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Quarterly ResultAug 7, 2026, 04:14 PM

STERIS Q1 Revenue $1.49B, up 7.3%; Diluted EPS $2.04, up 14.0%

AI Summary

STERIS plc reported strong first-quarter fiscal 2027 results with total revenues increasing 7.3% to $1,492.7 million and diluted earnings per share growing 14.0% to $2.04. Net income attributable to shareholders rose 12.8% to $200.1 million. The company also increased its cash dividend per share by 10.5% to $0.63 and repurchased $115.5 million in ordinary shares. Additionally, STERIS completed three tuck-in acquisitions in its Healthcare segment for $17.3 million and substantially satisfied payment obligations for the Illinois EO Litigation Settlement.

Key Highlights

  • Total revenues increased 7.3% to $1,492.7 million from $1,391.1 million year-over-year.
  • Diluted EPS grew 14.0% to $2.04 compared to $1.79 in the prior year period.
  • Net income attributable to shareholders rose 12.8% to $200.1 million from $177.4 million.
  • Cash dividends declared per share increased 10.5% to $0.63.
  • The company repurchased $115.5 million of ordinary shares during the quarter.
  • Completed three tuck-in acquisitions in the Healthcare segment for $17.3 million.
  • Illinois EO Litigation Settlement payment obligations were substantially satisfied by July 31, 2026.