Filing Flows › Steris (STE) › Guidance history
Steris (STE) guidance history: what it guided and what it reported
Steris gave guidance in 12 earnings releases on file since Feb 7, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Tax rate: 1 of 2, on average +0.6 pts against the guided midpoint. Its releases raised guidance 5 times and lowered it 5 times.
Tax rate
Met or beat 1 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY26 | 24.0% (Nov 5, 2025) → reaffirmed 24.0% (Feb 4, 2026) | 25.0% | above the range | +1.0 pts |
| FY25 | 23.0% (May 8, 2024) → reaffirmed 23.0% (Aug 6, 2024) → reaffirmed 23.0% (Nov 6, 2024) → reaffirmed 23.0% (Feb 5, 2025) | 23.1% | within the range | +0.1 pts |
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $375M (May 11, 2026) | — | to be reported | — |
| FY26 | $375M (May 14, 2025) → reaffirmed $375M (Aug 6, 2025) → reaffirmed $375M (Nov 5, 2025) → reaffirmed $375M (Feb 4, 2026) | $369M (GAAP) | not judged | — |
| FY25 | $360M (May 8, 2024) → reaffirmed $360M (Aug 6, 2024) → reaffirmed $360M (Nov 6, 2024) → reaffirmed $360M (Feb 5, 2025) | $370M (GAAP) | not judged | — |
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $850M (May 11, 2026) | — | to be reported | — |
| FY26 | $770M (May 14, 2025) → raised $820M (Aug 6, 2025) → raised $850M (Nov 5, 2025) → reaffirmed $850M (Feb 4, 2026) | $972M (GAAP) | not judged | — |
| FY25 | $700M (May 8, 2024) → reaffirmed $700M (Aug 6, 2024) → reaffirmed $700M (Nov 6, 2024) → reaffirmed $700M (Feb 5, 2025) | $778M (GAAP) | not judged | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY27 | $11.10–$11.30 (Aug 5, 2026) → raised $11.35–$11.55 (Nov 4, 2026) | — | to be reported | — |
| FY26 | $9.90–$10.15 (Aug 6, 2025) → raised $10.15–$10.30 (Nov 5, 2025) → reaffirmed $10.15–$10.30 (Feb 4, 2026) | — | — | — |
| FY25 | $9.05–$9.25 (Aug 6, 2024) → reaffirmed $9.05–$9.25 (Nov 6, 2024) → lowered $9.05–$9.15 (Feb 5, 2025) | — | — | — |
| FY24 | $8.60–$8.70 (Feb 7, 2024) | — | — | — |
The latest quarter
Steris, Q2 FY27: revenue $1.6B (+9% year over year), operating margin 18.5%, net earnings $214M, operating cash flow $289M. The chart follows the revenue to costs, profit and cash.
Questions
Does Steris beat its guidance?
Steris gave guidance in 12 earnings releases on file since Feb 7, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Tax rate: 1 of 2, on average +0.6 pts against the guided midpoint.
How often does Steris raise guidance?
Its earnings releases raised guidance 5 times and lowered it 5 times since Feb 7, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.