STERIS plc
—- Market cap
- $21.90B
- Debt
- +$1.93B
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 92% equity / 8% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 · Mkt capMarket cap $21.90B · View financials
Snapshot Sep 4, 4:00 PM ET
FY 2025 · Mkt cap
Decision snapshot: STE stock price at discount vs CARR $224.63 current versus $275.20 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at CARR's multiple
Implied fair value · at STE's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: STE FY 2026 (ended Mar 31, 2026) · CARR FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 92% equity / 8% debt
Capital structure 81% equity / 19% debt · EV / Revenue 2.74x · EV / EBITDA 16.92x
CARR carries the larger enterprise value at $59.50B against $23.83B; CARR trades on the lower EV / Revenue multiple (2.74x vs 4.02x); STE on the lower EV / EBITDA (15.57x vs 16.92x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
STERIS plc · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
CARRIER GLOBAL CORPORATION · implied price per share
Bear
$15.25
Base
$20.49
Bull
$27.55
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.27x
0.81x
Net debt / EBITDA
Leverage against operating earnings
—
2.82x
Cash and equivalents
Liquid reserves on the balance sheet
—
$1.56B
Total debt
Interest-bearing obligations outstanding
$1.93B
$11.47B
Comparable set
Where the pair sits against the wider comparable set.
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