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 TT $224.63 current versus $273.66 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 TT'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 discount
Value edge
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: STE FY 2026 (ended Mar 31, 2026) · TT 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 95% equity / 5% debt · EV / Revenue 4.79x · EV / EBITDA 22.79x
TT carries the larger enterprise value at $102.10B against $23.83B; STE trades on the lower EV / Revenue multiple (4.02x vs 4.79x); STE on the lower EV / EBITDA (15.57x vs 22.79x).
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.
TRANE TECHNOLOGIES PLC · implied price per share
Bear
$153.52
Base
$187.93
Bull
$235.37
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
0.62x
Net debt / EBITDA
Leverage against operating earnings
—
0.79x
Cash and equivalents
Liquid reserves on the balance sheet
—
$1.76B
Total debt
Interest-bearing obligations outstanding
$1.93B
$5.31B
Comparable set
Where the pair sits against the wider comparable set.
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