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Mar 31, 2020

STERIS Q4 2020 Earnings Report

STERIS's fourth quarter results for fiscal year 2020 were announced, showing revenue growth and profitability.

Key Takeaways

STERIS plc reported a 7% increase in revenue for the fourth quarter of fiscal 2020, reaching $823.0 million. Net income increased to $123.3 million, or $1.44 per diluted share, compared to $108.7 million, or $1.27 per diluted share, in the same quarter of the previous year. The company experienced growth across all segments and a constant currency organic revenue growth of 8%. Due to the uncertainty of COVID-19, STERIS is not providing guidance for fiscal 2021 at this time.

Revenue increased by 7% to $823.0 million compared to Q4 2019.

Net income was $123.3 million, or $1.44 per diluted share, compared to $108.7 million, or $1.27 per diluted share, in Q4 2019.

Constant currency organic revenue growth was 8%.

The company is not providing guidance for fiscal 2021 due to COVID-19 uncertainty.

Total Revenue
$823M
Previous year: $768M
+7.1%
EPS
$1.64
Previous year: $1.53
+7.2%
CC Organic Revenue Growth
8%
Gross Profit
$364M
Previous year: $335M
+8.8%
Cash and Equivalents
$320M
Previous year: $221M
+44.8%
Free Cash Flow
$138M
Previous year: $102M
+35.1%
Total Assets
$5.43B
Previous year: $5.07B
+6.9%

STERIS

STERIS

STERIS Revenue by Segment

Forward Guidance

Due to the uncertainty of COVID-19, STERIS is not providing guidance for fiscal 2021 at this time.

Revenue & Expenses

Visualization of income flow from segment revenue to net income