663 |
| Research and development | 107,648 | 103,679 | 98,477 |
| Illinois EO litigation settlement | 48,150 | — | — |
| Restructuring expenses | 46,049 | 26,045 | 485 |
| Total operating expenses | 1,536,123 | 1,382,042 | 1,189,625 |
| Income from operations | 866,641 | 836,118 | 791,101 |
| Non-operating expenses, net: | |||
| Interest expense | 86,261 | 144,351 | 107,956 |
| Interest and miscellaneous (income) expense | (8,402) | (11,043) | 2,879 |
| Gain on sale of businesses and equity investment, net | (7,425) | — | — |
| Total non-operating expenses, net | 70,434 | 133,308 | 110,835 |
| Income from continuing operations before income tax expense | 796,207 | 702,810 | 680,266 |
| Income tax expense | 184,650 | 149,530 | 124,069 |
| Income from continuing operations, net of income tax | 611,557 | 553,280 | 556,197 |
| Income (loss) from discontinued operations, net of income tax | 4,517 | (173,201) | (450,384) |
| Net income | 616,074 | 380,079 | 105,813 |
| Less: Net income (loss) attributable to noncontrolling interests | 1,433 | 1,840 | (1,217) |
| Net income attributable to shareholders | $614,641 | $378,239 | $107,030 |
| Net income (loss) per share attributable to shareholders - Basic: | |||
| Continuing Operations | $6.19 | $5.58 | $5.59 |
| Discontinued Operations | $0.05 | $(1.75) | $(4.52) |
| Total | $6.24 | $3.83 | $1.07 |
| Net income (loss) per share attributable to shareholders - Diluted: | |||
| Continuing Operations | $6.16 | $5.55 | $5.56 |
| Discontinued Operations | $0.05 | $(1.74) | $(4.49) |
| Total | $6.20 | $3.81 | $1.07 |
| Cash dividends declared per ordinary share outstanding | $2.23 | $2.03 | $1.84 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.