STERIS plc (STE) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.35x

STERIS plc (STE) has a Cash Flow Reinvestment Rate of 0.35x as of December 2025, reinvesting $103.70 Million (capex $98.70 Million plus investments $-5.00 Million) from operating cash flow of $298.20 Million. See how much free cash does STERIS plc generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.35x
(Capex + Investments) / Operating CF

Total Reinvested

$103.70 Million
Capex + Investments

Operating Cash Flow

$298.20 Million
USD

Capital Expenditures

$98.70 Million
USD

STERIS plc Cash Flow Reinvestment Rate (1993–2025)

Historical reinvestment intensity for STERIS plc across 33 annual periods. For the full cash flow conversion analysis, see STERIS plc (STE) cash flow conversion.

Annual Cash Flow Reinvestment Rate for STERIS plc (1993–2025)

Year-by-year capital reinvestment analysis for STERIS plc. See how financially flexible is STERIS plc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.66x $758.86 Million $1.15 Billion $370.09 Million ▼ -48.4%
2024 1.28x $1.25 Billion $973.27 Million $360.33 Million ▲ +30.2%
2023 0.98x $745.30 Million $756.95 Million $361.97 Million ▼ -29.3%
2022 1.39x $954.12 Million $684.81 Million $287.56 Million ▲ +294.3%
2021 0.35x $243.66 Million $689.64 Million $239.26 Million ▼ -60.9%
2020 0.90x $534.25 Million $590.56 Million $214.52 Million ▲ +150.7%
2019 0.36x $194.67 Million $539.50 Million $189.72 Million ▼ -3.1%
2018 0.37x $170.41 Million $457.63 Million $165.46 Million ▼ -11.9%
2017 0.42x $179.26 Million $424.09 Million $172.90 Million ▼ -18.9%
2016 0.52x $132.76 Million $254.68 Million $126.41 Million ▲ +42.6%
2015 0.37x $89.94 Million $246.04 Million $85.25 Million ▼ -15.8%
2014 0.43x $91.05 Million $209.63 Million $86.37 Million ▲ +13.2%
2013 0.38x $87.41 Million $227.81 Million $87.41 Million ▼ -14.0%
2012 0.45x $66.68 Million $149.37 Million $66.68 Million ▼ -32.1%
2011 0.66x $77.44 Million $117.74 Million $77.44 Million ▲ +235.6%
2010 0.20x $44.09 Million $224.95 Million $44.09 Million ▼ -19.8%
2009 0.24x $40.89 Million $167.38 Million $40.89 Million ▼ -38.5%
2008 0.40x $56.97 Million $143.40 Million $56.97 Million ▼ -22.4%
2007 0.51x $49.02 Million $95.74 Million $49.02 Million ▲ +62.1%
2006 0.32x $51.17 Million $161.96 Million $51.17 Million ▼ -15.3%
2005 0.37x $55.54 Million $148.87 Million $55.54 Million ▼ -27.8%
2004 0.52x $66.70 Million $129.13 Million $66.70 Million ▲ +17.5%
2003 0.44x $58.59 Million $133.29 Million $58.59 Million ▼ -4.9%
2002 0.46x $65.68 Million $142.02 Million $65.68 Million ▼ -7.2%
2001 0.50x $51.02 Million $102.34 Million $51.02 Million ▼ -54.0%
2000 1.08x $77.13 Million $71.11 Million $77.13 Million ▼ -41.1%
1999 1.84x $118.70 Million $64.50 Million $118.70 Million ▼ -86.7%
1998 13.81x $165.70 Million $12.00 Million $165.70 Million ▲ +997.9%
1997 1.26x $20.50 Million $16.30 Million $20.50 Million ▲ +481.4%
1996 0.22x $15.10 Million $69.80 Million $15.10 Million ▼ -23.9%
1995 0.28x $19.50 Million $68.60 Million $19.50 Million ▼ -69.5%
1994 0.93x $2.70 Million $2.90 Million $2.70 Million ▼ -34.8%
1993 1.43x $1.00 Million $700.00K $1.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow