Is it safe?
Can STE take a bad year?
STERIS plc carries $1.49B of net debt at 0.94× EBITDA: a load its earnings can carry.
$1.49B
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.94×
Net debt / EBITDA · 1.39× a year ago · the load is coming down
- Altman Z-score
- 4.85
Altman Z-score · safe zone, above 3
- Interest cover
- 18.1×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $1.93B
- Cash and short-term investments
- $440M
- Net debt
- $1.49B
- EBITDA, trailing twelve months
- $1.59B
- Operating profit, trailing twelve months
- $1.10B
- Debt / equity
- 0.27×
- Total debt / EBITDA
- 1.22×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −36%
- Below its 52-week high
- −11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Medical Devices
Ranks #13 of 35 by Smart Score