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Mentor, Ohio-based STERIS plc (STE) is a leading global provider of infection prevention, sterilization, and procedural products and services, primarily serving healthcare institutions, pharmaceutical manufacturers, and research labs. Valued at $24.5 billion by market cap, the company specializes in enhancing patient safety and operational efficiency in sterilization processes, with solutions ranging from surgical instruments and sterilizers to maintenance services and cleanroom technologies.
Shares of STE have underperformed the broader market over the past year. STE has surged 5.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15.1%. However, in 2025, STE stock is up 20.9%, surpassing the SPX’s 9.9% rise on a YTD basis.
