SterisFRA:2TG +11.53%90 Net Margin % is 13.86% as of Mar. 2026, which is 26% above its 10-year median of 11.01. GuruFocus rates FRA:2TG with a GF Score™ of 90/100 and a GF Value™ of €238.39 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 817 Medical Devices & Instruments companies, Steris ranks better than 79.68% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Steris's Net Income for the
three
months ended in Mar. 2026 was €190 Mil. Steris's Revenue for the
three
months ended in Mar. 2026 was €1,374 Mil. Therefore, Steris's net margin for the quarter that ended in Mar. 2026 was 13.86%.
The historical rank and industry rank for Steris's Net Margin % or its related term are showing as below:
FRA:2TG'
s Net Margin % Range Over the Past 10 Years
Min: 2.36 Med: 11.01 Max: 13.45
Current: 13.18
FRA:2TG's Net Margin % is ranked better than 79.68% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: 2.07
vs FRA:2TG: 13.18
Steris (FRA:2TG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Steris Net Margin % Related Terms
Steris Net Margin % Historical Data
* Premium members only.
The historical data trend for Steris's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:2TG vs ZBH, GEHC, DXCM: Net Margin % Comparison
For the Medical Devices subindustry, Steris's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Steris Net Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Steris's Net Margin % distribution charts can be found below:
* The bar in red indicates where Steris's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Steris (FRA:2TG) has a Net Margin % of 13.86% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Steris and its competitors. This is 26% above median its historical median of 11.01. Over the past decade, Steris' Net Margin % has ranged from 2.36 to 13.45. According to the industry distribution chart, Steris ranks #166 out of 817 companies in the Medical Devices & Instruments industry, placing it in the top 20.3%.
Is Steris' Net Margin % too high?
Steris' current Net Margin % of 13.86% is 26% above median its 10-year median of 11.01. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 13.45. The Medical Devices & Instruments industry median Net Margin % is 2.07. Steris' value of 13.86% is 569.6% above this industry median. Based on the distribution chart, Steris ranks #166 out of 817 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Steris has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steris' Net Margin % compare to ZBH and GEHC?
According to the Medical Devices & Instruments industry distribution chart, Steris ranks #166 out of 817 companies for Net Margin %. This places Steris in the top 20% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.07. Steris' value of 13.86% is 569.6% above this benchmark. Historically, Steris' own Net Margin % has ranged from 2.36 to 13.45 over the past decade. While the company's 10-year median is 11.01 vs. the industry median of 2.07, Steris has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Medical Devices & Instruments company?
The median Net Margin % among Medical Devices & Instruments companies is 2.07, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steris's current Net Margin % of 13.86% is 569.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Steris and its competitors. For the Medical Devices & Instruments industry, the median Net Margin % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steris's current Net Margin % is 13.86%, which is 26% above median its own 10-year median of 11.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steris stock overvalued right now?
Based on GuruFocus' analysis, Steris (FRA:2TG) is currently considered Modestly Undervalued. The stock's GF Value™ is €238.39, compared to a current price of €183.80 — trading 22.9% below its estimated fair value. The current Net Margin % is 13.86%, which is 26% above median its 10-year median of 11.01 and 569.6% above the Medical Devices & Instruments industry median of 2.07. Steris' overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Steris (FRA:2TG), the current Net Margin % is 13.86% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Steris (FRA:2TG) Overvalued in 2026?
Based on GuruFocus' analysis, Steris stock appears to be undervalued.
The current stock price of €183.80 is trading 22.9% below its estimated GF Value™ of €238.39.
GuruFocus considers Steris to be Modestly Undervalued.
Key valuation signals for FRA:2TG:
Net Margin %: 13.86% (26% above median its 10-year median of 11.01)
GF Value™: €238.39 vs. price of €183.80 (22.9% below fair value)
Industry Position: 569.6% above the Medical Devices & Instruments median (#166 of 817)
No single metric tells the full story. See the FRA:2TG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steris is an Ireland-domiciled medical technology company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Steris also sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its inversion to Ireland, the firm derives approximately 70% of its revenue from Healthcare Services, 20% from Applied Sterilization Technologies, or AST, and 10% from life sciences services after the divestment of its dental products business.
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