Steris (MEX:STE N) Dividend Payout Ratio: 0.22 (As of Mar. 2026) — 12% Below Median

Steris MEX:STE N 90 Dividend Payout Ratio is 0.22 as of Mar. 2026, which is 12% below its 10-year median of 0.25. GuruFocus rates MEX:STE N with a GF Score™ of 90/100 and a GF Value™ of MXN4,960.30. The stock has 1 warning sign investors should review. Among 281 Medical Devices & Instruments companies, Steris ranks better than 76.51% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Steris's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.22.

The historical rank and industry rank for Steris's Dividend Payout Ratio or its related term are showing as below:

MEX:STE N' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.25 Max: 0.3
Current: 0.26

During the past 13 years, the highest Dividend Payout Ratio of Steris was 0.30. The lowest was 0.21. And the median was 0.25.

MEX:STE N's Dividend Payout Ratio is ranked better than
76.51% of 281 companies
in the Medical Devices & Instruments industry
Industry Median: 0.42 vs MEX:STE N: 0.26

As of today (2026-06-26), the Dividend Yield % of Steris is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Steris was 1.59%. The lowest was 0.00%. And the median was 0.95%.

Steris's Dividends per Share for the months ended in Mar. 2026 was MXN11.36.

During the past 12 months, Steris's average Dividends Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Steris was 34.70% per year. The lowest was 8.30% per year. And the median was 10.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Steris (MEX:STE N) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Steris Dividend Payout Ratio Related Terms

Steris Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Steris's Dividend Payout Ratio 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.

Steris Dividend Payout Ratio Chart

Steris Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.05

0.22

0.25

0.24

Steris Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.21	0.24	0.32	0.25	0.22

MEX:STE N vs ZBH, GEHC, DXCM: Dividend Payout Ratio Comparison

For the Medical Devices subindustry, Steris's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Steris's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Steris's Dividend Payout Ratio falls into.

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Steris PLC MEX:STE N

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Steris Dividend Payout Ratio Calculation

Steris's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	44.36	/	183.393
	=	0.24

Steris's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	11.361	/	51.033
	=	0.22

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.22 mean?

Steris (MEX:STE N) has a Dividend Payout Ratio of 0.22 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Steris and its competitors. This is 12% below median its historical median of 0.25. Over the past decade, Steris' Dividend Payout Ratio has ranged from 0.21 to 0.30. According to the industry distribution chart, Steris ranks #66 out of 281 companies in the Medical Devices & Instruments industry, placing it in the top 23.5%.

Is Steris' Dividend Payout Ratio too high?

Steris' current Dividend Payout Ratio of 0.22 is 12% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.30. The Medical Devices & Instruments industry median Dividend Payout Ratio is 0.42. Steris' value of 0.22 is 47.6% below this industry median. Based on the distribution chart, Steris ranks #66 out of 281 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, reflecting its overall financial health beyond just this single metric.

How does Steris' Dividend Payout Ratio compare to ZBH and GEHC?

According to the Medical Devices & Instruments industry distribution chart, Steris ranks #66 out of 281 companies for Dividend Payout Ratio. This places Steris in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.42. Steris' value of 0.22 is 47.6% below this benchmark. Historically, Steris' own Dividend Payout Ratio has ranged from 0.21 to 0.30 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.42, Steris has consistently been below 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 Dividend Payout Ratio for a Medical Devices & Instruments company?

The median Dividend Payout Ratio among Medical Devices & Instruments companies is 0.42, based on 281 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steris's current Dividend Payout Ratio of 0.22 is 47.6% below 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 Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Steris and its competitors. For the Medical Devices & Instruments industry, the median Dividend Payout Ratio is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steris's current Dividend Payout Ratio is 0.22, which is 12% below median its own 10-year median of 0.25. 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?

Steris (MEX:STE N) has a current Dividend Payout Ratio of 0.22. The stock's GF Value™ is MXN4,960.30, compared to a current price of MXN3,824.43 — trading 22.9% below its estimated fair value. The current Dividend Payout Ratio is 0.22, which is 12% below median its 10-year median of 0.25 and 47.6% below the Medical Devices & Instruments industry median of 0.42. 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 Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Steris (MEX:STE N), the current Dividend Payout Ratio is 0.22 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 (MEX:STE N) Overvalued in 2026?

Based on GuruFocus' analysis, Steris stock appears to be undervalued. The current stock price of MXN3,824.43 is trading 22.9% below its estimated GF Value™ of MXN4,960.30.

Key valuation signals for MEX:STE N:

Dividend Payout Ratio: 0.22 (12% below median its 10-year median of 0.25)
GF Value™: MXN4,960.30 vs. price of MXN3,824.43 (22.9% below fair value)
GF Score™: 90/100 with 1 warning sign
Industry Position: 47.6% below the Medical Devices & Instruments median (#66 of 281)

No single metric tells the full story. See the MEX:STE N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Steris Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies ZBH GEHC DXCM PEN GMED PODD MASI BRKR BIO GKOS ABT SYK MDT BSX EW XTER:SHL SZSE:300760 XAMS:PHIA XSWX:SOON SHSE:688271

Other Exchanges STE:USA 2TG:Germany S1TE34:Brazil

Address 70 Sir John Rogerson\'s Quay, Dublin, IRL, D02 R296

Website https://www.steris.com

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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MXN3,824.43

Price

MXN4,960.30

GF Value

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